Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index
Dallas, Texas (March 10, 2017) 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 March 17, 2017, the 30 constituents of the Index will be rebalanced, effective March 20, 2017, as follows. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on this date.
Cushing® 30 MLP Index constituents, effective March 20, 2017:
|Company Name||Ticker||Index Weight||Status|
|AmeriGas Partners, L.P.||APU||3.33%||Existing|
|Antero Midstream Partners LP||AM||3.33%||Existing|
|Buckeye Partners, L.P.||BPL||3.33%||Existing|
|DCP Midstream, LP||DCP||3.33%||Existing|
|Dominion Midstream Partners, LP||DM||3.33%||Existing|
|EQT Midstream Partners, LP||EQM||3.33%||Existing|
|EnLink Midstream Partners, LP||ENLK||3.33%||Existing|
|Enbridge Energy Partners, L.P.||EEP||3.33%||Existing|
|Energy Transfer Equity, L.P.||ETE||3.33%||Existing|
|Energy Transfer Partners, L.P.||ETP||3.33%||Existing|
|Enterprise Products Partners, L.P.||EPD||3.33%||Existing|
|Genesis Energy, L.P.||GEL||3.33%||Existing|
|Magellan Midstream Partners, L.P.||MMP||3.33%||Existing|
|ONEOK Partners, L.P.||OKS||3.33%||Existing|
|Phillips 66 Partners LP||PSXP||3.33%||Existing|
|Rice Midstream Partners LP||RMP||3.33%||Existing|
|Shell Midstream Partners, L.P.||SHLX||3.33%||Existing|
|Spectra Energy Partners, LP||SEP||3.33%||Existing|
|Suburban Propane Partners, L.P.||SPH||3.33%||Existing|
|Summit Midstream Partners, LP||SMLP||3.33%||Existing|
|Sunoco Logistics Partners, L.P.||SXL||3.33%||Existing|
|Tallgrass Energy Partners, LP||TEP||3.33%||Existing|
|Tesoro Logistics LP||TLLP||3.33%||Existing|
|Valero Energy Partners LP||VLP||3.33%||Existing|
|Western Gas Partners, L.P.||WES||3.33%||Existing|
|Western Refining Logistics, LP||WNRL||3.33%||Existing|
|Williams Partners, L.P.||WPZ||3.33%||Existing|
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 formula-based proprietary valuation 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 https://www.cushingasset.com/indices/.
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.