
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$29.14
+0.17%
$5.09 B
0.94%
$0.27
2.97%
-
$31.79
+0.38%
$2.40 B
1.39%
$0.44
5.83%
-
$42.22
+0.38%
$2.09 B
2.76%
$1.16
5.60%
-
$23.78
+0.13%
$1.89 B
0.16%
$0.04
4.34%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$86.08
-1.39%
$6.68 B
2.22%
$1.94
3.97%
-
$51.84
-1.24%
$291.46 M
0.91%
$0.48
5.88%
-
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to represent the market of U.S. convertible securities, such as convertible bonds and convertible preferred stock.
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.0% | 0.8% | 5.9% | 57.14% |
1 Yr | 53.4% | 7.6% | 64.4% | 22.35% |
3 Yr | 22.4%* | 5.9% | 26.6% | 34.15% |
5 Yr | 18.7%* | 7.5% | 21.2% | 32.10% |
10 Yr | 12.6%* | 6.2% | 13.6% | 23.94% |
* Annualized
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 49.2% | -4.1% | 54.0% | 2.50% |
2019 | 18.6% | 4.5% | 24.4% | 32.50% |
2018 | -7.5% | -15.4% | -2.5% | 35.06% |
2017 | 10.8% | -7.8% | 15.4% | 32.89% |
2016 | 5.5% | 0.4% | 14.2% | 48.65% |
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.0% | 0.8% | 5.9% | 57.14% |
1 Yr | 53.4% | 7.6% | 64.4% | 20.00% |
3 Yr | 22.4%* | 5.9% | 26.6% | 31.71% |
5 Yr | 18.7%* | 6.7% | 21.2% | 28.40% |
10 Yr | 12.6%* | 6.1% | 13.6% | 22.54% |
* Annualized
Period | CWB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 49.2% | -4.1% | 54.0% | 2.50% |
2019 | 18.6% | 4.5% | 24.4% | 32.50% |
2018 | -7.5% | -15.4% | 4.5% | 74.03% |
2017 | 10.8% | 1.8% | 18.4% | 60.53% |
2016 | 5.5% | 0.4% | 16.5% | 67.57% |
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Net Assets | 6.68 B | 52 M | 6.68 B | 1.18% |
Number of Holdings | 265 | 47 | 392 | 10.59% |
Net Assets in Top 10 | 1.2 B | -12 M | 1.2 B | 1.18% |
Weighting of Top 10 | 18.06% | 9.8% | 79.1% | 90.59% |
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
Convertible Bonds | 80.32% | 3.48% | 115.14% | 40.00% |
Preferred Stocks | 13.00% | 0.00% | 22.69% | 17.65% |
Stocks | 5.16% | 0.00% | 30.60% | 62.35% |
Other | 1.00% | -18.86% | 7.56% | 15.29% |
Cash | 0.52% | -0.42% | 6.05% | 61.18% |
Bonds | 0.00% | -24.80% | 51.56% | 72.94% |
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
Utilities | 81.40% | 0.00% | 100.00% | 5.13% |
Industrials | 10.88% | 0.00% | 100.00% | 51.28% |
Basic Materials | 3.97% | 0.00% | 19.83% | 19.23% |
Healthcare | 3.76% | 0.00% | 30.67% | 70.51% |
Technology | 0.00% | 0.00% | 43.84% | 75.64% |
Real Estate | 0.00% | 0.00% | 24.05% | 57.69% |
Financial Services | 0.00% | 0.00% | 96.48% | 61.54% |
Energy | 0.00% | 0.00% | 21.86% | 65.38% |
Communication Services | 0.00% | 0.00% | 100.00% | 64.10% |
Consumer Defense | 0.00% | 0.00% | 5.86% | 56.41% |
Consumer Cyclical | 0.00% | 0.00% | 18.60% | 58.97% |
Weighting | Return Low | Return High | CWB % Rank | |
---|---|---|---|---|
US | 5.16% | 0.00% | 30.38% | 62.35% |
Non US | 0.00% | 0.00% | 3.76% | 56.47% |
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.40% | 0.07% | 8.22% | 97.62% |
Management Fee | 0.40% | 0.20% | 1.42% | 9.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
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 |
CWB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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 | 41.00% | 5.00% | 242.00% | 22.35% |
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Dividend Yield | 0.85% | 0.00% | 0.85% | 1.18% |
CWB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
CWB | Category Low | Category High | CWB % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.62% | -0.63% | 9.48% | 79.76% |
CWB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount |
---|---|
Sep 08, 2020 | $0.104 |
Aug 07, 2020 | $0.063 |
Jul 07, 2020 | $0.105 |
Jun 05, 2020 | $0.090 |
May 07, 2020 | $0.082 |
Apr 07, 2020 | $0.120 |
Mar 06, 2020 | $0.085 |
Feb 07, 2020 | $0.086 |
Dec 27, 2019 | $0.707 |
Dec 06, 2019 | $0.083 |
Nov 07, 2019 | $0.084 |
Oct 07, 2019 | $0.101 |
Sep 09, 2019 | $0.085 |
Aug 07, 2019 | $0.081 |
Jul 08, 2019 | $0.112 |
Jun 07, 2019 | $0.079 |
May 07, 2019 | $0.068 |
Apr 05, 2019 | $0.124 |
Mar 07, 2019 | $0.089 |
Feb 07, 2019 | $0.071 |
Dec 26, 2018 | $1.783 |
Dec 07, 2018 | $0.088 |
Nov 07, 2018 | $0.072 |
Oct 05, 2018 | $0.128 |
Sep 10, 2018 | $0.080 |
Aug 07, 2018 | $0.082 |
Jul 09, 2018 | $0.116 |
Jun 07, 2018 | $0.095 |
May 07, 2018 | $0.091 |
Apr 06, 2018 | $0.135 |
Mar 07, 2018 | $0.137 |
Feb 07, 2018 | $0.082 |
Dec 28, 2017 | $0.751 |
Dec 11, 2017 | $0.131 |
Nov 09, 2017 | $0.093 |
Oct 10, 2017 | $0.140 |
Sep 12, 2017 | $0.202 |
Aug 09, 2017 | $0.078 |
Jul 12, 2017 | $0.146 |
Jun 09, 2017 | $0.154 |
May 09, 2017 | $0.071 |
Apr 11, 2017 | $0.153 |
Mar 09, 2017 | $0.163 |
Feb 09, 2017 | $0.070 |
Jan 06, 2017 | $0.458 |
Dec 09, 2016 | $0.267 |
Nov 09, 2016 | $0.105 |
Oct 11, 2016 | $0.174 |
Sep 12, 2016 | $0.200 |
Aug 09, 2016 | $0.119 |
Jul 12, 2016 | $0.154 |
Jun 09, 2016 | $0.125 |
May 10, 2016 | $0.071 |
Apr 11, 2016 | $0.136 |
Mar 09, 2016 | $0.186 |
Feb 09, 2016 | $0.107 |
Jan 07, 2016 | $1.001 |
Dec 09, 2015 | $0.158 |
Nov 10, 2015 | $0.079 |
Oct 09, 2015 | $0.144 |
Sep 10, 2015 | $0.118 |
Aug 11, 2015 | $0.084 |
Jul 10, 2015 | $0.108 |
Jun 09, 2015 | $0.103 |
May 11, 2015 | $0.073 |
Apr 10, 2015 | $0.106 |
Mar 10, 2015 | $0.087 |
Feb 10, 2015 | $0.073 |
Jan 07, 2015 | $1.094 |
Dec 09, 2014 | $0.087 |
Nov 12, 2014 | $0.087 |
Oct 09, 2014 | $0.115 |
Sep 10, 2014 | $0.099 |
Aug 11, 2014 | $0.083 |
Jul 10, 2014 | $0.114 |
Jun 10, 2014 | $0.094 |
May 09, 2014 | $0.089 |
Apr 09, 2014 | $0.145 |
Mar 11, 2014 | $0.075 |
Feb 11, 2014 | $0.078 |
Jan 07, 2014 | $0.483 |
Dec 10, 2013 | $0.109 |
Nov 12, 2013 | $0.083 |
Oct 09, 2013 | $0.123 |
Sep 11, 2013 | $0.127 |
Aug 09, 2013 | $0.085 |
Jul 10, 2013 | $0.100 |
Jun 11, 2013 | $0.129 |
May 09, 2013 | $0.092 |
Apr 09, 2013 | $0.107 |
Mar 11, 2013 | $0.149 |
Feb 11, 2013 | $0.124 |
Jan 07, 2013 | $0.377 |
Dec 11, 2012 | $0.126 |
Nov 09, 2012 | $0.088 |
Oct 09, 2012 | $0.121 |
Sep 12, 2012 | $0.131 |
Aug 09, 2012 | $0.072 |
Jul 11, 2012 | $0.124 |
Jun 11, 2012 | $0.107 |
May 09, 2012 | $0.089 |
Apr 11, 2012 | $0.124 |
Mar 09, 2012 | $0.134 |
Feb 09, 2012 | $0.055 |
Jan 06, 2012 | $0.139 |
Dec 09, 2011 | $0.130 |
Nov 09, 2011 | $0.086 |
Oct 11, 2011 | $0.118 |
Sep 12, 2011 | $0.139 |
Aug 09, 2011 | $0.054 |
Jul 12, 2011 | $0.114 |
Jun 09, 2011 | $0.156 |
May 10, 2011 | $0.083 |
Apr 11, 2011 | $0.128 |
Mar 09, 2011 | $0.133 |
Jan 06, 2011 | $0.247 |
Dec 09, 2010 | $0.123 |
Nov 09, 2010 | $0.141 |
Oct 12, 2010 | $0.138 |
Sep 10, 2010 | $0.129 |
Aug 10, 2010 | $0.229 |
Jul 12, 2010 | $0.128 |
Jun 09, 2010 | $0.145 |
May 11, 2010 | $0.141 |
Apr 12, 2010 | $0.125 |
Mar 09, 2010 | $0.144 |
Feb 09, 2010 | $0.072 |
Dec 09, 2009 | $0.181 |
Nov 10, 2009 | $0.189 |
Oct 09, 2009 | $0.134 |
Sep 10, 2009 | $0.190 |
Aug 11, 2009 | $0.135 |
Jul 10, 2009 | $0.113 |
Jun 09, 2009 | $0.160 |
May 11, 2009 | $0.061 |
Start Date
Tenure
Tenure Rank
Apr 14, 2009
11.72
11.7%
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.
Start Date
Tenure
Tenure Rank
Feb 03, 2016
4.91
4.9%
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.55 | 9.65 | 6.01 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...