Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
Dallas, Texas (July 6, 2018) 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 July 13, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 16, 2018.
Cushing® MLP High Income Index constituents, effective July 16, 2018:
Company Name | Ticker | Tier | Index Weight | Prior Tier |
Golar LNG Partners LP | GMLP | 1 | 5.0% | 1 |
Buckeye Partners, L.P. | BPL | 1 | 5.0% | 1 |
Sunoco LP | SUN | 1 | 5.0% | 1 |
Enbridge Energy Partners, L.P. | EEP | 1 | 5.0% | 1 |
NGL Energy Partners LP | NGL | 1 | 5.0% | 1 |
USA Compression Partners, LP | USAC | 1 | 5.0% | 1 |
Energy Transfer Partners, L.P. | ETP | 1 | 5.0% | 1 |
Alliance Resource Partners, L.P. | ARLP | 1 | 5.0% | 1 |
EnLink Midstream Partners, LP | ENLK | 1 | 5.0% | 2 |
Andeavor Logistics LP | ANDX | 1 | 5.0% | 3 |
Summit Midstream Partners, LP | SMLP | 2 | 3.5% | 1 |
Dominion Energy Midstream Partners, LP | DM | 2 | 3.5% | 3 |
AmeriGas Partners, L.P. | APU | 2 | 3.5% | 2 |
Spectra Energy Partners, LP | SEP | 2 | 3.5% | 2 |
EQT Midstream Partners, LP | EQM | 2 | 3.5% | 2 |
DCP Midstream, LP | DCP | 2 | 3.5% | 3 |
Western Gas Partners, L.P. | WES | 2 | 3.5% | 3 |
Hi-Crush Partners LP | HCLP | 2 | 3.5% | 3 |
Crestwood Equity Partners LP | CEQP | 2 | 3.5% | 2 |
Enable Midstream Partners, LP | ENBL | 2 | 3.5% | 2 |
American Midstream Partners, LP | AMID | 3 | 1.5% | New |
Martin Midstream Partners L.P. | MMLP | 3 | 1.5% | 3 |
Holly Energy Partners, L.P. | HEP | 3 | 1.5% | 2 |
GasLog Partners LP | GLOP | 3 | 1.5% | 3 |
MPLX LP | MPLX | 3 | 1.5% | 3 |
Energy Transfer Equity, L.P. | ETE | 3 | 1.5% | 3 |
Black Stone Minerals, L.P. | BSM | 3 | 1.5% | 3 |
CNX Midstream Partners LP | CNXM | 3 | 1.5% | New |
Western Gas Equity Partners, LP | WGP | 3 | 1.5% | 2 |
Enterprise Products Partners, L.P. | EPD | 3 | 1.5% | New |
Constituents removed, effective July 16, 2018:
Company Name | Ticker |
Williams Partners L.P. | WPZ |
Shell Midstream Partners, L.P. | SHLX |
Rice Midstream Partners LP | RMP |
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), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit https://www.cushingasset.com/indices.
For additional information contact:
Judson Redmond
214-692-6334
Source: Cushing® Asset Management, LP and Swank Capital, LLC
The Cushing® MLP High Income 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 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.