State Street SPDR Bloomberg Convertible Securities ETF
State Street SPDR Bloomberg Convertible Securities ETF (AMEX: CWB) is an exchange-traded fund listed on NYSE Arca, trading at $101.35 (about ₹9,736 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.4% and holds 376 securities. Indian residents can buy CWB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$100.94
Today's high
$102.04
52 week low
$85.37
52 week high
$112.02
CWB opened at $101.86, closed previously at $101.13, and has traded between $85.37 and $112.02 over the past 52 weeks.
About
The State Street SPDR Bloomberg Convertible Securities ETF aims to mirror the price and yield performance of the Bloomberg US Convertible Liquid Bond Index, before accounting for its fees and expenses. This fund provides investors with focused access to the U.S. market for convertible securities, specifically targeting those with an initial offering of at least $350 million and a minimum of $250 million still outstanding. Convertible bonds are unique debt instruments that offer holders the option to exchange them for a set number of the issuing company's common or preferred shares. The ETF's portfolio is rebalanced monthly, on the last business day.
Key statistics
Expense ratio
0.4%
Assets (AUM)
$5.6B
Holdings
376
NAV
$102.33
Avg. volume
—
1-year price change
+12.03%
5-year price change
+18.75%
Price change excludes dividends.
Top 10 holdings
CWB holds 376 securities in total. These 10 are 15.7% of the fund.
Where the money is invested
Sectors
Countries
How to buy CWB from India
Indian residents can buy CWB units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search CWB and buy
Find the fund by its ticker, CWB, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in CWB from India
Trading and taxes when buying CWB from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the CWB price today?
State Street SPDR Bloomberg Convertible Securities ETF (CWB) last traded at $101.35 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹9,736 a unit at the 29 Sep 2026 USD/INR rate.
When does CWB trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is CWB, and what does it cost to hold?
State Street SPDR Bloomberg Convertible Securities ETF manages about $5.6B. Its expense ratio is 0.4% a year, deducted inside the fund. It launched in 2009.
What are CWB's largest holdings?
The top three are ALPHABET INC (2.3%), ALPHABET INC (2.3%) and WESTERN DIGITAL CORP COMPANY GUAR 11/28 3 (1.7%). CWB's 10 largest positions make up 15.7% of the fund.
Does CWB pay dividends?
Yes. CWB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on CWB taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of CWB?
Yes. You can buy CWB by amount rather than by whole unit, and there is no minimum trade size.
How has CWB performed?
CWB's price is up 12.0% over the past year and up 18.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.