{"id":5293,"date":"2009-02-02T00:34:54","date_gmt":"2009-02-02T04:34:54","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=5293"},"modified":"2009-02-02T00:34:54","modified_gmt":"2009-02-02T04:34:54","slug":"best-worst-performers-january-2009","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=5293","title":{"rendered":"Best &amp; Worst Performers: January 2009"},"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>January 2009<\/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;January 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>-18.31%<\/td>\n<td>Up &#8216;n&#8217; down, up &#8216;n&#8217; down &#8230; this was the best performer in <a href=\"http:\/\/www.prefblog.com\/?p=4718\">December<\/a>, second-worst in <a href=\"http:\/\/www.prefblog.com\/?p=4231\">November<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.K<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-16.46%<\/td>\n<td>Ditto, basically &#8230; worst in November, third-best in December.<\/td>\n<\/tr>\n<tr>\n<td>IAG.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>Pfd-2(high)<\/td>\n<td>-9.18%<\/td>\n<td>The <a href=\"http:\/\/www.prefblog.com\/?p=4893\">underwriters had a sell-off party<\/a> &#8230; and nobody came.<\/td>\n<\/tr>\n<tr>\n<td>SBC.PR.A<\/td>\n<td>SplitShare<\/td>\n<td>Pfd-2<\/td>\n<td>-8.55%<\/td>\n<td>Asset coverage of 1.4-:1 as of January 29, according to <a href=\"http:\/\/www.bromptongroup.com\/funds\/sbc\/overview\/\">Brompton Group<\/a>. Now with a pre-tax bid-YTW of 12.43% based on a bid of 7.91 and a hardMaturity 2012-11-30 at 10.00.<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>Pfd-1<\/td>\n<td>-7.16%<\/td>\n<td>&nbsp;<\/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.I<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>+17.68%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.78% based on a bid of 22.26 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>W.PR.J<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+17.74%<\/td>\n<td>Now with a pre-tax bid-YTW of 7.27% based on a bid of 19.51 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+18.06%<\/td>\n<td>Now with a pre-tax bid-YTW of 9.87% based on a bid of 12.29 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+20.49%<\/td>\n<td>Now with a pre-tax bid-YTW of 9.87% based on a bid of 12.29 and a limitMaturity.<\/td>\n<\/tr>\n<tr>\n<td>BNA.PR.C<\/td>\n<td>SplitShare<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+28.57%<\/td>\n<td>Asset coverage of 1.8+:1 as of December 31, according to <a href=\"http:\/\/www.bamsplit.com\/investor\/nav.htm\">the company<\/a> &#8211; presumably a little better now, since the underlying BAM.A has improved. Now with a pre-tax bid-YTW of 15.65% based on a bid of 11.25 and a hardMaturity 2019-1-10 at 25.00.<\/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. January 2009 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-5293","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5293","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=5293"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5293\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}