Core Viewpoint - Power Solutions International, Inc. has been tentatively named to the Russell 3000, Russell 2000, and Russell Microcap indexes, with final inclusion expected on June 30, 2025, which reflects the company's progress and growing presence in the power systems market [1][5]. Group 1: Company Overview - Power Solutions International, Inc. is a leader in the design, engineering, and manufacture of emission-certified engines and power systems, providing integrated turnkey solutions to global original equipment manufacturers and end-users [8]. - The company specializes in a wide range of applications, including stationary and mobile power generation, data center products, and industrial engine markets, utilizing a fuel-agnostic strategy [9]. Group 2: Index Inclusion Significance - Membership in the Russell 3000 Index means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index, enhancing visibility to institutional and retail investors [2][5]. - The Russell indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [3]. Group 3: Market Context - The Russell US indexes capture the 4,000 largest US stocks ranked by total market capitalization, with the annual reconstitution ensuring accurate representation of the market [2][6]. - The MSCI USA Small Cap Index, which includes PSI, measures the performance of the small-cap segment of the US equity market, representing about 14% of the free float-adjusted market capitalization in the US [4].
Power Solutions International Set to Join Russell 3000®, Russell 2000®, and Russell Microcap® Indexes
Globenewswire·2025-06-09 20:00