DALLAS, Aug. 8, 2018 /PRNewswire/ -- Alerian
announced today that Williams Partners (NYSE: WPZ) is expected to
be removed from the Alerian Midstream Energy Index (AMNA), Alerian
MLP Infrastructure Index (AMZI), Alerian US Midstream Energy Index
(AMUS), Alerian MLP Index (AMZ), Alerian MLP Equal Weight Index
(AMZE), Alerian Natural Gas MLP Index (ANGI), and Alerian Large Cap
MLP Index (AMLI) in a special rebalancing.
Special rebalancings are triggered by corporate actions such as
mergers, bankruptcies, and liquidations. Pending unitholder
approval, WPZ will cease to trade due to its merger with the
Williams Companies (NYSE: WMB). 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 July 31, 2018, over $15
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