How is the Index maintained?
The DASI Index Committee reconstitutes the Index every year on the first business day in February in conjunction with the reconstitution schedule of the Dividend AchieversTM. The Index is reconstituted again on the first business day in August following reconstitution of the LCS. Changes to Index constituents from corporate actions are handled on a case-by-case basis. KLD may remove a company at any time for reasons related to its ESG performance. Companies that fail to increase their cash dividend are removed at February reconstitution. Companies removed from the DASI between reconstitutions are not replaced and all Index additions occur only at reconstitution. The Committee makes the final decision on all changes to the Index related to ESG screens.
