DALLAS, March 13, 2015 /PRNewswire/ -- Alerian announced
that following the close of business on Friday, March 20, Capital Product Partners LP
(NASDAQ: CPLP), Summit Midstream Partners LP (NYSE: SMLP), and
Sunoco LP (NYSE: SUN) will be added to the Alerian MLP Index (NYSE:
AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Capital Product Partners is an international shipping company
involved in the seaborne transportation of various cargoes,
including crude oil and refined oil products. Summit Midstream
Partners owns and operates midstream infrastructure assets and
provides natural gas gathering, treating, and processing services.
Sunoco LP distributes motor fuel to convenience stores, independent
dealers, commercial customers, and distributors. Atlas Resource
Partners LP (NYSE: ARP), EV Energy
Partners LP (NASDAQ: EVEP), and Vanguard Natural Resources LLC
(NASDAQ: VNR) will be removed from the two indices following the
close of business on March 20.
The 50 constituents of the Alerian MLP Index will be rebalanced
on a float-adjusted, capitalization-weighted basis in accordance
with the existing index methodology. The 50 constituents of the
Alerian MLP Equal Weight Index will be rebalanced on an
equal-weighted basis in accordance with the existing index
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 MLP Index
The Alerian MLP Index is
the leading gauge of energy Master Limited Partnerships (MLPs). The
float-adjusted, capitalization-weighted index, whose 50
constituents represent approximately 75% of total market
capitalization, is disseminated real-time on a price-return basis
(AMZ) and on a total-return basis (AMZX).
Alerian the Alerian MLP Equal Weight Index
The Alerian
MLP Equal Weight Index is the equal-weighted version of the widely
used Alerian MLP Index (AMZ). The index, which includes the same 50
companies as the float-adjusted, capitalization-weighted AMZ but
allocates a 2% weight to each constituent at each rebalancing, is
disseminated real-time on a price-return basis (AMZE) and on a
total-return basis (AMZEX).
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. Over $19
billion is directly tied to the Alerian Index Series through
exchange-traded products, delta one notes, and separately managed
accounts. For more information, including index values, yields,
constituents, and announcements regarding rebalancings, please
visit www.alerian.com.
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SOURCE Alerian