Friday September 20 2013
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
NYSE Euronext has announced the launch of the NYSE® Diversified High Income Index (NYDVHI), a new index designed to measure the performance of a broad, diversified basket of 138 publicly-traded securities that provide exposure to multiple asset classes, sectors and segments that historically pay high dividends or distributions.
The NYSE® Diversified High Income Index constituents must satisfy certain dividend yield and frequency criteria, liquidity criteria and other eligibility requirements. The index’s features and construction seek to highlight yield, while the diversification of the index constituent sectors seeks to minimize volatility.
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