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NexPoint Residential Trust and Meritor Set to Join S&P SmallCap 600

December 30, 2019 GMT

NEW YORK, Dec. 30, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, January 6:

NexPoint Residential Trust is a publicly traded REIT primarily focused on “value-add” multifamily investments primarily located in the Southeastern and Southwestern United States. Headquartered in Dallas, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Residential REITs Sub-Industry index.

Meritor is a global supplier of a broad range of integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. Headquartered in Troy, MI, the company will be added to the S&P SmallCap 600 GICS Construction Machinery & Heavy Trucks Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – January 6, 2020


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

NexPoint
Residential Trust

Real Estate

Residential REITs


Meritor

Industrials

Construction Machinery &
Heavy Trucks

DELETED

Avon Products

Consumer Staples

Personal Products


The Medicines
Company

Health Care

Biotechnology

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

Index Governance Inquiries
IGCC@spglobal.com

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SOURCE S&P Dow Jones Indices