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 09/30/2014                                                     
Indicated Yield   9.48%  
     
Average CEF Discount  -4.45%  
     
Index Characteristics    
Average Market Capitalization $1,088,270,207  
Medium Market Capitalization $912,379,700  
Maximum Market Capitalization $3,002,920,166  
Minimum Market Capitalization $474,011,993  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.05   1.53
Leverage     29.03%   10.95%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     57.98%   9.23%
Debt     37.72%   9.81%
Asset Allocation     4.31%   9.85% 
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.11%  
 Eaton Vance      23.85%  
 Allianz / Pimco      13.20%  
 Gabelli Funds        8.29%  
 Nuveen        6.29%  
 MFS        4.44%  
 Alpine Woods Capital Investors        4.27%  
 ING        4.05%  
 Legg Mason        3.10%  
 Flaherty & Crumrine        3.01%  
 Cohen & Steers        2.90%  
 Aberdeen        1.57%  
 Wells Fargo        0.90%