September 9, 2016 - 9:02 AM EDT
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Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

DALLAS, Sept. 9, 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 September 16, 2016, the 30 constituents of the Index will be rebalanced, effective September 19, 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 September 16, 2016:

Company Name

Ticker

Index Weight

Status

Antero Midstream Partners LP

AM

3.33%

Existing

AmeriGas Partners, L.P.

APU

3.33%

Existing

Buckeye Partners, L.P.

BPL

3.33%

Existing

Columbia Pipeline Partners LP

CPPL

3.33%

Existing

Dominion Midstream Partners, LP

DM

3.33%

Existing

Enbridge Energy Partners,  L.P.

EEP

3.33%

Existing

EnLink Midstream Partners, LP

ENLK

3.33%

Existing

Enterprise Products Partners, L.P.

EPD

3.33%

Existing

EQT Midstream Partners, LP

EQM

3.33%

Existing

Energy Transfer Equity, L.P.

ETE

3.33%

Existing

Energy Transfer Partners, L.P.

ETP

3.33%

Existing

Genesis Energy, L.P.

GEL

3.33%

Existing

Magellan Midstream Partners, L.P.

MMP

3.33%

Existing

MPLX LP

MPLX

3.33%

Existing

ONEOK, Inc.

OKE

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

Phillips 66 Partners LP

PSXP

3.33%

Existing

Rice Midstream Partners LP

RMP

3.33%

Existing

Shell Midstream Partners, L.P.

SHLX

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

Valero Energy Partners LP

VLP

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 formula-based proprietary valuation 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.cushingasset.com

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.

 

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-300325359.html

SOURCE Cushing Asset Management, LP and Swank Capital, LLC


Source: PR Newswire (September 9, 2016 - 9:02 AM EDT)

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