HIMIPref™ Preferred Indices : October 2004

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

HIMI Index Values 2004-10-29
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,345.5 1 2.00 2.65% 20.7 98M 2.66%
FixedFloater 2,237.2 8 2.00 2.50% 2.0 71M 5.23%
Floater 1,972.1 6 2.00 -4.80% 0.09 51M 3.28%
OpRet 1,774.3 21 1.53 3.38% 3.6 106M 4.72%
SplitShare 1,803.6 13 1.77 4.20% 3.7 148M 5.07%
Interest-Bearing 2,197.3 9 2.00 4.24% 2.0 118M 6.82%
Perpetual-Premium 1,396.6 34 1.64 4.82% 5.5 137M 5.47%
Perpetual-Discount 1,659.4 0 0 0 0 0 0

Index Constitution, 2004-10-29, Pre-rebalancing

Index Constitution, 2004-10-29, Post-rebalancing

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