CWBSPDR Bloomberg Barclays Convertible Securities ETF
CWB Fund Description
CWB tracks a market-cap weighted index of US convertible securities of any credit quality.
CWB Factset Analytics Insight
CWB represents the US convertible securities space with a market-value-weighted and market-value-selected portfolio. The fund only selects convertible securities, such as convertible bonds and convertible preferred stock with a minimum outstanding issue of USD 250 million, and must have at least 31 days until maturity. The securities must be a non-called, non-defaulted security but may include investment grade, below investment grade or unrated securities. The index rebalances monthly.
CWB MSCI ESG Analytics Insight
SPDR Bloomberg Barclays Convertible Securities ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.31 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR Bloomberg Barclays Convertible Securities ETF ranks in the 17th percentile within its peer group and in the 9th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CWB Summary Data
CWB Portfolio Data
CWB Index Data
CWB Portfolio Management
CWB Tax Exposures
CWB Fund Structure
CWB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CWB. CWB is rated a 5 out of 5.