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.
| July 2009 |
| Issue |
Index |
DBRS Rating |
Monthly Performance |
Notes (“Now” means “July 31”) |
| BAM.PR.K |
Floater |
Pfd-2(low) |
-3.23% |
Was the third-worst performer in June. |
| PWF.PR.J |
OpRet |
Pfd-1(low) |
-0.27% |
Now with a pre-tax bid-YTW of 3.37% based on a bid of 25.76 and a softMaturity 2013-7-30 at 25.00. |
| CM.PR.A |
OpRet |
Pfd-1(low) |
+0.19% |
Now with a pre-tax bid-YTW of –13.74% based on a bid of 25.91 and a call 2009-8-30 at 25.50. Since dividend is $1.325 and CM saves $0.25 p.a. on the redemption price, it will probably survive until softMaturity 2011-7-30, when it will have realized a yield of 3.42% … but you’re taking your chances! |
| BAM.PR.H |
OpRet |
Pfd-2(low) |
+0.28% |
Now with a pre-tax bid-YTW of 5.17% based on a bid of 25.50 and a softMaturity 2012-3-30 at 25.00. |
| MFC.PR.A |
OpRet |
Pfd-1(low) |
+0.71% |
Now with a pre-tax bid-YTW of 3.82% based on a bid of 25.54 and a softMaturity 2015-12-18 at 25.00. |
| … |
… |
… |
… |
… |
| SLF.PR.C |
Perpetual-Discount |
Pfd-1(low) |
+9.25% |
Now with a pre-tax bid-YTW of 6.16% based on a bid of 18.31 and a limitMaturity. |
| SLF.PR.D |
Perpetua-lDiscount |
Pfd-1(low) |
+9.62% |
Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.35 and a limitMaturity. |
| CIU.PR.A |
Perpetual-Discount |
Pfd-2(high) |
+9.92% |
Now with a pre-tax bid-YTW of 5.81% based on a bid of 20.17 and a limitMaturity. Was the fourth-worst performer in June. |
| BNA.PR.C |
SplitShare |
Pfd-2(low) |
+10.65% |
Now with a pre-tax bid-YTW of 9.15% based on a bid of 17.76 and a hardMaturity 2019-1-10 at 25.00. Was the best performer in June. |
| TRI.PR.B |
Floater |
Pfd-2(low) |
+10.93% |
Moved to Scraps at July rebalancing on volume concerns. Was the worst performer in June. |
This entry was posted on Saturday, August 1st, 2009 at 1:10 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: July 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 Saturday, August 1st, 2009 at 1:10 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.