Betashares has expanded its Defined Income ETF range with the launch of the Betashares 2031 Fixed Term Corporate Bond Active ETF, trading on the ASX under the ticker 31BB.
The new ETF provides investors with access to a diversified portfolio of Australian dollar-denominated, investment grade corporate bonds that mature in the 12 months leading up to May 2031. The fund is designed to deliver stable monthly income and return capital at maturity, subject to market conditions.
31BB combines features of traditional fixed income investments with the flexibility of an exchange traded fund. Investors can buy and sell units on the ASX at any time prior to maturity, while still targeting regular monthly income payments and a defined end date.
The ETF is the latest addition to Betashares’ Defined Income range, which includes funds maturing in 2028, 2029 and 2030. The range was first launched in May 2025 and was Australia’s first suite of ETFs offering a defined maturity structure.
Betashares said the launch comes at a time when elevated corporate bond yields may present attractive income opportunities for income focused investors seeking greater predictability in their portfolios.
