An Introduction to Alerian's Midstream Dividend Indexes

The Alerian Midstream Energy Dividend Index (AEDW) and the Alerian MLP Infrastructure Dividend Index (AMDW) are two fundamentally-weighted indexes based on the liquid, dividend-paying portion of the North American energy infrastructure universe. AEDW includes both midstream MLPs and North American C-Corporations, while AMDW only includes midstream MLPs. This piece will provide an introduction to the new indexes and the implications of weighting by dividend payments rather than the more traditional weighting by market capitalization.