DRB NASDAQ US Buyback Achievers Index

The Index is designed to track the performance of US securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months. Eligible securities include common stocks, REITs, and MLPs. The Index Securities are evaluated annually in January. The Index employs a modified market capitalization weighted methodology. At each quarter, the Index is rebalanced such that the maximum weight of any Index Security does not exceed 5%. The excess weight of any capped security is distributed proportionally across the remaining Index Securities.

139.21
As of 05/27/2021


Index Information
Provider:     NASDAQ OMX
Category1:  US Equity
Category2:  Broad Market
Category3:  Multi-cap
Country:      USA
Currency:    USD
Inception date:  12/20/2006
Backtesting data exists:   Yes
Weighting methodology:   Market capitalization
Number of holdings:  128  (as of 11/18/2018)
Rebalanced:  Quarterly
Reconstituted:  Annually
Total return version:  DRBN


As explained in what is an index, there is no universal system of giving an index a symbol. You can search for indexes using our index symbol lookup.

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy