These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices.
| May 2010 | ||||
| Issue | Index | DBRS Rating | Monthly Performance | Notes (“Now” means “May 31”) |
| BAM.PR.K | Floater | Pfd-2(low) | -10.17% | |
| BAM.PR.B | Floater | Pfd-2(low) | -9.56% | |
| BAM.PR.G | FixFloat | Pfd-2(low) | -4.77% | The third-best performer in April and a regular guest on this table – as have been all Floating Rate issues throughout the Credit Crunch! Strong Pair with BAM.PR.E |
| BAM.PR.E | Ratchet | Pfd-2(low) | -3.08% | Strong Pair with BAM.PR.G |
| IAG.PR.A | Perpetual-Discount | Pfd-2(high) | -2.26% | Now with a pre-tax bid-YTW of 6.52% based on a bid of 17.66 and a limitMaturity. |
| … | … | … | … | … |
| POW.PR.A | Perpetual-Discount | Pfd-2(high) | +3.33% | Now with a pre-tax bid-TTW of 6.37% based on a bid of 22.33 and a limitMaturity. |
| POW.PR.C | Perpetual-Discount | Pfd-2(high) | +3.87% | Now with a pre-tax bid-TTW of 6.38% based on a bid of 23.07 and a limitMaturity. |
| CIU.PR.A | Perpetual-Discount | Pfd-2(high) | +4.20% | Now with a pre-tax bid-TTW of 6.06% based on a bid of 19.12 and a limitMaturity. |
| CL.PR.B | Perpetual-Discount | Pfd-1(low) | +4.36% | Now with a pre-tax bid-TTW of 6.30% based on a bid of 24.78 and a limitMaturity. |
| ELF.PR.F | Perpetual-Discount | Pfd-2(low) | +5.31% | The worst performer in April, so this is merely bounce-back. Now with a pre-tax bid-YTW of 7.01% based on a bid of 19.25 and a limitMaturity. |
There’s a crashing to earth of the Floating Rate sector!
[…] Also the worst performer in May. […]