{"id":1646,"date":"2008-01-02T13:00:01","date_gmt":"2008-01-02T17:00:01","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1646"},"modified":"2008-01-02T13:00:01","modified_gmt":"2008-01-02T17:00:01","slug":"best-worst-performing-issues-december-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1646","title":{"rendered":"Best & Worst Performing Issues : December, 2007"},"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
Issue<\/td>\nIndex<\/td>\nDBRS Rating<\/td>\nMonthly Performance<\/td>\nNotes (“Now” means “December 31”)<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\nPfd-2(low)<\/td>\n-15.01%<\/td>\nHideous performance in November<\/a> (-10.60%) is now followed up with even worse performance in December.<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\nPfd-2(low)<\/td>\n-14.29%<\/td>\n\u00a0Another BAM issue that performed appallingly in November (-9.68%), although it is not clear to me whether the critical factor is “BAM” or “Floater”.<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\nPfd-2<\/td>\n-8.00%<\/td>\nAsset coverage of just under 1.7:1 as of December 28, according to the company<\/a>. Now with a pre-tax bid-YTW of 7.77% (mostly as interest) based on a bid of 9.09 and a hardMaturity<\/a> 2015-3-31 at 10.00. Dividends on the Capital Stock\u00a0have been reduced<\/a>, which should help this issue’s asset coverage going forward. This issue has now fallen back from its superb performance (+5.94%) in November.<\/td>\n<\/tr>\n
CM.PR.J<\/td>\nPerpetualDiscount<\/td>\nPfd-1(low)<\/td>\n-5.52%<\/td>\nNow with a pre-tax bid-YTW of 5.82% based on a bid of 19.37 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetualDiscount<\/td>\nPfd-2(low)<\/td>\n-4.37%<\/td>\nNow with a pre-tax bid-YTW of 6.08% based on a bid of 22.61 and a limitMaturity.<\/td>\n<\/tr>\n
…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetualDiscount<\/td>\nPfd-1(low)<\/td>\n+7.36%<\/td>\nNow with a pre-tax bid-YTW of 5.41% based on a bid of 23.92 and a limitMaturity.<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetualDiscount<\/td>\nPfd-2(high)<\/td>\n+7.93%<\/td>\nNow with a pre-tax bid-YTW of 5.36% based on a bid of 23.36 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetualDiscount<\/td>\nPfd-2(low)<\/td>\n+8.60%<\/td>\nNow with a pre-tax bid-YTW of 6.38% based on a bid of 18.76 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetualDiscount<\/td>\nPfd-2(low)<\/td>\n+8.64%<\/td>\nNow with a pre-tax bid-YTW of 6.46% based on a bid of 20.60 and a limitMaturity. This was one of November’s worst performers<\/a> (-11.20%), so this improvement represents something of a bounce.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\nPfd-2(low)<\/td>\n+6.21%<\/td>\nNow with a pre-tax bid-YTW of 6.21% based on a bid of 19.20 and a limitMaturity. Just as with ELF.PR.F, above, this performance represents a bounce from November’s return of -14.21%.<\/td>\n<\/tr>\n<\/table>\n<\/div>\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. Issue Index DBRS Rating Monthly Performance …<\/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-1646","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1646","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=1646"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1646\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}