| 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 | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4158 % | 2,301.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4158 % | 4,414.6 |
| Floater | 8.70 % | 8.88 % | 43,530 | 10.41 | 2 | -0.4158 % | 2,544.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -2.3536 % | 3,248.4 |
| SplitShare | 5.23 % | 7.66 % | 41,978 | 2.81 | 8 | -2.3536 % | 3,879.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -2.3536 % | 3,026.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0759 % | 2,572.5 |
| Perpetual-Discount | 6.62 % | 6.77 % | 81,941 | 12.82 | 34 | -0.0759 % | 2,805.1 |
| FixedReset Disc | 5.56 % | 7.77 % | 92,953 | 11.93 | 63 | -0.5101 % | 2,168.1 |
| Insurance Straight | 6.53 % | 6.74 % | 85,111 | 12.81 | 18 | -0.1962 % | 2,756.9 |
| FloatingReset | 9.18 % | 8.95 % | 43,716 | 10.35 | 2 | 0.5767 % | 2,547.8 |
| FixedReset Prem | 6.69 % | 6.46 % | 401,737 | 4.20 | 1 | 0.0000 % | 2,356.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5101 % | 2,216.3 |
| FixedReset Ins Non | 5.49 % | 7.78 % | 45,294 | 12.07 | 14 | -1.1905 % | 2,287.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BMO.PR.Y | FixedReset Disc | -5.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.88 Evaluated at bid price : 16.88 Bid-YTW : 8.15 % |
| PVS.PR.H | SplitShare | -4.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 21.25 Bid-YTW : 9.00 % |
| RY.PR.M | FixedReset Disc | -4.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.10 Evaluated at bid price : 17.10 Bid-YTW : 7.87 % |
| PVS.PR.G | SplitShare | -3.13 % | YTW SCENARIO Maturity Type : Option Certainty Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 22.75 Bid-YTW : 8.06 % |
| TRP.PR.C | FixedReset Disc | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 11.65 Evaluated at bid price : 11.65 Bid-YTW : 9.06 % |
| MIC.PR.A | Perpetual-Discount | -2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 7.53 % |
| BMO.PR.E | FixedReset Disc | -2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 21.09 Evaluated at bid price : 21.09 Bid-YTW : 7.12 % |
| BAM.PR.T | FixedReset Disc | -2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 14.50 Evaluated at bid price : 14.50 Bid-YTW : 8.88 % |
| BAM.PR.R | FixedReset Disc | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 9.26 % |
| MFC.PR.M | FixedReset Ins Non | -2.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 7.84 % |
| BIP.PR.E | FixedReset Disc | -1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 7.77 % |
| BIP.PR.A | FixedReset Disc | -1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.63 Evaluated at bid price : 16.63 Bid-YTW : 9.65 % |
| NA.PR.S | FixedReset Disc | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.96 Evaluated at bid price : 16.96 Bid-YTW : 8.30 % |
| BAM.PR.B | Floater | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 11.95 Evaluated at bid price : 11.95 Bid-YTW : 8.92 % |
| MFC.PR.L | FixedReset Ins Non | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 8.20 % |
| TD.PF.L | FixedReset Disc | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 22.49 Evaluated at bid price : 22.90 Bid-YTW : 7.15 % |
| POW.PR.D | Perpetual-Discount | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 18.76 Evaluated at bid price : 18.76 Bid-YTW : 6.77 % |
| BAM.PF.A | FixedReset Disc | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 19.11 Evaluated at bid price : 19.11 Bid-YTW : 8.26 % |
| PVS.PR.J | SplitShare | -1.46 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 21.65 Bid-YTW : 7.52 % |
| TD.PF.M | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 23.12 Evaluated at bid price : 23.51 Bid-YTW : 7.21 % |
| IFC.PR.G | FixedReset Ins Non | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 19.37 Evaluated at bid price : 19.37 Bid-YTW : 7.72 % |
| BAM.PR.X | FixedReset Disc | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 8.04 % |
| FTS.PR.G | FixedReset Disc | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.05 Evaluated at bid price : 17.05 Bid-YTW : 8.03 % |
| CM.PR.T | FixedReset Disc | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 22.27 Evaluated at bid price : 22.66 Bid-YTW : 7.25 % |
| MFC.PR.K | FixedReset Ins Non | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.74 % |
| GWO.PR.Y | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 6.67 % |
| BIP.PR.B | FixedReset Disc | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 22.33 Evaluated at bid price : 22.85 Bid-YTW : 8.13 % |
| PWF.PR.T | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 7.84 % |
| TD.PF.E | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 18.96 Evaluated at bid price : 18.96 Bid-YTW : 7.49 % |
| RY.PR.S | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 20.53 Evaluated at bid price : 20.53 Bid-YTW : 6.94 % |
| SLF.PR.J | FloatingReset | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 15.75 Evaluated at bid price : 15.75 Bid-YTW : 8.95 % |
| FTS.PR.K | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.20 Evaluated at bid price : 16.20 Bid-YTW : 8.20 % |
| MFC.PR.J | FixedReset Ins Non | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 20.13 Evaluated at bid price : 20.13 Bid-YTW : 7.42 % |
| TD.PF.D | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 18.76 Evaluated at bid price : 18.76 Bid-YTW : 7.54 % |
| POW.PR.G | Perpetual-Discount | 2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 6.79 % |
| FTS.PR.H | FixedReset Disc | 2.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 12.35 Evaluated at bid price : 12.35 Bid-YTW : 8.65 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.C | FixedReset Disc | 109,828 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.98 Evaluated at bid price : 16.98 Bid-YTW : 7.95 % |
| FTS.PR.M | FixedReset Disc | 58,131 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 8.23 % |
| BAM.PR.Z | FixedReset Disc | 58,025 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 7.61 % |
| CU.PR.G | Perpetual-Discount | 47,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 16.99 Evaluated at bid price : 16.99 Bid-YTW : 6.66 % |
| GWO.PR.G | Insurance Straight | 43,348 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 19.48 Evaluated at bid price : 19.48 Bid-YTW : 6.80 % |
| GWO.PR.M | Insurance Straight | 36,445 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-11-21 Maturity Price : 21.43 Evaluated at bid price : 21.69 Bid-YTW : 6.80 % |
| There were 20 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BMO.PR.Y | FixedReset Disc | Quote: 16.88 – 18.23 Spot Rate : 1.3500 Average : 0.8946 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 18.31 – 19.40 Spot Rate : 1.0900 Average : 0.6391 YTW SCENARIO |
| RY.PR.M | FixedReset Disc | Quote: 17.10 – 18.15 Spot Rate : 1.0500 Average : 0.6820 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 13.00 – 13.89 Spot Rate : 0.8900 Average : 0.5914 YTW SCENARIO |
| MFC.PR.K | FixedReset Ins Non | Quote: 17.90 – 18.90 Spot Rate : 1.0000 Average : 0.7419 YTW SCENARIO |
| FTS.PR.F | Perpetual-Discount | Quote: 19.31 – 19.99 Spot Rate : 0.6800 Average : 0.4258 YTW SCENARIO |
I have a general question, if that’s ok. Are there any soft or hard retractable preferred shares any longer?
fed, check out this Scotia website which lists the entire Preferred universe (and is usually updated every two weeks or so). The last page of the PDF lists the (few) remaining retractibles with the relevant information :
https://farstadretirement.com/#news
and
https://advisor.scotiawealthmanagement.com/content/uploads/sites/194/PS_11-04-2022.pdf
Thank you very much!