Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
Dallas, Texas (October 3, 2014) Swank Capital, LLC and Cushing® AssetManagement, LP announced today upcoming changes to the constituents of The Cushing®MLP High Income Index (the “Index”) as part of normal index operations. Afterthe markets close on October 10, 2014, the 30 members of the Index will beadjusted and rebalanced and the changes will become effective on October 13,2014.
Cushing® MLPHigh Income Index constituents, effective October 13, 2014:
Company Name | Ticker | Tier | Index Weight | Prior Tier |
Atlas Resource Partners, L.P. | ARP | 1 | 5.0% | 1 |
Memorial Production Partners LP | MEMP | 1 | 5.0% | 1 |
BreitBurn Energy Partners L.P. | BBEP | 1 | 5.0% | 1 |
Linn Energy, LLC | LINE | 1 | 5.0% | 1 |
Capital Product Partners L.P. | CPLP | 1 | 5.0% | 1 |
Vanguard Natural Resources, LLC | VNR | 1 | 5.0% | New |
Crestwood Midstream Partners LP | CMLP | 1 | 5.0% | 1 |
Williams Partners, L.P. | WPZ | 1 | 5.0% | 2 |
Atlas Pipeline Partners, L.P. | APL | 1 | 5.0% | 2 |
El Paso Pipeline Partners, L.P. | EPB | 1 | 5.0% | 2 |
Calumet Specialty Products Partners, L.P. | CLMT | 2 | 3.5% | 2 |
QR Energy, LP | QRE | 2 | 3.5% | New |
Navios Maritime Partners L.P. | NMM | 2 | 3.5% | 2 |
Martin Midstream Partners L.P. | MMLP | 2 | 3.5% | New |
Compressco Partners, LP | GSJK | 2 | 3.5% | New |
Seadrill Partners LLC | SDLP | 2 | 3.5% | 3 |
Regency Energy Partners, L.P. | RGP | 2 | 3.5% | 3 |
Kinder Morgan Energy Partners, L.P. | KMP | 2 | 3.5% | 2 |
Energy Transfer Partners, L.P. | ETP | 2 | 3.5% | 2 |
Enbridge Energy Partners, L.P. | EEP | 2 | 3.5% | 3 |
EV Energy Partners, L.P. | EVEP | 3 | 1.5% | 2 |
AmeriGas Partners, L.P. | APU | 3 | 1.5% | 1 |
NuStar Energy, L.P. | NS | 3 | 1.5% | 2 |
Alliance Resource Partners, L.P. | ARLP | 3 | 1.5% | New |
Buckeye Partners, L.P. | BPL | 3 | 1.5% | 3 |
DCP Midstream Partners, L.P. | DPM | 3 | 1.5% | New |
NGL Energy Partners LP | NGL | 3 | 1.5% | New |
ONEOK Partners, L.P. | OKS | 3 | 1.5% | New |
EnLink Midstream Partners, LP | ENLK | 3 | 1.5% | New |
Hi-Crush Partners LP | HCLP | 3 | 1.5% | New |
Constituents removed,effective October 13, 2014:
Company Name | Ticker |
Ferrellgas Partners, L.P. | FGP |
Legacy Reserves LP | LGCY |
TC PipeLines, LP | TCP |
Suburban Propane Partners, L.P. | SPH |
NuStar GP Holdings, LLC | NSH |
Exterran Partners, L.P. | EXLP |
Holly Energy Partners, L.P. | HEP |
Golar LNG Partners LP | GMLP |
Teekay LNG Partners L.P. | TGP |
Teekay Offshore Partners L.P. | TOO |
ABOUT THE CUSHING® MLP HIGH INCOME INDEX
The Cushing® MLP High Income Index provides abenchmark that is designed to track the performance of 30 publicly tradedenergy and shipping master limited partnership (MLP) securities with anemphasis on current yield. Thesecurities are chosen for inclusion according to a three-tier proprietaryweighting system developed by Cushing® Asset Management, LP. TheCushing® MLP High Income Index is calculated by S&P Dow JonesIndices and reported on a real-time basis under the Bloomberg ticker “MLPY”.
ABOUT SWANK CAPITAL AND CUSHING® ASSETMANAGEMENT
Cushing® Asset Management, LP (“Cushing”), asubsidiary of Swank Capital, LLC, is an SEC-registered investment adviserheadquartered in Dallas, Texas. Cushing serves as investment adviser toaffiliated funds and managed accounts which invest primarily in securities ofMLPs and other natural resource companies.
Cushing is also dedicated to serving the needs of MLP andenergy income investors by sponsoring a variety of industry benchmarks,including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP Market Cap Index (BloombergTicker: CMCI) and The Cushing®Upstream Energy Income Index (Bloomberg Ticker: CRTY). For more information,please visit www.swankcapital.com/the–cushing–indices.
For additional information contact:
Shane Hopkins 214-692-6334
Source: Cushing®Asset Management, LP and Swank Capital, LLC
The Cushing® MLP High Income 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 JonesIndices LLC) (“S&P Dow Jones Indices”) to maintain and calculate theIndex. S&P® is aregistered 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 beenlicensed to S&P Dow Jones Indices. “Calculated by S&P Dow JonesIndices” and its related stylized mark(s) have been licensed for use by Cushing®Asset Management, LP. Neither S&PDow Jones Indices, SPFS, Dow Jones S&P nor any of their affiliates sponsorand promote the Index and none shall be liable for any errors or omissions incalculating the Index.