SPDR Bloomberg Convertible Securities ETF
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
513% more call options, than puts
Call options by funds: $92K | Put options by funds: $15K
67% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 15 (+6) [Q3]
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
3% more funds holding
Funds holding: 434 [Q2] → 446 (+12) [Q3]
2% more capital invested
Capital invested by funds: $2.15B [Q2] → $2.19B (+$45M) [Q3]
0.9% less ownership
Funds ownership: 62.52% [Q2] → 61.61% (-0.9%) [Q3]
29% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 167
Research analyst outlook
We haven’t received any recent analyst ratings for CWB.
Financial journalist opinion
Positive
Seeking Alpha
2 months ago
CWB: A Hybrid With Attractive Upside Potential
Convertible securities blend traits of bonds and stocks. They are worth considering given the way they balance growth with income. CWB's sector allocation highlights its approach of mixing income with growth.
Neutral
Business Wire
3 months ago
Caliber and Nasdaq to Host Webinar on Distressed Commercial Real Estate Assets on October 23, 2024
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #alternativeassets--Caliber will host a webinar with the Nasdaq stock exchange on “Growing Opportunities in Distressed Commercial Real Estate Assets” on Wed., Oct. 23.
Positive
Seeking Alpha
10 months ago
CWB: A Useful Tactical Allocation Instrument
SPDR® Bloomberg Convertible Securities ETF holds a portfolio of convertible securities and is well-diversified. The CWB ETF is a hybrid asset with characteristics of both equity and fixed income, and its behavior is closer to a stock index than a bond index. CWB doesn't look attractive as a long-term investment, but it is a good instrument for tactical allocation in a rotational model.
Positive
Seeking Alpha
1 year ago
CWB: Solid Convertible Bond ETF For Total Return Or A Small Cap Alternative
CWB offers investors a way to access innovative companies but with historically lower risk than small cap stock ETFs like IWM. Convertible bonds have a favorable reward/risk profile over many years, with equity-like returns alongside payment of principal built into these securities. Credit markets' future refinancing needs, the so-called maturity wall, bode well for convertible demand as an alternative to traditional bonds' higher interest expense.
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