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 11/30/2014                                                     
Indicated Yield   9.64%  
     
Average CEF Discount  -3.03%  
     
Index Characteristics    
Average Market Capitalization $1,094,186,611  
Medium Market Capitalization $883,774,017  
Maximum Market Capitalization $2,993,875,244  
Minimum Market Capitalization $444,236,389  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.44   1.70
Leverage     32.46%   12.45%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     57.47%   9.63%
Debt     38.36%   9.59%
Asset Allocation     4.17%   10.18% 
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.09%  
 Eaton Vance      23.75%  
 Allianz / Pimco      13.58%  
 Gabelli Funds        7.83%  
 Nuveen        6.38%  
 MFS        4.41%  
 Alpine Woods Capital Investors        4.34%  
 ING        4.04%  
 Legg Mason        3.31%  
 Flaherty & Crumrine        2.98%  
 Cohen & Steers        2.84%  
 Aberdeen        1.55%  
 Wells Fargo        0.90%