Editing Russell Indexes (section)

==Construction methodology==
The Russell indexes are objectively constructed based on transparent rules. The broadest U.S. Russell Index is the Russell 3000E Index which contains the 4,000 largest (by [[market capitalization]]) companies incorporated in the U.S., plus (beginning with the 2007 reconstitution) companies incorporated in an offshore financial center that have their headquarters in the U.S.; a so-called "benefits-driven incorporation". If 4,000 eligible securities do not exist in the U.S. market, the entire eligible set is included.  Each Russell Index is a subset of the Russell 3000E Index and broken down by market capitalization and style. The members of the Russell 3000E Index and its subsets are determined each year during annual reconstitution and enhanced quarterly with the addition of [[initial public offering]]s (IPOs). The Russell 3000E Index represents approximately 99 percent of the U.S. equity market. Russell excludes stocks trading below $1, stocks that trade on the [[OTC Markets Group|pink sheets]] and [[OTC Bulletin Board]], closed-end mutual funds, limited partnerships, [[royalty trust]]s, non-U.S. incorporated stocks (other than the benefits driven incorporations described above), foreign stocks, and [[American Depositary Receipt]]s (ADRs).