{"id":5748,"date":"2009-03-04T14:48:26","date_gmt":"2009-03-04T18:48:26","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=5748"},"modified":"2009-03-04T14:48:26","modified_gmt":"2009-03-04T18:48:26","slug":"best-worst-performers-february-2009","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=5748","title":{"rendered":"Best & Worst Performers: February 2009"},"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\n
February 2009<\/b><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nDBRS Rating<\/td>\nMonthly Performance<\/td>\nNotes (“Now” means “February 27”)<\/td>\n<\/tr>\n
FFN.PR.A<\/td>\nSplitShare<\/td>\nPfd-5(high)<\/td>\n-21.83%<\/td>\nDowngraded Feb. 13<\/a>. Removed from SplitShare index in February 2009 Rebalancing<\/a>. Asset coverage of 0.9+:1 as of February 27, according to the company<\/a>. Now with a (somewhat dubious) pre-tax bid-YTW of 16.56% based on a bid of 5.95 and a hardMaturity<\/a> 2014-12-1 at (a somewhat dubious) 10.00.<\/td>\n<\/tr>\n
LFE.PR.A<\/td>\nSplitShare<\/td>\nPfd-2(low)<\/td>\n-18.64%<\/td>\nAsset coverage of 1.0+:1 as of February 27, 2009, according to the company<\/a> but still considered Pfd-2(low) by DBRS<\/a>. Now with a pre-tax bid-YTW of 14.70% based on a bid of 7.37 and a hardMaturity 2012-12-1 at 10.00.<\/td>\n<\/tr>\n
FBS.PR.B<\/td>\nSplitShare<\/td>\nPfd-4<\/td>\n-13.53%<\/td>\nDowngraded Feb. 13<\/a>. Removed from SplitShare index in February 2009 Rebalancing<\/a>. Asset coverage of 1.0+:1 as of February 26, according to TD Securities<\/a>. Now with a pre-tax bid-YTW of 22.85% based on a bid of 6.41 and a hardMaturity 2011-12-15 at 10.00.<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetualDiscount<\/td>\nPfd-1(low)<\/td>\n-11.77%<\/td>\nNow with a pre-tax bid-YTW of 7.81% based on a bid of 19.19 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
WFS.PR.A<\/td>\nSplitShare<\/td>\nPfd-4(low)<\/td>\n-11.10%<\/td>\nDowngraded Feb. 13<\/a>. Removed from SplitShare index in February 2009 Rebalancing<\/a>. Asset coverage of 1.0+:1 as of February 19 according to Mulvihill<\/a>. Now with a pre-tax bid-YTW of 18.97% based on a bid of 7.61 and a hardMaturity 2011-6-30 at 10.00.<\/td>\n<\/tr>\n
…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nPerpetualDiscount<\/td>\nPfd-1<\/td>\n+4.35%<\/td>\nNow with a pre-tax bid-YTW of 7.24% based on a bid of 18.00 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BAM.PR.H<\/td>\nOpRet<\/td>\nPfd-2(low)<\/td>\n+5.41%<\/td>\nNow with a pre-tax bid-YTW of 8.56% based on a bid of 23.40 and a softMaturity<\/a> 2012-3-30 at 25.00.<\/td>\n<\/tr>\n
BAM.PR.O<\/td>\nOpRet<\/td>\nPfd-2(low)<\/td>\n+10.65%<\/td>\nNow with a pre-tax bid-YTW of 9.53% based on a bid of 21.30 and optionCertainty<\/a> 2013-6-30 at 25.00.<\/td>\n<\/tr>\n
TRI.PR.B<\/td>\nFloater<\/td>\nPfd-2(low)<\/td>\n+14.89%<\/td>\nRemoved from Floater index in February 2009 Rebalancing<\/a> on volume concerns.<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\nPfd-1(low)<\/td>\n+15.28%<\/td>\n <\/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. February 2009 Issue Index DBRS Rating …<\/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-5748","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5748","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=5748"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5748\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}