HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2273 % | 3,130.5 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2273 % | 5,744.3 |
Floater | 3.47 % | 3.66 % | 34,106 | 18.15 | 4 | -0.2273 % | 3,310.5 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1029 % | 3,230.2 |
SplitShare | 4.61 % | 4.69 % | 54,960 | 4.77 | 5 | -0.1029 % | 3,857.5 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1029 % | 3,009.8 |
Perpetual-Premium | 5.56 % | -2.69 % | 49,444 | 0.09 | 12 | 0.0460 % | 2,925.3 |
Perpetual-Discount | 5.43 % | 5.57 % | 56,210 | 14.58 | 22 | 0.2812 % | 3,002.9 |
FixedReset Disc | 4.17 % | 5.01 % | 145,867 | 15.50 | 42 | 0.1345 % | 2,589.3 |
Deemed-Retractible | 5.16 % | 6.02 % | 58,660 | 5.34 | 27 | 0.2371 % | 2,995.7 |
FloatingReset | 3.39 % | 4.14 % | 37,485 | 5.63 | 5 | 0.0090 % | 2,855.7 |
FixedReset Prem | 4.82 % | 4.13 % | 162,968 | 2.85 | 35 | 0.1072 % | 2,577.4 |
FixedReset Bank Non | 3.19 % | 3.76 % | 68,216 | 0.40 | 9 | 0.0181 % | 2,573.3 |
FixedReset Ins Non | 4.31 % | 5.01 % | 85,580 | 5.41 | 22 | 0.0832 % | 2,594.7 |
Performance Highlights | |||
Issue | Index | Change | Notes |
SLF.PR.A | Deemed-Retractible | 1.09 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.30 Bid-YTW : 6.92 % |
CU.PR.I | FixedReset Prem | 1.15 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-12-01 Maturity Price : 25.00 Evaluated at bid price : 26.30 Bid-YTW : 2.21 % |
W.PR.J | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-09-28 Maturity Price : 24.57 Evaluated at bid price : 24.83 Bid-YTW : 5.65 % |
W.PR.H | Perpetual-Discount | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-09-28 Maturity Price : 24.60 Evaluated at bid price : 24.85 Bid-YTW : 5.54 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
TD.PF.H | FixedReset Prem | 155,699 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.05 Bid-YTW : 3.69 % |
BMO.PR.S | FixedReset Disc | 74,012 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-09-28 Maturity Price : 22.83 Evaluated at bid price : 23.51 Bid-YTW : 4.95 % |
TD.PF.C | FixedReset Disc | 54,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-09-28 Maturity Price : 22.82 Evaluated at bid price : 23.28 Bid-YTW : 4.90 % |
RY.PR.Q | FixedReset Prem | 52,870 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-24 Maturity Price : 25.00 Evaluated at bid price : 26.36 Bid-YTW : 3.56 % |
RY.PR.M | FixedReset Disc | 50,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-09-28 Maturity Price : 23.26 Evaluated at bid price : 24.30 Bid-YTW : 4.92 % |
BMO.PR.E | FixedReset Disc | 47,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2023-11-25 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 4.83 % |
There were 13 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
IFC.PR.E | Deemed-Retractible | Quote: 23.98 – 24.53 Spot Rate : 0.5500 Average : 0.3529 YTW SCENARIO |
IFC.PR.C | FixedReset Ins Non | Quote: 23.59 – 24.03 Spot Rate : 0.4400 Average : 0.2984 YTW SCENARIO |
W.PR.K | FixedReset Prem | Quote: 25.45 – 25.84 Spot Rate : 0.3900 Average : 0.2533 YTW SCENARIO |
MFC.PR.R | FixedReset Ins Non | Quote: 25.99 – 26.25 Spot Rate : 0.2600 Average : 0.1816 YTW SCENARIO |
BAM.PR.R | FixedReset Disc | Quote: 20.85 – 21.28 Spot Rate : 0.4300 Average : 0.3563 YTW SCENARIO |
IAG.PR.I | FixedReset Ins Non | Quote: 25.15 – 25.50 Spot Rate : 0.3500 Average : 0.2805 YTW SCENARIO |
DGS.PR.A To Extend Term
Friday, September 28th, 2018Brompton Group has announced:
DGS.PR.A approved a term extension in 2011 which became official in 2013 and took effect in 2014 (these guys like to plan ahead!) with the dividend rate unchanged at 5.25%. The manager’s mandate expanded slightly in August, 2018.
DGS.PR.A is tracked by HIMIPref™ but relegated to the Scraps index on credit concerns.
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