DALLAS, Feb. 25, 2019 /PRNewswire/ -- Alerian
announced today that TransMontaigne Partners (NYSE: TLP) is
expected to be removed from the Alerian Midstream Energy Index
(AMNA), Alerian US Midstream Energy Index (AMUS), 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. Pending unitholder
approval, TLP will cease to trade due to its go-private
transaction. If approved, the rebalancing will take place after
market close on Wednesday, February
27.
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 January 31, 2018, over $13
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