SPDR Bloomberg Convertible Securities ETF (CWB)

NYSEARCA: CWB · IEX Real-Time Price · USD
66.33
-0.67 (-1.00%)
Dec 5, 2022 4:00 PM EST - Market closed
-1%
Assets $4.35B
NAV $67.09
Expense Ratio 0.40%
PE Ratio n/a
Shares Out 64.90M
Dividend (ttm) $1.72
Dividend Yield 2.60%
Ex-Dividend Date Dec 19, 2022
1-Year Return -20.03%
Volume 818,942
Open 66.75
Previous Close 67.00
Day's Range 66.33 - 67.10
52-Week Low 62.22
52-Week High 84.87
Beta 0.81
Holdings 297
Inception Date Apr 14, 2009

About CWB

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.

Asset Class Fixed Income
Sector Bonds
Region Global
Stock Exchange NYSEARCA
Ticker Symbol CWB
Issuer Website SPDR
Index Tracked Barclays U.S. Convertible Bond > $500MM

Top 10 Holdings

13.65% of assets
Name Symbol Weight
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%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
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
Full Dividend History

News

Convertibles Offer Yields of 10% and More. There Are Risks.

Convertibles are bond/stock hybrids that can offer a combination of the downside protection of bonds and the upside potential of stocks.

1 week ago - Barrons

Is 60/40 Rule Useless in 2022? 4 High-Yielding ETFs to Play

The 60/40 portfolio fails to impress investors this year. Hence, investors might like these high-yielding options.

Other symbols: PSPSCHDSNLN
2 months ago - Zacks Investment Research

Fed Hikes Rates by 0.75%: ETFs to Win

The latest Fed meeting came across as hawkish. The Federal Reserve raised interest rates by 75 bps.

Other symbols: FLOTKBESPYD
4 months ago - Zacks Investment Research

ETFs to Buy on Latest Fed Rate Hike and More Hereafter

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.

Other symbols: FLOTSPYDSPYV
9 months ago - Zacks Investment Research

ETFs to Buy on Likely March Rate Hike And More Thereafter

The latest Fed meeting came across as hawkish. These ETF plays could be beneficial to fight rising rate worries.

Other symbols: HYHGKBESPYV
10 months ago - Zacks Investment Research

ETFs to Buy on Likely March Rate Hike With More in the Cards

The Fed is highly likely to hike rates in its March meeting as the central bank seeks to combat the sky-high inflation. More Fed rate hikes are in the cards.

Other symbols: CORPFLOTHYHGKBESPYV
11 months ago - Zacks Investment Research

How to Future-Proof Your Fixed Income Allocation

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...

Other symbols: JNKSPHYSPMBSPSB
1 year ago - ETF Trends

Long Term but Tactical Aware: A Better Approach to Your 60/40 Allocation

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?

Other symbols: SPHYSPMB
1 year ago - ETF Trends

ETFs to Play the Fed Rate Hike Buzz

The Fed held interest rates steady at a near-zero level in its latest June meeting, but raised the rate hike expectations.

Other symbols: CORPFLOTIWMKBESPYV
1 year ago - Zacks Investment Research

Fed Rate Hike in the Cards? ETFs to Buy

Let's take a look at some ETFs for current income and likely capital appreciation as the Fed officials project sooner-than-expected interest rate hikes.

Other symbols: CORPFLOTIWMKBESPYV
1 year ago - Zacks Investment Research

Fed Bumps Up Economic Growth Forecasts: ETFs to Play

As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting.

Other symbols: CORPFLOTIWMKBESPYV
1 year ago - Zacks Investment Research

5 ETFs to Buy as Fed Maintains Bond Buying

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.

Other symbols: CORPIWMKBEONLN
2 years ago - Zacks Investment Research

Is This the Time to Buy High-Yielding ETFs?

With yields so low, certain risk-on sentiments can probably be exercised even with the bond investing. High-dividend paying equity ETFs are too great options.

Other symbols: BNDDIVHYGPSP
2 years ago - Zacks Investment Research

A Good Time to Call? Why Convertibles Are Attracting More Converts

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...

2 years ago - ETF Trends

No Rate Hike Until 2023: Here's How to Play With ETFs

As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting.

Other symbols: IWMUSMVVIGVYM
2 years ago - Zacks Investment Research

Happy With Soaring Nasdaq? Convertible Bond ETF Beat It Lately

The volume of convertible bond sales has reached its highest levels since 2007 this year.

Other symbols: BONDFCVTICVTSPYTLT
2 years ago - Zacks Investment Research

The 7 Best, And Worst, Bonds To Buy Right Now

It’s best to avoid bonds when your central bank is printing money like crazy.

Other symbols: FLOTHYGMUB
2 years ago - Forbes

5 ETFs to Buy as Fed Holds Rates Steady at Near Zero

As widely expected, the Fed held interest rates steady at near-zero level in its latest meeting.

Other symbols: CORPVIGVPUVYM
2 years ago - Zacks Investment Research

Is 60/40 Rule Obsolete Now? 5 High-Yielding ETFs to Play

Extremely low yields from the government bonds dulled the appeal for the fixed-income investing.

Other symbols: JNKPSPSCHDVMBS
2 years ago - Zacks Investment Research

Convertible Bond ETFs: A Pandemic Winner

The volume of convertible bond sales has reached its highest levels since 2007 this year.

Other symbols: BONDFCVTICVTSPY
2 years ago - Zacks Investment Research

Convert to a Different Bond Idea With Convertibles

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...

2 years ago - ETF Trends

Proven Canadian Dividend Stocks Worth Investing In

Dividend growth investing has the potential to deliver reliable streams of income, with the added benefit of tax efficiency.

Other symbols: BNSCAECMKEYRBARYSAP
3 years ago - Benzinga

Convertible Bond ETF Plays for an Extended Bull Market

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.

Other symbols: FCVTICVT
3 years ago - ETF Trends

7 of the Best SPDR ETFs — Besides SPY and GLD

SPDR ETFs span an array of asset classes, including stocks, bond, commodities and real estate, among others. Here are 7 of the best ETFs to buy from SPDR.

Other symbols: DWXGLDMKBESDYSPEMXBI
3 years ago - InvestorPlace

A Bond ETF With An Equity Feel

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.

4 years ago - Benzinga