{"id":11695,"date":"2010-08-01T22:21:59","date_gmt":"2010-08-02T02:21:59","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=11695"},"modified":"2010-08-01T22:21:59","modified_gmt":"2010-08-02T02:21:59","slug":"best-worst-performers-july-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=11695","title":{"rendered":"Best & Worst Performers: July 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
July 2010<\/b><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nDBRS Rating<\/td>\nMonthly Performance<\/td>\nNotes (“Now” means “July 30”)<\/td>\n<\/tr>\n
TRI.PR.B<\/td>\nFloater<\/td>\nPfd-2(low)<\/td>\n-1.06%<\/td>\n <\/td>\n<\/tr>\n
BAM.PR.H<\/td>\nOpRet<\/td>\nPfd-2(low)<\/td>\n-1.04%<\/td>\nNow with a pre-tax bid-YTW of 1.21% based on a bid of 25.65 and a call 2010-10-30 at 25.25.<\/td>\n<\/tr>\n
BAM.PR.J<\/td>\nOpRet<\/td>\nPfd-2(low)<\/td>\n-1.02%<\/td>\nRecently deleted from TXPR<\/a>. Now with a pre-tax bid-YTW of 4.82% based on a bid of 26.08 and a softMaturity<\/a> 2018-3-30.<\/td>\n<\/tr>\n
BAM.PR.O<\/td>\nOpRet<\/td>\nPfd-2(low)<\/td>\n-0.39%<\/td>\nNow with a pre-tax bid-YTW of 4.08% based on a bid of 25.75 and optionCertainty<\/a> 2013-6-30 at 25.00.<\/td>\n<\/tr>\n
IAG.PR.E<\/td>\nPerpetual-Discount<\/td>\nPfd-2(high)<\/td>\n-0.32%<\/td>\nRecently deleted from TXPR<\/a>. Now with a pre-tax bid-YTW of 6.10% based on a bid of 24.88 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetual-Discount<\/td>\nPfd-1(low)<\/td>\n+4.71%<\/td>\nNow with a pre-tax bid-TTW of 5.58% based on a bid of 21.95 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nPfd-2(low)<\/td>\n+5.18%<\/td>\nThe third-best performer in June<\/a>. Now with a pre-tax bid-TTW of 6.30% based on a bid of 19.10 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
GWO.PR.J<\/td>\nFixedReset<\/td>\nPfd-1(low)<\/td>\n+5.36%<\/td>\nThe third-worst performer in June<\/a>, which was due to a disappearing bid and lackadaisical market-making. Now with a pre-tax bid-TTW of 3.36% based on a bid of 27.31 and a call 2014-1-30 at 25.00..<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\nPfd-2(low)<\/td>\n+5.36%<\/td>\nNow with a pre-tax bid-TTW of 6.42% based on a bid of 20.87 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\nPfd-2(low)<\/td>\n+5.74%<\/td>\nNow with a pre-tax bid-YTW of 6.34% based on a bid of 18.99 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

It’s interesting to see the BAM OpRet issues dominating the lower end of the monthly returns …. one is tempted to think that BAM.PR.J declined due to the TXPR rebalancing, and the other OpRets went down due to swaps triggered by the initial decline.<\/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. July 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-11695","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11695","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=11695"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11695\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}