Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

Dallas, Texas (June 13, 2014)   Swank Capital, LLC and Cushing® 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 June 20, 2014, the 30 members of the Index will be adjusted and rebalanced to equal weights and the changes below will become effective on June 23, 2014.

Cushing® 30 MLP Index constituents (effective June 23, 2014):

Company Name

Ticker

Index
Weight

Status

Access Midstream Partners, L.P.

ACMP

3.33%

Existing

Atlas Pipeline Partners, L.P.

APL

3.33%

Existing

AmeriGas Partners, L.P.

APU

3.33%

Existing

Alliance Resource Partners, L.P.

ARLP

3.33%

Existing

Crestwood Midstream Partners LP

CMLP

3.33%

New

DCP Midstream Partners, L.P.

DPM

3.33%

New

Enbridge Energy Partners,  L.P.

EEP

3.33%

Existing

EnLink Midstream, LLC

ENLC

3.33%

Existing

EnLink Midstream Partners, LP

ENLK

3.33%

Existing

El Paso Pipeline Partners, L.P.

EPB

3.33%

Existing

Enterprise Products Partners, L.P.

EPD

3.33%

Existing

EQT Midstream Partners, LP

EQM

3.33%

New

Energy Transfer Equity, L.P.

ETE

3.33%

Existing

Energy Transfer Partners, L.P.

ETP

3.33%

Existing

Kinder Morgan, Inc.

KMI

3.33%

Existing

Kinder Morgan Energy Partners, L.P.

KMP

3.33%

Existing

Magellan Midstream Partners, L.P.

MMP

3.33%

Existing

NGL Energy Partners LP

NGL

3.33%

New

Targa Resources Partners, L.P.

NGLS

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

Phillips 66 Partners LP

PSXP

3.33%

New

Regency Energy Partners, L.P.

RGP

3.33%

New

Suburban Propane Partners, L.P.

SPH

3.33%

New

Sunoco Logistics Partners, L.P.

SXL

3.33%

Existing

Tesoro Logistics LP

TLLP

3.33%

Existing

Targa Resources Corp.

TRGP

3.33%

Existing

Western Gas Partners, L.P.

WES

3.33%

Existing

Williams Partners, L.P.

WPZ

3.33%

Existing

 

Constituents removed, effective June 23, 2014:

Company Name

Ticker

Alliance Holdings GP. L.P.

AHGP

Buckeye Partners, L.P.

BPL

Crestwood Equity Partners LP

CEQP

Genesis Energy, L.P.

GEL

MarkWest Energy Partners, L.P.

MWE

NuStar GP Holdings, LLC

NSH

Spectra Energy Partners, LP

SEP

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® 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® 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 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 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 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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC