DALLAS, Feb. 2, 2017 /PRNewswire/ -- Alerian
announced today that Vanguard Natural Resources (NASDAQ: VNR) will
be removed from the Alerian Small Cap MLP Index (AMSI) in a special
rebalancing after market close on Thursday,
February 2, 2017. Special rebalancings are triggered by
corporate actions such as mergers, bankruptcies, and liquidations.
VNR filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code on Wednesday, February 1,
2017.
The index will be rebalanced in accordance with its existing
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 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. As of December
30, 2016, over $17 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 announcements regarding
rebalancings, please visit alerian.com.
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SOURCE Alerian