{"id":3475,"date":"2008-10-19T12:01:09","date_gmt":"2008-10-19T16:01:09","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=3475"},"modified":"2008-10-19T12:01:09","modified_gmt":"2008-10-19T16:01:09","slug":"best-worst-performers-september-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=3475","title":{"rendered":"Best &amp; Worst Performers: September 2008"},"content":{"rendered":"<p>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<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"5\"><b>September, 2008<\/b><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>DBRS Rating<\/td>\n<td>Monthly Performance<\/td>\n<td>Notes (&#8220;Now&#8221; means &#8220;September 30&#8221;)<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.B<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-18.0252%<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>BNA.PR.C<\/td>\n<td>SplitShare<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-14.0403%<\/td>\n<td>Asset coverage of just under 2.8:1 as of September 30, according to <a href=\"http:\/\/www.bamsplit.com\/investor\/nav.htm\">the company<\/a>. Now with a pre-tax bid-YTW of 11.53% based on a bid of 14.51 and a hardMaturity 2019-1-10 at 25.00. Compare with BNA.PR.A (9.94% to 2010-9-30) and BNA.PR.B (9.64% to 2016-3-25).<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.K<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-13.6954%<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>SBN.PR.A<\/td>\n<td>SplitShare<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-11.6603%<\/td>\n<td>Asset coverage of 2.1+:1 as of September 30, according to <a href=\"http:\/\/www.mulvihill.com\/sp_historicnav.cfm?symbol=SBN_SBN.PR.A\">Mulvihill<\/a>. Now with a pre-tax bid-YTW of 7.91% based on a bid of 8.76 and a hardMaturity 2014-12-1 at 10.00.<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>-10.4712%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.50% based on a bid of 18.81 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>&#8230;<\/td>\n<td>&#8230;<\/td>\n<td>&#8230;<\/td>\n<td>&#8230;<\/td>\n<td>&#8230;<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.F<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>+0.7759%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.06% based on a bid of 22.08 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.H<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>+0.8439%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.12% based on a bid of 23.90 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.M<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>+1.6993%<\/td>\n<td>Now with a pre-tax bid-YTW of 5.81% based on a bid of 19.75 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.L<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1<\/td>\n<td>+1.8013%<\/td>\n<td>Now with a pre-tax bid-YTW of 5.79% based on a bid of 19.78 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.K<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1<\/td>\n<td>+1.9774%<\/td>\n<td>Now with a pre-tax bid-YTW of 5.62% based on a bid of 21.66 and a limitMaturity. <\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. September, 2008 Issue Index DBRS Rating &hellip;<\/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-3475","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/3475","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=3475"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/3475\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}