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.
| July 2009 | ||||
| Issue | Index | DBRS Rating | Monthly Performance | Notes (“Now” means “July 31”) |
| BAM.PR.K | Floater | Pfd-2(low) | -3.23% | Was the third-worst performer in June. |
| PWF.PR.J | OpRet | Pfd-1(low) | -0.27% | Now with a pre-tax bid-YTW of 3.37% based on a bid of 25.76 and a softMaturity 2013-7-30 at 25.00. |
| CM.PR.A | OpRet | Pfd-1(low) | +0.19% | Now with a pre-tax bid-YTW of –13.74% based on a bid of 25.91 and a call 2009-8-30 at 25.50. Since dividend is $1.325 and CM saves $0.25 p.a. on the redemption price, it will probably survive until softMaturity 2011-7-30, when it will have realized a yield of 3.42% … but you’re taking your chances! |
| BAM.PR.H | OpRet | Pfd-2(low) | +0.28% | Now with a pre-tax bid-YTW of 5.17% based on a bid of 25.50 and a softMaturity 2012-3-30 at 25.00. |
| MFC.PR.A | OpRet | Pfd-1(low) | +0.71% | Now with a pre-tax bid-YTW of 3.82% based on a bid of 25.54 and a softMaturity 2015-12-18 at 25.00. |
| … | … | … | … | … |
| SLF.PR.C | Perpetual-Discount | Pfd-1(low) | +9.25% | Now with a pre-tax bid-YTW of 6.16% based on a bid of 18.31 and a limitMaturity. |
| SLF.PR.D | Perpetua-lDiscount | Pfd-1(low) | +9.62% | Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.35 and a limitMaturity. |
| CIU.PR.A | Perpetual-Discount | Pfd-2(high) | +9.92% | Now with a pre-tax bid-YTW of 5.81% based on a bid of 20.17 and a limitMaturity. Was the fourth-worst performer in June. |
| BNA.PR.C | SplitShare | Pfd-2(low) | +10.65% | Now with a pre-tax bid-YTW of 9.15% based on a bid of 17.76 and a hardMaturity 2019-1-10 at 25.00. Was the best performer in June. |
| TRI.PR.B | Floater | Pfd-2(low) | +10.93% | Moved to Scraps at July rebalancing on volume concerns. Was the worst performer in June. |