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 03/31/2014                                                     
Indicated Yield   9.54%  
     
Average CEF Discount  -3.73%  
     
Index Characteristics    
Average Market Capitalization $1,108,605,562  
Medium Market Capitalization $897,845,978  
Maximum Market Capitalization $3,027,040,939  
Minimum Market Capitalization $488,028,656  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.07   1.55
Leverage     29.05%   11.05%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     57.69%   9.37%
Debt     37.79%   9.78%
Asset Allocation     4.29%   9.78%
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.31%  
 Eaton Vance      23.25%  
 Allianz / Pimco      13.58%  
 Gabelli Funds        8.75%  
 Nuveen        6.12%  
 MFS        4.31%  
 Alpine Woods Capital Investors        4.16%  
 ING        4.14%  
 Legg Mason        3.05%  
 Flaherty & Crumrine        3.03%  
 Cohen & Steers        2.76%  
 Aberdeen        1.61%  
 Wells Fargo        0.92%