July 7, 2017 - 9:02 AM EDT
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Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

DALLAS, July 7, 2017 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 14, 2017, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 17, 2017.

Cushing® MLP High Income Index constituents, effective July 17, 2017:

Company Name

Ticker

Tier

Index Weight

Prior Tier

Suburban Propane Partners, L.P.

SPH

1

5.0%

1

Golar LNG Partners LP

GMLP

1

5.0%

1

Sunoco LP

SUN

1

5.0%

1

NGL Energy Partners LP

NGL

1

5.0%

1

Energy Transfer Partners, L.P.

ETP

1

5.0%

1

Crestwood Equity Partners LP

CEQP

1

5.0%

New

Summit Midstream Partners, LP

SMLP

1

5.0%

1

NuStar Energy, L.P.

NS

1

5.0%

2

EnLink Midstream Partners, LP

ENLK

1

5.0%

1

DCP Midstream, LP

DCP

1

5.0%

2

SunCoke Energy Partners, L.P.

SXCP

2

3.5%

2

Genesis Energy, L.P.

GEL

2

3.5%

1

Alliance Resource Partners, L.P.

ARLP

2

3.5%

New

AmeriGas Partners, L.P.

APU

2

3.5%

2

Buckeye Partners, L.P.

BPL

2

3.5%

2

Tallgrass Energy Partners, LP

TEP

2

3.5%

3

Tesoro Logistics LP

TLLP

2

3.5%

2

Western Refining Logistics, LP

WNRL

2

3.5%

2

TC PipeLines, LP

TCP

2

3.5%

3

Energy Transfer Equity, L.P.

ETE

2

3.5%

3

American Midstream Partners, LP

AMID

3

1.5%

3

USA Compression Partners, LP

USAC

3

1.5%

3

Dynagas LNG Partners LP

DLNG

3

1.5%

3

GasLog Partners LP

GLOP

3

1.5%

3

Archrock Partners, L.P.

APLP

3

1.5%

New

Holly Energy Partners, L.P.

HEP

3

1.5%

2

Spectra Energy Partners, LP

SEP

3

1.5%

2

MPLX LP

MPLX

3

1.5%

3

Western Gas Partners, L.P.

WES

3

1.5%

3

Enterprise Products Partners, L.P.

EPD

3

1.5%

3

 

Constituents removed, effective July 17, 2017:

Company Name

Ticker

Magellan Midstream Partners, L.P.

MMP

EnLink Midstream, LLC

ENLC

Teekay Offshore Partners L.P.

TOO

ABOUT THE CUSHING® MLP HIGH INCOME INDEX

The Cushing® MLP High Income Index provides a benchmark that is designed to track the performance of 30 publicly traded energy and shipping master limited partnership (MLP) securities with an emphasis on current yield. The securities are chosen for inclusion according to a three-tier proprietary weighting system developed by Cushing® Asset Management, LP. The Cushing® MLP High Income Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "MLPY".

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® 30 MLP Index (Bloomberg Ticker:  MLPX) and The Cushing® MLP Market Cap Index (Bloomberg Ticker:  CMCI).  For more information, please visit http://www.cushingasset.com/indices.

For additional information contact:
Judson Redmond
214-692-6334
http://www.cushingasset.com

The Cushing® MLP High Income 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 maintain and calculate 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 Swank Capital, LLC, and Cushing® Asset Management, LP.  Neither S&P Dow Jones Indices, SPFS, Dow Jones S&P 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-mlp-high-income-index-300484391.html

SOURCE Cushing Asset Management, LP; Swank Capital, LLC


Source: PR Newswire (July 7, 2017 - 9:02 AM EDT)

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