The series of indexes includes three U.S. large-cap “style” indexes of growth and value stocks — the Dow Jones RBP U.S. Large-Cap Growth Index and the Dow Jones RBP U.S. Large-Cap Value Index — as well as an index that blends growth and value: the Dow Jones RBP U.S. Large-Cap Core Index. Also launched was the Dow Jones RBP U.S. Dividend Index, the first within the Dow Jones RBP Index family to utilize dividends to select and weight companies.  

According to the announcement, the Dow Jones RBP Index family (http://www.djindexes.com/rbp) is a series of quantitative strategy indexes offered by Dow Jones Indexes and Transparent Value LLC, a New York-based asset management and financial information services company.  

Large and actively traded securities are selected to the indexes in part based on their RBP, or Required Business Performance, probabilities. These proprietary probabilities are calculated by taking a reverse discounted cash flow approach to indicate the likelihood that a public company will deliver the business performance necessary to support its current stock price.