On June 30, 2025, Madison Square Garden Sports Corp. (MSGS) was added to the Russell 1000 Value-Defensive Index and the Russell 1000 Defensive Index. This reclassification reflects a shift in how the company's investment profile is categorized within major market indices.
Concurrently, MSGS was dropped from several growth-oriented indices, including the Russell 3000E Growth Index, Russell 2500 Growth Index, Russell Midcap Growth Index, Russell 1000 Growth Index, Russell 3000 Growth Index, and Russell Small Cap Comp Growth Index.
These changes in index inclusion can impact institutional investment strategies, as many passive and active funds are mandated to track specific indices. The move from growth to value/defensive categories suggests a revised market perception of MSGS's growth prospects and risk profile.
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