HIMIPref™ Preferred Indices : March 2006

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

HIMI Index Values 2006-03-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,358.5 1 2.00 3.81% 17.9 58M 3.81%
FixedFloater 2,296.0 6 2.00 3.28% 1.9 114M 5.13%
Floater 2,086.7 4 2.00 -14.01% 0.1 41M 4.30%
OpRet 1,894.2 18 1.56 2.43% 2.9 80M 4.63%
SplitShare 1,965.3 18 1.84 3.29% 2.2 53M 4.99%
Interest-Bearing 2,327.4 8 2.00 4.65% 1.3 50M 6.74%
Perpetual-Premium 1,487.8 47 1.64 4.35% 5.6 111M 5.15%
Perpetual-Discount 1,622.5 3 1.34 4.55% 16.3 860M 4.55%

Index Constitution, 2006-03-31, Pre-rebalancing

Index Constitution, 2006-03-31, Post-rebalancing

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