DALLAS, June 13, 2014 /PRNewswire/ -- Alerian announced that following the close of business on Friday, June 20, EQT Midstream Partners LP (NYSE: EQM) will be added to the Alerian MLP Infrastructure Index (NYSE: AMZI).
EQT Midstream Partners owns, operates, acquires, and develops midstream assets in the Appalachian basin. TC PipeLines LP (NYSE: TCP) will be removed from the index following the close of business on June 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 is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose 25 constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (NYSE: AMZI) and on a total-return basis (NYSE: AMZIX).
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 $18 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.