SPDR® Bloomberg Convertible Securities ETF
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.5%
1 yr return
6.6%
3 Yr Avg Return
-4.7%
5 Yr Avg Return
8.3%
Net Assets
$3.69 B
Holdings in Top 10
16.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CWB - Profile
Distributions
- YTD Total Return -2.5%
- 3 Yr Annualized Total Return -4.7%
- 5 Yr Annualized Total Return 8.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.93%
- Dividend Yield 2.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSPDR® Bloomberg Convertible Securities ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateApr 16, 2009
-
Shares Outstanding59400000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Brunell
Fund Description
CWB - Performance
Return Ranking - Trailing
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -6.2% | 2.6% | 90.24% |
1 Yr | 6.6% | -13.6% | 9.1% | 18.29% |
3 Yr | -4.7%* | -18.9% | -0.2% | 61.73% |
5 Yr | 8.3%* | -7.2% | 10.8% | 41.56% |
10 Yr | 8.2%* | -1.4% | 9.7% | 16.39% |
* Annualized
Return Ranking - Calendar
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -7.7% | 13.1% | 5.95% |
2022 | -22.4% | -37.8% | -9.7% | 60.24% |
2021 | 0.2% | -18.9% | 2.4% | 8.43% |
2020 | 49.2% | 5.8% | 54.0% | 2.53% |
2019 | 18.6% | 9.9% | 24.4% | 31.65% |
Total Return Ranking - Trailing
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -6.2% | 2.6% | 90.24% |
1 Yr | 6.6% | -13.6% | 9.1% | 18.29% |
3 Yr | -4.7%* | -18.9% | -0.2% | 61.73% |
5 Yr | 8.3%* | -7.2% | 10.8% | 41.56% |
10 Yr | 8.2%* | -1.4% | 9.7% | 16.39% |
* Annualized
Total Return Ranking - Calendar
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.5% | -7.7% | 15.3% | 2.38% |
2022 | -20.8% | -37.8% | -9.7% | 67.47% |
2021 | 2.2% | -12.2% | 11.3% | 69.88% |
2020 | 53.4% | 5.8% | 64.4% | 22.78% |
2019 | 22.4% | 12.2% | 28.7% | 62.03% |
CWB - Holdings
Concentration Analysis
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Net Assets | 3.69 B | 17.5 M | 3.69 B | 1.16% |
Number of Holdings | 285 | 40 | 381 | 3.49% |
Net Assets in Top 10 | 622 M | 4.72 M | 669 M | 5.81% |
Weighting of Top 10 | 16.90% | 9.5% | 50.5% | 97.67% |
Top 10 Holdings
- State Street Navigator Securities Lending Government Money Market Portfolio 4.19%
- Palo Alto Networks Inc 2.58%
- Wells Fargo Co 2.13%
- Bank of America Corp 1.71%
- Royal Caribbean Cruises Ltd 1.37%
- Ford Motor Co 1.03%
- MongoDB Inc 1.01%
- Rivian Automotive Inc 0.98%
- Western Digital Corp 0.95%
- Rivian Automotive Inc 0.94%
Asset Allocation
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
Bonds | 92.68% | 0.00% | 141.12% | 16.28% |
Convertible Bonds | 78.96% | 33.22% | 110.54% | 52.33% |
Preferred Stocks | 6.82% | 0.00% | 22.50% | 33.72% |
Cash | 4.58% | -78.94% | 18.48% | 31.40% |
Stocks | 0.06% | 0.00% | 23.09% | 67.44% |
Other | 0.00% | -17.11% | 0.97% | 47.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
Utilities | 92.20% | 0.00% | 100.00% | 16.88% |
Industrials | 3.71% | 0.00% | 23.08% | 45.45% |
Healthcare | 2.56% | 0.00% | 20.31% | 53.25% |
Communication Services | 1.54% | 0.00% | 100.00% | 14.29% |
Technology | 0.00% | 0.00% | 23.73% | 62.34% |
Real Estate | 0.00% | 0.00% | 27.87% | 54.55% |
Financial Services | 0.00% | 0.00% | 20.48% | 58.44% |
Energy | 0.00% | 0.00% | 40.56% | 59.74% |
Consumer Defense | 0.00% | 0.00% | 25.78% | 54.55% |
Consumer Cyclical | 0.00% | 0.00% | 24.79% | 59.74% |
Basic Materials | 0.00% | 0.00% | 24.08% | 49.35% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
US | 0.06% | 0.00% | 22.42% | 67.44% |
Non US | 0.00% | 0.00% | 1.55% | 45.35% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
Corporate | 99.76% | 91.11% | 100.00% | 17.44% |
Cash & Equivalents | 4.58% | 0.00% | 18.32% | 32.56% |
Government | 0.20% | 0.00% | 2.94% | 6.98% |
Derivative | 0.00% | -0.03% | 0.32% | 32.56% |
Securitized | 0.00% | 0.00% | 0.00% | 39.53% |
Municipal | 0.00% | 0.00% | 0.00% | 39.53% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
US | 92.68% | 0.00% | 141.12% | 12.79% |
Non US | 0.00% | 0.00% | 19.91% | 53.49% |
CWB - Expenses
Operational Fees
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.40% | 0.20% | 3.16% | 98.84% |
Management Fee | 0.40% | 0.20% | 1.23% | 2.35% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 30.00% | 154.00% | 1.32% |
CWB - Distributions
Dividend Yield Analysis
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Dividend Yield | 2.15% | 0.00% | 12.43% | 51.16% |
Dividend Distribution Analysis
CWB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.93% | -3.72% | 10.32% | 89.41% |
Capital Gain Distribution Analysis
CWB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 05, 2024 | $0.100 | OrdinaryDividend |
Mar 07, 2024 | $0.126 | OrdinaryDividend |
Feb 07, 2024 | $0.090 | OrdinaryDividend |
Dec 22, 2023 | $0.211 | OrdinaryDividend |
Dec 07, 2023 | $0.130 | OrdinaryDividend |
Nov 07, 2023 | $0.117 | OrdinaryDividend |
Oct 06, 2023 | $0.121 | OrdinaryDividend |
Sep 08, 2023 | $0.160 | OrdinaryDividend |
Aug 07, 2023 | $0.080 | OrdinaryDividend |
Jul 10, 2023 | $0.087 | OrdinaryDividend |
Jun 07, 2023 | $0.140 | OrdinaryDividend |
May 05, 2023 | $0.048 | OrdinaryDividend |
Apr 10, 2023 | $0.110 | OrdinaryDividend |
Mar 07, 2023 | $0.154 | OrdinaryDividend |
Feb 07, 2023 | $0.064 | OrdinaryDividend |
Dec 23, 2022 | $0.357 | OrdinaryDividend |
Dec 07, 2022 | $0.168 | OrdinaryDividend |
Nov 07, 2022 | $0.060 | OrdinaryDividend |
Oct 07, 2022 | $0.093 | OrdinaryDividend |
Sep 08, 2022 | $0.144 | OrdinaryDividend |
Aug 05, 2022 | $0.049 | OrdinaryDividend |
Jul 08, 2022 | $0.090 | OrdinaryDividend |
Jun 07, 2022 | $0.130 | OrdinaryDividend |
May 06, 2022 | $0.050 | OrdinaryDividend |
Apr 07, 2022 | $0.103 | OrdinaryDividend |
Mar 07, 2022 | $0.134 | OrdinaryDividend |
Feb 07, 2022 | $0.044 | OrdinaryDividend |
Dec 23, 2021 | $0.658 | OrdinaryDividend |
Dec 07, 2021 | $0.139 | OrdinaryDividend |
Nov 05, 2021 | $0.045 | OrdinaryDividend |
Oct 07, 2021 | $0.090 | OrdinaryDividend |
Sep 08, 2021 | $0.134 | OrdinaryDividend |
Aug 06, 2021 | $0.043 | OrdinaryDividend |
Jul 08, 2021 | $0.092 | OrdinaryDividend |
Jun 07, 2021 | $0.125 | OrdinaryDividend |
May 07, 2021 | $0.045 | OrdinaryDividend |
Apr 08, 2021 | $0.094 | OrdinaryDividend |
Mar 05, 2021 | $0.122 | OrdinaryDividend |
Feb 05, 2021 | $0.044 | OrdinaryDividend |
Dec 24, 2020 | $0.922 | OrdinaryDividend |
Dec 07, 2020 | $0.125 | OrdinaryDividend |
Nov 06, 2020 | $0.048 | OrdinaryDividend |
Oct 07, 2020 | $0.108 | OrdinaryDividend |
Sep 08, 2020 | $0.104 | OrdinaryDividend |
Aug 07, 2020 | $0.063 | OrdinaryDividend |
Jul 07, 2020 | $0.105 | OrdinaryDividend |
Jun 05, 2020 | $0.090 | OrdinaryDividend |
May 07, 2020 | $0.082 | OrdinaryDividend |
Apr 07, 2020 | $0.120 | OrdinaryDividend |
Mar 06, 2020 | $0.085 | OrdinaryDividend |
Feb 07, 2020 | $0.086 | OrdinaryDividend |
Dec 27, 2019 | $0.707 | OrdinaryDividend |
Dec 06, 2019 | $0.083 | OrdinaryDividend |
Nov 07, 2019 | $0.084 | OrdinaryDividend |
Oct 07, 2019 | $0.101 | OrdinaryDividend |
Sep 09, 2019 | $0.085 | OrdinaryDividend |
Aug 07, 2019 | $0.081 | OrdinaryDividend |
Jul 08, 2019 | $0.112 | OrdinaryDividend |
Jun 07, 2019 | $0.079 | OrdinaryDividend |
May 07, 2019 | $0.068 | OrdinaryDividend |
Apr 05, 2019 | $0.124 | OrdinaryDividend |
Mar 07, 2019 | $0.089 | OrdinaryDividend |
Feb 07, 2019 | $0.071 | OrdinaryDividend |
Dec 26, 2018 | $1.783 | OrdinaryDividend |
Dec 07, 2018 | $0.088 | OrdinaryDividend |
Nov 07, 2018 | $0.072 | OrdinaryDividend |
Oct 05, 2018 | $0.128 | OrdinaryDividend |
Sep 10, 2018 | $0.080 | OrdinaryDividend |
Aug 07, 2018 | $0.082 | OrdinaryDividend |
Jul 09, 2018 | $0.116 | OrdinaryDividend |
Jun 07, 2018 | $0.095 | OrdinaryDividend |
May 07, 2018 | $0.091 | OrdinaryDividend |
Apr 06, 2018 | $0.135 | OrdinaryDividend |
Mar 07, 2018 | $0.137 | OrdinaryDividend |
Feb 07, 2018 | $0.082 | OrdinaryDividend |
Dec 28, 2017 | $0.751 | OrdinaryDividend |
Dec 11, 2017 | $0.131 | OrdinaryDividend |
Nov 09, 2017 | $0.093 | OrdinaryDividend |
Oct 10, 2017 | $0.140 | OrdinaryDividend |
Sep 12, 2017 | $0.202 | OrdinaryDividend |
Aug 09, 2017 | $0.078 | OrdinaryDividend |
Jul 12, 2017 | $0.146 | OrdinaryDividend |
Jun 09, 2017 | $0.154 | OrdinaryDividend |
May 09, 2017 | $0.071 | OrdinaryDividend |
Apr 11, 2017 | $0.153 | OrdinaryDividend |
Mar 09, 2017 | $0.163 | OrdinaryDividend |
Feb 09, 2017 | $0.070 | OrdinaryDividend |
Jan 06, 2017 | $0.458 | OrdinaryDividend |
Dec 09, 2016 | $0.267 | OrdinaryDividend |
Nov 09, 2016 | $0.105 | OrdinaryDividend |
Oct 11, 2016 | $0.174 | OrdinaryDividend |
Sep 12, 2016 | $0.200 | OrdinaryDividend |
Aug 09, 2016 | $0.119 | OrdinaryDividend |
Jul 12, 2016 | $0.154 | OrdinaryDividend |
Jun 09, 2016 | $0.125 | OrdinaryDividend |
May 10, 2016 | $0.071 | OrdinaryDividend |
Apr 11, 2016 | $0.136 | OrdinaryDividend |
Mar 09, 2016 | $0.186 | OrdinaryDividend |
Feb 09, 2016 | $0.107 | OrdinaryDividend |
Jan 07, 2016 | $1.001 | OrdinaryDividend |
Dec 09, 2015 | $0.158 | OrdinaryDividend |
Nov 10, 2015 | $0.079 | OrdinaryDividend |
Oct 09, 2015 | $0.144 | OrdinaryDividend |
Sep 10, 2015 | $0.118 | OrdinaryDividend |
Aug 11, 2015 | $0.084 | OrdinaryDividend |
Jul 10, 2015 | $0.108 | OrdinaryDividend |
Jun 09, 2015 | $0.103 | OrdinaryDividend |
May 11, 2015 | $0.073 | OrdinaryDividend |
Apr 10, 2015 | $0.106 | OrdinaryDividend |
Mar 10, 2015 | $0.087 | OrdinaryDividend |
Feb 10, 2015 | $0.073 | OrdinaryDividend |
Jan 07, 2015 | $1.094 | OrdinaryDividend |
Dec 09, 2014 | $0.087 | OrdinaryDividend |
Nov 12, 2014 | $0.087 | OrdinaryDividend |
Oct 09, 2014 | $0.115 | OrdinaryDividend |
Sep 10, 2014 | $0.099 | OrdinaryDividend |
Aug 11, 2014 | $0.083 | OrdinaryDividend |
Jul 10, 2014 | $0.114 | OrdinaryDividend |
Jun 10, 2014 | $0.094 | OrdinaryDividend |
May 09, 2014 | $0.089 | OrdinaryDividend |
Apr 09, 2014 | $0.145 | OrdinaryDividend |
Mar 11, 2014 | $0.075 | OrdinaryDividend |
Feb 11, 2014 | $0.078 | OrdinaryDividend |
Jan 07, 2014 | $0.483 | OrdinaryDividend |
Dec 10, 2013 | $0.109 | OrdinaryDividend |
Nov 12, 2013 | $0.083 | OrdinaryDividend |
Oct 09, 2013 | $0.123 | OrdinaryDividend |
Sep 11, 2013 | $0.127 | OrdinaryDividend |
Aug 09, 2013 | $0.085 | OrdinaryDividend |
Jul 10, 2013 | $0.100 | OrdinaryDividend |
Jun 11, 2013 | $0.129 | OrdinaryDividend |
May 09, 2013 | $0.092 | OrdinaryDividend |
Apr 09, 2013 | $0.107 | OrdinaryDividend |
Mar 11, 2013 | $0.149 | OrdinaryDividend |
Feb 11, 2013 | $0.124 | OrdinaryDividend |
Jan 07, 2013 | $0.377 | OrdinaryDividend |
Dec 11, 2012 | $0.126 | OrdinaryDividend |
Nov 09, 2012 | $0.088 | OrdinaryDividend |
Oct 09, 2012 | $0.121 | OrdinaryDividend |
Sep 12, 2012 | $0.131 | OrdinaryDividend |
Aug 09, 2012 | $0.072 | OrdinaryDividend |
Jul 11, 2012 | $0.124 | OrdinaryDividend |
Jun 11, 2012 | $0.107 | OrdinaryDividend |
May 09, 2012 | $0.089 | OrdinaryDividend |
Apr 11, 2012 | $0.124 | OrdinaryDividend |
Mar 09, 2012 | $0.134 | OrdinaryDividend |
Feb 09, 2012 | $0.055 | OrdinaryDividend |
Jan 06, 2012 | $0.139 | OrdinaryDividend |
Dec 09, 2011 | $0.130 | OrdinaryDividend |
Nov 09, 2011 | $0.086 | OrdinaryDividend |
Oct 11, 2011 | $0.118 | OrdinaryDividend |
Sep 12, 2011 | $0.139 | OrdinaryDividend |
Aug 09, 2011 | $0.054 | OrdinaryDividend |
Jul 12, 2011 | $0.114 | OrdinaryDividend |
Jun 09, 2011 | $0.156 | OrdinaryDividend |
May 10, 2011 | $0.083 | OrdinaryDividend |
Apr 11, 2011 | $0.128 | OrdinaryDividend |
Mar 09, 2011 | $0.133 | OrdinaryDividend |
Jan 06, 2011 | $0.247 | OrdinaryDividend |
Dec 09, 2010 | $0.123 | OrdinaryDividend |
Nov 09, 2010 | $0.141 | OrdinaryDividend |
Oct 12, 2010 | $0.138 | OrdinaryDividend |
Sep 10, 2010 | $0.129 | OrdinaryDividend |
Aug 10, 2010 | $0.229 | OrdinaryDividend |
Jul 12, 2010 | $0.128 | OrdinaryDividend |
Jun 09, 2010 | $0.145 | OrdinaryDividend |
May 11, 2010 | $0.141 | OrdinaryDividend |
Apr 12, 2010 | $0.125 | OrdinaryDividend |
Mar 09, 2010 | $0.144 | OrdinaryDividend |
Feb 09, 2010 | $0.072 | OrdinaryDividend |
Dec 09, 2009 | $0.181 | OrdinaryDividend |
Nov 10, 2009 | $0.189 | OrdinaryDividend |
Oct 09, 2009 | $0.134 | OrdinaryDividend |
Sep 10, 2009 | $0.190 | OrdinaryDividend |
Aug 11, 2009 | $0.135 | OrdinaryDividend |
Jul 10, 2009 | $0.113 | OrdinaryDividend |
Jun 09, 2009 | $0.160 | OrdinaryDividend |
May 11, 2009 | $0.061 | OrdinaryDividend |
CWB - Fund Manager Analysis
Managers
Michael Brunell
Start Date
Tenure
Tenure Rank
Apr 14, 2009
13.14
13.1%
Mike Brunell, CFA, is a Vice President of SSGA and has been a member of the Fixed Income portfolio management team since 2004. In his current role as part of the Beta Solutions Group, he is responsible for developing and managing various funds and ETFs against a variety of conventional and custom bond index strategies. Previously, Mr. Brunell was responsible for managing the U.S. Bond Operations group which he had been a member of since 1997. He started his career in the investment management field when he joined the Mutual Fund Custody division of State Street in 1993. In this role he focused on the accounting and the valuation of various domestic and international equity and bond portfolios. Mr. Brunell earned a BS in Business Administration from Saint Michael's College and a MSF degree from Boston College. Additionally he earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute and the Boston Securities Analyst Society.
Christopher DiStefano
Start Date
Tenure
Tenure Rank
Feb 03, 2016
6.33
6.3%
Christopher DiStefano is a Vice President of SSGA and a Portfolio Manager in the Fixed Income Beta Solutions Group within the Fixed Income, Cash and Currency Team. He joined the firm in 2010 and is responsible for managing several funds and ETFs within the investment-grade credit, government/credit, and short duration sectors. Prior to his current role, Mr. DiStefano was a member of the Global Graduate Rotational Program at SSGA, a two year cross-functional program engineered to provide candidates with a diverse skill set and a broad perspective. Previously, Mr. DiStefano worked as an engineer within the real estate development and transportation industries. Mr. DiStefano holds a Master of Business Administration from the Carroll School of Management at Boston College, and a Master of Science and Bachelor of Science in Civil Engineering from the University of Illinois and Union College, respectively.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 36.97 | 10.12 | 7.42 |