Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index
Dallas, Texas (June 12, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on June 19, 2015, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 22, 2015.
Cushing® 30 MLP Index constituents, effective June 22, 2015:
|
Company Name
|
Ticker | Index Weight | Status |
|
AmeriGas Partners, L.P.
|
APU | 3.33% | Existing |
|
Alliance Resource Partners, L.P.
|
ARLP | 3.33% | Existing |
|
Buckeye Partners, L.P.
|
BPL | 3.33% | NEW |
|
Crestwood Midstream Partners LP
|
CMLP | 3.33% | Existing |
|
DCP Midstream Partners, L.P.
|
DPM | 3.33% | Existing |
|
Enbridge Energy Partners, L.P.
|
EEP | 3.33% | Existing |
|
EnLink Midstream Partners, LP
|
ENLK | 3.33% | Existing |
|
Enterprise Products Partners, L.P.
|
EPD | 3.33% | Existing |
|
Energy Transfer Equity, L.P.
|
ETE | 3.33% | Existing |
|
Energy Transfer Partners, L.P.
|
ETP | 3.33% | Existing |
|
Ferrellgas Partners, L.P.
|
FGP | 3.33% | NEW |
|
Magellan Midstream Partners, L.P.
|
MMP | 3.33% | Existing |
|
MPLX LP
|
MPLX | 3.33% | Existing |
|
MarkWest Energy Partners, L.P.
|
MWE | 3.33% | Existing |
|
NGL Energy Partners LP
|
NGL | 3.33% | Existing |
|
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 |
|
Rose Rock Midstream, L.P.
|
RRMS | 3.33% | NEW |
|
Summit Midstream Partners, LP
|
SMLP | 3.33% | NEW |
|
Sunoco LP
|
SUN | 3.33% | Existing |
|
Sunoco Logistics Partners, L.P.
|
SXL | 3.33% | Existing |
|
Tallgrass Energy Partners, LP
|
TEP | 3.33% | NEW |
|
Tesoro Logistics LP
|
TLLP | 3.33% | Existing |
|
Targa Resources Corp.
|
TRGP | 3.33% | Existing |
|
Western Gas Partners, L.P.
|
WES | 3.33% | Existing |
|
The Williams Companies, Inc.
|
WMB | 3.33% | Existing |
|
Western Refining Logistics, LP
|
WNRL | 3.33% | NEW |
|
Williams Partners, L.P.
|
WPZ | 3.33% | Existing |
Constituents removed, effective June 22, 2015:
| Company Name |
Ticker
|
| Boardwalk Pipeline Partners, L.P. |
BWP
|
| EQT Midstream Partners, LP |
EQM
|
| EnLink Midstream, LLC |
ENLC
|
| Global Partners LP |
GLP
|
| Phillips 66 Partners LP |
PSXP
|
| Suburban Propane Partners, L.P. |
SPH
|
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.
Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com
Source: Cushing® Asset Management, LP and Swank Capital, LLC
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.
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