SPDR® Bloomberg Convertible Securities ETF company info

What does SPDR® Bloomberg Convertible Securities ETF do?
The SPDR® Bloomberg Convertible Securities ETF (NYSE:CWB) focuses on tracking the investment results that correspond generally to the performance of the Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index. This ETF primarily invests in convertible securities issued by U.S. companies, which are unique financial instruments that start as bonds or preferred stock and can be converted into a predetermined number of common shares, at the holder's option. This ability allows investors the opportunity to partake in the equity upside of these companies while also receiving fixed interest payments. Operating solely on the NYSE Arca, CWB strives to offer investors a balanced blend of growth and income by capitalizing on the hybrid nature of convertible securities. The main objective of CWB is to provide access to the convertible securities market, delivering a combination of current income and capital appreciation potential to its investors.
SPDR® Bloomberg Convertible Securities ETF company media
Company Snapshot

Is SPDR® Bloomberg Convertible Securities ETF a public or private company?

key
Ownership
Public

How many people does SPDR® Bloomberg Convertible Securities ETF employ?

people
Employees
2,299

What sector is SPDR® Bloomberg Convertible Securities ETF in?

pie chart
Sector
ETF

Where is the head office for SPDR® Bloomberg Convertible Securities ETF?

location pin
Head Office
Boston, United States

What year was SPDR® Bloomberg Convertible Securities ETF founded?

founded flag
Year Founded
2009
What does SPDR® Bloomberg Convertible Securities ETF specialise in?
/Convertible Securities /Investment Fund /Portfolio Diversification /Risk Management /Asset Allocation /Equity Exposure

What are the products and/or services of SPDR® Bloomberg Convertible Securities ETF?

Overview of SPDR® Bloomberg Convertible Securities ETF offerings
Investment in convertible securities aiming to mirror the Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index performance.
Currency risk management to protect against exchange rate fluctuations.
Diversification strategy across various sectors to minimize investment risk.
Regular dividend payments to investors based on portfolio performance.
Liquidity provision enabling investors to buy or sell shares with ease.
Educational resources and tools for investors to understand convertible securities and fund operations.