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 2/28/2015                                                     
Indicated Yield   9.42%  
     
Average CEF Discount  -9.08%  
     
Index Characteristics    
Average Market Capitalization $1,091,659,714  
Medium Market Capitalization $758,420,013  
Maximum Market Capitalization $2,945,635,742  
Minimum Market Capitalization $486,855,408  
     
Fixed Income    
Characteristics Debt Only Index
Overall Duration       3.93 2.62
Leverage     29.28%   19.52%
Overall Credit Rating B  
     
Multi-Asset Class Allocation    
Asset Class Allocation Yield
Equity     33.35%   9.90%
Debt     66.65%   9.19%
     
 Issuer Allocation    
 Issuer Name  Allocation  

 Eaton Vance

     12.24%  
 Blackrock      10.06%  
 Alpine Woods Capital Investors        8.49%  
 Allianz / Pimco        8.00%  
 Prudential        7.62%  
 MFS        7.13%  
 Legg Mason        6.26%  
 Clough Capital Partners        4.71%  
 Gabelli Funds        4.33%  
 DoubleLine        4.28%  
 First Trust        4.25%  
 Morgan Stanley        4.16%  
 Voya Investments (ING)        4.10%  
 Aberdeen        3.47%  
 Wells Fargo        3.12%  
 Calamos        3.10%  
 Blackstone/GSO        2.64%  
 Nuveen        1.13%  
 Invesco        0.92%