MSCI U.S. Small Cap Value Index

Definition

The term MSCI U.S. Small Cap Value Index refers to a composite that includes small cap companies located in the United States with favorable value profiles.  The MSCI U.S. Small Cap Value Index is published and maintained by Morgan Stanley Capital International (MSCI).

Explanation

The MSCI U.S. Small Cap Value Index is a subset of the securities found in the MSCI U.S. Small Cap 1750.  The index is designed to measure the performance of the small capitalization companies in the United States equities market that also exhibit an overall value style. The three variables used when determining if a company exhibits this value style include: book value to price ratio, 12-month forward earnings to price ratio, and dividend to price ratio (dividend yield).

First launched on March 27, 2003, the MSCI U.S. Small Cap Value Index includes companies that are selected based on float-adjusted market capitalization.  All MSCI market capitalization indexes are fully reviewed at the end of May and November.  Partial reviews take place in February and August.  The performance of this index can be monitored via Bloomberg's real time price ticker MZUSSV.

Related Terms

Russell Top 200 Growth, Russell Top 200, Russell Top 50 Mega Cap, MSCI U.S. Small Cap Growth Index