HIMIPref™ Preferred Indices : June 2003

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

HIMI Index Values 2003-6-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,381.2 1 2.00 -0.01% 0.08 182M 3.51%
FixedFloater 2,061.5 8 2.00 3.64% 16.9 125M 5.33%
Floater 1,722.9 7 1.85 3.93% 17.2 103M 4.20%
OpRet 1,672.6 29 1.24 3.71% 3.9 139M 5.06%
SplitShare 1,642.3 8 1.75 1.29% 0.8 54M 5.36%
Interest-Bearing 2,007.6 9 2.00 4.58% 1.2 146M 7.73%
Perpetual-Premium 1,292.2 27 1.52 5.09% 6.4 214M 5.55%
Perpetual-Discount 1,460.9 4 1.75 5.37% 14.8 284M 5.50%

Index Constitution, 2003-06-30, Pre-rebalancing

Index Constitution, 2003-06-30, Post-rebalancing

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