Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Utility Index
Dallas, Texas (June 22, 2018) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Utility Index (the “Index”) as part of normal index operations. After the markets close on June 29, 2018, the constituents of the Index will be rebalanced, and the following changes will become effective on July 2, 2018:
Cushing® Utility Index constituents, effective July 2, 2018:
| Company Name | Ticker | Index Weight | Status |
| SCANA Corporation | SCG | 4.78% | Existing |
| PPL Corporation | PPL | 4.38% | Existing |
| The Southern Company | SO | 3.89% | Existing |
| Dominion Energy, Inc. | D | 3.67% | Existing |
| Duke Energy Corporation | DUK | 3.41% | Existing |
| Entergy Corporation | ETR | 3.24% | Existing |
| CenterPoint Energy, Inc. | CNP | 3.08% | Existing |
| FirstEnergy Corp. | FE | 3.01% | Existing |
| The AES Corporation | AES | 2.93% | Existing |
| Edison International | EIX | 2.92% | Existing |
| Consolidated Edison, Inc. | ED | 2.78% | Existing |
| American Electric Power Company, Inc. | AEP | 2.70% | Existing |
| Eversource Energy | ES | 2.64% | Existing |
| Pinnacle West Capital Corporation | PNW | 2.62% | Existing |
| WEC Energy Group, Inc. | WEC | 2.61% | Existing |
| DTE Energy Company | DTE | 2.59% | Existing |
| Xcel Energy Inc. | XEL | 2.53% | Existing |
| Public Service Enterprise Group Inc. | PEG | 2.47% | Existing |
| Exelon Corporation | EXC | 2.41% | Existing |
| Alliant Energy Corporation | LNT | 2.38% | Existing |
| Sempra Energy | SRE | 2.32% | Existing |
| CMS Energy Corporation | CMS | 2.31% | Existing |
| NiSource Inc. | NI | 2.30% | Existing |
| Ameren Corporation | AEE | 2.29% | Existing |
| Evergy, Inc. | EVRG | 2.15% | NEW |
| Alliance Resource Partners, L.P. | ARLP | 2.00% | Existing |
| EnLink Midstream Partners, LP | ENLK | 2.00% | Existing |
| Dominion Energy Midstream Partners, LP | DM | 2.00% | Existing |
| Andeavor Logistics LP | ANDX | 2.00% | Existing |
| DCP Midstream, LP | DCP | 2.00% | Existing |
| Western Gas Partners, L.P. | WES | 2.00% | Existing |
| Crestwood Equity Partners LP | CEQP | 2.00% | Existing |
| EQT Midstream Partners, LP | EQM | 2.00% | Existing |
| Enable Midstream Partners, LP | ENBL | 2.00% | Existing |
| Energy Transfer Equity, L.P. | ETE | 2.00% | Existing |
| MPLX LP | MPLX | 2.00% | NEW |
| Energy Transfer Partners, L.P. | ETP | 2.00% | Existing |
| NextEra Energy, Inc. | NEE | 1.99% | Existing |
| American Water Works Company, Inc. | AWK | 1.60% | Existing |
Constituents removed, effective July 2, 2018:
| Company Name | Ticker |
| AmeriGas Partners, L.P. | APU |
ABOUT THE CUSHING® UTILITY INDEX
The Cushing® Utility Index tracks the performance of widely held companies engaged in electric, gas and water utility services as well as master limited partnerships (MLPs) engaged in storage and transportation of oil, natural gas, coal and consumable fuels. Constituents of the Index are weighted based on current yield. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CUTI”.
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 investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® 30 MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI) and The Cushing® Transportation Index (Bloomberg Ticker: CTRI). For more information, please visit https://www.cushingasset.com/indices.
Contact:
Judson Redmond
214-692-6334
www.cushingasset.com
Source: Cushing® Asset Management, LP, and Swank Capital, LLC
The Cushing® Utility Index (the “Index”) is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have 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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