Alerian Announces A Special Rebalancing Of The Alerian MLP Infrastructure Index
DALLAS, Feb. 19, 2015 /PRNewswire/ -- Alerian announced today that Atlas Pipeline Partners (NYSE: APL) is expected to be removed from the Alerian MLP Infrastructure Index (NYSE: AMZI) in a special rebalancing.
Special rebalancings are triggered by corporate actions that result in the termination of trading of an index constituent on a major US exchange. Such corporate actions include, but are not limited to, mergers, delistings, and bankruptcies. Pending unitholder approval, APL will cease to trade on the NYSE due to its merger with Targa Resources Partners (NYSE: NGLS). If approved, the rebalancing will take place one full trading session after the constituent's issuance of a press release indicating all needed merger votes have passed.
The constituents of the index will be rebalanced on a capped, float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.
About the Alerian MLP Infrastructure Index
The Alerian MLP Infrastructure Index is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (AMZI) and on a total-return basis (AMZIX).
About Alerian
Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. Over $19 billion is directly tied to the Alerian Index Series through exchange-traded products, delta one notes, and separately managed accounts. For more information, including index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com.
SOURCE Alerian
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