Seattle, Washington (PRWEB) June 27, 2013
Tableau Software (NYSE: DATA) today announced that the Company will join the Russell Global Index and the Russell 3000 Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 28, 2013 according to a preliminary list of additions posted June 21, 2013 on http://www.russell.com/indexes.
Membership in the Russell Global Index, which remains in place for one year, means automatic inclusion in the appropriate large-cap, small-cap, all-cap indexes as well as the applicable style, sector and country indexes. Russell determines membership for its equity indexes primarily by 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 both passive and active investment strategies. Approximately $4.1 trillion in assets currently are benchmarked to them.
The Russell Global Index, which captures approximately 98% of investable securities globally, is reconstituted annually and all sub-indexes are recalibrated simultaneously to accurately measure current market realities for each market segment. The broad-market Russell 3000 Index serves as the U.S. component to the Russell Global Index.
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