Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

Dallas, Texas (September 8, 2017) 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 September 15, 2017, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on September 18, 2017.

Cushing® MLP Market Cap Index constituents, effective September 18, 2017:

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% NEW
Buckeye Partners, L.P. BPL 6.62% Existing
Western Gas Partners, L.P. WES 4.02% Existing
EQT Midstream Partners, LP EQM 3.72% Existing
AmeriGas Partners, L.P. APU 3.33% Existing
Andeavor Logistics LP ANDX 3.05% Existing
NuStar Energy, L.P. NS 3.03% Existing
Spectra Energy Partners, LP SEP 2.75% Existing
Genesis Energy, L.P. GEL 2.43% Existing
DCP Midstream, LP DCP 2.42% Existing
TC PipeLines, LP TCP 2.28% Existing
EnLink Midstream Partners, LP ENLK 2.21% Existing
Antero Midstream Partners LP AM 2.17% Existing
Shell Midstream Partners, L.P. SHLX 2.09% Existing
Tallgrass Energy Partners, LP TEP 1.85% Existing
Phillips 66 Partners LP PSXP 1.84% Existing
Boardwalk Pipeline Partners, L.P. BWP 1.57% Existing
Sunoco LP SUN 1.47% Existing
Dominion Energy Midstream Partners, LP DM 1.31% Existing
Tallgrass Energy GP, LP TEGP 1.29% Existing
Rice Midstream Partners LP RMP 1.29% Existing
Suburban Propane Partners, L.P. SPH 1.23% Existing
Holly Energy Partners, L.P. HEP 1.11% Existing
Crestwood Equity Partners LP CEQP 1.01% NEW
EnLink Midstream, LLC ENLC 0.91% Existing


Constituents removed, effective September 18, 2017:

Company Name Ticker
NGL Energy Partners LP NGL
Valero Energy Partners LP VLP

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

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP Market Cap 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 Swank Capital, LLC, and 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.