HIMIPref™ Preferred Indices : September 2003

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

HIMI Index Values 2003-9-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,376.9 1 2.00 2.40% 0.08 86M 3.19%
FixedFloater 2,095.6 8 2.00 3.18% 17.8 60M 5.30%
Floater 1,839.7 7 2.00 3.30% 18.3 98M 3.57%
OpRet 1,687.9 27 1.44 3.57% 3.8 130M 4.96%
SplitShare 1,632.7 9 1.78 3.63% 2.2 39M 5.57%
Interest-Bearing 2,052.3 9 2.00 4.37% 1.0 154M 7.60%
Perpetual-Premium 1,306.4 29 1.62 5.23% 6.5 172M 5.54%
Perpetual-Discount 1,498.3 3 2.00 5.52% 14.5 129M 5.62%

Index Constitution, 2003-09-30, Pre-rebalancing

Index Constitution, 2003-09-30, Post-rebalancing

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