March 11, 2016 - 9:02 AM EST
Print Email Article Font Down Font Up
Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

DALLAS, March 11, 2016 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the "Index") as part of normal index operations. After the markets close on March 18, 2016, the 30 constituents of the Index will be rebalanced, effective March 21, 2016, as follows. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on this date.

Cushing® 30 MLP Index constituents, effective March 21, 2016:

Company Name

Ticker

Index Weight

Status

Alliance Resource Partners, L.P.

ARLP

3.33%

Existing

AmeriGas Partners, L.P.

APU

3.33%

Existing

Boardwalk Pipeline Partners, L.P.

BWP

3.33%

Existing

Buckeye Partners, L.P.

BPL

3.33%

Existing

DCP Midstream Partners, L.P.

DPM

3.33%

Existing

EQT Midstream Partners, LP

EQM

3.33%

Existing

EnLink Midstream Partners, LP

ENLK

3.33%

Existing

Enbridge Energy Partners,  L.P.

EEP

3.33%

Existing

Energy Transfer Equity, L.P.

ETE

3.33%

Existing

Energy Transfer Partners, L.P.

ETP

3.33%

Existing

EnLink Midstream, LLC

ENLC

3.33%

Existing

Enterprise Products Partners, L.P.

EPD

3.33%

Existing

Ferrellgas Partners, L.P.

FGP

3.33%

Existing

MPLX LP

MPLX

3.33%

Existing

Magellan Midstream Partners, L.P.

MMP

3.33%

Existing

NGL Energy Partners LP

NGL

3.33%

Existing

ONEOK Partners, L.P.

OKS

3.33%

Existing

Plains All American Pipeline, L.P.

PAA

3.33%

Existing

Plains GP Holdings, L.P.

PAGP

3.33%

Existing

Rose Rock Midstream, L.P.

RRMS

3.33%

Existing

Spectra Energy Partners, LP

SEP

3.33%

Existing

Summit Midstream Partners, LP

SMLP

3.33%

Existing

Sunoco LP

SUN

3.33%

Existing

Sunoco Logistics Partners, L.P.

SXL

3.33%

Existing

Tallgrass Energy Partners, LP

TEP

3.33%

Existing

Tesoro Logistics LP

TLLP

3.33%

Existing

The Williams Companies, Inc.

WMB

3.33%

Existing

Western Gas Partners, L.P.

WES

3.33%

Existing

Western Refining Logistics, LP

WNRL

3.33%

Existing

Williams Partners, L.P.

WPZ

3.33%

Existing

ABOUT THE CUSHING® MLP INDEX

The Cushing® 30 MLP Index tracks the performance of 30 publicly traded MLP securities that hold midstream energy infrastructure assets in North America, chosen according to a proprietary fundamental scoring model developed by Cushing® Asset Management, LP to rank MLPs for potential inclusion in the Index. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "MLPX".

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® Upstream Energy Income Index (Bloomberg Ticker: CRTY). For more information, please visit www.swankcapital.com/the-cushing-indices

The Cushing® 30 MLP 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-MLPX

 

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-30-mlp-index-300234537.html

SOURCE Cushing Asset Management, LP; Swank Capital, LLC


Source: PR Newswire (March 11, 2016 - 9:02 AM EST)

News by QuoteMedia
www.quotemedia.com

Legal Notice