DALLAS, Oct. 17, 2018 /PRNewswire/ -- Alerian announced
today that Energy Transfer Partners (NYSE: ETP) is expected to be
removed from the Alerian Midstream Energy Index (AMNA), Alerian US
Midstream Energy Index (AMUS), Alerian MLP Index (AMZ), Alerian MLP
Equal Weight Index (AMZE), Alerian MLP Infrastructure Index (AMZI),
Alerian Large Cap MLP Index (AMLI), and Alerian Natural Gas MLP
Index (ANGI) in a special rebalancing. In addition, Energy Transfer
Equity (NYSE: ETE) is expected to be added to the AMZ, AMZE, AMZI,
and ANGI.
Special rebalancings are triggered by corporate actions such as
mergers, bankruptcies, and liquidations. Pending unitholder
approval, ETP will cease to trade due to its merger with ETE. If
approved, the rebalancing will take place one full trading day
after the issuance of a press release indicating all needed merger
votes have passed.
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.
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 September 30, 2018, over $14 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