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 | 0.3641 % | 2,791.4 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3641 % | 5,122.2 |
Floater | 3.11 % | 3.14 % | 55,973 | 19.38 | 3 | 0.3641 % | 2,951.9 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2352 % | 3,712.2 |
SplitShare | 4.62 % | 4.22 % | 51,437 | 3.88 | 5 | 0.2352 % | 4,433.1 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2352 % | 3,458.9 |
Perpetual-Premium | 5.08 % | -9.20 % | 53,115 | 0.09 | 32 | -0.2712 % | 3,276.2 |
Perpetual-Discount | 4.71 % | 4.59 % | 2,590,036 | 16.20 | 2 | -0.3049 % | 3,869.4 |
FixedReset Disc | 3.82 % | 3.75 % | 107,467 | 17.11 | 40 | 0.2339 % | 2,906.1 |
Insurance Straight | 4.91 % | 2.92 % | 76,686 | 0.09 | 20 | -0.1669 % | 3,699.5 |
FloatingReset | 2.55 % | 2.82 % | 24,492 | 20.18 | 2 | -0.7660 % | 2,839.2 |
FixedReset Prem | 4.69 % | 2.83 % | 126,369 | 1.95 | 31 | -0.0637 % | 2,762.4 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2339 % | 2,970.6 |
FixedReset Ins Non | 4.05 % | 3.71 % | 95,952 | 17.23 | 19 | -0.1818 % | 2,975.7 |
Performance Highlights | |||
Issue | Index | Change | Notes |
SLF.PR.G | FixedReset Ins Non | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 17.56 Evaluated at bid price : 17.56 Bid-YTW : 3.71 % |
TRP.PR.A | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 4.27 % |
MFC.PR.Q | FixedReset Ins Non | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 23.75 Evaluated at bid price : 25.18 Bid-YTW : 3.87 % |
SLF.PR.J | FloatingReset | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 16.80 Evaluated at bid price : 16.80 Bid-YTW : 2.29 % |
TRP.PR.E | FixedReset Disc | 1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 21.46 Evaluated at bid price : 21.81 Bid-YTW : 4.23 % |
FTS.PR.K | FixedReset Disc | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 21.59 Evaluated at bid price : 22.00 Bid-YTW : 3.95 % |
BAM.PR.T | FixedReset Disc | 2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 20.88 Evaluated at bid price : 20.88 Bid-YTW : 4.41 % |
TRP.PR.D | FixedReset Disc | 4.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 21.66 Evaluated at bid price : 22.10 Bid-YTW : 4.22 % |
PWF.PR.P | FixedReset Disc | 8.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 3.82 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
RY.PR.Z | FixedReset Disc | 77,010 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 23.19 Evaluated at bid price : 24.33 Bid-YTW : 3.58 % |
TD.PF.H | FixedReset Prem | 54,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-11-30 Maturity Price : 25.00 Evaluated at bid price : 24.99 Bid-YTW : 4.49 % |
TD.PF.L | FixedReset Prem | 40,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-04-30 Maturity Price : 25.00 Evaluated at bid price : 26.54 Bid-YTW : 2.63 % |
BAM.PR.C | Floater | 39,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 13.75 Evaluated at bid price : 13.75 Bid-YTW : 3.14 % |
RS.PR.A | SplitShare | 31,597 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-12-31 Maturity Price : 10.00 Evaluated at bid price : 10.80 Bid-YTW : 3.30 % |
BMO.PR.T | FixedReset Disc | 28,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-25 Maturity Price : 23.19 Evaluated at bid price : 24.43 Bid-YTW : 3.63 % |
There were 12 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
SLF.PR.J | FloatingReset | Quote: 16.80 – 17.95 Spot Rate : 1.1500 Average : 0.7159 YTW SCENARIO |
MFC.PR.Q | FixedReset Ins Non | Quote: 25.18 – 25.72 Spot Rate : 0.5400 Average : 0.3868 YTW SCENARIO |
RY.PR.N | Perpetual-Premium | Quote: 25.96 – 26.69 Spot Rate : 0.7300 Average : 0.5983 YTW SCENARIO |
GWO.PR.T | Insurance Straight | Quote: 26.30 – 26.75 Spot Rate : 0.4500 Average : 0.3449 YTW SCENARIO |
MFC.PR.M | FixedReset Ins Non | Quote: 24.23 – 24.54 Spot Rate : 0.3100 Average : 0.2145 YTW SCENARIO |
SLF.PR.D | Insurance Straight | Quote: 25.03 – 25.43 Spot Rate : 0.4000 Average : 0.3046 YTW SCENARIO |
DF.PR.A To Get Bigger
October 25th, 2021Quadravest has announced:
So Whole Units are offered at 16.55 and the NAVPU on 2021-10-22 was 15.79. A 4.8% premium isn’t bad business!
Update, 2021-10-26: They have further announced:
Posted in Issue Comments | 2 Comments »