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Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Upstream Energy Income Index

Dallas, Texas (September 25, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® Upstream Energy Income Index (the “Index”) as part of normal index operations. After the markets close on October 2, 2015, the 25 constituents of the Index will be rebalanced, and the following changes will become effective on October 5, 2015.

Cushing® Upstream Energy Index constituents, effective October 5, 2015:

ExistingCompany Name
Ticker
Index Weight
Status
BreitBurn Energy Partners L.P.
BBEP
7.50%
Existing
Black Stone Minerals, L.P.
BSM
7.50%
Existing
Linn Energy, LLC
LINE
7.50%
Existing
Vanguard Natural Resources, LLC
VNR
7.50%
Existing
BP Prudhoe Bay Royalty Trust
BPT
7.50%
Existing
Sabine Royalty Trust
SBR
7.33%
Existing
Memorial Production Partners LP
MEMP
6.72%
Existing
Dorchester Minerals LP
DMLP
6.34%
Existing
San Juan Basin Royalty Trust
SJT
5.94%
Existing
Permian Basin Royalty Trust
PBT
5.29%
Existing
EV Energy Partners, L.P.
EVEP
4.68%
Existing
Legacy Reserves LP
LGCY
4.50%
Existing
Atlas Resource Partners, L.P.
ARP
3.50%
Existing
SandRidge Permian Trust
PER
3.46%
Existing
Chesapeake Granite Wash Trust
CHKR
2.39%
Existing
Hugoton Royalty Trust
HGT
1.85%
Existing
SandRidge Mississippian Trust II
SDR
1.71%
Existing
Cross Timbers Royalty Trust
CRT
1.53%
NEW
Pacific Coast Oil Trust
ROYT
1.32%
Existing
SandRidge Mississippian Trust I
SDT
1.31%
Existing
MV Oil Trust
MVO
1.19%
Existing
Enduro Royalty Trust
NDRO
1.09%
Existing
VOC Energy Trust
VOC
1.06%
Existing
Mid-Con Energy Partners, LP
MCEP
0.91%
Existing
Whiting USA Trust II
WHZ
0.38%
NEW

Constituents removed, effective October 5, 2015:

Company Name
Ticker
Eagle Rock Energy Partners, L.P.
EROC
LRR Energy, L.P.
LRE

ABOUT THE CUSHING® UPSTREAM ENERGY INCOME INDEX

The Index is designed to track the performance of publicly traded U.S. royalty trusts and upstream exploration and production (“Upstream”) energy master limited partnerships (“MLPs”). The Index is currently comprised of 25 U.S. royalty trusts and Upstream MLPs, 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 U.S. royalty trusts and Upstream MLPs. The Index is quoted under the Bloomberg ticker “CRTY” as well as on a total-return basis, using end of day pricing, under the ticker “CRTYTR”. For more information about the Index, please visit: www.swankcapital.com/the-cushing-indices.

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® 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. Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY) and The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX). For more information, please visit www.swankcapital.com/the-cushing-indices.

Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® Upstream Energy 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.

Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to the Cushing® MLP High Income Index

Dallas, Texas (September 23, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to The Cushing® MLP High Income Index (the “Index”). Index constituents Crestwood Midstream Partners LP (NYSE: CMLP) and Crestwood Equity Partners LP (NYSE: CEQP) previously entered into a merger agreement wherein CMLP would be acquired by CEQP, subject to the approval of CMLP unitholders. A special meeting of the unitholders of CMLP is scheduled for September 30, 2015, at 10:00 AM Central Daylight Time for the purpose of considering and voting on the proposed acquisition.

If the acquisition is approved, CMLP will be removed from the Index and replaced with Plains All American Pipeline, L.P. (NYSE: PAA) after the markets close on September 30, 2015. The change will be effective on October 1, 2015.

The remaining constituents of the Index will be unaffected.

If the acquisition is not approved, there will be no change to the constituents of the Index.

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:
Gavin Worthy
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.

Swank Capital and Cushing® Asset Management Announce a Potential Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (September 23, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to The Cushing® 30 MLP Index (the “Index”). Index constituent Crestwood Midstream Partners LP (NYSE: CMLP) previously entered into a merger agreement with Crestwood Equity Partners LP (NYSE: CEQP) wherein CMLP would be acquired by CEQP, subject to the approval of CMLP unitholders. A special meeting of the unitholders of CMLP is scheduled for September 30, 2015, at 10:00 AM Central Daylight Time for the purpose of considering
and voting on the proposed acquisition.

If the acquisition is approved, CMLP will be removed from the Index and replaced with EQT Midstream Partners, LP (NYSE: EQM) after the markets close on September 30, 2015. The change will be effective on October 1, 2015.

The remaining constituents of the Index will be unaffected.

If the acquisition is not approved, there will be no change to the constituents of the Index.

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 proprietary fundamental scoring 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 www.swankcapital.com/the-cushing-indices.

Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com

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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

Dallas, Texas (September 11, 2015) 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 September 18, 2015, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on September 21, 2015.

Cushing® MLP Market Cap Index constituents, effective September 21, 2015:

Company Name
Ticker
Index Weight
Status
Enterprise Products Partners, L.P.
EPD
7.50%
Existing
Energy Transfer Equity, L.P.
ETE
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
7.13%
Existing
MarkWest Energy Partners, L.P.
MWE
5.38%
Existing
Williams Partners, L.P.
WPZ
5.33%
Existing
Buckeye Partners, L.P.
BPL
4.72%
Existing
ONEOK, Inc.
OKE
3.95%
Existing
Sunoco Logistics Partners, L.P.
SXL
3.11%
Existing
Enbridge Energy Partners, L.P.
EEP
3.00%
Existing
Targa Resources Partners, L.P.
NGLS
2.74%
Existing
ONEOK Partners, L.P.
OKS
2.52%
Existing
Plains GP Holdings, L.P.
PAGP
2.26%
Existing
Western Gas Partners, L.P.
WES
2.22%
Existing
Genesis Energy, L.P.
GEL
2.09%
Existing
NuStar Energy, L.P.
NS
2.06%
Existing
AmeriGas Partners, L.P.
APU
2.00%
Existing
EQT Midstream Partners, LP
EQM
1.92%
Existing
Targa Resources Corp.
TRGP
1.75%
Existing
Tesoro Logistics LP
TLLP
1.65%
Existing
DCP Midstream Partners, L.P.
DPM
1.45%
Existing
TC PipeLines, LP
TCP
1.30%
Existing
EnLink Midstream Partners, LP
ENLK
1.29%
Existing
Suburban Propane Partners, L.P.
SPH
1.13%
Existing
NGL Energy Partners LP
NGL
0.92%
Existing
Enbridge Energy Management, L.L.C.
EEQ
0.89%
Existing
Boardwalk Pipeline Partners, L.P.
BWP
0.87%
Existing
Tallgrass Energy Partners, LP
TEP
0.82%
NEW

Constituents removed, effective September 21, 2015:

Crestwood Midstream Partners LP
CMLP

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:
Gavin Worthy
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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

Dallas, Texas (September 11, 2015) 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 September 18, 2015, the 30 constituents of the Index will be rebalanced, effective September 21, 2015, 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 September 21, 2015:

Company Name
Ticker
Index Weight
Status
AmeriGas Partners, L.P.
APU
3.33%
Existing
Alliance Resource Partners, L.P.
ARLP
3.33%
Existing
Buckeye Partners, L.P.
BPL
3.33%
Existing
Crestwood Midstream Partners LP
CMLP
3.33%
Existing
DCP Midstream Partners, L.P.
DPM
3.33%
Existing
Enbridge Energy Partners, L.P.
EEP
3.33%
Existing
EnLink Midstream Partners, LP
ENLK
3.33%
Existing
Enterprise Products Partners, L.P.
EPD
3.33%
Existing
Energy Transfer Equity, L.P.
ETE
3.33%
Existing
Energy Transfer Partners, L.P.
ETP
3.33%
Existing
Ferrellgas Partners, L.P.
FGP
3.33%
Existing
Magellan Midstream Partners, L.P.
MMP
3.33%
Existing
MPLX LP
MPLX
3.33%
Existing
MarkWest Energy Partners, L.P.
MWE
3.33%
Existing
NGL Energy Partners LP
NGL
3.33%
Existing
Targa Resources Partners, L.P.
NGLS
3.33%
Existing
ONEOK Partners, L.P.
OKS
3.33%
Existing
Plains All American Pipeline, L.P.
PAA
3.33%
Existing
Plains GP Holdings, L.P.
PAGP
3.33%
Existing
Rose Rock Midstream, L.P.
RRMS
3.33%
Existing
Summit Midstream Partners, LP
SMLP
3.33%
Existing
Sunoco LP
SUN
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
Targa Resources Corp.
TRGP
3.33%
Existing
Western Gas Partners, L.P.
WES
3.33%
Existing
The Williams Companies, Inc.
WMB
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 proprietary fundamental scoring 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 www.swankcapital.com/the-cushing-indices.

Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com

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.

Swank Capital and Cushing® Asset Management Announce a Constituent Change to the Cushing® MLP High Income Index

Dallas, Texas (July 23, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce an interim change to the constituents of The Cushing® MLP High Income Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place at the earlier of the ex-date or the end of the current month. Summit Midstream Partners, LP (NYSE: SMLP) will replace Hi-Crush Partners LP (NYSE: HCLP) as a constituent of the Index due to the July 21, 2015, announcement by HCLP of a reduction in its quarterly distribution. The constituent change will take place after the market closes on July 31, 2015, (the last trading day in July 2015) and will become effective on August 3, 2015.

The remaining constituents of the Index will be unaffected.

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:
Gavin Worthy
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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Upstream Energy Income Index

Dallas, Texas (June 26, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® Upstream Energy Income Index (the “Index”) as part of normal index operations. After the markets close on July 2, 2015, the 25 constituents of the Index will be rebalanced, and the following changes will become effective on July 6, 2015.

Cushing® Upstream Energy Index constituents, effective July 6, 2015:

ExistingCompany Name
Ticker
Index Weight
Status
BreitBurn Energy Partners L.P.
BBEP
7.50%
Existing
Black Stone Minerals, L.P.
BSM
7.50%
NEW
Linn Energy, LLC
LINE
7.50%
Existing
Memorial Production Partners LP
MEMP
7.50%
Existing
Vanguard Natural Resources, LLC
VNR
7.50%
Existing
BP Prudhoe Bay Royalty Trust
BPT
7.50%
Existing
Legacy Reserves LP
LGCY
5.54%
Existing
Sabine Royalty Trust
SBR
5.37%
Existing
EV Energy Partners, L.P.
EVEP
5.31%
Existing
Dorchester Minerals LP
DMLP
5.31%
Existing
Atlas Resource Partners, L.P.
ARP
4.64%
Existing
San Juan Basin Royalty Trust
SJT
4.37%
Existing
Permian Basin Royalty Trust
PBT
3.64%
Existing
SandRidge Permian Trust
PER
3.60%
Existing
Chesapeake Granite Wash Trust
CHKR
3.37%
Existing
Eagle Rock Energy Partners, L.P.
EROC
2.35%
Existing
LRR Energy, L.P.
LRE
1.68%
Existing
SandRidge Mississippian Trust II
SDR
1.65%
Existing
Hugoton Royalty Trust
HGT
1.40%
Existing
MV Oil Trust
MVO
1.23%
Existing
Mid-Con Energy Partners, LP
MCEP
1.21%
Existing
Pacific Coast Oil Trust
ROYT
1.19%
Existing
SandRidge Mississippian Trust I
SDT
1.16%
Existing
Enduro Royalty Trust
NDRO
1.01%
Existing
VOC Energy Trust
VOC
0.97%
NEW

Constituents removed, effective July 6, 2015:

Company Name
Ticker
Cross Timbers Royalty Trust
CRT
Whiting USA Trust II
WHZ

ABOUT THE CUSHING® UPSTREAM ENERGY INCOME INDEX

The Index is designed to track the performance of publicly traded U.S. royalty trusts and upstream exploration and production (“Upstream”) energy master limited partnerships (“MLPs”). The Index is currently comprised of 25 U.S. royalty trusts and Upstream MLPs, 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 U.S. royalty trusts and Upstream MLPs. The Index is quoted under the Bloomberg ticker “CRTY” as well as on a total-return basis, using end of day pricing, under the ticker “CRTYTR”. For more information about the Index, please visit: www.swankcapital.com/the-cushing-indices.

ABOUT SWANK CAPITAL AND CUSHING® MLP 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® 30 MLP Index (Bloomberg Ticker: MLPX). For more information, please visit www.swankcapital.com/the-cushing-indices.

Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com

Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® Upstream Energy 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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

Dallas, Texas (June 12, 2015) 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 June 19, 2015, the 30 constituents of the Index will be rebalanced, effective on June 22, 2015, as follows. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on this date.

Cushing® MLP Market Cap Index constituents, effective June 22, 2015:

Company Name
Ticker
Index Weight
Status
Enterprise Products Partners, L.P.
EPD
7.50%
Existing
Energy Transfer Equity, L.P.
ETE
7.50%
Existing
Magellan Midstream Partners, L.P.
MMP
7.50%
Existing
Plains All American Pipeline, L.P.
PAA
7.50%
Existing
The Williams Companies, Inc.
WMB
7.50%
Existing
Energy Transfer Partners, L.P.
ETP
6.72%
Existing
Williams Partners, L.P.
WPZ
5.81%
Existing
MarkWest Energy Partners, L.P.
MWE
5.02%
Existing
Buckeye Partners, L.P.
BPL
4.39%
Existing
ONEOK, Inc.
OKE
3.65%
Existing
Enbridge Energy Partners, L.P.
EEP
3.50%
Existing
Sunoco Logistics Partners, L.P.
SXL
3.09%
Existing
Targa Resources Partners, L.P.
NGLS
2.96%
Existing
Plains GP Holdings, L.P.
PAGP
2.74%
Existing
ONEOK Partners, L.P.
OKS
2.71%
Existing
Western Gas Partners, L.P.
WES
2.30%
Existing
Targa Resources Corp.
TRGP
2.10%
Existing
NuStar Energy, L.P.
NS
2.04%
Existing
AmeriGas Partners, L.P.
APU
1.91%
Existing
EQT Midstream Partners, LP
EQM
1.80%
Existing
Genesis Energy, L.P.
GEL
1.70%
Existing
DCP Midstream Partners, L.P.
DPM
1.41%
Existing
Tesoro Logistics LP
TLLP
1.34%
Existing
TC PipeLines, LP
TCP
1.30%
Existing
EnLink Midstream Partners, LP
ENLK
1.13%
Existing
Suburban Propane Partners, L.P.
SPH
1.13%
Existing
NGL Energy Partners LP
NGL
1.12%
Existing
Enbridge Energy Management, L.L.C.
EEQ
0.96%
Existing
Boardwalk Pipeline Partners, L.P.
BWP
0.86%
Existing
Crestwood Midstream Partners LP
CMLP
0.81%
Existing

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:
Gavin Worthy
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.

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® 30 MLP Index

Dallas, Texas (June 12, 2015) 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 June 19, 2015, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 22, 2015.

Cushing® 30 MLP Index constituents, effective June 22, 2015:

Company Name
Ticker Index Weight Status
AmeriGas Partners, L.P.
APU 3.33% Existing
Alliance Resource Partners, L.P.
ARLP 3.33% Existing
Buckeye Partners, L.P.
BPL 3.33% NEW
Crestwood Midstream Partners LP
CMLP 3.33% Existing
DCP Midstream Partners, L.P.
DPM 3.33% Existing
Enbridge Energy Partners, L.P.
EEP 3.33% Existing
EnLink Midstream Partners, LP
ENLK 3.33% Existing
Enterprise Products Partners, L.P.
EPD 3.33% Existing
Energy Transfer Equity, L.P.
ETE 3.33% Existing
Energy Transfer Partners, L.P.
ETP 3.33% Existing
Ferrellgas Partners, L.P.
FGP 3.33% NEW
Magellan Midstream Partners, L.P.
MMP 3.33% Existing
MPLX LP
MPLX 3.33% Existing
MarkWest Energy Partners, L.P.
MWE 3.33% Existing
NGL Energy Partners LP
NGL 3.33% Existing
Targa Resources Partners, L.P.
NGLS 3.33% Existing
ONEOK Partners, L.P.
OKS 3.33% Existing
Plains All American Pipeline, L.P.
PAA 3.33% Existing
Plains GP Holdings, L.P.
PAGP 3.33% Existing
Rose Rock Midstream, L.P.
RRMS 3.33% NEW
Summit Midstream Partners, LP
SMLP 3.33% NEW
Sunoco LP
SUN 3.33% Existing
Sunoco Logistics Partners, L.P.
SXL 3.33% Existing
Tallgrass Energy Partners, LP
TEP 3.33% NEW
Tesoro Logistics LP
TLLP 3.33% Existing
Targa Resources Corp.
TRGP 3.33% Existing
Western Gas Partners, L.P.
WES 3.33% Existing
The Williams Companies, Inc.
WMB 3.33% Existing
Western Refining Logistics, LP
WNRL 3.33% NEW
Williams Partners, L.P.
WPZ 3.33% Existing

Constituents removed, effective June 22, 2015:

Company Name
Ticker
Boardwalk Pipeline Partners, L.P.
BWP
EQT Midstream Partners, LP
EQM
EnLink Midstream, LLC
ENLC
Global Partners LP
GLP
Phillips 66 Partners LP
PSXP
Suburban Propane Partners, L.P.
SPH

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 proprietary fundamental scoring 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 www.swankcapital.com/the-cushing-indices.

Contact:
Gavin Worthy
214-692-6334
www.swankcapital.com

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.

Swank Capital and Cushing® Asset Management Announce a Constituent Change to the Cushing® MLP High Income Index

Dallas, Texas (April 23, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce an interim change to the constituents of The Cushing® MLP High Income Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place at the earlier of the ex-date or the end of the current month. Summit Midstream Partners, LP (NYSE: SMLP) will replace Natural Resource Partners L.P. (NYSE: NRP) as a constituent of the Index due to the April 22, 2015, announcement by NRP of a reduction in its quarterly distribution. The constituent change will take place after the market closes on April 30, 2015, (the last trading day in April 2015) and will become effective on May 1, 2015.

The remaining constituents of the Index will be unaffected.

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:
Gavin Worthy
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.