HIMIPref™ Preferred Indices : December 2005

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

HIMI Index Values 2005-12-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,366.6 1 2.00 3.58% 18.4 46M 3.59%
FixedFloater 2,284.7 6 2.00 3.43% 2.1 89M 5.10%
Floater 2,058.5 4 2.00 -16.67% 0.1 40M 3.94%
OpRet 1,881.6 18 1.67 2.56% 3.1 87M 4.61%
SplitShare 1,950.8 14 1.93 3.30% 2.7 63M 5.03%
Interest-Bearing 2,323.4 7 2.00 4.80% 1.5 62M 6.74%
Perpetual-Premium 1,479.4 46 1.72 4.16% 4.4 121M 5.11%
Perpetual-Discount 1,632.5 0 0 0 0 0 0

Index Constitution, 2005-12-30, Pre-rebalancing

Index Constitution, 2005-12-30, Post-rebalancing

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