Blackbaud Set to Join S&P MidCap 400; National Storage Affiliates Trust to Join S&P SmallCap 600


NEW YORK, June 26, 2017 — S&P SmallCap 600 constituent Blackbaud Inc. (NASD: BLKB) will replace CST Brands Inc. (NYSE: CST) in the S&P MidCap 400, and National Storage Affiliates Trust (NYSE: NSA) will replace Blackbaud in the S&P SmallCap 600 effective prior to the open on Thursday, June 29. Alimentation Couche-Tard Inc. is acquiring CST Brands in a deal expected to be completed soon pending final closing conditions.

Blackbaud provides cloud software solutions to nonprofits, foundations, corporations, education institutions, healthcare organizations, and other charitable giving entities. Headquartered in Charleston, SC, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.

National Storage Affiliates, a real estate investment trust (REIT), engages in ownership, operation, and acquisition of self-storage facilities. Headquartered in Greenwood Village, CO, the company will be added to the S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – June 29, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Blackbaud

Information Technology

Application Software

DELETED

CST Brands

Consumer Discretionary

Automotive Retail

S&P SMALLCAP 600 INDEX – June 29, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

National Storage
Affiliates

Real Estate

Specialized REIT’s

DELETED

Blackbaud

Information Technology

Application Software

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications 
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee 
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blackbaud-set-to-join-sp-midcap-400-national-storage-affiliates-trust-to-join-sp-smallcap-600-300479970.html

SOURCE S&P Dow Jones Indices

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