State Street SPDR Bloomberg Convertible Securities ETF (CWB)
ETF overview
The State Street SPDR Bloomberg Convertible Securities ETF aims to mirror the price and yield performance of the Bloomberg US Convertible Liquid Bond Index, before accounting for its fees and expenses. This fund provides investors with focused access to the U.S. market for convertible securities, specifically targeting those with an initial offering of at least $350 million and a minimum of $250 million still outstanding. Convertible bonds are unique debt instruments that offer holders the option to exchange them for a set number of the issuing company's common or preferred shares. The ETF's portfolio is rebalanced monthly, on the last business day.
Fund facts
- Expense ratio
- 0.40%
- Fund assets
- 5.28B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Apr 14, 2009
- Number of holdings
- 363
Breakdown
Holdings (363)
| Name | Ticker | Weight |
|---|---|---|
| ALPHABET INC | GOOGM | 2.46% |
| ALPHABET INC | GOOGN | 2.43% |
| BOEING CO/THE | 1.72% | |
| ALIBABA GROUP HOLDING SR UNSECURED 06/31 0.5 | 1.63% | |
| LUMENTUM HOLDINGS INC SR UNSECURED 03/32 0.375 | 1.51% | |
| HP ENTERPRISE CO | 1.15% | |
| SUPER MICRO COMPUTER INC | SMCIP | 1.15% |
| WELLS FARGO + COMPANY | WFC-PL | 1.12% |
| ORACLE CORP | 1.08% | |
| MODERNA INC SR UNSECURED 144A 03/32 0.0000 | 1.04% | |
| and 350 more | ||
Similar ETFs
- iShares Convertible Bond ETFICVT · Overlap 80% · Expense ratio 0.20%
- State Street SPDR FTSE Global Convertible Bond CHF Hedged UCITS ETF (Acc)GCVC.SW · Overlap 45% · Expense ratio 0.55%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
State Street SPDR Bloomberg Convertible Securities ETF (CWB)
- Expense ratio
- 0.40%
- Fund assets
- 5.28B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Apr 14, 2009
- Number of holdings
- 363
| Name | Ticker | Weight |
|---|---|---|
| ALPHABET INC | GOOGM | 2.46% |
| ALPHABET INC | GOOGN | 2.43% |
| BOEING CO/THE | 1.72% | |
| ALIBABA GROUP HOLDING SR UNSECURED 06/31 0.5 | 1.63% | |
| LUMENTUM HOLDINGS INC SR UNSECURED 03/32 0.375 | 1.51% | |
| HP ENTERPRISE CO | 1.15% | |
| SUPER MICRO COMPUTER INC | SMCIP | 1.15% |
| WELLS FARGO + COMPANY | WFC-PL | 1.12% |
| ORACLE CORP | 1.08% | |
| MODERNA INC SR UNSECURED 144A 03/32 0.0000 | 1.04% | |
| and 350 more | ||
The State Street SPDR Bloomberg Convertible Securities ETF aims to mirror the price and yield performance of the Bloomberg US Convertible Liquid Bond Index, before accounting for its fees and expenses. This fund provides investors with focused access to the U.S. market for convertible securities, specifically targeting those with an initial offering of at least $350 million and a minimum of $250 million still outstanding. Convertible bonds are unique debt instruments that offer holders the option to exchange them for a set number of the issuing company's common or preferred shares. The ETF's portfolio is rebalanced monthly, on the last business day.
- iShares Convertible Bond ETFICVT · Overlap 80% · Expense ratio 0.20%
- State Street SPDR FTSE Global Convertible Bond CHF Hedged UCITS ETF (Acc)GCVC.SW · Overlap 45% · Expense ratio 0.55%
Overlap is the share of assets the two funds hold in common.
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