SPDR Bloomberg Convertible Securities ETF (CWB) Price, Holdings, & News

ETF Overview

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. The Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives. The Fund's investment advisor is SSgA Funds Management, Inc.

Key Stats

• Today's Range: $103.53 to $106.72
• 50-Day Range: $99.17 to $110.74
• 52-Week Range: $82.69 to $112.02
• Volume: 1.30 million shs
• Average Volume: 1.06 million shs
• Market Capitalization: $6.00 billion
• Assets Under Management: $6.04 billion
• Dividend Yield: 1.42%
• Net Expense Ratio: 0.40%
• Aggregate Rating: N/A

Fund Details

• Issuer: SSgA
• Fund Name: SPDR Bloomberg Convertible Securities ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:CWB
• Inception Date: 4/14/2009
• Fund Manager: Michael Brunell, Christopher DiStefano
• Previous Symbol: NYSE:CWB
• Web: www.spdrs.com
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: Bloomberg U.S. Convertible Liquid Bond Index
• Category: Corporate
• Focus: Convertibles
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 346

Fund Statistics

• Assets Under Management: $6.04 billion
• Average Daily Volume: $994.88 thousand
• Discount/Premium: -0.27%

Administrator, Advisor and Custodian

• Administrator: State Street Global Advisors Funds Management, Inc.
• Advisor: SSgA Funds Management, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: State Street Global Advisors Funds Distributors, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 2
• Put Options: 0
• Call Options: 2
• Short Interest: 1,165,901 shs

Miscellaneous

• Outstanding Shares: 57,500,000
• Beta: 0.71
• Creation Unit: 100,000
• Creation Fee: $500.00