BetaShares S&P 500 Yield Maximiser Fund (AU:UMAX) Price & Chart
AU:UMAX ETF Chart & Stats
- Day’s Range
- AUD 26.88 - AUD 26.99
- 52-Week Range
- AUD 24.00 - AUD 27.46
- Previous Close
- AUD 26.82
- Volume
- 13.86K
- Average Volume (3M)
- 15.35K
- AUM
- 332.09M
- NAV
- 26.94
- Expense Ratio
- 0.79%
- Holdings Count
- 0
- Beta
- 0.42
- Inception Date
- Sep 17, 2014
- Last Dividend Ex-Date
- Oct 01, 2026
- Dividend Yield
- (5.17%)
- Shares Outstanding
- 12,309,622
- Standard Deviation
- N/A
ETF Overview
BetaShares S&P 500 Yield Maximiser Fund
The BetaShares S&P 500 Yield Maximiser Fund (ASX: UMAX) is a distinctive Exchange Traded Fund (ETF) designed to cater to investors seeking to enhance yield returns while maintaining exposure to the robust performance of the United States' largest companies. Positioned within the Large Cap category, UMAX strategically taps into the S&P 500 index, a benchmark renowned for encompassing the foremost large-cap corporations that epitomize the American economic landscape. What sets UMAX apart is its innovative approach to yield maximization, as it leverages an income-focused strategy through the use of options overlays. This technique aims to boost income generation beyond the dividends typically offered by traditional S&P 500 investments, making it particularly appealing for income-driven investors. The fund's focus on a broad-based niche ensures a diversified exposure across various sectors, thus mitigating risks associated with concentration in specific industries. By investing in UMAX, investors gain access to a sophisticated blend of growth potential from large, established companies and enhanced income streams, all while benefiting from the inherent stability and diversification of a broad market index. This ETF is particularly suited for those who are keen on optimizing yield without foregoing the potential capital appreciation offered by the heavyweight champions of the U.S. stock market.