Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index – [REVISED]

Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index – [REVISED]

Dallas, Texas (January 2, 2015) Swank Capital, LLC and Cushing® 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 January 9, 2015, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on January 12, 2015.
Cushing® MLP High Income Index constituents, effective January 12, 2015:

Company Name

Ticker

Tier

Index Weight

Prior Tier

Vanguard Natural Resources, LLC

VNR

1

5.0%

1

Memorial Production Partners LP

MEMP

1

5.0%

1

Seadrill Partners LLC

SDLP

1

5.0%

1

Calumet Specialty Products Partners, L.P.

CLMT

1

5.0%

2

Crestwood Midstream Partners LP

CMLP

1

5.0%

2

Exterran Partners, L.P.

EXLP

1

5.0%

New

Atlas Pipeline Partners, L.P.

APL

1

5.0%

1

Ferrellgas Partners, L.P.

FGP

1

5.0%

2

NGL Energy Partners LP

NGL

1

5.0%

3

Regency Energy Partners, L.P.

RGP

1

5.0%

2

Atlas Resource Partners, L.P.

ARP

2

3.5%

1

Legacy Reserves LP

LGCY

2

3.5%

1

Navios Maritime Partners L.P.

NMM

2

3.5%

2

EV Energy Partners, L.P.

EVEP

2

3.5%

3

Martin Midstream Partners L.P.

MMLP

2

3.5%

2

Capital Product Partners L.P.

CPLP

2

3.5%

1

Williams Partners, L.P.

WPZ

2

3.5%

1

Suburban Propane Partners, L.P.

SPH

2

3.5%

2

Hi-Crush Partners LP

HCLP

2

3.5%

3

Teekay Offshore Partners L.P.

TOO

3

1.5%

New

USA Compression Partners, LP

USAC

3

1.5%

New

Foresight Energy LP

FELP

3

1.5%

New

Global Partners LP

GLP

3

1.5%

New

ONEOK Partners, L.P.

OKS

3

1.5%

3

NuStar Energy, L.P.

NS

3

1.5%

3

AmeriGas Partners, L.P.

APU

3

1.5%

3

Golar LNG Partners LP

GMLP

3

1.5%

New

Holly Energy Partners, L.P.

HEP

3

1.5%

New

DCP Midstream Partners, L.P.

DPM

3

1.5%

3

Atlas Energy, L.P.

ATLS

3

1.5%

New

Constituents removed, effective January 12, 2015:

Company Name

Ticker

Alliance Resource Partners, L.P.

ARLP

BreitBurn Energy Partners L.P.

BBEP

Buckeye Partners, L.P.

BPL

CSI Compressco LP

CCLP

Enbridge Energy Partners, L.P.

EEP

Energy Transfer Partners, L.P.

ETP

EnLink Midstream Partners, LP

ENLK

Linn Energy, LLC

LINE

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® 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® 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® 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.

For additional information contact:
Shane Hopkins 214-692-6334
www.swankcapital.com

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 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 (“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 S&P nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.