AMND is an ETN that invests in the US and Canadian energy infrastructure market. Index selection begins with the stocks belonging to the GICS Oil & Gas Storage & Transportation Sector. Companies must have declared consistent dividends (excluding special dividends) for at least two trailing quarters. Weighting of constituents are assigned as a proportion of aggregate annualized dividends paid. Each proportion is calculated as shares outstanding multiplied by annualized dividend. Issuers are capped at 10% each, with the excess weights proportionally redistributed to all uncapped stocks. The index is reconstituted annually and rebalanced quarterly. As an ETN wrapper, AMND distributions are taxed as ordinary income, and investors do not have any implied ownership of individual MLPs. This ETN may pay a quarterly coupon during its term.