HIMIPref™ Preferred Indices : January, 2004

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

HIMI Index Values 2004-01-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,353.1 1 2.00 2.72% 20.5 68M 2.73%
FixedFloater 2,183.0 8 2.00 2.60% 18.5 69M 5.18%
Floater 1,922.4 6 2.00 3.00% 19.2 88M 3.29%
OpRet 1,733.3 24 1.42 3.47% 3.9 121M 4.82%
SplitShare 1,708.1 10 1.90 3.78% 1.6 57M 5.63%
Interest-Bearing 2,100.2 9 2.00 4.32% 0.7 116M 7.56%
Perpetual-Premium 1,362.5 31 1.64 4.64% 4.2 144M 5.40%
Perpetual-Discount 1,569.0 0 0 0 0 0 0

Index Constitution, 2004-01-30, Pre-rebalancing

Index Constitution, 2004-01-30, Post-rebalancing

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