The fund had just three equivalent positions: in the SPDR ® Bloomberg Barclays Short Term Corporate Bond ETF (SCPB), SPDR ® Bloomberg Barclays
Convertible Securities ETF (CWB) and iShares Select Dividend ETF (DVY).
Not exact matches
The Fund may engage in active and frequent trading of portfolio
securities to achieve its investment objective... the Fund will invest in a portfolio of
securities including: equities, debt, warrants, distressed, high - yield,
convertible, preferred, when - issued... options, total return swaps, credit default swaps, credit default indexes, currency forwards, and futures...
ETFs, ETNs and commodities.»
The fund's equity
securities may include common stocks, depositary receipts, real estate investment trusts (REITs), other investment companies, including exchange - traded funds (
ETFs), master limited partnerships (MLPs),
securities convertible into common stocks, and
securities that carry the right to buy common stocks.
The iShares Advantaged
Convertible Bond has changed its name to the
Convertible Bond Index
ETF (CVD) and now holds its
securities directly, which eliminates its former tax advantage.
The fund will invest primarily in equity
securities, which may include common stock, preferred stock,
ETFs consisting primarily of common stocks, and
securities convertible into common stock.
The selection universe for the Index (the «SelectionUniverse») includes U.S. - listed fixed income
ETFs advised by SSGA FM or its affiliates that are designed to target exposure to fixed income
securities, including U.S. and non-U.S. developed and emerging market bonds, treasury bonds, corporate bonds, high yield bonds, inflation - protected bonds, floating rate notes, first lien senior secured floating rate bank loans, U.S nonconvertible preferred stock and other preferred
securities, U.S. municipal bonds and U.S.
convertible securities.