HIMIPref™ Preferred Indices : October 2005

All indices were assigned a value of 1000.0 as of December 31, 1993.

HIMI Index Values 2005-10-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,357.9 1 2.00 3.09% 19.5 56M 3.11%
FixedFloater 2,271.7 7 2.00 2.98% 2.1 59M 5.37%
Floater 2,022.2 4 2.00 -16.67% 0.1 48M 3.78%
OpRet 1,867.5 19 1.64 2.68% 3.2 93M 4.62%
SplitShare 1,906.3 14 1.86 3.61% 3.7 56M 5.11%
Interest-Bearing 2,283.7 9 2.00 5.24% 1.6 74M 6.60%
Perpetual-Premium 1,429.3 35 1.77 4.80% 5.3 88M 5.37%
Perpetual-Discount 1,557.6 5 1.56 4.90% 15.6 744M 4.89%

Index Constitution, 2005-10-31, Pre-rebalancing

Index Constitution, 2005-10-31, Post-rebalancing

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