2015 Russell Reconstitution Begins

FTSE Russell, the global index provider, will begin its annual Russell Indexes reconstitution today, after the market closes, in a process that will reflect additions and deletions of specific companies.

Last year, the company added 157 names and deleted 93 from its Russell 3000 Index, which represents 98 percent of the U.S. investable equity universe. The benchmark also saw its combined capitalization of stocks increase nearly 25 percent to $19.7 trillion due to market performance, Russell said.

The reconstitution involves changes to the Russell Global, the Russell MicroCap, Russell MidCap and the Russell 1000 and 2000 indexes, as well.

The schedule of the process is as follows:

• June 12: Preliminary additions and deletions for Russell Global, Russell 3000 and Russell Microcap Indexes
• June 19 & 26: Updates to the list of additions and deletions
• June 29: Final membership lists posted for Russell Global, Russell 3000, Russell 1000, Russell 2000, Russell Midcap and Russell Microcap indexes

Russell will publish all the relevant lists at 6 p.m. Eastern time (3 p.m. PT).