VHY 0.72% $59.26 vanguard australian shares high yield etf

Can someone please give a brief summary of this ETF, or correct...

  1. 427 Posts.
    Can someone please give a brief summary of this ETF, or correct me if I'm incorrect.

    Does the price basically mirror that of it's holdings?

    Is the dividend 4 x per year?

    From what I gather it's a fairly defensive asset, with a yield of around 7-8%?

    I'm looking at purchasing a parcel of yield instruments and still interested to hear different views on each asset.
 
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Currently unlisted public company.

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