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 07/31/2014                                                     
Indicated Yield   9.24%  
     
Average CEF Discount  -4.02%  
     
Index Characteristics    
Average Market Capitalization $1,105,720,316  
Medium Market Capitalization $909,466,370  
Maximum Market Capitalization $3,039,099,854  
Minimum Market Capitalization $493,609,314  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       4.06   1.54
Leverage     29.17%   11.06%
Overall Credit Rating BB+  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     57.87%   9.01%
Debt     37.91%   9.55%
Asset Allocation     4.21%   9.77% 
     
 Issuer Allocation    
 Issuer Name  Allocation  
 Blackrock      24.26%  
 Eaton Vance      23.34%  
 Allianz / Pimco      13.46%  
 Gabelli Funds        8.62%  
 Nuveen        6.30%  
 MFS        4.39%  
 Alpine Woods Capital Investors        4.22%  
 ING        4.10%  
 Legg Mason        3.07%  
 Flaherty & Crumrine        2.96%  
 Cohen & Steers        2.78%  
 Aberdeen        1.58%  
 Wells Fargo        0.91%