If Dealbreaker is anything to go by – and I think it is – the latest plan to stimulate an artificial market for highly illiquid and distressed securities will go the way of all the …
Search Results for: performance
April 8, 2009
The SEC has announced that facts don’t matter any more: The U.S. Securities and Exchange Commission will weigh multiple rules to dictate when traders can bet shares will fall, after lawmakers and business groups said …
April 7, 2009
Again, no commentary! Pretty lazy, huh? HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. …
April 6, 2009
Another day of good solid performance, but volume was off a bit. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW …
MAPF Portfolio Composition: March 2009
Trading eased off a little in March, with portfolio turnover of about 80%, in a market notable for its volatility – PerpetualDiscounts were down 5.28% at the nadir on March 10, but recovered to post …
April 3, 2009
Bernanke gave a speech today on the Federal Reserve’s Balance Sheet (hat tip: Across the Curve). I have updated the post Fed to Open Spigots Further. It looks like Short-Sellers will join the politically inspired …
April 2, 2009
No commentary today! It must be quarter-end, or something! Whoosh-a-rama! PerpetualDiscounts rocketted up today and Fixed-Resets put up a very good show. CIU.PR.B at 26.75 bid, with a 5.22% YTW? The PerpetualDiscount CIU.PR.A closed at …
April 1, 2009
Thornburg Mortgage has been a fascinating continuing saga and I have referred to it frequently in conversation over the past six months – it was last mentioned on PrefBlog on August 22. It is the …
Best & Worst Performers: March 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. March 2009 Issue Index DBRS Rating …
March 31, 2009
Wouldn’t you know it! No sooner do I award plaudits to HOOPP and point out the wonderful thing about being an independent fund manager with a captive clientele (March 25) than the Ontario government comes …