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 December 24, 2015 - 9:02 AM EST
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Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Upstream Energy Income Index

DALLAS, Dec. 24, 2015 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® Upstream Energy Income Index (the "Index") as part of normal index operations. After the markets close on December 31, 2015, the 25 constituents of the Index will be rebalanced, and the following changes will become effective on January 4, 2016.

Cushing® Upstream Energy Index constituents, effective January 4, 2016:

Company Name

Ticker

Index Weight

Status

Black Stone Minerals, L.P.

BSM

7.50%

Existing

Dorchester Minerals LP

DMLP

7.50%

Existing

Linn Energy, LLC

LINE

7.50%

Existing

Vanguard Natural Resources, LLC

VNR

7.50%

Existing

BP Prudhoe Bay Royalty Trust

BPT

7.50%

Existing

Permian Basin Royalty Trust

PBT

7.50%

Existing

Sabine Royalty Trust

SBR

7.50%

Existing

San Juan Basin Royalty Trust

SJT

6.36%

Existing

Memorial Production Partners LP

MEMP

4.90%

Existing

BreitBurn Energy Partners L.P.

BBEP

4.18%

Existing

SandRidge Permian Trust

PER

3.87%

Existing

Chesapeake Granite Wash Trust

CHKR

3.33%

Existing

EV Energy Partners, L.P.

EVEP

2.92%

Existing

Legacy Reserves LP

LGCY

2.59%

Existing

Cross Timbers Royalty Trust

CRT

2.50%

Existing

SandRidge Mississippian Trust I

SDT

2.08%

Existing

SandRidge Mississippian Trust II

SDR

2.03%

Existing

MV Oil Trust

MVO

2.00%

Existing

Enduro Royalty Trust

NDRO

1.95%

Existing

Hugoton Royalty Trust

HGT

1.93%

Existing

Atlas Resource Partners, L.P.

ARP

1.90%

Existing

Pacific Coast Oil Trust

ROYT

1.62%

Existing

VOC Energy Trust

VOC

1.44%

Existing

Mid-Con Energy Partners, LP

MCEP

1.02%

Existing

ECA Marcellus Trust I

ECT

0.88%

NEW

 

Constituents removed, effective January 4, 2016:

Company Name

Ticker

Whiting USA Trust II

WHZ

 

ABOUT THE CUSHING® UPSTREAM ENERGY INCOME INDEX

The Index is designed to track the performance of publicly traded U.S. royalty trusts and upstream exploration and production ("Upstream") energy master limited partnerships ("MLPs"). The Index is currently comprised of 25 U.S. royalty trusts and Upstream MLPs, weighted on a float-adjusted market capitalization basis with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded U.S. royalty trusts and Upstream MLPs. The Index is quoted under the Bloomberg ticker "CRTY" as well as on a total-return basis, using end of day pricing, under the ticker "CRTYTR". For more information about the Index, please visit: www.swankcapital.com/the-cushing-indices

ABOUT SWANK CAPITAL AND CUSHING® ASSET MANAGEMENT

Cushing® Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts which invest primarily in securities of MLPs and other natural resource companies.

Cushing is also dedicated to serving the needs of MLP and energy income investors by sponsoring a variety of industry benchmarks, including The Cushing® MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker:  MLPY) and The Cushing® 30 MLP Index (Bloomberg Ticker:  MLPX). For more information, please visit www.swankcapital.com/the-cushing-indices

Contact:
Judson Redmond
214-692-6334
www.swankcapital.com

The Cushing® Upstream Energy Index (the "Index") is the exclusive property of Cushing Asset Management, LP, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) ("S&P Dow Jones Indices") to calculate and maintain the Index. S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("SPFS"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and, these trademarks have been licensed to S&P Dow Jones Indices. "Calculated by S&P Dow Jones Indices" and its related stylized mark(s) have been licensed for use by Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

CUSH-CRTY

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/swank-capital-and-cushing-asset-management-announce-rebalancing-of-the-cushing-upstream-energy-income-index-300196998.html

SOURCE Cushing Asset Management, LP; Swank Capital, LLC


Source: PR Newswire (December 24, 2015 - 9:02 AM EST)

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