Swank Capital and Cushing® MLP Asset Management Announce Constituent Change to the Cushing® MLP High Income Index
Dallas, Texas (October 29, 2013) Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today an upcoming change to the constituents of The Cushing® MLP High Income Index (the “Index”). After the markets close on October 31, 2013, Teekay LNG Partners L.P. (TGP) will replace Eagle Rock Energy Partners, L.P. (EROC) due to its distribution reduction. The remaining constituents will be unaffected.
Cushing® MLP High Income Index Constituents, effective November 1, 2013:
Company Name |
Ticker |
Tier |
Navios Maritime Partners L.P. |
NMM |
1 |
Teekay LNG Partners L.P. |
TGP |
1 |
Linn Energy, LLC |
LINE |
1 |
NuStar Energy, L.P. |
NS |
1 |
BreitBurn Energy Partners L.P. |
BBEP |
1 |
Memorial Production Partners LP |
MEMP |
1 |
Atlas Resource Partners, L.P. |
ARP |
1 |
Calumet Specialty Products Partners, L.P. |
CLMT |
1 |
PVR Partners, L.P. |
PVR |
1 |
Enbridge Energy Partners, L.P. |
EEP |
1 |
Natural Resource Partners, L.P. |
NRP |
2 |
Capital Product Partners L.P. |
CPLP |
2 |
NuStar GP Holdings, LLC |
NSH |
2 |
Ferrellgas Partners, L.P. |
FGP |
2 |
EV Energy Partners, L.P. |
EVEP |
2 |
AmeriGas Partners, L.P. |
APU |
2 |
Boardwalk Pipeline Partners, L.P. |
BWP |
2 |
Inergy Midstream, L.P. |
NRGM |
2 |
Energy Transfer Partners, L.P. |
ETP |
2 |
Kinder Morgan Energy Partners, L.P. |
KMP |
2 |
Legacy Reserves LP |
LGCY |
3 |
Suburban Propane Partners, L.P. |
SPH |
3 |
Crosstex Energy, L.P. |
XTEX |
3 |
Williams Partners, L.P. |
WPZ |
3 |
TC PipeLines, LP |
TCP |
3 |
Regency Energy Partners, L.P. |
RGP |
3 |
Cheniere Energy Partners, L.P. |
CQP |
3 |
Buckeye Partners, L.P. |
BPL |
3 |
NGL Energy Partners LP |
NGL |
3 |
Atlas Pipeline Partners, L.P. |
APL |
3 |
Constituent removed, effective November 1, 2013:
Company Name |
Ticker |
Eagle Rock Energy Partners, L.P. |
EROC |
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® MLP 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® MLP ASSET MANAGEMENT
Cushing® MLP 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), The Cushing® MLP Market Cap Index (Bloomberg Ticker: CMCI) and The Cushing® Upstream Energy Index (Bloomberg Ticker: CRTY). For more information, please visit www.swankcapital.com/the-cushing-indices.
The Cushing® MLP High Income Index (the “Index”) is the exclusive property of Cushing® MLP 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); 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® MLP Asset Management, LP. None of S&P Dow Jones Indices, SPFS, Dow Jones S&P or any of their affiliates sponsor or promote the Index and none shall be liable for any errors or omissions in calculating the Index.
SOURCE Cushing MLP Asset Management, LP and Swank Capital, LLC