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.
September, 2008 | ||||
Issue | Index | DBRS Rating | Monthly Performance | Notes (“Now” means “September 30”) |
BAM.PR.B | Floater | Pfd-2(low) | -18.0252% | |
BNA.PR.C | SplitShare | Pfd-2(low) | -14.0403% | Asset coverage of just under 2.8:1 as of September 30, according to the company. Now with a pre-tax bid-YTW of 11.53% based on a bid of 14.51 and a hardMaturity 2019-1-10 at 25.00. Compare with BNA.PR.A (9.94% to 2010-9-30) and BNA.PR.B (9.64% to 2016-3-25). |
BAM.PR.K | Floater | Pfd-2(low) | -13.6954% | |
SBN.PR.A | SplitShare | Pfd-2(low) | -11.6603% | Asset coverage of 2.1+:1 as of September 30, according to Mulvihill. Now with a pre-tax bid-YTW of 7.91% based on a bid of 8.76 and a hardMaturity 2014-12-1 at 10.00. |
GWO.PR.H | PerpetualDiscount | Pfd-1(low) | -10.4712% | Now with a pre-tax bid-YTW of 6.50% based on a bid of 18.81 and a limitMaturity. |
… | … | … | … | … |
PWF.PR.F | PerpetualDiscount | Pfd-1(low) | +0.7759% | Now with a pre-tax bid-YTW of 6.06% based on a bid of 22.08 and a limitMaturity. |
PWF.PR.H | PerpetualDiscount | Pfd-1(low) | +0.8439% | Now with a pre-tax bid-YTW of 6.12% based on a bid of 23.90 and a limitMaturity. |
BNS.PR.M | PerpetualDiscount | Pfd-1(low) | +1.6993% | Now with a pre-tax bid-YTW of 5.81% based on a bid of 19.75 and a limitMaturity. |
BNS.PR.L | PerpetualDiscount | Pfd-1 | +1.8013% | Now with a pre-tax bid-YTW of 5.79% based on a bid of 19.78 and a limitMaturity. |
BNS.PR.K | PerpetualDiscount | Pfd-1 | +1.9774% | Now with a pre-tax bid-YTW of 5.62% based on a bid of 21.66 and a limitMaturity. |
[…] also the worst performer in September – it has been hit not just by the general downdraft in BAM issues, but by expectations of […]
[…] also the worst performer in September and second worst in October – it has been hit not just by the general downdraft in BAM issues, but […]