These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices.
| Issue | Index | DBRS Rating | Monthly Performance | Notes (“Now” means “February 29”) |
| PWF.PR.J | OpRet | Pfd-1(low) | -1.66% | Now with a pre-tax bid-YTW of 3.87% based on a bid of 26.01 and a call 2010-5-30 at 25.50. |
| FBS.PR.B | SplitShare | Pfd-2 | -1.31% | Asset coverage of 1.6+:1 as of February 28 according to TD Securities. Now with a pre-tax bid-YTW of 5.47% based on a bid of 9.75 and a hardMaturity 2011-12-15 at 10.00. |
| FTU.PR.A | SplitShare | Pfd-2 | -1.30% | Easy come, easy go! Performed well in January. Asset coverage of just under 1.6:1 as of February 15 according to the company. Now with a pre-tax bid-YTW of 6.42% based on a bid of 9.54 and a hardMaturity 2012-12-1 at 10.00. |
| WFS.PR.A | SplitShare | Pfd-2 | -1.07% | Asset coverage of just under 1.8:1 as of February 21 according to Mulvihill. Now with a pre-tax bid-YTW of 5.07% based on a bid of 10.15 and a hardMaturity 2011-6-30 at 10.00. |
| TOC.PR.B | Floater | Pfd-2(low) | -0.87% | |
| … | … | … | … | … |
| SLF.PR.C | PerpetualDiscount | Pfd-1(low) | +6.10% | All the SLF issues did really well in February, but this one was the best. Now with a pre-tax bid-YTW of 5.08% based on a bid of 21.90 and a limitMaturity. |
| ELF.PR.F | PerpetualDiscount | Pfd-2(low) | +5.97% | Now with a pre-tax bid-YTW of 5.97% based on a bid of 22.53 and a limitMaturity. |
| HSB.PR.C | PerpetualDiscount | Pfd-1 | +7.55% | Bouncing back from horrible performance in January. Now with a pre-tax bid-YTW of 5.31% based on a bid of 24.36 and a limitMaturity. |
| BAM.PR.G | FixFloat | Pfd-2(low) | +8.5% | |
| BNA.PR.C | SplitShare | Pfd-2(low) | +10.44% | Nice to see this issue finally catch a break! Asset coverage of 3.3+:1 as of January 31, according to the company. Now with a pre-tax bid-YTW of 6.62% based on a bid of 20.70 and a hardMaturity 2019-1-10 at 25.00. Compare with BNA.PR.A (4.25% to a call 2008-3-30 at 25.50) and BNA.PR.B (7.20% to hardMaturity 2016-3-25). |
new TD 5.6 coming out…
[…] rebound from excellent performance in February. Now with a pre-tax bid-YTW of 5.74% based on a bid of 19.53 and a […]
[…] rebound from excellent performance in February. Now with a pre-tax bid-YTW of 5.74% based on a bid of 19.53 and a […]