HIMIPref™ Preferred Indices : April 2006

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

HIMI Index Values 2006-04-28
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,360.6 1 2.00 3.75% 18.0 58M 3.75%
FixedFloater 2,263.1 6 2.00 3.62% 17.7 96M 5.24%
Floater 2,100.0 5 1.80 -7.15% 0.1 34M 4.38%
OpRet 1,874.6 17 1.48 3.20% 2.8 92M 4.68%
SplitShare 1,943.9 18 1.84 3.91% 2.4 50M 5.06%
Interest-Bearing 2,321.1 8 2.00 5.83% 1.2 76M 6.75%
Perpetual-Premium 1,453.9 40 1.55 4.90% 5.2 101M 5.36%
Perpetual-Discount 1,562.0 13 1.31 4.85% 15.8 548M 4.78%

Index Constitution, 2006-04-28, Pre-rebalancing

Index Constitution, 2006-04-28, Post-rebalancing

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