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.
This entry was posted on Monday, December 3rd, 2007 at 1:23 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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Best & Worst Performing Issues : November, 2007
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.
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.
This entry was posted on Monday, December 3rd, 2007 at 1:23 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.