{"id":1868,"date":"2008-03-02T12:25:39","date_gmt":"2008-03-02T16:25:39","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1868"},"modified":"2008-03-02T12:25:39","modified_gmt":"2008-03-02T16:25:39","slug":"best-and-worst-performers-february-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1868","title":{"rendered":"Best and Worst Performers: February 2008"},"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 “February 29”)<\/td>\n<\/tr>\n
PWF.PR.J<\/td>\nOpRet<\/td>\nPfd-1(low)<\/td>\n-1.66%<\/td>\nNow with a pre-tax bid-YTW of 3.87% based on a bid of 26.01 and a call 2010-5-30 at 25.50.<\/td>\n<\/tr>\n
FBS.PR.B<\/td>\nSplitShare<\/td>\nPfd-2<\/td>\n-1.31%<\/td>\nAsset coverage of 1.6+:1 as of February 28 according to TD Securities<\/a>. Now with a pre-tax bid-YTW of 5.47% based on a bid of\u00a09.75 and a hardMaturity<\/a> 2011-12-15 at 10.00.<\/td>\n<\/tr>\n
FTU.PR.A<\/td>\nSplitShare<\/td>\nPfd-2<\/td>\n-1.30%<\/td>\nEasy come, easy go! Performed well in January<\/a>. Asset coverage of just under 1.6:1 as of February 15 according to the company<\/a>. Now with a pre-tax bid-YTW of 6.42% based on a bid of\u00a09.54 and a hardMaturity 2012-12-1 at 10.00.<\/td>\n<\/tr>\n
WFS.PR.A<\/td>\nSplitShare<\/td>\nPfd-2<\/td>\n-1.07%<\/td>\nAsset coverage of just under 1.8:1 as of February 21 according to Mulvihill<\/a>. Now with a pre-tax bid-YTW of 5.07% based on a bid of\u00a010.15 and a hardMaturity 2011-6-30 at 10.00.<\/td>\n<\/tr>\n
TOC.PR.B<\/td>\nFloater<\/td>\nPfd-2(low)<\/td>\n-0.87%<\/td>\n\u00a0<\/td>\n<\/tr>\n
…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetualDiscount<\/td>\nPfd-1(low)<\/td>\n+6.10%<\/td>\nAll the SLF issues did really well in February, but this one was the best. Now with a pre-tax bid-YTW of 5.08% based on a bid of 21.90 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetualDiscount<\/td>\nPfd-2(low)<\/td>\n+5.97%<\/td>\nNow with a pre-tax bid-YTW of 5.97% based on a bid of 22.53 and a limitMaturity.<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nPerpetualDiscount<\/td>\nPfd-1<\/td>\n+7.55%<\/td>\nBouncing back from horrible performance in January<\/a>. Now with a pre-tax bid-YTW of 5.31% based on a bid of 24.36 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\nPfd-2(low)<\/td>\n+8.5%<\/td>\n\u00a0<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\nPfd-2(low)<\/td>\n+10.44%<\/td>\nNice to see this issue finally catch a break<\/a>! Asset coverage of 3.3+:1 as of January 31, according to the company<\/a>. Now with a pre-tax bid-YTW of 6.62% based on a bid of 20.70 and a hardMaturity 2019-1-10 at 25.00. Compare with BNA.PR.A (4.25% to a call 2008-3-30 at\u00a025.50) and BNA.PR.B (7.20% to hardMaturity 2016-3-25).<\/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-1868","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1868","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=1868"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1868\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}