June 8, 2018 - 9:02 AM EDT
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Swank Capital and Cushing®Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

DALLAS, June 8, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® MLP Market Cap Index (the "Index") as part of normal index operations. After the markets close on June 15, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 18, 2018.

Cushing® MLP Market Cap Index constituents, effective June 18, 2018:

Company Name

Ticker

Index Weight

Status

Enterprise Products Partners, L.P.

EPD

7.50%

Existing

Energy Transfer Equity, L.P.

ETE

7.50%

Existing

Energy Transfer Partners, L.P.

ETP

7.50%

Existing

Magellan Midstream Partners, L.P.

MMP

7.50%

Existing

MPLX LP

MPLX

7.50%

Existing

The Williams Companies, Inc.

WMB

7.50%

Existing

Williams Partners L.P.

WPZ

7.50%

Existing

Buckeye Partners, L.P.

BPL

4.46%

Existing

Western Gas Partners, L.P.

WES

4.30%

Existing

Alliance Resource Partners, L.P.

ARLP

3.27%

NEW

Andeavor Logistics LP

ANDX

3.18%

Existing

DCP Midstream, LP

DCP

3.00%

Existing

EQT Midstream Partners, LP

EQM

2.79%

Existing

AmeriGas Partners, L.P.

APU

2.41%

Existing

EnLink Midstream Partners, LP

ENLK

2.38%

Existing

Shell Midstream Partners, L.P.

SHLX

2.37%

Existing

Phillips 66 Partners LP

PSXP

2.32%

Existing

Antero Midstream Partners LP

AM

2.24%

Existing

Enbridge Energy Partners,  L.P.

EEP

1.77%

Existing

Tallgrass Energy Partners, LP

TEP

1.67%

Existing

Crestwood Equity Partners LP

CEQP

1.36%

Existing

Antero Midstream GP LP

AMGP

1.22%

Existing

Enable Midstream Partners, LP

ENBL

1.21%

Existing

Black Stone Minerals, L.P.

BSM

1.19%

Existing

Rice Midstream Partners LP

RMP

1.15%

Existing

Holly Energy Partners, L.P.

HEP

1.10%

Existing

Boardwalk Pipeline Partners, L.P.

BWP

1.08%

Existing

NGL Energy Partners LP

NGL

1.06%

Existing

Tallgrass Energy GP, LP

TEGP

1.02%

Existing

Noble Midstream Partners LP

NBLX

0.95%

Existing

Constituents removed, effective March 19, 2018:

Company Name

Ticker

Dominion Energy Midstream Partners, LP

DM

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs). The Index is 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 MLPs. The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "CMCI".

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 investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.

Contact:
Judson Redmond
214-692-6334
http://www.cushingasset.com/

The Cushing® MLP Market Cap Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have 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-CMCI

 

Cision View original content:http://www.prnewswire.com/news-releases/swank-capital-and-cushingasset-management-announce-rebalancing-of-the-cushing-mlp-market-cap-index-300662258.html

SOURCE Cushing Asset Management, LP; Swank Capital, LLC


Source: PR Newswire (June 8, 2018 - 9:02 AM EDT)

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