Category: HIMI Preferred Indices

HIMI Preferred Indices

HIMIPref™ Preferred Indices : October 2006

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

HIMI Index Values 2006-10-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,350.2 1 2.00 4.14% 17.2 57M 4.13%
FixedFloater 2,335.6 7 2.00 4.00% 3.8 88M 5.00%
Floater 2,165.0 5 1.80 -18.42% 0.1 51M 4.52%
OpRet 1,920.6 18 1.34 2.76% 2.4 73M 4.68%
SplitShare 1,988.0 12 1.84 3.87% 2.9 96M 5.03%
Interest-Bearing 2,376.7 7 2.00 5.02% 0.7 41M 6.88%
Perpetual-Premium 1,533.7 48 1.33 4.27% 5.4 119M 5.09%
Perpetual-Discount 1,621.3 7 1.29 4.63% 16.1 393M 4.60%
HIMI Index Changes, October 31, 2006
Issue From To Because
AL.PR.F Floater Scraps Volume
PWF.PR.D Scraps OpRet Volume
TDS.PR.B SplitShare Scraps Volume
FTU.PR.A SplitShare Scraps Volume

There were the following intra-month changes:

HIMI Index Changes during October 2006
Issue Action Index Because
SLF.PR.D Add PerpetualDiscount New Issue
RY.PR.S Delete PerpetualPremium Redemption
ELF.PR.G Add PerpetualPremium New Issue
LBS.PR.A Add SplitShare New Issue
BCE.PR.T Add Scraps Exchange

Index Constitution, 2006-10-31, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : September 2006

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

HIMI Index Values 2006-09-29
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,354.5 1 2.00 4.38% 16.7 50M 4.37%
FixedFloater 2,311.1 7 2.00 3.98% 4.2 65M 5.00%
Floater 2,162.0 6 2.00 -22.44% 0.1 44M 4.50%
OpRet 1,916.0 17 1.48 2.84% 2.4 74M 4.67%
SplitShare 1,973.3 13 1.85 3.72% 2.9 47M 4.97%
Interest-Bearing 2,375.6 7 2.00 4.72% 0.8 34M 6.88%
Perpetual-Premium 1,518.7 48 1.50 4.35% 5.4 115M 5.15%
Perpetual-Discount 1,632.4 6 1.33 4.55% 16.3 332M 4.58%
HIMI Index Changes, September 29, 2006
Issue From To Because
AL.PR.F Scraps Floater Volume
BAM.PR.G Scraps FixFloat Volume
CL.PR.B Scraps PerpetualPremium Volume
MIC.PR.A PerpetualPremium Scraps Volume
PWF.PR.A Scraps Floater Volume
PAY.PR.A SplitShare Scraps Volume
FTU.PR.A Scraps SplitShare Volume

There were the following intra-month changes:

HIMI Index Changes during September 2006
Issue Action Index Because
FTS.PR.F Add Scraps New Issue

Index Constitution, 2006-09-29, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : August 2006

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

HIMI Index Values 2006-08-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,320.8 1 2.00 4.41% 16.7 38M 4.39%
FixedFloater 2,274.1 6 2.00 4.17% 16.6 82M 4.97%
Floater 2,143.4 4 2.00 -22.71% 0.1 61M 4.64%
OpRet 1,896.6 17 1.48 3.12% 2.5 75M 4.70%
SplitShare 1,961.8 13 1.77 3.88% 3.0 48M 5.01%
Interest-Bearing 2,368.1 7 2.00 4.96% 0.9 42M 6.82%
Perpetual-Premium 1,502.9 48 1.50 4.50% 5.5 112M 5.16%
Perpetual-Discount 1,621.6 6 1.34 4.61% 16.3 387M 4.61%
HIMI Index Changes, July 31, 2006
Issue From To Because
AL.PR.F Floater Scraps Volume
CL.PR.B PerpetualPremium Scraps Volume
CM.PR.H PerpetualDiscount PerpetualPremium Price
CAC.PR.A Scraps SplitShare Volume
MFC.PR.B PerpetualDiscount PerpetualPremium Price
PWF.PR.D OpRet Scraps Volume
PWF.PR.K PerpetualDiscount PerpetualPremium Price
RY.PR.B PerpetualDiscount PerpetualPremium Price
GWO.PR.H PerpetualDiscount PerpetualPremium Price
SXT.PR.A SplitShare Scraps Volume
SLF.PR.A PerpetualDiscount PerpetualPremium Price
SLF.PR.B PerpetualDiscount PerpetualPremium Price
FTU.PR.A SplitShare Scraps Volume

There were the following intra-month changes:

HIMI Index Changes during August 2006
Issue Action Index Because
BC.PR.C Code Change FixFloat Term Change
PWF.PR.L Added PerpetualDiscount Issued

Index Constitution, 2006-08-31, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : July 2006

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

HIMI Index Values 2006-07-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,349.1 1 2.00 4.29% 16.9 25M 4.28%
FixedFloater 2,289.1 6 2.00 4.05% 16.8 108M 5.09%
Floater 2,132.3 5 2.00 -16.67% 0.1 50M 4.60%
OpRet 1,876.7 18 1.45 3.27% 2.7 64M 4.74%
SplitShare 1,957.2 14 1.86 3.91% 3.1 61M 5.02%
Interest-Bearing 2,351.2 7 2.00 5.34% 0.9 48M 6.86%
Perpetual-Premium 1,485.1 41 1.56 4.65% 3.9 106M 5.30%
Perpetual-Discount 1,582.6 13 1.23 4.81% 15.8 366M 4.77%
HIMI Index Changes, July 31, 2006
Issue From To Because
AL.PR.F Scraps Floater Volume
BNA.PR.B SplitShare Scraps Volume
CAC.PR.A SplitShare Scraps Volume
CVF.PR.A SplitShare Scraps Volume
PWF.PR.A Floater Scraps Volume
PWF.PR.K PerpetualPremium PerpetualDiscount Price
FIG.PR.A InterestBearing Scraps Volume

There were the following intra-month changes:

HIMI Index Changes during July 2006
Issue Action Index Because
RY.PR.B Added PerpetualDiscount Issued

Index Constitution, 2006-07-31, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : June 2006

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

HIMI Index Values 2006-06-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,365.9 1 2.00 4.38% 16.7 34M 4.38%
FixedFloater 2,285.0 6 2.00 4.10% 1.7 100M 5.05%
Floater 2,124.2 5 2.00 -9.46% 0.1 52M 4.55%
OpRet 1,886.2 18 1.45 3.36% 2.7 79M 4.70%
SplitShare 1,950.0 17 1.83 4.01% 3.1 42M 5.08%
Interest-Bearing 2,329.2 8 2.00 5.30% 1.0 55M 6.83%
Perpetual-Premium 1,476.4 42 1.55 4.69% 4.7 109M 5.31%
Perpetual-Discount 1,576.8 11 1.27 4.82% 15.8 460M 4.77%
HIMI Index Changes, June 30, 2006
Issue From To Because
MUH.PR.A SplitShare Scraps Volume
PWF.PR.A Scraps Floater Volume
NA.PR.L PerpetualDiscount PerpetualPremium Price

There were the following intra-month changes:

HIMI Index Changes during June 2006
Issue Action Index Because
AIT.PR.A Deleted Scraps Redeemed
DBC.PR.A Added Scraps Issued

Index Constitution, 2006-06-30, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : May 2006

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

HIMI Index Values 2006-05-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,368.7 1 2.00 4.06% 17.4 43M 4.05%
FixedFloater 2,280.6 6 2.00 3.92% 16.8 74M 5.05%
Floater 2,117.1 4 2.00 -16.67% 0.1 42M 4.64%
OpRet 1,887.0 18 1.45 3.13% 2.7 87M 4.68%
SplitShare 1,949.8 18 1.83 3.71% 3.2 51M 5.07%
Interest-Bearing 2,304.1 8 2.00 6.14% 3.0 69M 6.82%
Perpetual-Premium 1,468.8 41 1.54 4.76% 5.1 111M 5.31%
Perpetual-Discount 1,573.4 13 1.33 4.82% 15.9 435M 4.77%

Index Constitution, 2006-05-31, Pre-rebalancing

Index Constitution, 2006-05-31, Post-rebalancing

HIMI Preferred Indices

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

HIMI Preferred Indices

HIMIPref™ Preferred Indices : March 2006

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

HIMI Index Values 2006-03-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,358.5 1 2.00 3.81% 17.9 58M 3.81%
FixedFloater 2,296.0 6 2.00 3.28% 1.9 114M 5.13%
Floater 2,086.7 4 2.00 -14.01% 0.1 41M 4.30%
OpRet 1,894.2 18 1.56 2.43% 2.9 80M 4.63%
SplitShare 1,965.3 18 1.84 3.29% 2.2 53M 4.99%
Interest-Bearing 2,327.4 8 2.00 4.65% 1.3 50M 6.74%
Perpetual-Premium 1,487.8 47 1.64 4.35% 5.6 111M 5.15%
Perpetual-Discount 1,622.5 3 1.34 4.55% 16.3 860M 4.55%

Index Constitution, 2006-03-31, Pre-rebalancing

Index Constitution, 2006-03-31, Post-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : February 2006

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

HIMI Index Values 2006-02-28
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,354.7 1 2.00 3.61% 18.3 59M 3.62%
FixedFloater 2,283.5 6 2.00 3.31% 17.6 92M 5.14%
Floater 2,076.1 4 2.00 -20.15% 0.1 38M 4.11%
OpRet 1,885.2 18 1.56 2.76% 2.9 84M 4.62%
SplitShare 1,949.0 16 1.94 3.52% 2.6 60M 5.06%
Interest-Bearing 2,316.6 8 2.00 5.26% 1.3 53M 6.68%
Perpetual-Premium 1,482.0 47 1.64 4.40% 5.8 113M 5.14%
Perpetual-Discount 1,613.3 3 1.34 4.54% 16.4 1,229M 4.57%

Index Constitution, 2006-02-28, Pre-rebalancing

HIMI Preferred Indices

HIMIPref™ Preferred Indices : January 2006

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

HIMI Index Values 2006-01-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,355.8 1 2.00 3.47% 18.6 39M 3.48%
FixedFloater 2,289.0 6 2.00 3.18% 18.2 77M 5.12%
Floater 2,063.9 4 2.00 -22.71% 0.1 37M 4.12%
OpRet 1,882.3 18 1.67 2.66% 3.0 87M 4.62%
SplitShare 1,939.7 15 1.93 3.43% 2.6 51M 5.12%
Interest-Bearing 2,323.3 7 2.00 4.87% 1.4 65M 6.74%
Perpetual-Premium 1,479.5 47 1.70 4.31% 5.7 114M 5.13%
Perpetual-Discount 1,607.1 2 1.00 4.58% 16.2 1,897M 4.56%

Index Constitution, 2006-01-31, Pre-rebalancing

Index Constitution, 2006-01-31, Post-rebalancing