Seven Hills Realty Trust to be Added to the Russell 3000® Index

Rhea-AI Summary

Seven Hills Realty Trust (Nasdaq: SEVN) announced its inclusion in the Russell 3000® Index, effective after market close on June 28, 2024. This addition follows the annual reconstitution of the Russell U.S. Indexes. The preliminary list of additions was posted by FTSE Russell on June 21, 2024. The inclusion is expected to increase visibility and potentially attract more investment, as the Russell 3000® Index represents a broad segment of the U.S. stock market.

Positive

• Inclusion in the Russell 3000® Index may increase visibility for SEVN.
• Potential for attracting more institutional investments due to index inclusion.

Negative

• None.

Effective After Market Close on June 28, 2024

NEWTON, Mass.--(BUSINESS WIRE)-- Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will be added to the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective after market close of the U.S. equity markets on Friday, June 28, 2024, according to a preliminary list of additions posted by FTSE Russell on June 21, 2024.

About the Russell U.S. Indexes

The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market capitalization rankings, and style attributes.

The Russell 3000® Index measures the performance of the largest 3,000 U.S. companies representing approximately 96% of the investable U.S. equity market, as of the most recent reconstitution. The Russell 3000 Index is constructed to provide a comprehensive, unbiased and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are included.

About Seven Hills Realty Trust

Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240623984141/en/

Stephen Colbert, Director, Investor Relations

(617) 796-8253

www.sevnreit.com

Source: Seven Hills Realty Trust

FAQ

When will Seven Hills Realty Trust (SEVN) be added to the Russell 3000® Index?

Seven Hills Realty Trust (SEVN) will be added to the Russell 3000® Index effective after market close on June 28, 2024.

What is the significance of Seven Hills Realty Trust (SEVN) being added to the Russell 3000® Index?

Being added to the Russell 3000® Index increases the visibility of Seven Hills Realty Trust (SEVN) and can potentially attract more institutional investment.

When was the preliminary list of additions to the Russell 3000® Index posted by FTSE Russell?

The preliminary list of additions to the Russell 3000® Index was posted by FTSE Russell on June 21, 2024.

How does the inclusion in the Russell 3000® Index affect Seven Hills Realty Trust (SEVN)?

Inclusion in the Russell 3000® Index is likely to increase the visibility of Seven Hills Realty Trust (SEVN) and may attract more institutional investment.