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.
Summary Statistics (See Index Holdings Information here)
|As of 08/31/2014|
|Average CEF Discount||-2.71%|
|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|
|Overall Credit Rating||BB+|
|Multi-Asset Class Allocation|
|Allianz / Pimco||13.56%|
|Alpine Woods Capital Investors||4.23%|
|Flaherty & Crumrine||2.95%|
|Cohen & Steers||2.81%|