Morningstar Releases Final Tax Breakdown for International Shares Active ETF Distributions Ending June 2026

3 min read | July 09, 2026 12:03 AM AEST | By Manish Choudhary

Morningstar Releases Final Tax Breakdown for International Shares Active ETF Distributions Ending June 2026

Key Points

Issuer and ticker: Morningstar Investment Management Australia Limited (MSTR)
Final tax components for distributions for the quarter ended 30 June 2026
Total cash distribution declared: 196.257988 CPU
Investors advised to monitor tax effects and upcoming distribution updates

Detailed Distribution Tax Components for MSTR ETF

Morningstar Investment Management Australia Limited has outlined the tax components of its International Shares Active ETF, listed as MSTR on the ASX. The total cash distribution for the quarter ending 30 June 2026 was 196.257988 CPU, representing combined income and capital gain elements important for investor tax considerations.

The distribution includes assessable income components comprising 72.12% of the total, equating to 141.538168 CPU. Foreign income (net) is a key contributor, representing 41.50% or 81.454542 CPU of the distribution. Additionally, discounted capital gains from non-taxable Australian property (NTAP) accounted for 28.95%, totaling 56.810472 CPU.

Assessable Income and Tax Offset Details

Assessable income forms a major portion of the distribution, influencing investors’ tax liabilities. The net trust income after tax credit gross-ups stands at 139.447516 CPU.

The report also reveals foreign income tax offsets amounting to 1.07% of the total distribution, or 2.090652 CPU, which may reduce investors’ overall tax burden depending on their personal tax situations.

Impact of Foreign Sourced Income on Taxation

Foreign sourced income comprises 41.50% of the total distribution at 81.454542 CPU and is subject to foreign withholding tax. This withholding tax gross-up is 1.07%, or 2.090652 CPU, reflecting taxes withheld by overseas authorities. Investors should consider these factors when filing taxes and claiming foreign tax credits.

Capital Gains and Tax Considerations

Capital gains, particularly discounted gains from non-taxable Australian property (NTAP), represent 28.95% of the total distribution (56.810472 CPU). These gains are significant for calculating capital gains tax liabilities. No indexed or other capital gains were reported for this quarter.

Summary of Total Cash Distribution

The MSTR ETF’s total cash distribution for the quarter was 196.257988 CPU, encompassing all income and capital gain components. This comprehensive figure helps investors evaluate the ETF’s performance and plan for tax obligations.

Investors should leverage this data to align their investment objectives with the ETF’s returns and anticipate future tax impacts.

Investor Guidance for Upcoming Distributions

Stakeholders in the MSTR ETF are encouraged to monitor forthcoming distribution announcements and any shifts in income or capital gain composition, as these will influence tax planning and investment strategies. Understanding foreign income and capital gain implications remains crucial for effective tax management.

Given evolving global economic conditions, international equity performance may affect future distributions. Staying informed on market trends is essential for anticipating tax and investment outcomes.

About Morningstar Investment Management Australia Limited

Morningstar Investment Management Australia Limited, headquartered in Sydney, Australia, offers investment management services and products to retail and institutional clients. The company’s International Shares Active ETF provides exposure to global equities, aiming to capture growth opportunities worldwide.

Sector Risks and Market Drivers

Investors should consider sector-specific risks such as currency volatility, geopolitical events, and global economic shifts that can impact the MSTR ETF’s performance. Morningstar’s management strategy focuses on navigating these challenges to optimize investor returns.

Understanding these market dynamics is vital for informed investment decisions and risk management.

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