DALLAS, Jan. 8, 2019 /PRNewswire/ -- Alerian
announced today that Valero Energy Partners (NYSE: VLP) will be
removed from the Alerian Midstream Energy Index (AMNA), Alerian US
Midstream Energy Index (AMUS), Alerian Midstream Energy Select
Index (AMEI), Alerian MLP Index (AMZ), and Alerian MLP Equal Weight
Index (AMZE) in a special rebalancing.
Special rebalancings are triggered by corporate actions such as
mergers, bankruptcies, and liquidations. VLP will cease to trade
due to its merger with Valero Energy Corporation (NYSE: VLO). The
rebalancing will take place after market close on Wednesday, January 9.
Each index will be rebalanced in accordance with its existing
methodology. Constituent additions to and deletions from an index
do not reflect an opinion by Alerian on the investment merits of
the respective securities.
For more information about Alerian's indices, including
methodology, please visit: www.alerian.com/indices.
About Alerian
Alerian equips investors to make
informed decisions about energy infrastructure and Master Limited
Partnerships (MLPs). Its benchmarks are widely used by industry
executives, investment professionals, research analysts, and
national media to analyze relative performance. As of December 31, 2018, over $12 billion is directly tied to the Alerian Index
Series through exchange-traded funds and notes, separately managed
accounts, and structured products. Visit alerian.com to learn
more.
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SOURCE Alerian