DALLAS, Dec. 13, 2013 /PRNewswire/ -- Alerian announced that following the close of business on Friday, December 20, Crestwood Midstream Partners LP (NYSE: CMLP) will be added to the Alerian MLP Infrastructure Index (NYSE: AMZI).
Crestwood Midstream Partners operates natural gas, natural gas liquids, and crude oil logistics assets. Tesoro Logistics Partners (NYSE: TLLP) will be removed from the index following the close of business on December 20.
The 25 constituents of the index will be rebalanced on a capped, float-adjusted, capitalization-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 Infrastructure Index
The Alerian MLP Infrastructure Index, comprised of 25 energy infrastructure Master Limited Partnerships, is a liquid, midstream-focused subset of the Alerian MLP Index (NYSE: AMZ). The index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, provides investors with an unbiased benchmark for the infrastructure component of this emerging asset class. The index, which is calculated using a capped, float-adjusted, capitalization-weighted methodology, is disseminated real-time on a price-return basis (NYSE: AMZI) and on a total-return basis (NYSE: AMZIX).
Alerian is an independent provider of Master Limited Partnership (MLP) and energy infrastructure market intelligence. 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 $15 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 yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com.