HIMIPref™ Preferred Indices : April, 2003

All indices were assigned a value of 1000.0 as of December 31, 1993.

HIMI Index Values 2003-4-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,380.6 1 2.00 -0.01% 0.08 317M 3.49%
FixedFloater 2,031.7 9 2.00 3.56% 17.1 86M 5.45%
Floater 1,705.0 7 1.85 3.90% 17.1 87M 4.22%
OpRet 1,624.6 30 1.26 3.98% 2.4 116M 5.36%
SplitShare 1,581.4 9 1.78 4.38% 3.7 50M 5.68%
Interest-Bearing 1,940.9 9 2.00 6.18% 1.4 142M 7.86%
Perpetual-Premium 1,237.7 18 1.39 5.57% 6.6 248M 5.71%
Perpetual-Discount 1,378.8 11 1.73 5.80% 14.1 114M 5.77%

Index Constitution, 2003-04-30, Pre-rebalancing

Index Constitution, 2003-04-30, Post-rebalancing

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