State Street Investment ManagementConvertiblesCWB · NYSE Arca
State Street SPDR Bloomberg Convertible Securities ETF (CWB)
- Price
- $102.65
- —11 Sept 2026
- Assets
- $5.6B
- Total net assets
- Expense ratio
- 0.40%
- Category 1.07%
- Yield
- 1.53%
- Trailing distributions
- 3Y CAGR
- 16.2%-0.8%
- Category 16.9%
- 5Y CAGR
- 5.5%0.0%
- Category 5.5%
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State Street SPDR Bloomberg Convertible Securities ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
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- Maximum drawdown
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- Sharpe ratio
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- Sortino ratio
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- Beta
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- Alpha
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- R²
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- Information ratio
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- Upside capture
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- Downside capture
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- Tracking error
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Holdings
The 4 largest positions make up 5.2% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| BAPA | Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | 1.87% |
| ORCLPD | Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D | 1.18% |
| WFCPL | Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 1.15% |
| BACPL | Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 1.01% |
Sector allocation
Share of the equity the fund holds.
- Utilities81.3%
- Technology13.1%
- Industrials5.6%
- Communication services0.1%
Asset mix
- Convertibles81.5%
- Preferred shares15.5%
- Stocks2.6%
- Bonds1.1%
- Cash0.1%
Credit quality
Share of the bonds by rating.
- AAA0.5%
- A4.4%
- BBB12.0%
- BB2.1%
- B0.9%
- Below B0.1%
- Other80.1%
ETF details
- Issuer
- State Street Investment Management
- Category
- Fixed Income · Convertibles
- Ticker
- CWB
- Exchange
- NYSE Arca
- Inception
- 14 Apr 2009 (17.4 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.40% (category 1.07%)
- Holdings turnover
- 32% (category 91%)
- Distribution yield
- 1.53%
- Beta, 3 years
- 1.10
- Total net assets
- $5.6B
- Average duration
- 2.07 years
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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