Latest news with #Russell1000Index
Yahoo
2 hours ago
- Business
- Yahoo
CACI Closes $1.0 Billion Upsized Offering of 6.375% Senior Notes
RESTON, Va., June 02, 2025--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) today announced it closed a $1.0 billion offering of 6.375% unsecured senior notes due in 2033. CACI used proceeds from the notes offering to partially repay amounts outstanding under its revolving credit facility. About CACI At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™ list of largest companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at Forward-Looking Statements There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof. View source version on Contacts Corporate Communications and Media:Lorraine CorcoranExecutive Vice President, Corporate Communications(703) 434-4165, Investor Relations:George PriceSenior Vice President, Investor Relations(703) 841-7818,
Yahoo
2 hours ago
- Business
- Yahoo
CACI Closes $1.0 Billion Upsized Offering of 6.375% Senior Notes
RESTON, Va., June 02, 2025--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) today announced it closed a $1.0 billion offering of 6.375% unsecured senior notes due in 2033. CACI used proceeds from the notes offering to partially repay amounts outstanding under its revolving credit facility. About CACI At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™ list of largest companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at Forward-Looking Statements There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof. View source version on Contacts Corporate Communications and Media:Lorraine CorcoranExecutive Vice President, Corporate Communications(703) 434-4165, Investor Relations:George PriceSenior Vice President, Investor Relations(703) 841-7818,
Business Wire
3 hours ago
- Business
- Business Wire
CACI Closes $1.0 Billion Upsized Offering of 6.375% Senior Notes
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) today announced it closed a $1.0 billion offering of 6.375% unsecured senior notes due in 2033. CACI used proceeds from the notes offering to partially repay amounts outstanding under its revolving credit facility. About CACI At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™ list of largest companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at Forward-Looking Statements There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
Business Wire
6 hours ago
- Business
- Business Wire
CACI Joins the Fortune 500 List of America's Largest Companies
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been named a 2025 Fortune 500™ company. The Fortune 500 is an annual list of the largest corporations in the United States and CACI was ranked based on its impressive 2024 fiscal year (FY24) results. 'CACI is proud to join the prestigious Fortune 500 list following an historic year of growth,' said CACI President and Chief Executive Officer John Mengucci. 'This accomplishment is a testament to our vision of delivering critical expertise and technology to protect our nation and meet our customer commitments—both of which drove the financial performance that led to this recognition.' 'CACI has an unwavering commitment to national security that is built upon a six-decade foundation of character and innovation. We offer rapidly deployable, software-based critical technology coupled with the intrinsic mission knowledge that only CACI can provide, so our customers can remain focused on safeguarding our nation. This achievement reflects the tough, challenging work that occurs at our company on a daily basis, and it belongs to every one of our incredibly talented and dedicated employees who are at the cornerstone of our success,' said Mengucci. CACI continuously strives to deliver strong operational excellence and shareholder value. Today's announcement reflects CACI's significant growth and relentless drive to fulfill its strategic objectives in FY24, which drove $7.7 billion in revenue, representing a 14% year-over-year increase. The revenue threshold for the 2025 Fortune 500 list was $7.4 billion. CACI also recently earned its 14 th recognition as a Fortune World's Most Admired Company. About CACI At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™ list of largest companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
Yahoo
13 hours ago
- Business
- Yahoo
Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a smart beta exchange traded fund launched on 11/08/2017. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. If you're the kind of investor who would rather try and beat the market through good stock selection, then smart beta funds are your best choice; this fund class is known for tracking non-cap weighted strategies. These indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is managed by Invesco. OMFL has been able to amass assets over $4.82 billion, making it one of the larger ETFs in the Style Box - Large Cap Growth. Before fees and expenses, this particular fund seeks to match the performance of the RUSSELL 1000 INVESCO DYNAMIC MLTIFCTR ID. The Russell 1000 Invesco Dynamic Multifactor Index is constructed using a rules-based methodology by selecting equity securities from the Russell 1000 Index, which measures the performance of the 1,000 largest-capitalization companies in the United States. When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal. With on par with most peer products in the space, this ETF has annual operating expenses of 0.29%. The fund has a 12-month trailing dividend yield of 0.95%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Information Technology sector - about 21.30% of the portfolio. Financials and Consumer Staples round out the top three. Taking into account individual holdings, Berkshire Hathaway Inc (BRK/B) accounts for about 5.94% of the fund's total assets, followed by Walmart Inc (WMT) and Costco Wholesale Corp (COST). The top 10 holdings account for about 43.52% of total assets under management. So far this year, OMFL has added about 4.01%, and was up about 6.37% in the last one year (as of 06/02/2025). During this past 52-week period, the fund has traded between $47.65 and $57.45. The ETF has a beta of 1.01 and standard deviation of 16.89% for the trailing three-year period. With about 277 holdings, it effectively diversifies company-specific risk. Invesco Russell 1000 Dynamic Multifactor ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $163.97 billion in assets, Invesco QQQ has $329.87 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco Russell 1000 Dynamic Multifactor ETF (OMFL): ETF Research Reports Walmart Inc. (WMT) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
