{"id":10710,"date":"2010-05-01T20:57:14","date_gmt":"2010-05-02T00:57:14","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=10710"},"modified":"2010-05-01T20:57:14","modified_gmt":"2010-05-02T00:57:14","slug":"best-worst-performers-april-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=10710","title":{"rendered":"Best & Worst Performers: April 2010"},"content":{"rendered":"

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\u2122 indices.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
April 2010<\/b><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nDBRS Rating<\/td>\nMonthly Performance<\/td>\nNotes (“Now” means “April 30”)<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\nPfd-2(low)<\/td>\n-6.35%<\/td>\nNow with a pre-tax bid-YTW of 7.34% based on a bid of 18.28 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\nPfd-1(low)<\/td>\n-5.61%<\/td>\nNow with a pre-tax bid-YTW of 6.59% based on a bid of 22.48 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nPerpetual-Discount<\/td>\nPfd-1(low)<\/td>\n-5.35%<\/td>\nNow with a pre-tax bid-YTW of 6.48% based on a bid of 22.10 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nPerpetual-Discount<\/td>\nPfd-1(low)<\/td>\n-5.32%<\/td>\nNow with a pre-tax bid-YTW of 6.38% based on a bid of 18.36 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.T<\/td>\nFixed-Reset<\/td>\nPfd-1(low)<\/td>\n-5.29%<\/td>\nI don’t think we’ve ever seen a FixedReset in this part of the table before! Now with a pre-tax bid-YTW of 4.96% based on a bid of 26.26 and a call 2014-5-25 at 25.00.<\/td>\n<\/tr>\n
…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n
CM.PR.A<\/td>\nOpRet<\/td>\nPfd-1(low)<\/td>\n+0.59%<\/td>\nNow with a pre-tax bid-TTW of -8.94% based on a bid of 25.55 and a call 2010-5-30 at 25.25. If it somehow survives to its SoftMaturity 2011-7-30 it will have yielded 3.51% … but you won’t see me betting on that!<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\nPfd-1(low)<\/td>\n+0.85%<\/td>\nWill be dropped from the Floater index due to low volume.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\nPfd-2(low)<\/td>\n+0.96%<\/td>\nThe second best performer in March<\/a> and the fifth-best performer in February<\/a>. Strong pair with BAM.PR.E<\/td>\n<\/tr>\n
PWF.PR.D<\/td>\nOpRet<\/td>\nPfd-1(low)<\/td>\n+1.58%<\/td>\nNow with a pre-tax bid-YTW of -8.46% based on a bid of 25.89 and a call 2010-5-30 at 25.60. If it makes it to its SoftMaturity 2012-10-30 at 25.00, it will have yielded 3.72% … another bet I won’t take!<\/td>\n<\/tr>\n
BMO.PR.L<\/td>\nPerpetual-Discount<\/td>\nPfd-1(low)<\/td>\n+1.74%<\/td>\nNow with a pre-tax bid-YTW of 6.07% based on a bid of 23.90 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

Nice to see an end to the Floating Rate hegemony over the Best Performers!<\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2122 indices. April 2010 Issue Index DBRS Rating …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-10710","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10710"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10710\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}