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 5/31/2015                                                     
Indicated Yield   9.57%  
     
Average CEF Discount  -10.02.%  
     
Index Characteristics    
Average Market Capitalization $1,090,179,948  
Medium Market Capitalization $743,169,342  
Maximum Market Capitalization $3,008,949,951  
Minimum Market Capitalization $485,816,162  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       3.86 2.56
Leverage     29.03%  19.24%
Overall Credit Rating B-  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     33.71%   9.89%
Debt     66.29%   9.41%
     
 Issuer Allocation    
 Issuer Name  Allocation  

 Eaton Vance

     12.47%  
 Blackrock      10.21%  
 Alpine Woods Capital Investors        8.68%  
 Allianz / Pimco        7.95%  
 Prudential        7.32%  
 MFS        7.25%  
 Legg Mason        6.33%  
 Clough Capital Partners        4.47%  
 Gabelli Funds        4.44%  
 DoubleLine        4.39%  
 First Trust        4.22%  
 Morgan Stanley        4.16%  
 Voya Investments (ING)        3.78%  
 Aberdeen        3.37%  
 Wells Fargo        3.14%  
 Calamos        3.07%  
 Blackstone/GSO        2.66%  
 Nuveen        1.16%  
 Invesco        0.95%