This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NASDAQ OMX Commemorates Six Months Of Ownership Of The NASDAQ Dividend Achievers Indexes

NEW YORK, July 2, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today commemorates the six-month anniversary of the ownership of the NASDAQ Dividend and Income Index Family, which has seen assets under management (AUM) on products linked to the Family increase 34.7 percent, to $19.0 billion from $14.1 billion, since it was acquired from Mergent, Inc. in December 2012 and subsequently expanded with two additional indexes. Assets benchmarked to the NASDAQ Dividend and Income Index Family reached an all-time high of $19.4 billion on June 18, 2013 since NASDAQ OMX purchased the suite of indexes in December 2012.

With the acquisition of the Dividend Achievers, NASDAQ OMX Global Indexes has catapulted into one of the largest providers of dividend indexes in the world, based on benchmarked assets.

The NASDAQ Dividend and Income Index Family tracks income-generating securities with components such as dividends, buybacks, covered call strategies, preferred stocks and other diversified income approaches. The Dividend Achievers, a leading brand of indexes that benchmark companies with strong long-term dividend growth, were acquired from Mergent, Inc. in December 2012.

According to a recent report from independent global investment manager BlackRock Inc., dividend income equity products have seen flows of more than $10 billion year-to-date.

"The Dividend Achiever and other Dividend and Income family indexes help investors track companies and trading strategies positioned to produce yield in this continued low-rate environment," said Dave Gedeon, Managing Director at NASDAQ OMX Global Indexes. "NASDAQ is continually working to improve its dividend and income family of indexes to aid the investment community in benchmarking this increasingly important space."

The indexes in the NASDAQ Dividend and Income Index Family have all been created or revised with rules-based methodologies for transparent and objective calculation.

Products currently benchmarked to the NASDAQ Dividend and Income Index Family include:

   
ETF NAME INDEX TICKER
Vanguard Dividend Appreciation ETF NASDAQ Dividend Achievers Select Index VIG
First Trust NASDAQ Technology Dividend Index Fund NASDAQ US Technology Dividend Index TDIV
First Trust Multi-Asset Diversified Income Index Fund NASDAQ US Multi-Asset Diversified Income Index MDIV
PowerShares Dividend Achievers Portfolio NASDAQ US Broad Dividend Achievers Index PFM
PowerShares Buyback Achievers Portfolio NASDAQ Buyback Achievers Index PKW
PowerShares High Yield Equity Dividend Achievers Portfolio NASDAQ Dividend Achievers 50 Index PEY
PowerShares International Dividend Achievers Portfolio NASDAQ International Dividend Achievers Index PID
PowerShares 1-30 Laddered Treasury Portfolio NASDAQ/Ryan 1-30 Laddered Treasury Index PLW
PowerShares Canadian Preferred Share Index ETF NASDAQ Select Canadian Preferred Share Index PPS
PowerShares Canadian Dividend Index ETF NASDAQ Select Canadian Dividend Achievers Index PDC
The Gold Shares Covered Call Exchange Traded Notes Credit Suisse NASDAQ Gold FLOWS TM 103 Index GLDI
The Silver Shares Covered Call Exchange Traded Notes Credit Suisse NASDAQ Silver FLOWS TM 106 Index SLVO

In addition, NASDAQ OMX is pleased to announce the appointment of David Krein as Managing Director of NASDAQ Global Indexes. David's appointment as the leader of NASDAQ OMX's index research team further strengthens NASDAQ OMX's position as a leading global indexer. David was previously Senior Director of Product Development and Analytics for Dow Jones Indexes.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs