{"id":7106,"date":"2009-07-02T18:39:29","date_gmt":"2009-07-02T22:39:29","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=7106"},"modified":"2009-07-02T18:39:29","modified_gmt":"2009-07-02T22:39:29","slug":"best-worst-performers-june-2009","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=7106","title":{"rendered":"Best &amp; Worst Performers: June 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>June 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;June 30&#8221;)<\/td>\n<\/tr>\n<tr>\n<td>TRI.PR.B<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-10.91%<\/td>\n<td>Was the third-best performer in <a href=\"http:\/\/www.prefblog.com\/?p=6707\">May<\/a>, with a return of +31.15% last month.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.B<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-7.01%<\/td>\n<td>Was the best performer in <a href=\"http:\/\/www.prefblog.com\/?p=6707\">May<\/a>, with a total return of +35.13%<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.K<\/td>\n<td>Floater<\/td>\n<td>Pfd-2(low)<\/td>\n<td>-6.29%<\/td>\n<td>Was the second-best performer in <a href=\"http:\/\/www.prefblog.com\/?p=6707\">May<\/a>, with a return of +34.25% in that month.<\/td>\n<\/tr>\n<tr>\n<td>CIU.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Pfd-2(high)<\/td>\n<td>-4.18%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.35% based on a bid of 18.35 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Pfd-1(low)<\/td>\n<td>-2.52%<\/td>\n<td>Now with a pre-tax bid-YTW of 6.52% based on a bid of 17.44 and a limitMaturity.<\/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>BAM.PR.I<\/td>\n<td>OpRet<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+5.62%<\/td>\n<td>Now with a pre-tax bid-YTW of 5.59% based on a bid of 24.95 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#softMaturity\">softMaturity<\/a> 2013-12-30 at 25.00.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>PerpetualDiscount<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+7.69%<\/td>\n<td>Now with a pre-tax bid-YTW of 7.68% based on a bid of 15.60 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Pfd-2(low)<\/td>\n<td>+9.11%<\/td>\n<td>Now with a pre-tax bid-YTW of 7.56% based on a bid of 15.86 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#limitMaturity\">limitMaturity<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>IAG.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Pfd-2(high)<\/td>\n<td>+9.55%<\/td>\n<td>This was the worst performer in <a href=\"http:\/\/www.prefblog.com\/?p=6707\">May<\/a> and the best performer in <a href=\"http:\/\/www.prefblog.com\/?p=6383\">April<\/a>. Notoriously volatile. Now with a pre-tax bid-YTW of 6.61% based on a bid of 17.55 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>+11.46%<\/td>\n<td>Now with a pre-tax bid-YTW of 10.48% based on a bid of 16.05 and a <a href=\"http:\/\/www.prefshares.com\/glossary.html#hardMaturity\">hardMaturity<\/a> 2019-1-10 at 25.00.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>What can I say? The Floaters Index currently has three members. The top three spots in May were occupied by Floaters; the bottom three spots in June were occupied by Floaters.<\/p>\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. June 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-7106","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/7106","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=7106"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/7106\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}