SPDR® Blmbg Convert Secs ETF (CWB)
70.10
-0.53
(-0.75%)
USD |
NYSEARCA |
Apr 25, 09:52
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.40% | -0.11% | 3.479B | 595091.7 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 2.01% | 7.00% | -134.68M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Convertible Liquid Bond Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | SPDR State Street Global Advisors |
| Prospectus Benchmark Index | |
| Bloomberg US Cnvt Lq Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Michael Brunell | 14.98 yrs |
| Christopher DiStefano | 8.16 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Convertible Liquid Bond Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Convertibles |
| Category Name | Convertibles |
| Category Index | ICE BofA US Convt Bonds TR USD |
| Global Category Name | Convertibles |
| YCharts Categorization | Convertibles |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Convertible Bond |
| Fund Owner Firm Name | SPDR State Street Global Advisors |
| Prospectus Benchmark Index | |
| Bloomberg US Cnvt Lq Bond TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Michael Brunell | 14.98 yrs |
| Christopher DiStefano | 8.16 yrs |