NEW YORK, Feb. 20, 2019 /PRNewswire/ -- S&P Dow Jones Indices is updating the market capitalization eligibility criteria for new additions to the S&P Composite 1500 Indices. Effective today, February 20, 2019 the size ranges will be updated as follows.

In consideration of overall market conditions, the Index Committee believes a minimum threshold of $8.2 billion for the S&P 500 is appropriate. This represents the top 85% of the total unadjusted company market capitalization of the S&P US Total Market Index. While this change in the S&P 500 range is larger than past adjustments, it also incorporates client feedback and removes the overlap in ranges between the S&P 500, S&P MidCap 400, and S&P SmallCap 600.

As a reminder, the market capitalization eligibility criteria is for additions. The addition criteria are for addition to an index, not for continued membership. As a result, an index constituent that appears to violate criteria for addition to that index is not deleted unless ongoing conditions warrant an index change.

A history of market cap ranges dating back to 2007 can be found in Appendix A of the U.S. Indices methodology. Please visit our website www.spdji.com for further details.

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FOR MORE INFORMATION:

David Blitzer

Managing Director and Chairman of the Index Committee 
New York, USA 
(+1) 212 438 3907 
david.blitzer@spglobal.com

S&P Dow Jones Indices
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