BetaShares - Australian Major Bank Hybrids Index ETF (BHYB.AX) Dividend Yield, History & Forecast

The BHYB exchange-traded fund aims to mirror the performance of an index (prior to any fees or expenses) that provides exposure to a portfolio of publicly listed hybrid securities originating from Australia's four largest banks. These hybrid instruments generally exhibit a risk-return profile that is superior to conventional fixed-income assets like bonds, yet falls below that of ordinary shares.