DALLAS, June 29,
2023 /PRNewswire/ -- NexPoint, a multibillion-dollar
alternative investment platform, today announced that its NexPoint
Diversified Real Estate Trust (NYSE: NXDT) has been added to the
Russell 2000 Russell 3000 indexes following the reconstitution that
took place earlier in the month.
Inclusion in the Russell indexes is determined primarily by
market-capitalization and index membership. The Russell indexes are
reconstituted yearly in June to accurately reflect the current
state of the U.S. equity market. The Russell 2000, a subset of the
Russell 3000, measures performance of the small-cap U.S. equity
market. Stocks listed in the Russell 2000 are automatically
included in the appropriate growth and value style indexes. Russell
indexes are used by investment managers and institutional investors
for index funds and as benchmarks used to measure active investment
strategies. Approximately $12.1
trillion in assets are benchmarked against the Russell U.S.
indexes.
About NexPoint Diversified Real Estate Trust
NexPoint Diversified Real Estate Trust is an externally advised,
publicly traded, diversified real estate investment trust (REIT)
focused on the acquisition, development, and management of
opportunistic and value-add investments throughout the United States across multiple sectors
where NexPoint Advisors, L.P. and its affiliates have operational
expertise. NXDT is externally advised by NexPoint Real Estate
Advisors X, L.P. For more information, please visit
nxdt.nexpoint.com.
CONTACTS
Investor Relations
Kristen
Thomas
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
pro-nexpoint@prosek.com
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SOURCE NexPoint Diversified Real Estate Trust