Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

Dallas, Texas (April 1, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the “Index”) as part of normal index operations. After the markets close on April 8, 2016, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on April 11, 2016.

Cushing® MLPHigh Income Index constituents, effective April 11, 2016:

Company Name Ticker Tier Index Weight Prior Tier
Williams Partners, L.P. WPZ 1 5.0% 1
Energy Transfer Equity, L.P. ETE 1 5.0% 3
Summit Midstream Partners, LP SMLP 1 5.0% 2
Plains All American Pipeline, L.P. PAA 1 5.0% 2
Energy Transfer Partners, L.P. ETP 1 5.0% 1
EnLink Midstream Partners, LP ENLK 1 5.0% 3
Enbridge Energy Partners, L.P. EEP 1 5.0% 2
Ferrellgas Partners, L.P. FGP 1 5.0% 1
Suburban Propane Partners, L.P. SPH 1 5.0% 1
DCP Midstream Partners, L.P. DPM 1 5.0% 1
Crestwood Equity Partners LP CEQP 2 3.5% 1
NGL Energy Partners LP NGL 2 3.5% 1
Alliance Holdings GP, L.P. AHGP 2 3.5% New
Calumet Specialty Products Partners, L.P. CLMT 2 3.5% 1
Alliance Resource Partners, L.P. ARLP 2 3.5% 2
Martin Midstream Partners L.P. MMLP 2 3.5% 2
NuStar Energy, L.P. NS 2 3.5% 2
Plains GP Holdings, L.P. PAGP 2 3.5% 2
NuStar GP Holdings, LLC NSH 2 3.5% New
ONEOK Partners, L.P. OKS 2 3.5% 2
Archrock Partners, L.P. APLP 3 1.5% 3
Golar LNG Partners LP GMLP 3 1.5% 3
Sunoco LP SUN 3 1.5% 3
EnLink Midstream, LLC ENLC 3 1.5% New
AmeriGas Partners, L.P. APU 3 1.5% 2
Genesis Energy, L.P. GEL 3 1.5% 1
ONEOK, Inc. OKE 3 1.5% 2
Sunoco Logistics Partners, L.P. SXL 3 1.5% New
Black Stone Minerals, L.P. BSM 3 1.5% New
Western Gas Partners, L.P. WES 3 1.5% 3

 

Constituents removed,effective April 11, 2016:

Company Name Ticker
MPLX LP MPLX
Buckeye Partners, L.P. BPL
TC PipeLines, LP TCP
Rose Rock Midstream, L.P. RRMS
Capital Product Partners L.P. CPLP

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:
Judson Redmond
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.