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 1/02/2015                                                     
Indicated Yield   9.62%  
     
Average CEF Discount  -9.99%  
     
Index Characteristics    
Average Market Capitalization $1,051,045,987  
Medium Market Capitalization $728,648,865  
Maximum Market Capitalization $2,819,006,592  
Minimum Market Capitalization $478,701,385  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.18 2.80
Leverage     29.50%   19.80%
Overall Credit Rating BB  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     32.88%   10.29%
Debt     67.12%   9.28%
     
 Issuer Allocation    
 Issuer Name  Allocation  

 Eaton Vance

     12.10%  
 Blackrock        9.75%  
 Alpine Woods Capital Investors        8.60%  
 Allianz / Pimco        8.23%  
 Prudential        7.45%  
 MFS        7.33%  
 Legg Mason        6.35%  
 Clough Capital Partners        4.38%  
 Gabelli Funds        4.38%  
 DoubleLine        4.31%  
 First Trust        4.29%  
 Morgan Stanley        4.27%  
 Voya Investments (ING)        4.07%  
 Aberdeen        3.51%  
 Wells Fargo        3.13%  
 Calamos        3.12%%  
 Blackstone/GSO        2.66%  
 Nuveen        1.13%  
 Invesco        0.92%