HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
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 | 0.0636 % | 1,417.3 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0636 % | 2,600.7 |
Floater | 5.45 % | 5.81 % | 31,817 | 14.11 | 4 | 0.0636 % | 1,498.8 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1219 % | 3,410.2 |
SplitShare | 4.93 % | 5.09 % | 68,613 | 3.90 | 7 | 0.1219 % | 4,072.6 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1219 % | 3,177.6 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4782 % | 2,931.6 |
Perpetual-Discount | 5.74 % | 5.96 % | 80,468 | 13.93 | 35 | 0.4782 % | 3,144.5 |
FixedReset Disc | 6.48 % | 5.34 % | 180,759 | 14.61 | 83 | 0.4043 % | 1,754.2 |
Deemed-Retractible | 5.45 % | 5.77 % | 90,057 | 13.97 | 27 | 0.2891 % | 3,117.7 |
FloatingReset | 5.15 % | 5.14 % | 48,691 | 15.19 | 3 | -0.3026 % | 1,728.0 |
FixedReset Prem | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4043 % | 2,426.1 |
FixedReset Bank Non | 2.01 % | 3.64 % | 160,851 | 1.64 | 2 | 0.0000 % | 2,745.1 |
FixedReset Ins Non | 6.74 % | 5.38 % | 113,083 | 14.48 | 22 | 0.0178 % | 1,766.6 |
Performance Highlights | |||
Issue | Index | Change | Notes |
PWF.PR.P | FixedReset Disc | -13.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 7.85 Evaluated at bid price : 7.85 Bid-YTW : 6.39 % |
TRP.PR.B | FixedReset Disc | -6.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 7.20 Evaluated at bid price : 7.20 Bid-YTW : 5.80 % |
BAM.PF.B | FixedReset Disc | -5.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.42 Evaluated at bid price : 13.42 Bid-YTW : 6.36 % |
IFC.PR.C | FixedReset Ins Non | -4.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.45 Evaluated at bid price : 13.45 Bid-YTW : 5.76 % |
SLF.PR.H | FixedReset Ins Non | -3.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 11.50 Evaluated at bid price : 11.50 Bid-YTW : 5.55 % |
MFC.PR.N | FixedReset Ins Non | -2.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.77 Evaluated at bid price : 13.77 Bid-YTW : 5.34 % |
BIP.PR.F | FixedReset Disc | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.67 % |
TRP.PR.E | FixedReset Disc | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 12.40 Evaluated at bid price : 12.40 Bid-YTW : 6.12 % |
TD.PF.A | FixedReset Disc | -1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 14.05 Evaluated at bid price : 14.05 Bid-YTW : 5.18 % |
IFC.PR.A | FixedReset Ins Non | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 10.91 Evaluated at bid price : 10.91 Bid-YTW : 5.33 % |
HSE.PR.C | FixedReset Disc | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 10.90 Evaluated at bid price : 10.90 Bid-YTW : 9.23 % |
HSE.PR.E | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 11.04 Evaluated at bid price : 11.04 Bid-YTW : 9.77 % |
HSE.PR.G | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 10.35 Evaluated at bid price : 10.35 Bid-YTW : 9.63 % |
CU.PR.I | FixedReset Disc | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 23.58 Evaluated at bid price : 24.30 Bid-YTW : 4.60 % |
BIP.PR.A | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 14.06 Evaluated at bid price : 14.06 Bid-YTW : 7.12 % |
BAM.PR.B | Floater | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 7.50 Evaluated at bid price : 7.50 Bid-YTW : 5.81 % |
EIT.PR.A | SplitShare | -1.02 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2024-03-14 Maturity Price : 25.00 Evaluated at bid price : 24.20 Bid-YTW : 5.71 % |
MFC.PR.O | FixedReset Ins Non | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 23.76 Evaluated at bid price : 24.25 Bid-YTW : 5.49 % |
PWF.PR.S | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 20.46 Evaluated at bid price : 20.46 Bid-YTW : 5.94 % |
CM.PR.R | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.33 Evaluated at bid price : 17.33 Bid-YTW : 5.60 % |
TD.PF.B | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 14.42 Evaluated at bid price : 14.42 Bid-YTW : 5.07 % |
MFC.PR.C | Deemed-Retractible | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.50 % |
PWF.PR.R | Perpetual-Discount | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 22.79 Evaluated at bid price : 23.08 Bid-YTW : 6.02 % |
W.PR.M | FixedReset Disc | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 23.85 Evaluated at bid price : 24.26 Bid-YTW : 5.41 % |
BAM.PR.T | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 11.45 Evaluated at bid price : 11.45 Bid-YTW : 6.16 % |
MFC.PR.G | FixedReset Ins Non | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 15.21 Evaluated at bid price : 15.21 Bid-YTW : 5.46 % |
BAM.PF.G | FixedReset Disc | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 6.16 % |
CU.PR.F | Perpetual-Discount | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 21.21 Evaluated at bid price : 21.21 Bid-YTW : 5.33 % |
BMO.PR.F | FixedReset Disc | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.08 % |
TD.PF.L | FixedReset Disc | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 5.05 % |
PWF.PR.T | FixedReset Disc | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.90 Evaluated at bid price : 13.90 Bid-YTW : 5.60 % |
BMO.PR.E | FixedReset Disc | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 16.76 Evaluated at bid price : 16.76 Bid-YTW : 5.09 % |
POW.PR.B | Perpetual-Discount | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 6.02 % |
TD.PF.M | FixedReset Disc | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 5.04 % |
CU.PR.G | Perpetual-Discount | 1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.34 % |
BNS.PR.I | FixedReset Disc | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 4.68 % |
BMO.PR.Y | FixedReset Disc | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 14.51 Evaluated at bid price : 14.51 Bid-YTW : 5.33 % |
TD.PF.I | FixedReset Disc | 1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.75 Evaluated at bid price : 17.75 Bid-YTW : 5.04 % |
MFC.PR.L | FixedReset Ins Non | 1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 5.31 % |
PWF.PR.A | Floater | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 9.06 Evaluated at bid price : 9.06 Bid-YTW : 4.77 % |
BMO.PR.B | FixedReset Disc | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 21.77 Evaluated at bid price : 22.25 Bid-YTW : 5.01 % |
CCS.PR.C | Deemed-Retractible | 2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 21.70 Evaluated at bid price : 21.95 Bid-YTW : 5.78 % |
MFC.PR.J | FixedReset Ins Non | 2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 15.49 Evaluated at bid price : 15.49 Bid-YTW : 5.25 % |
NA.PR.G | FixedReset Disc | 2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 5.51 % |
MFC.PR.I | FixedReset Ins Non | 3.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 5.27 % |
RY.PR.J | FixedReset Disc | 4.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 15.15 Evaluated at bid price : 15.15 Bid-YTW : 5.15 % |
W.PR.K | FixedReset Disc | 6.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 23.15 Evaluated at bid price : 23.85 Bid-YTW : 5.54 % |
BAM.PF.I | FixedReset Disc | 6.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 23.06 Evaluated at bid price : 23.42 Bid-YTW : 5.19 % |
BMO.PR.D | FixedReset Disc | 7.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.15 Evaluated at bid price : 17.15 Bid-YTW : 5.34 % |
GWO.PR.N | FixedReset Ins Non | 7.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 9.40 Evaluated at bid price : 9.40 Bid-YTW : 4.53 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
NA.PR.C | FixedReset Disc | 89,473 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.46 Evaluated at bid price : 17.46 Bid-YTW : 5.61 % |
BAM.PF.G | FixedReset Disc | 65,479 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 6.16 % |
TRP.PR.J | FixedReset Disc | 60,021 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 24.54 Evaluated at bid price : 24.90 Bid-YTW : 5.54 % |
NA.PR.W | FixedReset Disc | 28,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 5.41 % |
TRP.PR.E | FixedReset Disc | 27,949 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 12.40 Evaluated at bid price : 12.40 Bid-YTW : 6.12 % |
CM.PR.R | FixedReset Disc | 25,661 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-05-26 Maturity Price : 17.33 Evaluated at bid price : 17.33 Bid-YTW : 5.60 % |
There were 17 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
MFC.PR.M | FixedReset Ins Non | Quote: 14.22 – 16.17 Spot Rate : 1.9500 Average : 1.4855 YTW SCENARIO |
BAM.PF.B | FixedReset Disc | Quote: 13.42 – 14.40 Spot Rate : 0.9800 Average : 0.6559 YTW SCENARIO |
PWF.PR.P | FixedReset Disc | Quote: 7.85 – 9.26 Spot Rate : 1.4100 Average : 1.1675 YTW SCENARIO |
SLF.PR.H | FixedReset Ins Non | Quote: 11.50 – 12.17 Spot Rate : 0.6700 Average : 0.4584 YTW SCENARIO |
TRP.PR.G | FixedReset Disc | Quote: 13.16 – 14.29 Spot Rate : 1.1300 Average : 0.9520 YTW SCENARIO |
BIP.PR.A | FixedReset Disc | Quote: 14.06 – 14.53 Spot Rate : 0.4700 Average : 0.3114 YTW SCENARIO |
DF.PR.A On Review-Negative by DBRS
May 22nd, 2020DBRS has announced that it:
The NAVPU was 11.67 as of May 15, so it’s no real surprise!
Posted in Issue Comments | No Comments »