HIMIPref™ Preferred Indices : April 2004

All indices were assigned a value of 1000.0 as of December 31, 1993.

HIMI Index Values 2004-04-30
Index Closing Value (Total Return) Issues Mean Credit Quality Median YTW Median DTW Median Daily Trading Mean Current Yield
Ratchet 1,360.6 1 2.00 2.44% 21.2 65M 2.46%
FixedFloater 2,163.2 8 2.00 2.34% 19.7 77M 5.29%
Floater 1,952.8 7 1.85 0.00% 0.09 61M 3.24%
OpRet 1,700.7 23 1.44 4.03% 4.0 121M 4.95%
SplitShare 1,725.3 14 1.79 4.40% 3.3 61M 5.34%
Interest-Bearing 2,084.6 10 2.00 5.95% 2.4 135M 7.33%
Perpetual-Premium 1,318.9 25 1.52 5.51% 6.2 168M 5.69%
Perpetual-Discount 1,518.9 7 0 0 0 0 0

Index Constitution, 2004-04-30, Pre-rebalancing

Index Constitution, 2004-04-30, Post-rebalancing

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