Market Capitalization Ranges Russell U.S. Equity Indexes
Index membership and rankings are determined using total market capitalizations as of May 30, 2008.
Market Capitalization (in millions)
Securities Hi Lo
U.S. Indexes Russell 3000® $468,981 $167 Russell 1000® $468,981 $1,363 Russell 2000® $2,751 $167 Russell 2500™ $6,819 $167
The market capitalization ranges in the above table reflect the market capitalization of existing members grandfathered into the index for which they are current members (often referred to as banding). New entries to the Russell indexes, such as IPOs or companies who have grown large enough for inclusion, are subject to the following market capitalization ranges to determine membership in the various capitalization indexes (in millions): Russell Top 200 ($468,981 - $16,769), Russell 1000 ($468,981 - $2,451), Russell Midcap ($16,769 - $2,451) and the Russell 2000 ($2,451 - $167).
Minimum Market Capitalization Estimates for 2008 & TIV/Russell 'Actual'
$185.88MM -- jonesie $171.63MM -- TIV Actual $171.00MM -- ITG $167.00MM -- ACTUAL RUSSELL MIN. MKT. CAP FOR R2000/R3000 $165.00MM -- Melissa Roberts $165.00MM -- JPMorgan
Melissa Roberts' and JPMorgan's estimates were the closest.
I was the farthest away LOL.
Hard to believe the min. mkt. cap. required to be in the Russell 2000/3000 tanked 36% year-over-year .... but it did!
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