| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version | |||||||
| Index | Mean Current Yield (at bid) | Mean YTW | Mean Average Trading Value | Mean Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
| Ratchet | 4.25% | 4.25% | 37,924 | 16.95 | 1 | +0.0405% | 1,020.3 |
| Fixed-Floater | 4.80% | 3.77% | 101,668 | 8.38 | 7 | +0.2541% | 1,031.1 |
| Floater | 4.47% | -20.26% | 59,880 | 6.58 | 5 | -0.0313% | 1,037.7 |
| Op. Retract | 4.63% | -0.43% | 80,853 | 2.20 | 17 | +0.0916% | 1,033.1 |
| Split-Share | 5.11% | 2.95% | 142,032 | 2.70 | 8 | -0.0005% | 1,039.3 |
| Interest Bearing | 6.89% | 5.23% | 75,796 | 3.84 | 7 | +0.1265% | 1,025.8 |
| Perpetual-Premium | 5.02% | 3.63% | 251,087 | 4.38 | 51 | +0.0294% | 1,050.4 |
| Perpetual-Discount | 4.57% | 4.58% | 952,037 | 16.28 | 6 | +0.4274% | 1,049.8 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| SLF.PR.C | PerpetualDiscount | +1.2371% | Comes back from yesterday’s swoon to yield 4.53% based on a bid of $24.55 and a limitMaturity. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| POW.PR.D | PerpetualPremium | 104,490 | Now with a pre-tax bid-YTW of 4.36% based on a bid of $26.30 and a call 2014-11-30 at $25.00 |
| CM.PR.I | PerpetualDiscount | 91,905 | Recent new issue, pre-tax bid-YTW now 4.64% based on a bid of $25.26 and a call at $25.00 2016-3-1 |
| W.PR.J | PerpetualPremium | 86,200 | Nesbitt crossed 85,000 at $25.53. Now with a pre-tax bid-YTW of 4.85% based on a call 2008-8-14. An attractive issue, if you don’t mind the usually low volume (averageTradingValue ~ $52,000) and the exclusion from HIMIPref™ recommendations due to the short term of the YTW Scenario |
| SLF.PR.D | PerpetualDiscount | 47,192 | Has been very active! Just for fun, I’ve prepared graphs of volume-average and flatBidPrice since issue, with its twin, SLF.PR.C, as comparator. Price went up a good chunk today, to close at $24.55-65, for a pre-tax bid-YTW of 4.53% based on a limit maturity. |
| GWO.PR.I | PerpetualDiscount | 24,450 | Now with a pre-tax bid-YTW of 4.55% based on a bidof 24.70 and a limit maturity. |
There were five other index-included issues with over 10,000 shares traded today.