SPDR Bloomberg Convertible Securities ETF (CWB)
|Ex-Dividend Date||Dec 19, 2022|
|Day's Range||66.33 - 67.10|
|Inception Date||Apr 14, 2009|
The SPDR Bloomberg Convertible Securities ETF (CWB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-cap weighted index of US convertible securities of any credit quality. CWB was launched on Apr 14, 2009 and is managed by SPDR.
Top 10 Holdings13.65% of assets
|Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-||WFC 7.5 PERP L||2.18%|
|Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-||BAC 7.25 PERP L||1.72%|
|Palo Alto Networks Inc 0.375%||PANW 0.375 06.01.25||1.59%|
|Palo Alto Networks Inc 0.75%||PANW 0.75 07.01.23||1.52%|
|NextEra Energy Inc Unit||NEE 5.279 03.01.23||1.20%|
|Pioneer Natural Resources Company 0.25%||PXD 0.25 05.15.25||1.14%|
|2020 Cash Mandatory Exchangeable Trust 0%||CSHZZ||1.12%|
|Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B||DHR 5 04.15.23 B||1.10%|
|Ford Motor Company 0%||F 0 03.15.26||1.06%|
|Pg&E||PCG 5.5 08.16.23||1.02%|
|Dec 1, 2022||$0.16792||Dec 7, 2022|
|Nov 1, 2022||$0.05957||Nov 7, 2022|
|Oct 3, 2022||$0.093||Oct 7, 2022|
|Sep 1, 2022||$0.14395||Sep 8, 2022|
|Aug 1, 2022||$0.04884||Aug 5, 2022|
|Jul 1, 2022||$0.09021||Jul 8, 2022|
Convertibles are bond/stock hybrids that can offer a combination of the downside protection of bonds and the upside potential of stocks.
The 60/40 portfolio fails to impress investors this year. Hence, investors might like these high-yielding options.
The latest Fed meeting held on Mar 16 came across as hawkish as the Fed hiked rates by 25 bps and eyes several more hikes this year.
The latest Fed meeting came across as hawkish. These ETF plays could be beneficial to fight rising rate worries.
Fixed income investors had an easy time over the past three decades, but with the current environment of higher inflation and an increasing rate outlook, the traditional bond portfolio will have to adap...
With interest rates low, many investors are shifting their allocations every more towards equities at all-time highs. But are you really considering the long-term impacts of this approach?
As widely expected, the Fed held interest rates steady at near-zero level in its latest meeting and maintained bond buying. However, the Fed beefed up growth projections for the U.S. economy.
With yields on safer fixed income assets paltry and equities forecast to continue rising, convertible bonds and the SPDR Barclays Convertible Securities ETF (NYSEArca: CWB) are valid ideas for income. C...
As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting.
As widely expected, the Fed held interest rates steady at near-zero level in its latest meeting.
Extremely low yields from the government bonds dulled the appeal for the fixed-income investing.
Convertible bonds aren’t often viewed as high-yield destinations, but the SPDR Barclays Convertible Securities ETF (NYSEArca: CWB) – the largest ETF in the category – yields north of 3% and is currently...
Convertible bond ETFs could be one answer for investors whom are concerned about the extended bull equity run and the pressure for high-yield bonds.
Investors looking for bonds that often feel like stocks can consider convertible bonds, which are easily accessible via the SPDR Bloomberg Barclays Convertible Securities ETF.