{"id":47240,"date":"2024-08-30T21:42:11","date_gmt":"2024-08-31T02:42:11","guid":{"rendered":"https:\/\/prefblog.com\/?p=47240"},"modified":"2024-08-30T21:42:11","modified_gmt":"2024-08-31T02:42:11","slug":"august-30-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47240","title":{"rendered":"August 30, 2024"},"content":{"rendered":"

I have updated the post ZPR Is Now A Laddered Fund Again!<\/a> with new data. The page Investigation of ZPR – BMO Laddered Preferred Share Index ETF<\/a> has been updated with a link to this post.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1638 %<\/td>\n2,238.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1638 %<\/td>\n4,292.6<\/td>\n<\/tr>\n
Floater<\/td>\n9.99 %<\/td>\n10.28 %<\/td>\n76,177<\/td>\n9.22<\/td>\n2<\/td>\n1.1638 %<\/td>\n2,473.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3057 %<\/td>\n3,538.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n5.23 %<\/td>\n29,502<\/td>\n1.13<\/td>\n4<\/td>\n-0.3057 %<\/td>\n4,225.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3057 %<\/td>\n3,296.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0120 %<\/td>\n2,892.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.95 %<\/td>\n6.08 %<\/td>\n58,216<\/td>\n13.75<\/td>\n31<\/td>\n-0.0120 %<\/td>\n3,154.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.43 %<\/td>\n6.76 %<\/td>\n123,225<\/td>\n12.68<\/td>\n60<\/td>\n-0.0577 %<\/td>\n2,682.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.82 %<\/td>\n5.90 %<\/td>\n69,128<\/td>\n14.05<\/td>\n21<\/td>\n-0.8269 %<\/td>\n3,111.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n8.66 %<\/td>\n8.66 %<\/td>\n26,563<\/td>\n10.71<\/td>\n3<\/td>\n0.2432 %<\/td>\n2,782.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.68 %<\/td>\n5.66 %<\/td>\n220,687<\/td>\n3.90<\/td>\n5<\/td>\n-0.1923 %<\/td>\n2,579.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0577 %<\/td>\n2,742.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.17 %<\/td>\n6.03 %<\/td>\n99,255<\/td>\n13.87<\/td>\n14<\/td>\n0.0918 %<\/td>\n2,842.6<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-5.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n-5.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 17.22
\nEvaluated at bid price : 17.22
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 17.95
\nEvaluated at bid price : 17.95
\nBid-YTW : 7.70 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n-2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.45
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.33
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 23.30
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 11.72
\nEvaluated at bid price : 11.72
\nBid-YTW : 10.31 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.60
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 11.75
\nEvaluated at bid price : 11.75
\nBid-YTW : 10.28 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.85
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 20.36
\nEvaluated at bid price : 20.36
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n3.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.43
\nEvaluated at bid price : 22.69
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n5.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.26
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n74,233<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n56,269<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 23.18
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n39,870<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 19.78
\nEvaluated at bid price : 19.78
\nBid-YTW : 7.24 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n26,006<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n25,718<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n16,972<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.68
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
There were 2 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.80 – 21.10
\nSpot Rate : 1.3000
\nAverage : 0.7643<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n

BN.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 16.80 – 18.05
\nSpot Rate : 1.2500
\nAverage : 0.8005<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 7.59 %<\/td>\n<\/tr>\n

FFH.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.22 – 18.22
\nSpot Rate : 1.0000
\nAverage : 0.5958<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 17.22
\nEvaluated at bid price : 17.22
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 22.52 – 24.30
\nSpot Rate : 1.7800
\nAverage : 1.4025<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.52
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.00 – 20.86
\nSpot Rate : 0.8600
\nAverage : 0.6016<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.10 – 23.95
\nSpot Rate : 0.8500
\nAverage : 0.6287<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-08-30
\nMaturity Price : 22.44
\nEvaluated at bid price : 23.10
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

I have updated the post ZPR Is Now A Laddered Fund Again! with new data. The page Investigation of ZPR – BMO Laddered Preferred Share Index ETF has been updated with a link to this …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-47240","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47240","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=47240"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47240\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}