Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of The Cushing® 30 MLP Index
Dallas, Texas (March 14, 2014) Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today upcoming changes to the constituents of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on March 21, 2014, the 30 members of the Index will be adjusted and rebalanced to equal weights and the changes below will become effective on March 24, 2014.
Cushing® 30 MLP Index constituents (effective March 24, 2014):
Company Name |
Ticker |
Index Weight |
Status |
Access Midstream Partners, L.P. |
ACMP |
3.33% |
Existing |
Alliance Holdings GP. L.P. |
AHGP |
3.33% |
Existing |
Alliance Resource Partners, L.P. |
ARLP |
3.33% |
Existing |
AmeriGas Partners, L.P. |
APU |
3.33% |
Existing |
Atlas Pipeline Partners, L.P. |
APL |
3.33% |
Existing |
Buckeye Partners, L.P. |
BPL |
3.33% |
Existing |
Crestwood Equity Partners LP |
CEQP |
3.33% |
Existing |
El Paso Pipeline Partners, L.P. |
EPB |
3.33% |
Existing |
EnLink Midstream Partners, LP |
ENLK |
3.33% |
Existing |
Enbridge Energy Partners, L.P. |
EEP |
3.33% |
Existing |
Energy Transfer Equity, L.P. |
ETE |
3.33% |
Existing |
Energy Transfer Partners, L.P. |
ETP |
3.33% |
Existing |
EnLink Midstream, LLC |
ENLC |
3.33% |
Existing |
Enterprise Products Partners, L.P. |
EPD |
3.33% |
Existing |
Genesis Energy, L.P. |
GEL |
3.33% |
Existing |
Kinder Morgan Energy Partners, L.P. |
KMP |
3.33% |
Existing |
Kinder Morgan, Inc. |
KMI |
3.33% |
Existing |
Magellan Midstream Partners, L.P. |
MMP |
3.33% |
Existing |
MarkWest Energy Partners, L.P. |
MWE |
3.33% |
Existing |
NuStar GP Holdings, LLC |
NSH |
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 |
Spectra Energy Partners, LP |
SEP |
3.33% |
Existing |
Sunoco Logistics Partners, L.P. |
SXL |
3.33% |
Existing |
Targa Resources Partners, L.P. |
NGLS |
3.33% |
Existing |
Targa Resources Corp. |
TRGP |
3.33% |
Existing |
Tesoro Logistics LP |
TLLP |
3.33% |
Existing |
Western Gas Partners, L.P. |
WES |
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 proprietary fundamental scoring model developed by Cushing® MLP 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® 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® 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.swankcapital.com/the-cushing-indices.
The Cushing® 30 MLP 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; Swank Capital