{"id":1183,"date":"2007-09-12T19:02:37","date_gmt":"2007-09-12T23:02:37","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1183"},"modified":"2007-09-12T19:02:37","modified_gmt":"2007-09-12T23:02:37","slug":"himipref-preferred-indices-october-31-2000","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1183","title":{"rendered":"HIMIPref&#8482; Preferred Indices : October 31, 2000"},"content":{"rendered":"<p>All indices were assigned a value of 1000.0 as of December 31, 1993.<\/p>\n<table border=\"1\">\n<tr>\n<td colspan=\"8\"><strong>HIMI Index Values 2000-10-31<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Closing Value (Total Return)<\/td>\n<td>Issues<\/td>\n<td>Mean Credit Quality<\/td>\n<td>Median YTW<\/td>\n<td>Median DTW<\/td>\n<td>Median Daily Trading<\/td>\n<td>Mean Current Yield<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>1,516.5<\/td>\n<td>0<\/td>\n<td>0<\/td>\n<td>0<\/td>\n<td>0<\/td>\n<td>0<\/td>\n<td>0<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>1,922.0<\/td>\n<td>10<\/td>\n<td>1.89<\/td>\n<td>6.26%<\/td>\n<td>12.2<\/td>\n<td>189M<\/td>\n<td>5.47%<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>1,428.1<\/td>\n<td>4<\/td>\n<td>1.75<\/td>\n<td>6.34%<\/td>\n<td>11.4<\/td>\n<td>48M<\/td>\n<td>6.98%<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>1,401.2<\/td>\n<td>33<\/td>\n<td>1.27<\/td>\n<td>5.09%<\/td>\n<td>3.8<\/td>\n<td>74M<\/td>\n<td>6.11%<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>1,415.0<\/td>\n<td>7<\/td>\n<td>1.86<\/td>\n<td>6.42%<\/td>\n<td>5.5<\/td>\n<td>122M<\/td>\n<td>6.14%<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>1,557.2<\/td>\n<td>7<\/td>\n<td>2.00<\/td>\n<td>7.93%<\/td>\n<td>11.0<\/td>\n<td>161M<\/td>\n<td>8.17%<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>1,114.2<\/td>\n<td>1<\/td>\n<td>2.00<\/td>\n<td>5.56%<\/td>\n<td>4.2<\/td>\n<td>1,114M<\/td>\n<td>6.18%<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>1,128.8<\/td>\n<td>12<\/td>\n<td>1.57<\/td>\n<td>6.03%<\/td>\n<td>13.8<\/td>\n<td>127M<\/td>\n<td>6.18%<\/td>\n<\/tr>\n<\/table>\n<p><a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/09\/0010_Pre.pdf\">Index Constitution, 2000-10-31, Pre-rebalancing<\/a><\/p>\n<p><a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/09\/0010_Post.pdf\">Index Constitution, 2000-10-31, Post-rebalancing<\/a><\/p>\n<p><strong>Note<\/strong>: The &#8220;PerpetualPremium&#8221; Index contained the issue NA.PR.J from date of issue, 2000-7-13 until 2000-11-29. This is an error; this issue is a FixedFloater. Since this was the sole issue in the &#8220;PerpetualPremium&#8221; index, the results for this index should have been reported as having a performance equal to the &#8220;PerpetualDiscount&#8221; index.<\/p>\n<p>In the period 2000-7-12 to 2000-11-29, performance of relevant indices was:<\/p>\n<ul>\n<li>FixedFloater: +2.50%<\/li>\n<li>PerpetualPremium: +3.30%<\/li>\n<li>PerpetualDiscount: +3.42%<\/li>\n<\/ul>\n<p>Indices will not be recalculated &#8211; for now! I regret the error.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All indices were assigned a value of 1000.0 as of December 31, 1993. HIMI Index Values 2000-10-31 Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1183","post","type-post","status-publish","format-standard","hentry","category-himi-preferred-indices"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1183","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=1183"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1183\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}