Latest Distributions News

Gowing Bros’ FY2026 loss widened to $3.49 million as Surf Hardware International remained deeply loss-making and investment properties were marked down by $3.0 million. The ASX-listed investment company kept its fully franked final dividend at 3 cents per share, despite negative operating cash flow and lower cash reserves.

Coolabah Active Global Bond Fund delivered net returns of up to 6.20% in the year to 30 June 2026, ahead of its global bond benchmark. The fund also added an ASX-traded ETF class shortly before year-end, while using repurchase agreements and derivatives as part of its strategy.

Macquarie Global Small Companies Fund reported a A$561,000 operating profit in its first financial period after launching three unit classes in June. The fund ended the period with A$11.757 million in net assets, although its short start-up period offers little basis for judging full-year performance.

Macquarie Global Yield Maximiser Fund delivered a 48.6% increase in operating profit and more than doubled net assets to A$340.7 million in the year to 30 June 2026. The expansion came alongside sharply higher distributions, although the portfolio’s larger exposure to debt securities leaves interest rates and credit spreads central to the next phase.

Macquarie Subordinated Debt Fund (ASX:MQS) reported a sharp increase in operating profit and assets for the year ended 30 June 2026, powered by the expansion of its active ETF class. The audited accounts also show the fund’s returns remain closely exposed to interest rates, credit spreads and debt-market valuations.

Macquarie Core Australian Equity Active ETF more than doubled its net assets to $1.138 billion in the year to 30 June 2026, powered by $676.067 million of new applications. Profit rose 50% to $33.876 million, while distributions increased to 30.93 cents per unit.

Walter Scott Global Equity Fund’s operating profit fell to A$4.1 million in 2026 from A$349.5 million, while net assets dropped by about A$1.1 billion. The audited report points to weaker investment gains and substantial redemptions, although the fund remained fully invested in quoted equities and received an unmodified audit opinion.

Macquarie Income Opportunities Fund reported a sharp decline in operating profit for 2026 as fair-value gains weakened, despite growth in net assets and distributions. The audited fund ended the year with A$3.033 billion attributable to unitholders and an unqualified audit opinion.

Macquarie Core Global Equity Fund (ASX:MQE) reported a sharp rise in FY2026 operating profit as net assets more than tripled and the portfolio expanded. The result reflects both substantial new applications and investment gains, rather than investment performance alone.

Benjamin Hornigold Limited (ASX:BHD) delivered a 9.93% portfolio return in FY2026 but still posted a $420,931 loss after $565,697 in legal fees. Two settlements worth $2.6 million were received after year-end, while an $8.97 million judgment against JB Markets was assigned no value.

Atlas Arteria has warned that France may more than double the tax rate applied to eligible toll-road operators, with APRR’s 2025 TEILD bill already reaching €126.7 million. The proposed changes remain subject to parliamentary debate and could be softened before becoming law.

Cyprium Metals says its long-delayed Nifty Copper Complex is entering the final commissioning phase, with first copper cathode production expected in the December quarter of 2026. The restart is backed by A$121 million in equity raisings, a refinanced US$27.3 million loan facility and A$68.5 million in cash at year-end.