These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices.
| Issue | Index | DBRS Rating | Monthly Performance | Notes (“Now” means “November 30”) |
| ELF.PR.G | PerpetualDiscount | Pfd-2(low) | -14.21% | Now with a pre-tax bid-YTW of 7.16% based on a bid of 16.90 and a limitMaturity. |
| ELF.PR.F | PerpetualDiscount | Pfd-2(low) | -11.20% | Now with a pre-tax bid-YTW of 7.00% based on a bid of 19.27 and a limitMaturity. |
| BAM.PR.B | Floater | Pfd-2(low) | -10.60% | |
| BAM.PR.K | Floater | Pfd-2(low) | -9.68% | |
| BNA.PR.B | SplitShare | Pfd-2(low) | -9.59% | Asset coverage of just under 4.0:1 as of October 31, according to the company. Now with a pre-tax bid-YTW of 6.90% based on a bid of 22.00 and a hardMaturity 2016-3-25 at 25.00. |
| … | … | … | … | … |
| GWO.PR.E | OpRet | Pfd-1(low) | +3.07% | Now with a pre-tax bid-YTW of 3.74% based on a bid of 25.68 and a call 2011-4-30 at 25.00. |
| ENB.PR.A | PerpetualDiscount | Pfd-2(low) | +3.47% | Now with a pre-tax bid-YTW of 5.55% based on a bid of 24.86 and a limitMaturity. |
| PWF.PR.K | PerpetualDiscount | Pfd-1(low) | +3,83% | Now with a pre-tax bid-YTW of 5.62% based on a bid of 22.25 and a limitMaturity. |
| CL.PR.B | PerpetualPremium | Pfd-1(low) | +3.88% | Now with a pre-tax bid-YTW of 1.82% based on a bid of 25.80 and a call 2008-1-30 at 25.75. |
| BSD.PR.A | InterestBearing | Pfd-2 | +5.94% | Asset coverage of 1.6+:1 as of November 30, according to Brookfield Funds. Now with a pre-tax bid-YTW of 6.21% (mostly as interest) based on a bid of 9.88 and a hardMaturity 2015-3-31 at 10.00. |
The variance of returns was even more bizarre this month than it was in October! The underperformance of the E-L Financial issues, ELF.PR.F & ELF.PR.G is very surprising.