All indices were assigned a value of 1000.0 as of December 31, 1993.
| HIMI Index Values 2000-10-31 |
| Index |
Closing Value (Total Return) |
Issues |
Mean Credit Quality |
Median YTW |
Median DTW |
Median Daily Trading |
Mean Current Yield |
| Ratchet |
1,516.5 |
0 |
0 |
0 |
0 |
0 |
0 |
| FixedFloater |
1,922.0 |
10 |
1.89 |
6.26% |
12.2 |
189M |
5.47% |
| Floater |
1,428.1 |
4 |
1.75 |
6.34% |
11.4 |
48M |
6.98% |
| OpRet |
1,401.2 |
33 |
1.27 |
5.09% |
3.8 |
74M |
6.11% |
| SplitShare |
1,415.0 |
7 |
1.86 |
6.42% |
5.5 |
122M |
6.14% |
| Interest-Bearing |
1,557.2 |
7 |
2.00 |
7.93% |
11.0 |
161M |
8.17% |
| Perpetual-Premium |
1,114.2 |
1 |
2.00 |
5.56% |
4.2 |
1,114M |
6.18% |
| Perpetual-Discount |
1,128.8 |
12 |
1.57 |
6.03% |
13.8 |
127M |
6.18% |
Index Constitution, 2000-10-31, Pre-rebalancing
Index Constitution, 2000-10-31, Post-rebalancing
Note: The “PerpetualPremium” Index contained the issue NA.PR.J from date of issue, 2000-7-13 until 2000-11-29. This is an error; this issue is a FixedFloater. Since this was the sole issue in the “PerpetualPremium” index, the results for this index should have been reported as having a performance equal to the “PerpetualDiscount” index.
In the period 2000-7-12 to 2000-11-29, performance of relevant indices was:
- FixedFloater: +2.50%
- PerpetualPremium: +3.30%
- PerpetualDiscount: +3.42%
Indices will not be recalculated – for now! I regret the error.
