These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices.
| February 2009 |
| Issue |
Index |
DBRS Rating |
Monthly Performance |
Notes (“Now” means “February 27”) |
| FFN.PR.A |
SplitShare |
Pfd-5(high) |
-21.83% |
Downgraded Feb. 13. Removed from SplitShare index in February 2009 Rebalancing. Asset coverage of 0.9+:1 as of February 27, according to the company. Now with a (somewhat dubious) pre-tax bid-YTW of 16.56% based on a bid of 5.95 and a hardMaturity 2014-12-1 at (a somewhat dubious) 10.00. |
| LFE.PR.A |
SplitShare |
Pfd-2(low) |
-18.64% |
Asset coverage of 1.0+:1 as of February 27, 2009, according to the company but still considered Pfd-2(low) by DBRS. Now with a pre-tax bid-YTW of 14.70% based on a bid of 7.37 and a hardMaturity 2012-12-1 at 10.00. |
| FBS.PR.B |
SplitShare |
Pfd-4 |
-13.53% |
Downgraded Feb. 13. Removed from SplitShare index in February 2009 Rebalancing. Asset coverage of 1.0+:1 as of February 26, according to TD Securities. Now with a pre-tax bid-YTW of 22.85% based on a bid of 6.41 and a hardMaturity 2011-12-15 at 10.00. |
| PWF.PR.G |
PerpetualDiscount |
Pfd-1(low) |
-11.77% |
Now with a pre-tax bid-YTW of 7.81% based on a bid of 19.19 and a limitMaturity. |
| WFS.PR.A |
SplitShare |
Pfd-4(low) |
-11.10% |
Downgraded Feb. 13. Removed from SplitShare index in February 2009 Rebalancing. Asset coverage of 1.0+:1 as of February 19 according to Mulvihill. Now with a pre-tax bid-YTW of 18.97% based on a bid of 7.61 and a hardMaturity 2011-6-30 at 10.00. |
| … |
… |
… |
… |
… |
| HSB.PR.C |
PerpetualDiscount |
Pfd-1 |
+4.35% |
Now with a pre-tax bid-YTW of 7.24% based on a bid of 18.00 and a limitMaturity. |
| BAM.PR.H |
OpRet |
Pfd-2(low) |
+5.41% |
Now with a pre-tax bid-YTW of 8.56% based on a bid of 23.40 and a softMaturity 2012-3-30 at 25.00. |
| BAM.PR.O |
OpRet |
Pfd-2(low) |
+10.65% |
Now with a pre-tax bid-YTW of 9.53% based on a bid of 21.30 and optionCertainty 2013-6-30 at 25.00. |
| TRI.PR.B |
Floater |
Pfd-2(low) |
+14.89% |
Removed from Floater index in February 2009 Rebalancing on volume concerns. |
| PWF.PR.A |
Floater |
Pfd-1(low) |
+15.28% |
|
This entry was posted on Wednesday, March 4th, 2009 at 2:48 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Best & Worst Performers: February 2009
These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices.
This entry was posted on Wednesday, March 4th, 2009 at 2:48 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.