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:
|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 FLOWSTM 103 Index||GLDI|
|The Silver Shares Covered Call Exchange Traded Notes||Credit Suisse NASDAQ Silver FLOWSTM 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.
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook ( http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the NASDAQ Dividend and Income Index Family, as well as NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
NASDAQ® and Dividend Achievers® are registered trademarks of NASDAQ OMX and are licensed for use by Vanguard, First Trust and PowerShares, as applicable, for the ETFs set forth above. These ETFs have not been passed on by NASDAQ OMX as to their legality or suitability, and they are not issued or sold by NASDAQ OMX. NASDAQ OMX makes no warranties and bears no liability with respect to the ETFs.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. NASDAQ OMX makes no recommendation to buy or sell any financial product nor any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Source:The NASDAQ OMX Group, Inc.