Russell Investments will add 10 IPOs to the U.S. broad-market Russell 3000 index after the markets close on Sept. 30.
Of those, nine qualify for the U.S. small-cap Russell 2000 index: Cypress Sharpridge Investments, Government Properties Income Trust, Invesco Mortgage Capital, PennyMac Mortgage Investment Trust, Starwood Property Trust, Cumberland Pharmaceuticals, Medidata Solutions, LogMeIn and Territorial Bancorp, according to Russell spokeswoman Stephanie Lowenthal.
Emdeon will qualify for the U.S. large-cap Russell 1000 index.
All 10 U.S.-based IPOs and another 22 outside the U.S. are also slated for addition to the Russell Global index on Sept. 30, according to Ms. Lowenthal.
