Barrow Hanley Global Share Active ETF Announces Final Distribution of 68.09 Cents Per Unit for June 2026

Final Distribution of 68.09 Cents Per Unit Confirmed for June 2026

On 2 July 2026, Perpetual Investment Management Limited, the issuer of the Barrow Hanley Global Share Active ETF, confirmed a final distribution payment of 68.089538 cents per unit for the period ending 30 June 2026. This amount represents the cash distribution before tax credits, which bring the total distribution including credits to 69.100026 cents per unit.

This announcement comes at a time when investors focused on income ETFs are closely monitoring distribution yields and the tax character of payments. GLOB’s distribution reflects activity across various asset classes and jurisdictions within the underlying Barrow Hanley Global Share Fund. Due to rounding, component figures may not exactly sum to the total distribution amount as noted in the announcement.

Distribution Reinvestment Plan Price Set at $4.517029 Per Unit

Alongside the cash distribution, the DRP price for this period has been established at $4.517029 per unit. Eligible unitholders who opt to reinvest their distributions will receive new units at this price instead of cash. This provides a clear reference point for investors deciding whether to take distributions in cash or reinvest into additional GLOB units.

The update does not specify if the DRP price includes any discount relative to the prevailing market price, nor does it state the allotment date for new DRP units. Investors seeking details on DRP participation should consult the fund’s product disclosure statement or contact Perpetual directly.

Distribution Composition Dominated by Non-TAP Capital Gains and Net Foreign Income

The distribution breakdown highlights two main components: non-TAP capital gains and net foreign income. Net foreign income contributed 6.591755 cents per unit, reflecting income such as dividends and interest from the fund’s international equity holdings.

Capital gains constitute the largest portion of the distribution. Non-TAP discounted capital gains amount to 26.955243 cents per unit, with an additional 7.219086 cents per unit from non-TAP capital gains calculated by another method. The CGT concession, representing the 50% discount on eligible long-term capital gains, matches the non-TAP discounted capital gains figure at 26.955243 cents per unit. This indicates significant long-term capital gains realized from global equity holdings during the period, though specific securities or transactions were not disclosed.

Domestic Income Components Include Franked Dividends and Interest

In addition to foreign income, the distribution includes modest domestic income elements. Domestic interest contributed 0.296323 cents per unit, while net franked dividends added 0.071888 cents per unit. Franking credits associated with these dividends total 0.033538 cents per unit, which may offset Australian tax liabilities depending on individual circumstances.

Other domestic income categories such as domestic interest subject to withholding tax, unfranked dividends, other Australian income, and clean building MIT income recorded zero for this distribution period. This underscores the predominantly international nature of GLOB’s portfolio, with domestic income playing a secondary role.

Foreign Income Tax Offset of 0.976950 Cents Per Unit Relevant for Australian Investors

The distribution includes a foreign income tax offset (FITO) of 0.976950 cents per unit, arising from foreign taxes paid or credited on income also assessable in Australia. Australian resident investors may use this offset to reduce their Australian income tax liability subject to applicable rules and individual circumstances.

This offset is particularly relevant for unitholders in higher tax brackets holding GLOB in taxable accounts. However, the actual tax benefit varies per individual. Perpetual advises investors to rely on their AMMA statements, issued after the financial year-end, for definitive tax figures.

Zero TAP Capital Gains Indicate No Tax-Advantaged Pool Gains in This Distribution

The breakdown shows all TAP (tax-advantaged pool) capital gains line items as zero for this period, indicating no capital gains from the fund’s tax-advantaged pool are included in this distribution.

Non-TAP capital gains remain substantial, which is important since TAP and non-TAP components are treated differently under Australian tax law. The absence of TAP gains simplifies tax considerations, but investors should consult their individual AMMA statements for precise guidance.

Fund Classified as Non-Withholding MIT with Implications for Investors

The update confirms that the Barrow Hanley Global Share Fund, underlying GLOB, is not a withholding managed investment trust under Subdivision 12-H of Schedule 1 of the Taxation Administration Act 1953. This affects tax treatment for non-resident and certain institutional investors receiving distributions.

All fund payment line items related to withholding MIT status are zero. While this classification may be less significant for Australian retail investors, it is relevant for those holding units through cross-border structures or seeking tax advice.

AMMA Statements to Provide Definitive Tax Reporting Information

Perpetual emphasizes that the distribution component details are for informational purposes only. The authoritative source for tax reporting will be the Attribution Managed Investment Trust Member Annual (AMMA) statements, which will be issued post financial year-end. These statements are essential for Australian investors when preparing income tax returns.

AMMA statements are standard for funds structured as AMITs, where taxable income is attributed directly to members. Investors uncertain about tax treatment should wait for their AMMA statements or consult a qualified tax adviser. No specific date for AMMA statement issuance was provided.

Global Equity Focus Drives GLOB’s Distribution Profile

The June 2026 distribution reflects GLOB’s mandate as an actively managed global equity fund. The prominence of net foreign income and foreign income tax offsets aligns with the fund’s international investment approach. GLOB units represent a class within the Barrow Hanley Global Share Fund.

Perpetual Investment Management Limited, holding Australian Financial Services Licence 234426, is the issuer and Responsible Entity. The company notes that no entity within the Perpetual Group guarantees fund performance or capital return. Investors should review the fund’s Product Disclosure Statement, Target Market Determination, and any Supplementary PDS available at perpetual.com.au/active-etfs, and seek independent financial advice.

Next Steps for GLOB Investors After Distribution Announcement

With the final distribution and DRP price confirmed, unitholders should anticipate receiving their AMMA statements for detailed tax attribution information for the financial year ended 30 June 2026. Those participating in the DRP should monitor the allotment of new units and verify their brokerage or registry records.

Investors may also track how the fund’s distribution profile evolves in future periods, especially given the significant capital gains realized in June 2026. Future distribution amounts will depend on portfolio activity, market fluctuations, and currency movements affecting international holdings. The immediate impact on GLOB’s share price following this announcement was not evident from public information.