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 1/31/2015                                                     
Indicated Yield   9.08%  
     
Average CEF Discount  -7.44%  
     
Index Characteristics    
Average Market Capitalization $1,083,561,714  
Medium Market Capitalization $765,062,531  
Maximum Market Capitalization $2,876,291,016  
Minimum Market Capitalization $478,153,656  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.19 2.82
Leverage     29.35%   19.76%
Overall Credit Rating BB  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     32.66%   9.80%
Debt     67.34%   8.73%
     
 Issuer Allocation    
 Issuer Name  Allocation  

 Eaton Vance

     12.00%  
 Blackrock        9.95%  
 Alpine Woods Capital Investors        8.31%  
 Allianz / Pimco        8.13%  
 Prudential        7.67%  
 MFS        7.16%  
 Legg Mason        6.33%  
 Clough Capital Partners        4.77%  
 Gabelli Funds        4.39%  
 DoubleLine        4.38%  
 First Trust        4.32%  
 Morgan Stanley        4.15%  
 Voya Investments (ING)        4.03%  
 Aberdeen        3.53%  
 Wells Fargo        3.13%  
 Calamos        3.04%  
 Blackstone/GSO        2.63%  
 Nuveen        1.16%  
 Invesco        0.92%