HIMI Preferred Indices : December, 1996

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

HIMI Index Values 1996-12-31
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,483.1 0 0 0 0 0 0
FixedFloater 1,472.0 3 2.00 3.82% 16.7 4,418M 5.06%
Floater 1,396.5 8 1.74 3.45% 18.5 61M 3.74%
OpRet 1,257.1 27 1.29 4.80% 4.7 69M 6.44%
SplitShare 1,230.3 1 2.00 5.85% 5.6 838M 5.71%
Interest-Bearing 1,257.1 0 0 0 0 0 0
Perpetual-Premium 1,194.1 4 1.00 3.28% 2.5 98M 7.81%
Perpetual-Discount 1,140.1 0 0 0 0 0 0

Index Constitution, 1996-12-31, Pre-Rebalancing

Index Constitution, 1996-12-31, Post-Rebalancing

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