Perpetual Diversified Income Active ETF Announces Final Distribution of 20.991317 Cents Per Unit for June 2026

Final Distribution of 20.991317 Cents Per Unit Confirmed for June 2026

On 2 July 2026, Perpetual Investment Management Limited, as issuer of the Perpetual Diversified Income Active ETF (DIFF), confirmed the final distribution for the period ending 30 June 2026 at 20.991317 cents per unit. This amount represents the total distribution including all applicable credits, though rounding may cause individual components not to sum exactly to the total.

This distribution marks a significant income event for DIFF unitholders, reflecting the income generated by the fund’s underlying portfolio during the financial year. The actively managed ETF aims to provide diversified income exposure, and this payment corresponds to the fund’s earnings through 30 June 2026.

Distribution Reinvestment Plan Price Set at $10.002086 Per Unit

For unitholders participating in the Distribution Reinvestment Plan (DRP), the DRP price has been fixed at $10.002086 per unit. This price determines the number of additional units issued to reinvesting investors instead of a cash payout. The DRP enables investors to grow their holdings without incurring transaction costs associated with market purchases.

The DRP price closely aligns with the fund’s unit value, likely based on the net asset value or relevant market price near the distribution record date. Unitholders who elected to join the DRP before the deadline will receive additional units at this price, while those not participating will receive the cash equivalent of 20.991317 cents per unit.

Domestic Interest Income Constitutes Majority of Distribution

The tax breakdown shows the distribution is mainly composed of two domestic interest income streams: standard domestic interest at 3.559201 cents per unit and non-withholding tax domestic interest at 12.474325 cents per unit. Together, these account for about 16.03 cents of the total 20.991317 cents per unit distribution.

The remaining 4.957791 cents per unit is classified as other Australian sourced income, which also represents the entire Fund Payment for this period. This Fund Payment figure is important for tax purposes, especially regarding withholding tax obligations for non-resident investors and intermediaries. Its presence confirms the fund earned substantial Australian-sourced income consistent with its diversified income mandate.

No Capital Gains, Franking Credits, or Foreign Income Included

Notably, all capital gains components—including discounted, other method, NCMI-related, and excluded-from-NCMI categories—are zero cents per unit. This applies to both TAP (Tax Advantaged Payment) and NTAP (Non-Tax Advantaged Payment) capital gains, indicating no realised capital gains were distributed in this period.

Additionally, franking credits, Trans-Tasman imputation credits, foreign income tax offsets, and foreign capital tax offsets are all zero. There is no net foreign income, conduit foreign income, or clean building MIT income included. Consequently, the distribution is entirely based on domestic income, which may simplify tax reporting for Australian residents and affects withholding tax treatment for non-residents via custodians and intermediaries.

DIFF Classified as a Withholding Managed Investment Trust Under Australian Tax Law

The update confirms DIFF is a unit class within the Perpetual Diversified Income Fund, structured as a withholding managed investment trust (MIT) under Subdivision 12-H of Schedule 1 of the Taxation Administration Act 1953. This classification dictates how the fund interacts with Australia’s attribution managed investment trust (AMIT) tax regime and the withholding obligations for custodians and intermediaries.

As a withholding MIT, non-resident investors and custodians holding units on behalf of others must apply specific withholding tax rates to applicable fund payment components. For this distribution, the Fund Payment of 4.957791 cents per unit—derived entirely from other Australian sourced income—is the relevant figure for withholding tax calculations. Intermediaries and custodians should utilize the detailed tax component data in the announcement to meet their statutory withholding responsibilities under Subdivisions 12A-A, 12-H, and where relevant, 12A-B of the Act.

Australian Retail Investors Should Refer to AMMA Statement for Tax Reporting

Perpetual Investment Management Limited advises Australian investors to rely on the Attribution Managed Investment Trust Member Annual (AMMA) statement for personal tax reporting rather than the distribution announcement’s component details. The AMMA statement will be issued after the financial year-end and contains the official tax attribution figures for the 2025–26 income year.

This distinction is important because the distribution components in the announcement may differ from those on the AMMA statement due to the complexity of AMIT tax attribution rules, timing differences, and other adjustments. Unitholders and their tax advisers should not depend solely on the per-unit component figures in this notice when preparing income tax returns for the year ended 30 June 2026.

Zero Allocation for Tax-Exempt and Non-Assessable Components

Several distribution components that sometimes hold material value for ETF investors are recorded at zero for this distribution. These include the tax exempt amount, CGT concession amount, non-attributable or tax deferred amount, and non-assessable non-exempt income—all zero cents per unit. Therefore, unitholders will not receive any tax-deferred or tax-exempt income treatment in this distribution, which may influence after-tax returns for investors in higher tax brackets.

The absence of tax-deferred or non-assessable components aligns with a fund generating income mainly through interest-bearing securities and other income-producing assets, rather than property trusts or infrastructure assets that often yield tax-deferred distributions. Investors using DIFF within tax-aware income strategies should consider the fully assessable nature of this distribution in their portfolio planning.

Insights into DIFF’s Portfolio from Income Composition

The distribution breakdown offers insight into DIFF’s portfolio during the June 2026 period. The predominance of domestic interest—especially the non-withholding tax category—indicates a significant allocation to Australian fixed income or cash-equivalent securities. The presence of other Australian sourced income suggests exposure to Australian income-producing assets beyond pure interest instruments.

The absence of net franked and unfranked dividends implies the fund either did not hold Australian equities or did not distribute equity dividend income in this period. The zero foreign income figure suggests the portfolio’s income-generating assets were predominantly or exclusively domestic. While no commentary on portfolio positioning was provided, the distribution components align with an actively managed fund focused on Australian fixed income and income assets.

Perpetual Investment Management Limited’s Role as Issuer and Responsible Entity

Perpetual Investment Management Limited (ABN 18 000 866 535, AFSL 234426) is the issuer of the Perpetual Diversified Income Active ETF and a subsidiary of Perpetual Limited (ABN 86 000 431 827), a well-established Australian fund management and financial services group. The firm manages the fund in accordance with its Product Disclosure Statement and Target Market Determination, both available at perpetual.com.au/active-etfs.

The company notes that no entity within the Perpetual Group guarantees the fund’s performance or investors’ capital. This standard disclosure is relevant for income investors attracted to DIFF’s distribution history, as past payments do not guarantee future distributions. The fund’s income capacity will vary based on market conditions, interest rate movements, and portfolio management decisions. The immediate share price impact of this announcement was not evident from public information.

Next Steps and Important Dates for DIFF Unitholders Post-June 2026 Distribution

With the final distribution amount and DRP price confirmed for the period ending 30 June 2026, unitholders’ next key event is receiving the AMMA statement after the financial year concludes. This statement will provide authoritative tax attribution data required for income tax returns for the 2025–26 year and is expected in the weeks following 30 June 2026, per regulatory requirements for MITs.

Investors holding DIFF units through custodial platforms or wrap accounts should check with their providers on how the distribution and DRP allocations will appear in account statements. Those with direct holdings should monitor correspondence from Perpetual’s registry regarding DRP unit allocations or cash payments. Looking ahead, investors tracking DIFF’s income performance will watch for future distribution announcements and any updates to the fund’s investment strategy or composition from Perpetual Investment Management Limited.