S&P 400

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The S&P MidCap 400 Index, more commonly known as the S&P 400, is a stock market index from S&P Dow Jones Indices. The index serves as a barometer for the U.S. mid-cap equities sector and is the most widely followed mid-cap index in existence. To be included in the index, a stock must have a total market capitalization that ranges from roughly $750 million to $3.3 billion.[1]

It has set a series of all-time highs since the Federal Reserve announced its third round of recent quantitative easing in mid-September 2012. At the weekly and monthly close of November 30, 2012, the index settled at the 1,000 point mark, and it has continued to rise in early 2013, setting new records above 1,200 by mid-May.

Its current record close is 1,257.39, set on September 18, 2013.

Its current all-time intraday high is 1,261.18, reached on August 1, 2013.

Investing[edit]

The following exchange-traded funds (ETFs) attempt to track this index and sub-indexes:

Versions[edit]

The "S&P 400" generally quoted is a price return index; there are also "total return" and "net total return" versions of the index. These versions differ in how dividends are accounted for. The price return version does not account for dividends; it only captures the changes in the prices of the index components. The total return version reflects the effects of dividend reinvestment. Finally, the net total return version reflects the effects of dividend reinvestment after the deduction of withholding tax.

Annual Returns[edit]

[4]

Year Total Return Price Return Net Total Return
2013 33.50% 31.57% 32.92%
2012 17.18% 16.07% 17.33%
2011 -1.73% -3.01% -2.14%
2010 26.64% 24.85% 26.10%
2009 37.78% 35.00% 36.66%
2008 -36.23% -37.28% -36.55%
2007 7.98% 6.69% N/A
2006 10.32% 8.99% N/A
2005 12.56% 11.27% N/A
2004 16.48% 15.16% N/A

Components[edit]

See also[edit]

References[edit]

External links[edit]