Russell Index Reconstitution is Friday

June is the month when the good people over at Russell Investments undergo what is referred to as the Russell Reconstitution. This means on the last Friday in June all the Russell Indexes (yes there many more than just the Russell 2000) are rebalance and the membership changes around. To keep you from looking at a calendar, that is June 27th this year.   I could drone on about the reconstitution effort in this space or defer to an expert. Ron Bundy is CEO of Russell Indexes (that makes him an expert) and he posted a pretty clever blog about the Russell Reconstitution that can be found at the link below –