updated 4/20/2011 9:16:58 AM ET 2011-04-20T13:16:58

NEW YORK, April 20, 2011 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the addition of four new indexes to its family of Dow Jones RBP Indexes.

The new series of indexes includes three U.S. large-cap "style" indexes of growth and value stocks -- the Dow Jones RBP U.S. Large-Cap Growth Index and the Dow Jones RBP U.S. Large-Cap Value Index -- as well as an index that blends growth and value: the Dow Jones RBP U.S. Large-Cap Core Index. Also launched was the Dow Jones RBP U.S. Dividend Index, the first within the Dow Jones RBP Index family to utilize dividends to select and weight companies.

The Dow Jones RBP Index family ( www.djindexes.com/rbp ) is a series of quantitative strategy indexes offered by Dow Jones Indexes and Transparent Value LLC, a New York-based asset management and financial information services company.

Large and actively traded securities are selected to the indexes in part based on their RBP, or Required Business Performance, probabilities. These proprietary probabilities are calculated by taking a reverse discounted cash flow approach to indicate the likelihood that a public company will deliver the business performance necessary to support its current stock price. 

"We are extremely pleased to add these four new indexes to the growing Dow Jones RBP Index family," said Michael A. Petronella, President, Dow Jones Indexes. "By strengthening an already-robust index family, Dow Jones Indexes again demonstrates its ability to deliver innovative measurements that market players can strategically employ in their efforts to seek value."

The Dow Jones RBP Indexes are built upon rules-based analytics -- which include RBP probability scores supplied by Transparent Value.

Julian Koski, Managing Director and Co-Chief Executive Officer of Transparent Value, said: "Our collaboration with Dow Jones Indexes continues to produce creative indexing opportunities. By applying the RBP Methodology in constructing the four new indexes, we have provided investors with access to a set of unique indexes spanning the market's most popular style categories."

Each of the new indexes measures 100 U.S. stocks. Equities in the Dow Jones RBP U.S. Large-Cap Growth and the Dow Jones RBP U.S. Large-Cap Value Indexes are selected using RBP probabilities and components from the Dow Jones U.S. Large-Cap Growth Total Stock Market and the Dow Jones U.S. Large-Cap Value Total Stock Market Indexes. The Dow Jones RBP U.S. Large-Cap Core Index measures 50 growth and 50 value stocks based on their style scores and RBP probabilities within their respective universes.

The Dow Jones RBP U.S. Dividend Index consists of large-cap and mid-cap stocks selected on indicated dividend yield and RBP probabilities, and are drawn from all component stocks of the Dow Jones U.S. Large-Cap Total Stock Market Index and the Dow Jones U.S. Mid-Cap Total Stock Market Index at the time of the semi-annual review, respectively.

For information on the creation and maintenance of these indexes, please see the Guide to the Dow Jones U.S. Total Stock Market Indexes, available on the Dow Jones Indexes Web site at www.djindexes.com/totalstockmarket.

The new indexes are reviewed quarterly in March, June, September and December; and regularly for unusual events such as delistings, bankruptcies, mergers and takeovers. Changes to the index composition and related weight adjustments are made as soon as they are effective. These changes are typically announced two business days prior to the implementation date. Selection lists are provided monthly based on end-of-month data.

Journalists may e-mail questions regarding this press release to media@djindexes.com

About Dow Jones Indexes

Dow Jones Indexes is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. and 10 percent by Dow Jones & Company, Inc., a News Corporation company (Nasdaq:NWS), (Nasdaq:NWSA); (ASX:NWS) (ASX:NWSLV).

"Dow Jones®," "Dow Jones Indexes," and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes").

The Dow Jones Indexes logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1289

About Transparent Value

Transparent Value is an asset management and financial information services company. Dow Jones publishes the Dow Jones RBP® Indexes in partnership with Transparent Value. These indexes serve as benchmarks and as the basis of investment products. We offer customized asset management solutions and a suite of decision support tools that are based on our proprietary Required Business Performance® (RBP®) methodology to individual investors and investment institutions worldwide.

"Dow Jones®", "Dow Jones Indexes," "Dow Jones RBP Indexes" and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). "Transparent Value®", "RBP®" and "Required Business Performance®" are registered trademarks of Transparent Value, LLC or one of its subsidiaries. Investment products based on the Dow Jones RBP Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in any of the Dow Jones RBP Indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company.

CONTACT: Dow Jones Indexes press office:
         New York: 
         +1-212-597-5720
         London: 
         +44-20-7796-7247

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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