Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

Dallas, Texas (April 4, 2014)    Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today upcoming changes to the constituents of The Cushing® MLP High Income Index (the “Index”) as part of normal index operations.  After the markets close on April 11, 2014, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on April 14, 2014.

Cushing® MLP High Income Index constituents, effective April 14, 2014:

Company Name

Ticker

Tier

Index Weight

Prior Tier

Atlas Resource Partners, L.P.

ARP

1

5.0%

1

Calumet Specialty Products Partners, L.P.

CLMT

1

5.0%

1

Linn Energy, LLC

LINE

1

5.0%

1

BreitBurn Energy Partners L.P.

BBEP

1

5.0%

1

Memorial Production Partners LP

MEMP

1

5.0%

1

Navios Maritime Partners L.P.

NMM

1

5.0%

1

Legacy Reserves LP

LGCY

1

5.0%

3

EV Energy Partners, L.P.

EVEP

1

5.0%

1

Ferrellgas Partners, L.P.

FGP

1

5.0%

2

Suburban Propane Partners, L.P.

SPH

1

5.0%

3

Capital Product Partners L.P.

CPLP

2

3.5%

2

El Paso Pipeline Partners, L.P.

EPB

2

3.5%

2

NuStar Energy, L.P.

NS

2

3.5%

1

AmeriGas Partners, L.P.

APU

2

3.5%

2

Enbridge Energy Partners,  L.P.

EEP

2

3.5%

2

Atlas Pipeline Partners, L.P.

APL

2

3.5%

2

Exterran Partners, L.P.

EXLP

2

3.5%

3

Kinder Morgan Energy Partners, L.P.

KMP

2

3.5%

3

Crestwood Midstream Partners LP

CMLP

2

3.5%

3

Regency Energy Partners, L.P.

RGP

2

3.5%

2

Niska Gas Storage Partners LLC

NKA

3

1.5%

NEW

Golar LNG Partners LP

GMLP

3

1.5%

2

Williams Partners, L.P.

WPZ

3

1.5%

2

Energy Transfer Partners, L.P.

ETP

3

1.5%

3

TC PipeLines, LP

TCP

3

1.5%

3

NuStar GP Holdings, LLC

NSH

3

1.5%

1

Teekay Offshore Partners L.P.

TOO

3

1.5%

3

Teekay LNG Partners L.P.

TGP

3

1.5%

3

Seadrill Partners LLC

SDLP

3

1.5%

NEW

Buckeye Partners, L.P.

BPL

3

1.5%

NEW

Constituents removed, effective April 14, 2014:

Company Name

Ticker

Cheniere Energy Partners, L.P.

CQP

Holly Energy Partners, L.P.

HEP

NGL Energy Partners LP

NGL

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 Income 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