The Target Mid-Cap 750 Universe is a measurement of the middle capitalization companies in the Target Top 2500 Universe. The Universe is an overlay of the large and small capitalization universes.
Construction/Methodology
Membership
Derived from the Target Top 2500 Universe.
Consists of companies ranked 501 to 1250 by market capitalization in the Top 2500.
Adjustments and Maintenance
The Target Mid-Cap 750 stocks are selected based on their market capitalization as of June of each year.
A security will be excluded from the universe by the month-end following the day it stops trading.
Shares outstanding may be adjusted to reflect corporate events during the quarter; otherwise, shares outstanding are updated once per quarter.
