CWB - SPDR Bloomberg Barclays Convertible Securities ETF
|Ex-Dividend Date||Apr 1, 2021|
|Trading Day||April 20|
|Day's Range||83.54 - 85.18|
|52-Week Range||49.23 - 92.73|
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays 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.
|Asset Class |
|Inception Date |
Apr 14, 2009
|Ticker Symbol |
|Index Tracked |
Barclays U.S. Convertible Bond > $500MM Index
Top 10 Holdings13.27% of assets
|WELLS FARGO & COMPANY 7.5 12/31/2049||WFC 7.5 PERP L||1.71%|
|BROADCOM INC 8 12/31/2049||AVGO 8 09/30/22 A||1.71%|
|TESLA INC 2 05/15/2024||TSLA 2 05/15/24||1.64%|
|SEA LTD 1 12/01/2024||SEALTD 1 12/01/24||1.38%|
|BANK OF AMERICA CORP 7.25 12/31/2049||BAC 7.25 PERP L||1.35%|
|SOUTHWEST AIRLINES CO 1.25 05/01/2025||LUV 1.25 05/01/25||1.29%|
|TESLA INC 2.375 03/15/2022||TSLA 2.375 03/15/22||1.11%|
|SNAP INC 0.75 08/01/2026||SNAP 0.75 08/01/26||1.09%|
|SEA LTD 2.375 12/01/2025||SEALTD 2.375 12/01/25 144A||1.04%|
|SQUARE INC 0.5 05/15/2023||SQ 0.5 05/15/23||0.96%|
|Apr 1, 2021||$0.094||Apr 8, 2021|
|Mar 1, 2021||$0.122||Mar 5, 2021|
|Feb 1, 2021||$0.0438||Feb 5, 2021|
|Dec 18, 2020||$0.922||Dec 24, 2020|
|Dec 16, 2020||$0.29||Jan 7, 2021|
|Dec 1, 2020||$0.1247||Dec 7, 2020|
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.