| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 3.22 % | 3.81 % | 52,196 | 19.72 | 1 | -2.8630 % | 2,706.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7977 % | 5,083.8 |
| Floater | 3.13 % | 3.12 % | 86,085 | 19.37 | 3 | -0.7977 % | 2,929.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0233 % | 3,678.9 |
| SplitShare | 4.66 % | 4.19 % | 52,304 | 3.82 | 5 | 0.0233 % | 4,393.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0233 % | 3,427.9 |
| Perpetual-Premium | 5.15 % | 0.51 % | 44,402 | 0.09 | 28 | -0.2652 % | 3,244.1 |
| Perpetual-Discount | 4.75 % | 4.88 % | 66,426 | 15.61 | 6 | -0.3411 % | 3,813.8 |
| FixedReset Disc | 4.00 % | 4.13 % | 126,566 | 17.09 | 37 | -1.4945 % | 2,758.5 |
| Insurance Straight | 5.01 % | 4.55 % | 95,597 | 4.08 | 20 | -0.0020 % | 3,624.6 |
| FloatingReset | 2.53 % | 2.87 % | 30,461 | 20.08 | 2 | -1.1544 % | 2,779.9 |
| FixedReset Prem | 4.73 % | 4.02 % | 114,724 | 3.64 | 33 | -0.7490 % | 2,700.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.4945 % | 2,819.7 |
| FixedReset Ins Non | 4.14 % | 3.91 % | 93,406 | 17.08 | 19 | -0.5433 % | 2,914.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PR.R | FixedReset Disc | -7.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 18.59 Evaluated at bid price : 18.59 Bid-YTW : 4.93 % |
| RY.PR.J | FixedReset Disc | -4.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.59 Evaluated at bid price : 23.35 Bid-YTW : 4.25 % |
| CM.PR.O | FixedReset Disc | -4.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.54 Evaluated at bid price : 23.10 Bid-YTW : 4.05 % |
| TRP.PR.E | FixedReset Disc | -3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 20.16 Evaluated at bid price : 20.16 Bid-YTW : 4.74 % |
| BAM.PR.X | FixedReset Disc | -3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 17.48 Evaluated at bid price : 17.48 Bid-YTW : 4.67 % |
| BAM.PF.F | FixedReset Disc | -2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.36 Evaluated at bid price : 22.84 Bid-YTW : 4.69 % |
| BAM.PR.E | Ratchet | -2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 25.00 Evaluated at bid price : 19.00 Bid-YTW : 3.81 % |
| TD.PF.D | FixedReset Disc | -2.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.72 Evaluated at bid price : 23.64 Bid-YTW : 4.24 % |
| TRP.PR.A | FixedReset Disc | -2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 17.91 Evaluated at bid price : 17.91 Bid-YTW : 4.71 % |
| GWO.PR.N | FixedReset Ins Non | -2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 16.22 Evaluated at bid price : 16.22 Bid-YTW : 3.91 % |
| TD.PF.J | FixedReset Prem | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.30 Evaluated at bid price : 24.64 Bid-YTW : 4.25 % |
| TD.PF.E | FixedReset Prem | -2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.86 Evaluated at bid price : 24.00 Bid-YTW : 4.22 % |
| CM.PR.S | FixedReset Prem | -2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.08 Evaluated at bid price : 24.50 Bid-YTW : 4.02 % |
| NA.PR.S | FixedReset Disc | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.16 Evaluated at bid price : 24.20 Bid-YTW : 3.94 % |
| PWF.PR.P | FixedReset Disc | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 16.66 Evaluated at bid price : 16.66 Bid-YTW : 4.25 % |
| NA.PR.C | FixedReset Prem | -1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.52 Evaluated at bid price : 24.90 Bid-YTW : 4.88 % |
| GWO.PR.T | Insurance Straight | -1.92 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 4.60 % |
| TRP.PR.B | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 4.75 % |
| MFC.PR.N | FixedReset Ins Non | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.59 Evaluated at bid price : 23.31 Bid-YTW : 3.95 % |
| NA.PR.E | FixedReset Prem | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.15 Evaluated at bid price : 24.51 Bid-YTW : 4.14 % |
| TRP.PR.D | FixedReset Disc | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 20.63 Evaluated at bid price : 20.63 Bid-YTW : 4.68 % |
| FTS.PR.K | FixedReset Disc | -1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 4.15 % |
| IFC.PR.G | FixedReset Ins Non | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.17 Evaluated at bid price : 24.50 Bid-YTW : 4.18 % |
| CM.PR.Y | FixedReset Prem | -1.53 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.10 % |
| FTS.PR.M | FixedReset Disc | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.22 Evaluated at bid price : 22.65 Bid-YTW : 4.31 % |
| NA.PR.G | FixedReset Prem | -1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.52 Evaluated at bid price : 24.80 Bid-YTW : 4.26 % |
| BMO.PR.E | FixedReset Prem | -1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.52 Evaluated at bid price : 24.80 Bid-YTW : 4.16 % |
| RY.PR.M | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.81 Evaluated at bid price : 23.90 Bid-YTW : 3.96 % |
| TRP.PR.F | FloatingReset | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 2.87 % |
| BAM.PR.K | Floater | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 13.90 Evaluated at bid price : 13.90 Bid-YTW : 3.11 % |
| BAM.PF.A | FixedReset Prem | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.39 Evaluated at bid price : 24.40 Bid-YTW : 4.52 % |
| CM.PR.T | FixedReset Prem | -1.41 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.88 Bid-YTW : 3.90 % |
| BMO.PR.W | FixedReset Disc | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.94 Evaluated at bid price : 23.91 Bid-YTW : 3.80 % |
| FTS.PR.F | Perpetual-Premium | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.50 Evaluated at bid price : 24.75 Bid-YTW : 4.97 % |
| FTS.PR.G | FixedReset Disc | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 21.56 Evaluated at bid price : 21.95 Bid-YTW : 4.13 % |
| PWF.PR.T | FixedReset Disc | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.19 Evaluated at bid price : 23.50 Bid-YTW : 4.11 % |
| CM.PR.P | FixedReset Disc | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.95 Evaluated at bid price : 24.00 Bid-YTW : 3.83 % |
| BMO.PR.Y | FixedReset Disc | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 22.93 Evaluated at bid price : 24.10 Bid-YTW : 4.02 % |
| BIP.PR.F | FixedReset Prem | -1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2023-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 4.71 % |
| MIC.PR.A | Perpetual-Premium | -1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-03-31 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 4.69 % |
| FTS.PR.J | Perpetual-Premium | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 4.86 % |
| IFC.PR.A | FixedReset Ins Non | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 20.29 Evaluated at bid price : 20.29 Bid-YTW : 3.96 % |
| BAM.PF.E | FixedReset Disc | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 4.65 % |
| IFC.PR.E | Insurance Straight | 3.76 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.42 Bid-YTW : 5.05 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BNS.PR.H | FixedReset Prem | 311,530 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-26 Maturity Price : 25.00 Evaluated at bid price : 25.26 Bid-YTW : 1.13 % |
| BAM.PR.X | FixedReset Disc | 149,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 17.48 Evaluated at bid price : 17.48 Bid-YTW : 4.67 % |
| CM.PR.R | FixedReset Prem | 103,739 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 3.24 % |
| RY.PR.H | FixedReset Disc | 38,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 23.09 Evaluated at bid price : 24.15 Bid-YTW : 3.76 % |
| GWO.PR.F | Insurance Straight | 32,158 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-02 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 1.86 % |
| CM.PR.S | FixedReset Prem | 31,198 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-03 Maturity Price : 24.08 Evaluated at bid price : 24.50 Bid-YTW : 4.02 % |
| There were 28 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| TRP.PR.G | FixedReset Disc | Quote: 12.17 – 23.50 Spot Rate : 11.3300 Average : 8.8865 YTW SCENARIO |
| BAM.PR.E | Ratchet | Quote: 19.00 – 21.00 Spot Rate : 2.0000 Average : 1.3701 YTW SCENARIO |
| RY.PR.J | FixedReset Disc | Quote: 23.35 – 24.35 Spot Rate : 1.0000 Average : 0.6352 YTW SCENARIO |
| BAM.PR.R | FixedReset Disc | Quote: 18.59 – 19.96 Spot Rate : 1.3700 Average : 1.0143 YTW SCENARIO |
| TD.PF.D | FixedReset Disc | Quote: 23.64 – 24.75 Spot Rate : 1.1100 Average : 0.7719 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 25.50 – 26.65 Spot Rate : 1.1500 Average : 0.8280 YTW SCENARIO |
Anybody have any idea what was going on with ZPR and end of day Friday?
ZPR was at 11.33 at 3:55pm and closed at 11.23…. In between a low of 11.02 was recorded. With the 11.23 close it was down 2% on the day… but HPR was down only 0.42%and was flat between 3:45 and close.
ZPR’s NAV is $11.34 according to BMO site – a full 1% higher than the market close.
Seems very odd… any ideas what happened to ZPR?