Alerian Announces Temporary Suspension Of Adjusted Market Capitalization Test In Upcoming Quarterly Rebalancing
DALLAS, Dec. 10, 2015 /PRNewswire/ -- Alerian announced that due to an unprecedented decline in MLP unit prices over the last quarter, it will not apply the adjusted market capitalization test to existing constituents of the Alerian Index Series during the upcoming quarterly rebalancing, which will take place following the close of business on December 18. Alerian plans to modify the criterion at the end of this month to dynamically respond to equity price movements going forward.
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 $13 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and rebalancing announcements, please visit alerian.com.
SOURCE Alerian
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