BETHESDA, Md., March 17, 2011 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company") announced today that it was included on the preliminary list of IPO additions to the Russell 2000 and Russell 3000 indexes effective March 31, 2011.
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"We are very pleased to be added to the Russell 2000 and Russell 3000 indexes following our successful IPO in December 2010," said Willy Walker, Chairman, President and Chief Executive Officer of Walker & Dunlop. "We believe our inclusion in these indexes will help increase visibility with investors and institutions that rely on the Russell indexes as part of their investment strategy, providing us with the opportunity to expand our shareholder base."
The Russell 3000 index measures the stock performance of the 3,000 largest U.S. companies based on total market capitalization. The Russell 2000 index is a subset of the Russell 3000 and measures the performance of the 2,000 smallest companies in the Russell 3000 index. Members of the Russell 2000 and 3000 are also included in the Russell Global Index. These indexes are reconstituted annually in June.
The Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. Today, Russell provides the leading U.S. equity index family for institutional investors with over $3.9 trillion in investment assets benchmarked against them. Russell's global indexes offer an objective and transparent way to accurately measure distinct segments of the global market. Approximately 10,000 companies or 98% of companies globally find their place in this benchmark.
About Walker & Dunlop
Through its subsidiary Walker & Dunlop, LLC, Walker & Dunlop, Inc. (NYSE: WD) is one of the leading providers of commercial real estate financial services in the United States, with a primary focus on multifamily lending. As a Fannie Mae DUS™, Freddie Mac Program Plus® and MAP- and LEAN-approved FHA lender, the Multifamily and FHA Finance groups of Walker & Dunlop are focused on lending to property owners, investors, and developers of multifamily properties across the country. The Capital Markets group specializes in financing commercial real estate for owners and investors across the United States. Capital for this financing comes from large institutions such as life insurance companies, commercial banks, CMBS lenders, pension funds, and specialty finance companies. The Principal Investment group provides institutional advisory, asset management, and investment management services with respect to debt, structured debt and equity.
SOURCE Walker & Dunlop
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