• S-Network Global Indexes
  • Posted September 16, 2016

Three Additions/Two Deletions in S-Network ADR Dividend Index Quarterly Rebalancing

New York, NY, September 16, 2016 – The S-Network ADR Dividend Index (Ticker: ADRDX) will add three constituents in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, September 18, 2016. Two constituents will be removed, changing the number of index components to 50.

The additions to ADRDX are Gazprom PAO -SPON ADR (TICKER: OGZD US), British American Tobacco Plc ADR (TICKER: BTI UA), and Marks & Spencer Group PLC ADS (TICKER: MAKSY US).

The deletions from ADRDX are Ecopetrol SA ADR (TICKER: EC UN) and ITV PCL ADS (TICKER: ITVPY US).

 

The ADRDX is a portfolio of fifty stocks derived from the BNY Mellon Composite Depository Receipt Index (ADR Index). The ADRDX methodology selects the five stocks in each of the ten GICS sectors that make up the ADR Index which offer the highest dividend yields as of the last trading day of May

 

ADRDX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. The index rules and methodology can be found by clicking here.

 

Index: S-Network ADR Dividend Index TICKER: ADRDX

 

 

Index: S-Network ADR Dividend Total Return Index TICKER: ADRDXTR