HIMIPref™ Preferred Indices : July 2003

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

HIMI Index Values 2003-7-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,390.4 1 2.00 -0.09% 0.08 141M 3.31%
FixedFloater 2,080.0 8 2.00 3.38% 17.7 86M 5.31%
Floater 1,741.8 7 2.00 3.66% 17.7 76M 3.97%
OpRet 1,660.8 29 1.41 4.10% 3.9 142M 5.11%
SplitShare 1,623.4 8 1.75 3.89% 3.5 44M 5.43%
Interest-Bearing 2,010.5 9 2.00 4.88% 1.2 155M 7.72%
Perpetual-Premium 1,284.0 27 1.62 5.30% 6.6 203M 5.59%
Perpetual-Discount 1,472.6 3 2.00 5.67% 14.4 119M 5.55%

Index Constitution, 2003-07-31, Pre-rebalancing

Index Constitution, 2003-07-31, Post-rebalancing

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