Alerian Index Series December 2020 Index Review

Rhea-AI Summary

On December 11, 2020, Alerian announced the results of the December quarterly review for its index series, effective December 18, 2020. Martin Midstream Partners (NASDAQ: MMLP) will be removed from both the Alerian Midstream Energy Index (AMNA) and the Alerian US Midstream Energy Index (AMUS). No changes were reported for other indexes, including the Alerian MLP Index (AMZ) and the Alerian MLP Infrastructure Index (AMZI). Alerian's indexes track over $23 billion in assets, serving a global clientele with innovative index-based investment strategies.

Positive

• None.

Negative

• Removal of Martin Midstream Partners (MMLP) from key Alerian indices, potentially affecting investor confidence.
• Exclusion from multiple prominent indexes could lead to decreased liquidity and market visibility for MMLP.

DALLAS, Dec. 11, 2020 /PRNewswire/ -- Alerian announced the results of the December quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, December 18, 2020.             

• Alerian Midstream Energy Index (AMNA). Martin Midstream Partners (NASDAQ: MMLP) will be removed.
• Alerian US Midstream Energy Index (AMUS). Martin Midstream Partners (NASDAQ: MMLP) will be removed.

There are no constituent changes to the Alerian MLP Index (AMZ), the Alerian MLP Infrastructure Index (AMZI), the Alerian Midstream Energy Select Index (AMEI), the Alerian MLP Equal Weight Index (AMZE), the Alerian Energy Infrastructure Capital Strength Select Index (AMCS), and the Alerian Natural Gas MLP Index (ANGI).

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 is a leading independent index provider focused on building innovative, index-based investment strategies. Through indexing, benchmarking and calculation services, Alerian serves the global investment community. Built on a foundation of data rigor and specialty research, Alerian's comprehensive family of indexes includes the leading energy, thematic and smart-beta indexes, such as the first real-time MLP index – The Alerian MLP Index, S-Network Closed-End Fund Index Series, S-Network Global Benchmark Family, S-Network Dividend and Income Indexes and S-Network Renewable and Natural Resources Indexes. Today, Alerian has over $23 billion in total assets tracking its indexes and has over 200 customers world-wide.

View original content:http://www.prnewswire.com/news-releases/alerian-index-series-december-2020-index-review-301191126.html

SOURCE Alerian

FAQ

What does the removal of MMLP from Alerian indices mean?

The removal from Alerian indices could reduce MMLP's visibility and attractiveness to investors.

When will the changes to the Alerian Index Series take effect?

The changes, including MMLP's removal, will take effect after the close of business on December 18, 2020.

What are the main indices MMLP was removed from?

MMLP was removed from the Alerian Midstream Energy Index (AMNA) and the Alerian US Midstream Energy Index (AMUS).

How much in total assets do Alerian's indexes track?

Alerian's indexes track over $23 billion in total assets.