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.
Summary Statistics (See Index Holdings Information here)
|As of 06/30/2014|
|Average CEF Discount||-1.95%|
|Average Market Capitalization||$1,149,069,344|
|Medium Market Capitalization||$936,673,309|
|Maximum Market Capitalization||$3,109,951,904|
|Minimum Market Capitalization||$501,570,557|
|Overall Credit Rating||BB+|
|Multi-Asset Class Allocation|
|Allianz / Pimco||13.69%|
|Alpine Woods Capital Investors||4.23%|
|Flaherty & Crumrine||2.98%|
|Cohen & Steers||2.83%|