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 03/31/2014|
|Average CEF Discount||-3.73%|
|Average Market Capitalization||$1,108,605,562|
|Medium Market Capitalization||$897,845,978|
|Maximum Market Capitalization||$3,027,040,939|
|Minimum Market Capitalization||$488,028,656|
|Overall Credit Rating||BB+|
|Multi-Asset Class Allocation|
|Allianz / Pimco||13.58%|
|Alpine Woods Capital Investors||4.16%|
|Flaherty & Crumrine||3.03%|
|Cohen & Steers||2.76%|