DALLAS, Feb. 23, 2017 /PRNewswire/ -- Alerian announced
that following the close of business today, Spectra Energy (NYSE:
SE) will be removed from the Alerian Energy Infrastructure Index
(AMEI) in a special rebalancing.
The merger between Enbridge Energy (NYSE: ENB) and Spectra
Energy was approved on December 15,
2016 by ENB and SE's shareholders and, as of this
morning, all required regulatory clearances under the merger
agreement have now been met.
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 the Alerian Energy Infrastructure Index
The
Alerian Energy Infrastructure Index is a composite of North
American energy infrastructure companies. The capped,
float-adjusted, capitalization-weighted index, whose constituents
are engaged in midstream activities involving energy commodities,
is disseminated real-time on a price-return basis (AMEI) and on a
total-return basis (AMEIX).
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
31, 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