ETF Ventures

ISE High Income Index (YLDA)

Index Description

The ISE High Income™ Index has been created to provide investors with a product allowing them to quickly take advantage of both event-driven news and long term trends of the U.S. Closed-End Fund marketplace. The Index looks to capture the top 30 closed-end funds as determined by a multivariate ranking scheme.

The ISE High Income index has been licensed to YieldShares as the basis for a new ETF. To learn more about YieldShares and the ETF, please visit www.yieldshares.com

Index Information

Summary Statistics (See Index Holdings Information here)

As of 3/31/2015                                                     
Indicated Yield   9.62%  
     
Average CEF Discount  -8.41%  
     
Index Characteristics    
Average Market Capitalization $1,087,384,100  
Medium Market Capitalization $753,849,121  
Maximum Market Capitalization $2,933,575,439  
Minimum Market Capitalization $481,439,941  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       3.90 2.60
Leverage     29.02%  19.35%
Overall Credit Rating B  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     33.33%   10.10%
Debt     66.67%   9.37%
     
 Issuer Allocation    
 Issuer Name  Allocation  

 Eaton Vance

     12.41%  
 Blackrock      10.05%  
 Alpine Woods Capital Investors        8.63%  
 Allianz / Pimco        8.13%  
 Prudential        7.52%  
 MFS        7.19%  
 Legg Mason        6.33%  
 Clough Capital Partners        4.32%  
 Gabelli Funds        4.42%  
 DoubleLine        4.33%  
 First Trust        4.35%  
 Morgan Stanley        3.84%  
 Voya Investments (ING)        4.10%  
 Aberdeen        3.43%  
 Wells Fargo        3.10%  
 Calamos        3.09%  
 Blackstone/GSO        2.68%  
 Nuveen        1.15%  
 Invesco        0.94%