Two sequential cuts in the AMZI and four cuts in the AMZ
The pie charts below show quarter-over-quarter (q/q) or sequential distribution changes for constituents of the Alerian MLP Index (AMZ) and the Alerian MLP Infrastructure Index (AMZI) comparing 4Q19 to 3Q19. To clarify, 4Q19 distributions refer to the distribution paid in 1Q20 as a result of 4Q19 financial performance.
After a cut-free 3Q19 for both indexes, there were four distribution cuts in the AMZ and two cuts in the AMZI in 4Q19. EnLink Midstream's (ENLC) 33.7% sequential distribution cut came as little surprise given