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 06/30/2014                                                     
Indicated Yield   9.04%  
     
Average CEF Discount  -1.95%  
     
Index Characteristics    
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  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       5.32   2.03
Leverage     28.05%   10.68%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     57.71%   8.84%
Debt     38.09%   9.28%
Asset Allocation     4.20%   9.57% 
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.28%  
 Eaton Vance      23.09%  
 Allianz / Pimco      13.69%  
 Gabelli Funds        8.74%  
 Nuveen        6.18%  
 MFS        4.35%  
 Alpine Woods Capital Investors        4.23%  
 ING        4.05%  
 Legg Mason        3.07%  
 Flaherty & Crumrine        2.98%  
 Cohen & Steers        2.83%  
 Aberdeen        1.59%  
 Wells Fargo        0.91%