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

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

Dallas, Texas (December 11, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP Market Cap Index (the “Index”) as part of normal index operations. After the markets close on December 18, 2015, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on December 21, 2015.

Cushing® MLP Market Cap Index constituents, effective December 21, 2015:

Company Name Ticker Index Weight Status
Enterprise Products Partners, L.P. EPD 7.50% Existing
Energy Transfer Equity, L.P. ETE 7.50% Existing
Energy Transfer Partners, L.P. ETP 7.50% Existing
Magellan Midstream Partners, L.P. MMP 7.50% Existing
The Williams Companies, Inc. WMB 7.50% Existing
Plains All American Pipeline, L.P. PAA 5.86% Existing
Buckeye Partners, L.P. BPL 5.35% Existing
Williams Partners, L.P. WPZ 4.02% Existing
Enbridge Energy Partners,  L.P. EEP 3.26% Existing
Sunoco Logistics Partners, L.P. SXL 3.26% Existing
ONEOK, Inc. OKE 3.10% Existing
ONEOK Partners, L.P. OKS 3.09% Existing
EQT Midstream Partners, LP EQM 2.57% Existing
Western Gas Partners, L.P. WES 2.40% Existing
Genesis Energy, L.P. GEL 2.30% Existing
Spectra Energy Partners, LP SEP 2.24% Existing
AmeriGas Partners, L.P. APU 2.16% Existing
Targa Resources Partners, L.P. NGLS 2.02% Existing
NuStar Energy, L.P. NS 1.90% Existing
Tesoro Logistics LP TLLP 1.84% Existing
TC PipeLines, LP TCP 1.59% Existing
Plains GP Holdings, L.P. PAGP 1.56% Existing
DCP Midstream Partners, L.P. DPM 1.49% Existing
Shell Midstream Partners, L.P. SHLX 1.45% NEW
EnLink Midstream Partners, LP ENLK 1.34% Existing
Targa Resources Corp. TRGP 1.10% Existing
Suburban Propane Partners, L.P. SPH 1.09% Existing
Boardwalk Pipeline Partners, L.P. BWP 1.00% Existing
Enbridge Energy Management, L.L.C. EEQ 0.98% Existing

Constituents removed, effective December 21, 2015:

NGL Energy Partners LP NGL
Tallgrass Energy Partners, LP TEP


The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs). The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance. The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs.  The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CMCI”.


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 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-cushingindices.

Judson Redmond

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® MLP Market Cap 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.