Key stats
About SPDR Bloomberg Convertible Securities ETF
Expense ratio
0.40%
Home page
Inception date
Apr 14, 2009
ISIN
US78464A3591
CWB represents the US convertible securities space with a market-value-weighted and market-value-selected portfolio. The fund only selects convertible securities, such as convertible bonds and convertible preferred stock with a minimum outstanding issue of USD 250 million, and must have at least 31 days until maturity. The securities must be a non-called, non-defaulted security but may include investment grade, below investment grade or unrated securities. The index rebalances monthly.
Classification
What's in the fund
Exposure type
Corporate
Stocks6.89%
Finance4.73%
Process Industries1.19%
Producer Manufacturing0.48%
Utilities0.23%
Commercial Services0.20%
Consumer Services0.07%
Technology Services0.00%
Bonds, Cash & Other93.11%
Corporate82.03%
Miscellaneous9.80%
UNIT1.08%
Mutual fund0.20%