BROWSE

Yonder 40 Index (Yonder 40)

What is 'Yonder 40 Index - Yonder 40'

A list of 40 publicly traded companies chosen for their ties to rural areas. The Yonder 40 is designed to reflect the economies of non-urban areas, and includes companies that are involved in agriculture and livestock raising, in addition to heavier industries such as construction. The index is not widely-followed.

Explaining 'Yonder 40 Index - Yonder 40'

The Yonder 40 Index was popularized by Jim Branscome and John Borden - two veterans of Wall Street. They felt that the major indexes were too focused on companies operating in urban environments, and that the health of urban companies didn't properly take into account how rural Americans were faring.


Despite the decidedly outside the big city intent, the original incarnation of the index covered several popular firms, such as ConAgra and Wal-Mart.


Further Reading


Portfolio greenness and the financial performance of REITs
www.sciencedirect.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …

The economic effects of owner distance and local property management in US office marketsThe economic effects of owner distance and local property management in US office markets
academic.oup.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …

Environmental performance and the cost of capital: evidence from commercial mortgages and REIT bondsEnvironmental performance and the cost of capital: evidence from commercial mortgages and REIT bonds
papers.ssrn.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …

Environmental performance and the cost of debt: Evidence from commercial mortgages and REIT bondsEnvironmental performance and the cost of debt: Evidence from commercial mortgages and REIT bonds
www.sciencedirect.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …

Distance Effects in CMBS Loan Pricing: Banks versus Non-BanksDistance Effects in CMBS Loan Pricing: Banks versus Non-Banks
papers.ssrn.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …

REIT environmental performance and the cost of equityREIT environmental performance and the cost of equity
books.google.com [PDF]
This paper investigates the effects of the energy efficiency and sustainability of commercial properties on the operating and stock performance of a sample of US REITs, providing insight into the net benefits of green buildings. We match data on LEED-and Energy Star …



Q&A About Yonder 40 Index (Yonder 40)


Why did they feel this way?

Rural America makes up over 70% of US land mass but only has about 15% population density. Urban America makes up less than 30% land mass but has 85% population density. This means that most people live in cities while most resources are used by people living outside cities. This creates an imbalance between supply and demand which can lead to higher prices for goods produced outside cities or lower wages for workers who live outside cities. Both situations are undesirable because they make it more difficult for consumers to afford goods or services from businesses located outside cities or make it harder for businesses located outside cities to compete with those inside them (for example, Wal-Mart vs local grocery stores). It also leads to greater income inequality between urban and non-urban populations since there is no mechanism (such as taxes) forcing wealthy individuals living in expensive areas like New York City pay extra money towards helping poorer individuals living elsewhere (like Appalachia). Finally, it leads to a situation where politicians have little incentive to help those who don't vote for them since they represent a

How does the Yonder 4 Index differ from other indexes?

The Yonder 4 index differs because it includes companies involved in agriculture and livestock raising, in addition to heavier industries such as construction.

What is the Yonder 4 Index?

The Yonder 4 index is a list of four publicly traded companies chosen for their ties to rural areas.

What was popularized by Jim Branscome and John Borden?

They felt that major indexes were too focused on companies operating in urban environments, and that health of urban companies didn't properly take into account how rural Americans were faring.

Who created the original incarnation of the index?

Jim Branscome and John Borden - two veterans of Wall Street.