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

Dallas, Texas (December 12, 2014)  Swank Capital, LLC and Cushing® Asset Management, LP announce today upcoming changes to the constituents of The Cushing® MLP Market Cap Index (the “Index”) as part of normal index operations.  After the markets close on December 19, 2014, the 30 members of the Index will be adjusted and rebalanced and the changes below will become effective on December 22, 2014.

Cushing® MLP Market Cap Index constituents (effective December 22, 2014):

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

Plains All American Pipeline, L.P.

PAA

7.50%

Existing

The Williams Companies, Inc.

WMB

7.50%

Existing

MarkWest Energy Partners, L.P.

MWE

5.17%

Existing

Buckeye Partners, L.P.

BPL

4.32%

Existing

ONEOK, Inc.

OKE

4.12%

Existing

Enbridge Energy Partners,  L.P.

EEP

3.61%

Existing

Regency Energy Partners, L.P.

RGP

3.33%

Existing

Williams Partners, L.P.

WPZ

3.25%

Existing

Sunoco Logistics Partners, L.P.

SXL

2.95%

Existing

ONEOK Partners, L.P.

OKS

2.75%

Existing

Access Midstream Partners, L.P.

ACMP

2.50%

Existing

Plains GP Holdings, L.P.

PAGP

2.25%

Existing

Western Gas Partners, L.P.

WES

2.19%

Existing

Targa Resources Partners, L.P.

NGLS

1.86%

Existing

AmeriGas Partners, L.P.

APU

1.84%

Existing

NuStar Energy, L.P.

NS

1.77%

Existing

DCP Midstream Partners, L.P.

DPM

1.66%

Existing

Targa Resources Corp.

TRGP

1.51%

Existing

TC PipeLines, LP

TCP

1.51%

Existing

EQT Midstream Partners, LP

EQM

1.39%

Existing

Genesis Energy, L.P.

GEL

1.23%

Existing

EnLink Midstream Partners, LP

ENLK

1.22%

Existing

Tesoro Logistics LP

TLLP

1.20%

New

Linn Energy, LLC

LINE

1.18%

Existing

Suburban Propane Partners, L.P.

SPH

1.15%

New

Crestwood Midstream Partners LP

CMLP

1.04%

Existing

Constituents removed, effective December 22, 2014:

Linn Co, LLC

LNCO

Spectra Energy Partners, LP

SEP

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 visitwww.swankcapital.com/the-cushing-indices.

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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC

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

Dallas, Texas (December 12, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announce today upcoming rebalance of the constituent weights of The Cushing® 30 MLP Index (the “Index”) as part of normal index operations. After the markets close on December 19, 2014, the 30 members of the Index will be rebalanced to equal weights and the changes below will become effective on December 22, 2014.

Cushing® 30 MLP Index constituents (effective December 22, 2014):

Company Name Ticker Index Weight Status
Access Midstream Partners, L.P. ACMP 3.33% Existing
Atlas Pipeline Partners, L.P. APL 3.33% Existing
AmeriGas Partners, L.P. APU 3.33% Existing
Alliance Resource Partners, L.P. ARLP 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, LLC ENLC 3.33% Existing
EnLink Midstream Partners, LP ENLK 3.33% Existing
Enterprise Products Partners, L.P. EPD 3.33% Existing
EQT Midstream Partners, LP EQM 3.33% Existing
Energy Transfer Equity, L.P. ETE 3.33% Existing
Energy Transfer Partners, L.P. ETP 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
Phillips 66 Partners LP PSXP 3.33% Existing
Regency Energy Partners, L.P. RGP 3.33% Existing
Suburban Propane Partners, L.P. SPH 3.33% Existing
Sunoco LP SUN 3.33% Existing
Sunoco Logistics Partners, L.P. SXL 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
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 visitwww.swankcapital.com/the-cushing-indices.

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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC

Swank Capital and Cushing® Asset Management Announce Correction to the Cushing® MLP High Income Index

Dallas, Texas (December 8, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announce a correction to the price and total return levels of The Cushing® MLP High Income Index (the “Index”), necessitated by the discovery of an error related to Index constituent data. Prior to the market open on Tuesday, December 9, 2014, the opening and closing values for the price levels and total return levels for the Index will be restated for the period from November 21, 2014 through December 5, 2014, inclusive.

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:
Shane Hopkins
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 Constituent Changes to The Cushing® MLP Market Cap Index

Dallas, Texas (November 13, 2014)  Swank Capital, LLC and Cushing® Asset Management, LP announced an interim constituent change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Kinder Morgan, Inc. (NYSE: KMI) previously announced its intent to acquire Index constituents El Paso Pipeline Partners, L.P. (NYSE: EPB), Kinder Morgan Energy Partners, L.P. (NYSE:  KMP) and Kinder Morgan Management, LLC (NYSE: KMR). A special meeting of the unitholders of EPB, KMP and KMR is scheduled for November 20, 2014, for the purpose of approving the proposed transaction. Should the transaction be approved, each of EPB, KMP and KMR will be removed from the Index and replaced by The Williams Companies, Inc. (NYSE:  WMB), ONEOK, Inc. (NYSE: OKE) and TC PipeLines, LP, (NYSE: TCP) after the markets close on November 20, 2014.

Additionally, because at least one of the changes involves an incumbent constituent with a weight exceeding 3.5%, all constituent weightings will be adjusted as show below. The changes will be effective on November 21, 2014.

Cushing® MLP Market Cap Index constituents (effective November 21, 2014):

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
Plains All American Pipeline, L.P. PAA 7.50% Existing
The Williams Companies, Inc. WMB 7.50% New
Magellan Midstream Partners, L.P. MMP 7.48% Existing
MarkWest Energy Partners, L.P. MWE 5.11% Existing
ONEOK, Inc. OKE 4.59% New
Buckeye Partners, L.P. BPL 3.93% Existing
Regency Energy Partners, L.P. RGP 3.54% Existing
Williams Partners, L.P. WPZ 3.27% Existing
Sunoco Logistics Partners, L.P. SXL 3.00% Existing
ONEOK Partners, L.P. OKS 2.96% Existing
Enbridge Energy Partners,  L.P. EEP 2.94% Existing
Access Midstream Partners, L.P. ACMP 2.49% Existing
Targa Resources Partners, L.P. NGLS 2.28% Existing
Western Gas Partners, L.P. WES 2.04% Existing
Linn Energy, LLC LINE 1.85% Existing
NuStar Energy, L.P. NS 1.80% Existing
DCP Midstream Partners, L.P. DPM 1.79% Existing
Targa Resources Corp. TRGP 1.78% Existing
AmeriGas Partners, L.P. APU 1.59% Existing
Plains GP Holdings, L.P. PAGP 1.50% Existing
Genesis Energy, L.P. GEL 1.46% Existing
EQT Midstream Partners, LP EQM 1.37% Existing
TC PipeLines, LP TCP 1.25% New
Crestwood Midstream Partners LP CMLP 1.18% Existing
Spectra Energy Partners, LP SEP 1.15% Existing
EnLink Midstream Partners, LP ENLK 1.09% Existing
Linn Co, LLC LNCO 1.06% Existing

Constituents removed, effective November 21, 2014:

Kinder Morgan Energy Partners, L.P. KMP
Kinder Morgan Management, LLC KMR
El Paso Pipeline Partners, L.P. EPB

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 visitwww.swankcapital.com/the-cushing-indices.

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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC

Swank Capital and Cushing® Asset Management Announce Constituent Changes to The Cushing® MLP Market Cap Index

Dallas, Texas (November 13, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announced an interim constituent change and special rebalancing of The Cushing® MLP Market Cap Index (the “Index”). Kinder Morgan, Inc. (NYSE: KMI) previously announced its intent to acquire Index constituents El Paso Pipeline Partners, L.P. (NYSE: EPB), Kinder Morgan Energy Partners, L.P. (NYSE:  KMP) and Kinder Morgan Management, LLC (NYSE: KMR). A special meeting of the unitholders of EPB, KMP and KMR is scheduled for November 20, 2014, for the purpose of approving the proposed transaction. Should the transaction be approved, each of EPB, KMP and KMR will be removed from the Index and replaced by The Williams Companies, Inc. (NYSE:  WMB), ONEOK, Inc. (NYSE: OKE) and TC PipeLines, LP, (NYSE: TCP) after the markets close on November 20, 2014.

Additionally, because at least one of the changes involves an incumbent constituent with a weight exceeding 3.5%, all constituent weightings will be adjusted as show below. The changes will be effective on November 21, 2014.

Cushing® MLP Market Cap Index constituents (effective November 21, 2014):

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
Plains All American Pipeline, L.P. PAA 7.50% Existing
The Williams Companies, Inc. WMB 7.50% New
Magellan Midstream Partners, L.P. MMP 7.48% Existing
MarkWest Energy Partners, L.P. MWE 5.11% Existing
ONEOK, Inc. OKE 4.59% New
Buckeye Partners, L.P. BPL 3.93% Existing
Regency Energy Partners, L.P. RGP 3.54% Existing
Williams Partners, L.P. WPZ 3.27% Existing
Sunoco Logistics Partners, L.P. SXL 3.00% Existing
ONEOK Partners, L.P. OKS 2.96% Existing
Enbridge Energy Partners,  L.P. EEP 2.94% Existing
Access Midstream Partners, L.P. ACMP 2.49% Existing
Targa Resources Partners, L.P. NGLS 2.28% Existing
Western Gas Partners, L.P. WES 2.04% Existing
Linn Energy, LLC LINE 1.85% Existing
NuStar Energy, L.P. NS 1.80% Existing
DCP Midstream Partners, L.P. DPM 1.79% Existing
Targa Resources Corp. TRGP 1.78% Existing
AmeriGas Partners, L.P. APU 1.59% Existing
Plains GP Holdings, L.P. PAGP 1.50% Existing
Genesis Energy, L.P. GEL 1.46% Existing
EQT Midstream Partners, LP EQM 1.37% Existing
TC PipeLines, LP TCP 1.25% New
Crestwood Midstream Partners LP CMLP 1.18% Existing
Spectra Energy Partners, LP SEP 1.15% Existing
EnLink Midstream Partners, LP ENLK 1.09% Existing
Linn Co, LLC LNCO 1.06% Existing

Constituents removed, effective November 21, 2014:

Kinder Morgan Energy Partners, L.P. KMP
Kinder Morgan Management, LLC KMR
El Paso Pipeline Partners, L.P. EPB

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 visitwww.swankcapital.com/the-cushing-indices.

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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC

Swank Capital and Cushing® Asset Management Announce Constituent Changes to The Cushing® 30 MLP Index

Dallas, Texas (November 13, 2014) Swank Capital, LLC and Cushing® Asset Management, LP announced an interim change to the constituents of The Cushing® 30 MLP Index (the “Index”). Kinder Morgan, Inc. (NYSE: KMI) previously announced its intent to acquire Index constituents El Paso Pipeline Partners, L.P. (NYSE: EPB) and Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and non-constituent Kinder Morgan Management, LLC (NYSE: KMR). In the proposed acquisition, KMI would terminate the master limited partnership (MLP) structures of EPB, KMP and KMR and absorb those entities as wholly-ownedsubsidiaries within a C-corporation structure; consequently, KMI would cease to have an interest as a holder of general partner or limited partner units in an MLP and would no longer be eligible for inclusion in the Index.

A special meeting of the unitholdersof EPB and KMP is scheduled for November 20, 2014, for the purpose of approving the proposed transaction. Should the transaction be approved, each of KMI, EPB and KMP will be removed from the Index and replaced, respectively, by MarkWest Energy Partners, L.P. (NYSE: MWE), MPLX LP (NYSE: MPLX) and Sunoco LP (NYSE: SUN) after the markets close on November 20, 2014. The changes will be effective on November 21, 2014.

The remaining constituents of the Index will be unaffected.

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/thecushingindices.

Contact:

Shane Hopkins 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 Constituent Changes to the Cushing® MLP High Income Index

Dallas, Texas (November 12, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announced an interim change to the constituents of The Cushing® MLP High Income Index (the “Index”), as follows:

1. Breitburn Energy Partners LP (NASDAQ: BBEP) previously announced its intent to acquire QR Energy, LP, (NYSE: QRE) in a unit-for-unit exchange. A special meeting of the unitholders of QRE is scheduled for November 18, 2014, for the purpose of approving the proposed acquisition. Should the acquisition be approved, QRE will be removed from the Index and replaced by Suburban Propane Partners, L.P., (NYSE: SPH) after the markets close on November 18, 2014. The change will be effective on November 19, 2014.

2. Kinder Morgan, Inc., (NYSE: KMI) previously announced its intent to acquire El Paso Pipeline Partners, L.P. (NYSE: EPB) and Kinder Morgan Energy Partners, L.P. (NYSE:  KMP). A special meeting of the unitholders of EPB and KMP is scheduled for November 20, 2014, for the purpose of approving the proposed acquisition. Should the acquisition be approved, each of EPB and KMP will be removed from the Index and replaced, respectively, by Legacy Reserves LP (NASDAQ: LGCY) and Ferrellgas Partners, L.P., (NYSE: FGP) after the markets close on November 20, 2014. The changes will be effective on November 21, 2014.

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 visitwww.swankcapital.com/the-cushing-indices.

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.

SOURCE Cushing Asset Management, LP and Swank Capital, LLC

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

Dallas, Texas (November 12, 2014)  Swank Capital, LLC and Cushing® Asset Management, LP announced an interim change to the constituents of The Cushing® Upstream Energy Income Index (the “Index”). Breitburn Energy Partners LP BBEP, +0.39% previously announced its intent to acquire current Index constituent QR Energy, LP, QRE, +0.20% in a unit-for-unit exchange. A special meeting of the unitholders of QRE is scheduled for November 18, 2014, for the purpose of approving the proposed acquisition. Should the acquisition be approved, QRE will be removed from the Index and replaced by SandRidge Mississippian Trust I SDT, +2.95% after the markets close on November 18, 2014. The change will be effective on November 19, 2014.

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 visitwww.swankcapital.com/the-cushing-indices.

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 High Income Index

Dallas, Texas (October 3, 2014)   Swank Capital, LLC and Cushing® AssetManagement, LP announced today upcoming changes to the constituents of The Cushing®MLP High Income Index (the “Index”) as part of normal index operations. Afterthe markets close on October 10, 2014, the 30 members of the Index will beadjusted and rebalanced and the changes will become effective on October 13,2014.

Cushing® MLPHigh Income Index constituents, effective October 13, 2014:

Company Name Ticker Tier Index Weight Prior Tier
Atlas Resource Partners, L.P. ARP 1 5.0% 1
Memorial Production Partners LP MEMP 1 5.0% 1
BreitBurn Energy Partners L.P. BBEP 1 5.0% 1
Linn Energy, LLC LINE 1 5.0% 1
Capital Product Partners L.P. CPLP 1 5.0% 1
Vanguard Natural Resources, LLC VNR 1 5.0% New
Crestwood Midstream Partners LP CMLP 1 5.0% 1
Williams Partners, L.P. WPZ 1 5.0% 2
Atlas Pipeline Partners, L.P. APL 1 5.0% 2
El Paso Pipeline Partners, L.P. EPB 1 5.0% 2
Calumet Specialty Products Partners, L.P. CLMT 2 3.5% 2
QR Energy, LP QRE 2 3.5% New
Navios Maritime Partners L.P. NMM 2 3.5% 2
Martin Midstream Partners L.P. MMLP 2 3.5% New
Compressco Partners, LP GSJK 2 3.5% New
Seadrill Partners LLC SDLP 2 3.5% 3
Regency Energy Partners, L.P. RGP 2 3.5% 3
Kinder Morgan Energy Partners, L.P. KMP 2 3.5% 2
Energy Transfer Partners, L.P. ETP 2 3.5% 2
Enbridge Energy Partners,  L.P. EEP 2 3.5% 3
EV Energy Partners, L.P. EVEP 3 1.5% 2
AmeriGas Partners, L.P. APU 3 1.5% 1
NuStar Energy, L.P. NS 3 1.5% 2
Alliance Resource Partners, L.P. ARLP 3 1.5% New
Buckeye Partners, L.P. BPL 3 1.5% 3
DCP Midstream Partners, L.P. DPM 3 1.5% New
NGL Energy Partners LP NGL 3 1.5% New
ONEOK Partners, L.P. OKS 3 1.5% New
EnLink Midstream Partners, LP ENLK 3 1.5% New
Hi-Crush Partners LP HCLP 3 1.5% New

 

Constituents removed,effective October 13, 2014:

Company Name Ticker
Ferrellgas Partners, L.P. FGP
Legacy Reserves LP LGCY
TC PipeLines, LP TCP
Suburban Propane Partners, L.P. SPH
NuStar GP Holdings, LLC NSH
Exterran Partners, L.P. EXLP
Holly Energy Partners, L.P. HEP
Golar LNG Partners LP GMLP
Teekay LNG Partners L.P. TGP
Teekay Offshore Partners L.P. TOO

ABOUT THE CUSHING® MLP HIGH INCOME INDEX

The Cushing® MLP High Income Index provides abenchmark that is designed to track the performance of 30 publicly tradedenergy and shipping master limited partnership (MLP) securities with anemphasis on current yield.  Thesecurities are chosen for inclusion according to a three-tier proprietaryweighting system developed by Cushing® Asset Management, LP. TheCushing® MLP High Income Index is calculated by S&P Dow JonesIndices and reported on a real-time basis under the Bloomberg ticker “MLPY”.

ABOUT SWANK CAPITAL AND CUSHING® ASSETMANAGEMENT

Cushing® Asset Management, LP (“Cushing”), asubsidiary of Swank Capital, LLC, is an SEC-registered investment adviserheadquartered in Dallas, Texas. Cushing serves as investment adviser toaffiliated funds and managed accounts which invest primarily in securities ofMLPs and other natural resource companies.

Cushing is also dedicated to serving the needs of MLP andenergy income investors by sponsoring a variety of industry benchmarks,including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP Market Cap Index (BloombergTicker:  CMCI) and The Cushing®Upstream Energy Income Index (Bloomberg Ticker: CRTY).  For more information,please visit www.swankcapital.com/thecushingindices.

For additional information contact:

Shane Hopkins 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 JonesIndices LLC) (“S&P Dow Jones Indices”) to maintain and calculate theIndex.  S&P® is aregistered 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 beenlicensed to S&P Dow Jones Indices. “Calculated by S&P Dow JonesIndices” and its related stylized mark(s) have been licensed for use by Cushing®Asset Management, LP.  Neither S&PDow Jones Indices, SPFS, Dow Jones S&P nor any of their affiliates sponsorand promote the Index and none shall be liable for any errors or omissions incalculating the Index.

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

Dallas, Texas (September 26, 2014)   Swank Capital, LLC and Cushing® Asset Management, LP announced today upcoming changes to the constituents of The Cushing® Upstream Energy Income Index (the “Index”) as part of normal index operations. After the markets close on October 3, 2014, the 25 constituents of the Index will be adjusted and rebalanced and the following changes will become effective on October 6, 2014.

Cushing® Upstream Energy Index constituents effective October 6, 2014

Company Name

Ticker

Index Weight

Status

BreitBurn Energy Partners L.P.

BBEP

7.50%

Existing

EV Energy Partners, L.P.

EVEP

7.50%

Existing

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

7.34%

Existing

QR Energy, LP

QRE

6.03%

Existing

Atlas Resource Partners, L.P.

ARP

5.97%

Existing

San Juan Basin Royalty Trust

SJT

4.34%

Existing

Sabine Royalty Trust

SBR

4.06%

Existing

Dorchester Minerals LP

DMLP

4.02%

Existing

Permian Basin Royalty Trust

PBT

2.78%

Existing

Eagle Rock Energy Partners, L.P.

EROC

2.14%

NEW

LRR Energy, L.P.

LRE

2.13%

Existing

Mid-Con Energy Partners, LP

MCEP

2.07%

Existing

SandRidge Permian Trust

PER

2.06%

Existing

Hugoton Royalty Trust

HGT

1.89%

Existing

Pacific Coast Oil Trust

ROYT

1.78%

Existing

Chesapeake Granite Wash Trust

CHKR

1.74%

Existing

New Source Energy Partners L.P.

NSLP

1.66%

Existing

MV Oil Trust

MVO

1.57%

Existing

SandRidge Mississippian Trust II

SDR

1.37%

Existing

Whiting USA Trust II

WHZ

1.06%

Existing

Cross Timbers Royalty Trust

CRT

0.99%

Existing

Constituent removed effective October 6, 2014

Company Name

Ticker

VOC Energy Trust

VOC

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.

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.

SOURCE Cushing Asset Management, LP; Swank Capital, LLC