HIMIPref™ Preferred Indices: October 2003

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

HIMI Index Values 2003-10-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,368.7 1 2.00 2.99% 19.8 82M 3.00%
FixedFloater 2,113.0 8 2.00 2.95% 18.5 60M 5.29%
Floater 1,852.0 7 2.00 3.34% 18.5 88M 3.56%
OpRet 1,694.0 27 1.45 3.58% 3.7 122M 4.97%
SplitShare 1,651.1 9 1.78 3.91% 3.3 37M 5.52%
Interest-Bearing 2,066.0 9 2.00 3.56% 0.9 130M 7.55%
Perpetual-Premium 1,317.8 32 1.65 5.15% 6.3 140M 5.52%
Perpetual-Discount 1,510.6 1 2.00 5.54% 14.4 132M 5.58%

Index Constitution, 2003-10-31, Pre-rebalancing

Index Constitution, 2003-10-31, Post-rebalancing

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