One Addition/One Deletion in S-Network Emerging Sector Dividend Dogs Index Quarterly Rebalancing
New York, NY, September 7, 2016 – The S-Network Emerging Sector Dividend Dogs Index (Ticker: EDOGX) will drop one constituent in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, September 18, 2016. One stock will be added, maintaining the number of index components at 50.
The addition to EDOGX is MEGAFON-REGS GDR (TICKER: MFON LI).
The deletion from EDOGX is TURKCELL ILETISIM HZM. (TICKER: TCELL TI).
EDOGX is a portfolio of up to fifty stocks derived from the S-Network Emerging Markets Liquid 500 Index (SNX500). The EDOGX methodology selects the five stocks in each of the ten GICS sectors that make up the SNX500 which offer the highest dividend yields as of the last trading day of November.
EDOGX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. Information about the index, including rules, historic return data, index fact sheets and presentations can be found at www.sectordividenddogs.com.
Index: S-Network Emerging Sector Dividend Dogs Price Index TICKER: EDOGX
Index: S-Network Emerging Sector Dividend Dogs Total Return Index TICKER: EDOGXTR
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...
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