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 08/31/2014                                                     
Indicated Yield   9.04%  
     
Average CEF Discount  -2.71%  
     
Index Characteristics    
Average Market Capitalization $1,143,080,029  
Medium Market Capitalization $949,026,062  
Maximum Market Capitalization $3,117,489,502  
Minimum Market Capitalization $505,659,424  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.07   1.54
Leverage     29.20%   11.00%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     58.03%   8.77%
Debt     37.68%   9.41%
Asset Allocation     4.29%   9.41% 
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.11%  
 Eaton Vance      23.41%  
 Allianz / Pimco      13.56%  
 Gabelli Funds        8.75%  
 Nuveen        6.28%  
 MFS        4.39%  
 Alpine Woods Capital Investors        4.23%  
 ING        3.98%  
 Legg Mason        3.08%  
 Flaherty & Crumrine        2.95%  
 Cohen & Steers        2.81%  
 Aberdeen        1.55%  
 Wells Fargo        0.90%