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Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® Upstream Energy Income Index

Dallas, Texas (May 11, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce today an immediate constituent change to The Cushing® Upstream Energy Income Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a bankruptcy will take place immediately after a bankruptcy filing. Due to the May 11, 2016, bankruptcy filing by Linn Energy, LLC (NASDAQ: LINE), LINE will be removed from the Index after the market closes on May 11, 2016, and effective May 12, 2016, Mesa Royalty Trust (NYSE: MTR) will replace LINE at LINE’s then-current weight.

There will be no changes to the remaining constituents of the Index.

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 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:
Judson Redmond
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 Constituent Change to the Cushing® MLP High Income Index

Dallas, Texas (May 3, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming 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 on the earlier of the distribution ex-date or the last trading day of the current month. Due to the May 2, 2016, distribution cut announcement by Archrock Partners, L.P. (NASDAQ: APLP), after the market closes on May 10, 2016, (the ex-date for the APLP distribution) and effective May 11, 2016, SunCoke Energy Partners, L.P. (NYSE: SXCP) will replace APLP at APLP’s then-current weight.

There will be no changes to the remaining 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:
Judson Redmond
214-692-6334
www.cushingasset.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 Constituent Changes to the Cushing® MLP High Income Index

Dallas, Texas (April 26, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming 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 on the earlier of the distribution ex-date or the last trading day of the current month. On April 26, 2016, both Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings GP, L.P. (NASDAQ: AHGP) announced distribution cuts. As a result of the announcements, after the market closes on April 29, 2016, (the last trading day of the current month) and effective on May 2, 2016, TC PipeLines, LP (NYSE: TCP) and MPLX LP (NYSE: MPLX) will replace ARLP and AHGP, respectively.

These constituent changes are in addition to the constituent changes previously announced on April 22, 2016, in which Buckeye Partners, L.P. (NYSE: BPL), Tesoro Logistics LP (NYSE: TLLP) and Tallgrass Energy Partners, LP (NYSE: TEP) will replace Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), Crestwood Equity Partners LP (NYSE: CEQP) and NGL Energy Partners LP (NYSE: NGL), respectively, as constituents after the market closes on April 29, 2016, and effective on May 2, 2016. The following table summarizes the upcoming constituent changes to the Index:

Cushing® MLP High Income Index changes, effective May 2, 2016:

Constituent Removed
Replacement Constituent
Calumet Specialty Products Partners, L.P. CLMT Buckeye Partners, L.P. BPL
Crestwood Equity Partners LP CEQP Tesoro Logistics LP TLLP
NGL Energy Partners LP NGL Tallgrass Energy Partners, LP TEP
Alliance Resource Partners, L.P. ARLP TC PipeLines, LP TCP
Alliance Holdings GP, L.P. AHGP MPLX LP MPLX

Each replacement constituent will be added at the then-current weight of the corresponding removed constituent. There will be no changes to the remaining 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:
Judson Redmond
214-692-6334
www.cushingasset.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 Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (April 26, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the earlier of the distribution ex-date or the last trading day of the current month. Due to the April 26, 2016, distribution cut announcement by Alliance Resource Partners, L.P. (NASDAQ: ARLP), after the market closes on April 29, 2016, (the last trading day of the current month) and effective on May 2, 2016, NuStar Energy L.P. (NYSE: NS) will replace ARLP as a constituent of the Index.

This constituent change is in addition to the constituent change previously announced on April 22, 2016, in which ONEOK, Inc. (NYSE: OKE) will replace NGL Energy Partners LP (NYSE: NGL) as a constituent after the market closes on April 29, 2016, and effective on May 2, 2016. The following table summarizes the upcoming constituent changes to the Index:

Cushing® 30 MLP Index changes, effective May 2, 2016:

Constituent Removed
Replacement Constituent
NGL Energy Partners LP NGL ONEOK, Inc. OKE
Alliance Resource Partners, L.P. ARLP NuStar Energy L.P. NS

Each replacement constituent will be added at the then-current weight of the corresponding removed constituent. There will be no changes to the remaining 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:
Judson Redmond
214-692-6334
www.cushingasset.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 Constituent Changes to the Cushing® MLP High Income Index

Dallas, Texas (April 22, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming 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 on the earlier of the ex-date or the last trading day of the current month. On April 15, 2016, Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) announced that it was suspending its distribution. Subsequently, on April 21, 2016, Crestwood Equity Partners LP (NYSE: CEQP) and NGL Energy Partners LP (NYSE: NGL) announced distribution cuts. As a result of the announcements, the following changes to the Index will take place after the market closes on April 29, 2016, (the last trading day of April 2016) and be effective on May 2, 2016:

Cushing® MLP High Income Index changes, effective May 2, 2016:

Constituent Removed Replacement Constituent
Calumet Specialty Products Partners, L.P. CLMT Buckeye Partners, L.P. BPL
Crestwood Equity Partners LP CEQP Tesoro Logistics LP TLLP
NGL Energy Partners LP NGL Tallgrass Energy Partners, LP TEP

Each replacement constituent will be added at the then-current weight of the corresponding removed constituent. There will be no changes to the remaining 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:
Judson Redmond
214-692-6334
www.cushingasset.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 Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (April 22, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). Per the Index’s methodology guide, a constituent change due to a distribution cut will take place on the earlier of the ex-date or the last trading day of the current month. Due to the April 21, 2016, distribution cut announcement by NGL Energy Partners LP (NYSE: NGL), after the market closes on April 29, 2016, (both the last trading day of April 2016 and the ex-date of NGL’s distribution) and effective on May 2, 2016, ONEOK, Inc. (NYSE: OKE) will replace NGL as a constituent of the Index at the then-current weight of NGL.

There will be no changes to the remaining 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:
Judson Redmond
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.

CUSH-MLPX

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.

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

Dallas, Texas (March 11, 2016) 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 March 18, 2016, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on March 21, 2016.

Cushing® MLP Market Cap Index constituents, effective March 21, 2016:

Company Name Ticker Index Weight Status
Enterprise Products Partners, L.P. EPD 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 6.75% Existing
Buckeye Partners, L.P. BPL 6.52% Existing
MPLX LP MPLX 4.51% Existing
Energy Transfer Equity, L.P. ETE 4.20% Existing
ONEOK, Inc. OKE 4.11% Existing
ONEOK Partners, L.P. OKS 4.05% Existing
Sunoco Logistics Partners, L.P. SXL 3.91% Existing
Williams Partners, L.P. WPZ 3.54% Existing
EQT Midstream Partners, LP EQM 3.06% Existing
AmeriGas Partners, L.P. APU 2.82% Existing
Enbridge Energy Partners,  L.P. EEP 2.78% Existing
Western Gas Partners, L.P. WES 2.47% Existing
Spectra Energy Partners, LP SEP 2.29% Existing
NuStar Energy, L.P. NS 2.11% Existing
Tesoro Logistics LP TLLP 1.96% Existing
Genesis Energy, L.P. GEL 1.86% Existing
TC PipeLines, LP TCP 1.69% Existing
Shell Midstream Partners, L.P. SHLX 1.61% Existing
DCP Midstream Partners, L.P. DPM 1.55% Existing
Suburban Propane Partners, L.P. SPH 1.34% Existing
Plains GP Holdings, L.P. PAGP 1.32% Existing
Boardwalk Pipeline Partners, L.P. BWP 1.25% Existing
Sunoco LP SUN 1.17% Existing
Phillips 66 Partners LP PSXP 1.07% Existing
EnLink Midstream Partners, LP ENLK 1.07% Existing
Antero Midstream Partners LP AM 0.99% NEW

Constituents removed, effective March 21, 2016:

Enbridge Energy Management, L.L.C. EEQ

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:
Judson Redmond
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 (March 11, 2016) 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 18, 2016, the 30 constituents of the Index will be rebalanced, effective March 21, 2016, 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 21, 2016:

Company Name Ticker Index Weight Status
Alliance Resource Partners, L.P. ARLP 3.33% Existing
AmeriGas Partners, L.P. APU 3.33% Existing
Boardwalk Pipeline Partners, L.P. BWP 3.33% Existing
Buckeye Partners, L.P. BPL 3.33% Existing
DCP Midstrea Partners, L.P. DPM 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
EnLink Midstream, LLC ENLC 3.33% Existing
Enterprise Products Partners, L.P. EPD 3.33% Existing
Ferrellgas Partners, L.P. FGP 3.33% Existing
MPLX LP MPLX 3.33% Existing
Magellan Midstream Partners, L.P. MMP 3.33% Existing
NGL Energy Partners LP NGL 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
Spectra Energy Partners, LP SEP 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
The Williams Companies, Inc. WMB 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 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:
Judson Redmond
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 Potential Constituent Change to The Cushing® MLP Market Cap Index

Dallas, Texas (February 5, 2016) Swank Capital, LLC and Cushing® Asset Management, LP announce a potential interim change to the constituents of The Cushing® MLP Market Cap Index (the “Index”). Index constituents Targa Resources Corp. (NYSE: TRGP) and Targa Resources Partners LP (NYSE: NGLS) previously entered into an Agreement and Plan of Merger wherein NGLS would be acquired by TRGP, subject to the approval of both TRGP shareholders and NGLS unitholders. Under the terms of the proposed acquisition, TRGP would terminate the master limited partnership (“MLP”) structure of NGLS and absorb it as a wholly-owned subsidiary within a C-corporation structure; consequently, TRGP would cease to have an interest as a holder of general partner or limited partner units in an MLP and, per the Methodology Guide for the Index, would no longer be eligible for inclusion in the Index..

Special meetings of the TRGP shareholders and NGLS unitholders are scheduled for February 12, 2016, commencing at 8:00 AM Central Standard Time for TRGP shareholders and 9:00 AM Central Standard Time for NGLS unitholders for the purpose of considering and voting on the proposed acquisition.

If the acquisition is approved, the following changes to the Index will take place after the market closes on February 12, 2016, and be effective on February 16, 2016:

Cushing® MLP High Income Index changes, effective February 16, 2016:

Constituent Removed
Replacement Constituent
Targa Resources Corp. TRGP Sunoco LP SUN
Targa Resources Partners LP NGLS Phillips 66 Partners LP PSXP

Each replacement constituent will be added at the then-current weight of the removed constituent. There will be no change to the remaining constituents of the Index.

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

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:
Judson Redmond
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.