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 (March 11, 2016) 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 March 18, 2016, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on March 21, 2016.

Cushing® MLP Market Cap Index constituents, effective March 21, 2016:

Company Name Ticker Index Weight Status
Enterprise Products Partners, L.P. EPD 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 6.75% Existing
Buckeye Partners, L.P. BPL 6.52% Existing
MPLX LP MPLX 4.51% Existing
Energy Transfer Equity, L.P. ETE 4.20% Existing
ONEOK, Inc. OKE 4.11% Existing
ONEOK Partners, L.P. OKS 4.05% Existing
Sunoco Logistics Partners, L.P. SXL 3.91% Existing
Williams Partners, L.P. WPZ 3.54% Existing
EQT Midstream Partners, LP EQM 3.06% Existing
AmeriGas Partners, L.P. APU 2.82% Existing
Enbridge Energy Partners,  L.P. EEP 2.78% Existing
Western Gas Partners, L.P. WES 2.47% Existing
Spectra Energy Partners, LP SEP 2.29% Existing
NuStar Energy, L.P. NS 2.11% Existing
Tesoro Logistics LP TLLP 1.96% Existing
Genesis Energy, L.P. GEL 1.86% Existing
TC PipeLines, LP TCP 1.69% Existing
Shell Midstream Partners, L.P. SHLX 1.61% Existing
DCP Midstream Partners, L.P. DPM 1.55% Existing
Suburban Propane Partners, L.P. SPH 1.34% Existing
Plains GP Holdings, L.P. PAGP 1.32% Existing
Boardwalk Pipeline Partners, L.P. BWP 1.25% Existing
Sunoco LP SUN 1.17% Existing
Phillips 66 Partners LP PSXP 1.07% Existing
EnLink Midstream Partners, LP ENLK 1.07% Existing
Antero Midstream Partners LP AM 0.99% NEW

Constituents removed, effective March 21, 2016:

Enbridge Energy Management, L.L.C. EEQ

ABOUT THE CUSHING® MLP MARKET CAP INDEX

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”.

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 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:
Judson Redmond
214-692-6334
www.swankcapital.com

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.