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™ indices.
| Issue |
Index |
DBRS Rating |
Monthly Performance |
Notes (“Now” means “September 28”) |
| CIU.PR.A |
PerpetualDiscount |
Pfd-2(high) |
-5.27% |
Now with a pre-tax bid-YTW of 5.38% based on a bid of 21.55 and a limitMaturity. |
| BNS.PR.M |
PerpetualDiscount |
Pfd-1 |
-5.22% |
Now with a pre-tax bid-YTW of 5.18% based on a bid of 21.66 and a limitMaturity. |
| MFC.PR.C |
PerpetualDiscount |
Pfd-1(low) |
-4.35% |
Now with a pre-tax bid-YTW of 5.15% based on a bid of 22.00 and a limitMaturity. |
| BNS.PR.L |
PerpetualDiscount |
Pfd-1 |
-4.33% |
Now with a pre-tax bid-YTW of 5.17% based on a bid of 21.77 and a limitMaturity. |
| SLF.PR.B |
PerpetualDiscount |
Pfd-1(low) |
-4.33% |
Now with a pre-tax bid-YTW of 5.30% based on a bid of 22.76 and a limitMaturity. |
| … |
… |
… |
… |
… |
| BCE.PR.B |
RatchetRate |
Pfd-2(low)
Review Negative |
+2.50% |
Recent conversion from Fixed-Floater BCE.PR.A |
| GWO.PR.E |
OpRet |
Pfd-1(low) |
+2.72% |
Odd. Why would this one do so well? I can think of two possible reasons:
One or the other, anyway. Now with a pre-tax bid-YTW of 3.88% based on a bid of 25.70 and a call 2011-4-30 at 25.00. |
| BNA.PR.B |
SplitShare |
Pfd-2(low) |
+2.87% |
Asset Coverage of 3.38:1, according to the company. Rating is constrained by the fact that the underlying asset is shares of BAM.A. Now with a pre-tax bid-YTW of 5.20% based on a bid of 24.70 and a hardMaturity 2016-3-25 at 25.00. |
| BAM.PR.B |
Floater |
Pfd-2(low) |
+2.97% |
|
| BAM.PR.G |
FixFloat |
Pfd-2(low) |
+3.19% |
|
A much more random sample than was the case last month, although two trends stand out:
- PerpetualDiscount issues got hammered (see September Index Performance for more detail on this), and
- some of the Brookfield issues came back from their August thumping.
This entry was posted on Wednesday, October 3rd, 2007 at 3:43 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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Best & Worst Monthly Performances : September, 2007
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™ indices.
Review Negative
One or the other, anyway. Now with a pre-tax bid-YTW of 3.88% based on a bid of 25.70 and a call 2011-4-30 at 25.00.
A much more random sample than was the case last month, although two trends stand out:
This entry was posted on Wednesday, October 3rd, 2007 at 3:43 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.