CWB

State Street SPDR Bloomberg Convertible Securities ETF

$101.48

-1.69 (-1.64%)

AUM $5.68B

Expense Ratio 0.40%

NAV $103.28

Holdings 361

Asset Class Fixed Income

Inception 04/14/2009

Provider SPDR

Top Holdings

1 WFC-PL WELLS FARGO + COMPANY 1.19% 2 BAC-PL BANK OF AMERICA CORP 1.00% 3 SOMN SOUTHERN CO 0.50% 4 BRKRP BRUKER CORP 0.27% 5 PPLC PPL CORPORATION 0.26% 6 NOVTU NOVANTA INC 0.19% 7 STRK STRATEGY INC 0.17% 8 WOLF WOLFSPEED INC 0.13% 9 VSECU VSE CORP 0.13% 10 APO-PA APOLLO GLOBAL MANAGEMENT 0.00%

Fund Description

The State Street SPDR Bloomberg Convertible Securities ETF aims to mirror the price and yield performance of the Bloomberg US Convertible Liquid Bond Index, before accounting for its fees and expenses. This fund provides investors with focused access to the U.S. market for convertible securities, specifically targeting those with an initial offering of at least $350 million and a minimum of $250 million still outstanding. Convertible bonds are unique debt instruments that offer holders the option to exchange them for a set number of the issuing company's common or preferred shares. The ETF's portfolio is rebalanced monthly, on the last business day.