Blue Bird Set to Join Russell Indexes
Staff Report From Middle Georgia CEO
Monday, June 29th, 2015
Blue Bird Corporation the leading independent designer and manufacturer of school buses, announced it will join a number of Russell Indexes today, according to a preliminary list of additions posted June 12 on www.russell.com.
Phil Horlock, President and Chief Executive Officer of Blue Bird Corporation commented, “We are very pleased to join the Russell family of indexes. The inclusion of Blue Bird in the Russell 2000, Russell 3000, Russell Global and Russell Microcap indexes is an important milestone for our company. It represents a significant opportunity to increase our visibility within the investment community.”
FTSE Russell determines membership for its Russell indexes primarily based on objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Approximately $5.7 trillion in assets are benchmarked to Russell U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell reconstitution, go to the “2015 Index Reconstitution” section on the FTSE Russell website.