With a fund size of over SGD $1 billion, the ABF SG Bond ETF is the go-to instrument to gain access to one of the world’s highest-yielding AAA-rated government bonds.
As the first-ever exchange traded fund (ETF) bond fund in Singapore, it invests in the constituents of the iBoxx ABF Singapore Bond Index.
This means that tracks a basket of high-quality bonds issued primarily by the Singapore government and quasi-Singapore government entities (e.g. Temasek, SP Group, Land Transport Authority and Housing Development Board).
Bond ETFs typically offer investors haven status amidst the market volatility such as the Covid-induced crash.
Although I used to hold ABF Singapore Bond Index ETF, I no longer do so no.
Singapore Savings Bonds have been offering 10-year returns of about 3% or more for the past six months, and it has taken up a huge chunk of my funds.
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Read These 37 Things To Become An Expert On The Singapore Savings Bonds
For short-term idle funds, I’m currently parking them with MoneyOwl’s WiseSaver (about 4%)which is relying on Fullerton SGD Cash Fund as the underlying instrument.
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MoneyOwl WiseSaver : Hidden Gem In Rising Interest Rate Environment
From the start of the year 2022, the ABF SG Bond ETF price of $1.146 trended downwards and ended the year at $1.051 on 28 December 2022 – representing a dip of about 8%.
Useful information
- Benchmark : iBoxx ABF Singapore Bond Index Total Return Series
- Lot structure : 10 units per lot
- Total Expense Ratio : 0.25% p.a. (inclusive Management Fee and Trustee Fee)
ABF SG Bond ETF Dividend 2023 : $0.0123
SGX (Corporate Action) is one of the best source of dividends information and I’ll re-post it here for your convenience. More information (released on 25 December 2020) can also be found in this link here.
Dividend History (5 Years)
| Year | Payout |
|---|---|
| 2017 | $0.0214 (1.85%) |
| 2018 | $0.0261(2.23%) |
| 2019 | $0.0262 (2.24%) |
| 2020 | $0.0249 (2.08%) |
| 2021 | $0.0371 (3.00%) |
| 2022 | $0.0245 (2.22%) |
| 2023 | $0.0123 (1.17% : 1 of 2 payouts) |
Ex-date : 03-Jan-2023
Payment-date : 16-Jan-2023
Dividend Yield : 1.17%
What most people are interested in – what is the dividend yield please?
Based on the current unit price, this translates to a dividend yield of 1.17% for ABF Singapore Bond Index ETF, before considering the second payout that will be happening in July 2023 this year.
Are you still keeping your funds in ABF SG Bond ETF or putting them in other instruments? Let me know!
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Hello! I’m Kevin, Turtle Investor
At the age of 30, I am the Personal Finance Blogger who laid claim to a negative net worth of minus $25,755 – and decided to turn things around.
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I am married to a lovely wife and that means dual income with no kids. In my free time, I chase miles so that we can fly in business class. My hobbies include making pocket change off this blog and sharing everything I know with you!
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