Transcontinental Realty Investors, Inc. Included in Russell 3000 Fund
August 01 2017 - 8:00AM
Business Wire
CEO and President Daniel J. Moos announces that Transcontinental
Realty Investors Inc. (NYSE: TCI) has now been added to the Russell
3000 small cap US Equity Index.
Russell Indexes are widely used by investment managers and
institutional investors for both index funds and as benchmarks for
passive and active investment strategies. The annual reconstitution
of the Russell 3000 captures the 3,000 largest U.S. stocks, ranking
them by total market capitalization.
“We are proud of our recent inclusion in the Russell 3000, which
reflects our continued positive momentum,” said CEO and President
Daniel J. Moos. “Russell is an industry leader for stock indexes,
and we expect our participation will generate broader interest in
our stock, which is beneficial to all shareholders.”
Russell Investments is a global investment company with $258
billion in assets under management as of December 31, 2016. Russell
serves individual, institutional, and advisor clients, operating
globally with 21 offices, and provides investment solutions
including mutual funds, retirement investments, institutional asset
management, implementation services and global stock market
indexes.
Transcontinental Realty Investors
(www.transconrealty-invest.com) maintains a strong emphasis on
creating greater shareholder value through acquisition, financing,
operation, developing, and the selective sale of real estate across
selective geographic regions in the United States. A New York Stock
Exchange company, Transcontinental is traded under the symbol
"TCI." Transcontinental produces revenue through the professional
management of apartments, office buildings, and select parcels of
land that can be readily developed in the near term. Value is added
under Transcontinental ownership, and the properties are
repositioned into higher classifications through physical
improvements and improved management. Transcontinental also
develops new properties, such as luxury apartment homes principally
on land it owns or acquires.
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version on businesswire.com: http://www.businesswire.com/news/home/20170801005442/en/
Pillar Income Asset ManagementChris Childress,
469-522-4275press@pillarincome.com
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