Blog

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

Dallas, Texas (February 19, 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. Williams Partners L.P. (NYSE: WPZ) will replace Vanguard Natural Resources, LLC (NASDAQ: VNR) as a constituent of the Index due to the February 17, 2015, announcement by VNR of a reduction in its monthly distribution. The constituent change will take place after the market closes on February 26, 2015 (the VNR distribution ex-date) and will become effective on February 27, 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:
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 High Income Index

Dallas, Texas (February 13, 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”). Index constituents Atlas Pipeline Partners, L.P. (NYSE: APL) and Atlas Energy, L.P. (NYSE: ATLS) previously entered into respective merger agreements with Targa Resources Partners LP (NYSE: NGLS) and Targa Resources Corp. (NYSE: TRGP) wherein APL would be acquired by NGLS and ATLS by TRGP. Special meetings of the unitholders of APL, ATLS and NGLS and of the stockholders of TRGP are scheduled for February 20, 2015, for the purpose of approving the proposed acquisitions. Each acquisition is cross-conditioned on the consummation of the other acquisition.

Should the acquisitions be approved by each company’s respective unitholders or shareholders, APL will be removed from the Index and replaced with NGLS and ATLS will be removed from the Index and replaced with CSI Compressco L.P. (NASDAQ: CCLP). Both changes will occur after the markets close on February 20, 2015. The changes will be effective on February 23, 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:
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 a Constituent Change to The Cushing® 30 MLP Index

Dallas, Texas (February 13, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce an interim change to The Cushing® 30 MLP Index (the “Index”). Index constituent Atlas Pipeline Partners, L.P. (NYSE: APL) previously entered into a merger agreement with Targa Resources Partners LP (NYSE: NGLS) wherein APL would be acquired by NGLS. The acquisition is conditioned further on the approval and consummation of the acquisition of Atlas Energy, L.P. (NYSE: ATLS) by Targa Resources Corp. (NYSE TRGP). Special meetings of the unitholders of APL, ATLS and NGLS and of the stockholders of TRGP are scheduled for February 20, 2015, for the purpose of approving the proposed acquisitions.

Should the acquisitions be approved by each company’s respective unitholders or shareholders, APL will be removed from the Index and replaced with Boardwalk Pipeline Partners, LP (NYSE: BWP) after the markets close on February 20, 2015. The changes will be effective on February 23, 2015.

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/the-cushing-indices.

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 a Constituent Change to the Cushing® MLP High Income Index

Dallas, Texas (February 2, 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”). Teekay LNG Partners L.P. (NYSE: TGP) will replace EV Energy Partners, L.P. (NASDAQ: EVEP) as a constituent of the Index due to the February 2, 2015, announcement by EVEP of a reduction in its quarterly distribution. 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. Consequently, the constituent change will take place after the market closes on February 5, 2015 (the EVEP distribution ex-date) and will become effective on February 6, 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 MANAGEMENTT

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 High Income Index

Dallas, Texas (January 26, 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”). Index constituent Williams Partners L.P. (NYSE: WPZ) previously entered a merger agreement with Access Midstream Partners, L.P. (NYSE: ACMP) wherein WPZ would become a subsidiary of ACMP (the “Merger”). Pursuant to the terms of the merger agreement, following the Merger closing after the market opens on February 2, 2015 (the “Distribution Date”), each publicly held WPZ Common Unit will be exchanged for 0.86672 ACMP Common Units, with ACMP continuing as the surviving entity following the Merger.

Accordingly, barring any unforeseen events, WPZ will be removed from the Index and replaced with Crestwood Equity Partners LP (NYSE: CEQP) after the markets close on February 2, 2015. The changes will be effective on February 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:
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® 30 MLP Index

Dallas, Texas (January 26, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce an interim change to The Cushing® 30 MLP Index (the “Index”). Index constituents Williams Partners L.P. (NYSE: WPZ) and Access Midstream Partners, L.P. (NYSE: ACMP) previously entered a merger agreement between the two firms wherein WPZ would become a subsidiary of ACMP (the “Merger”). Pursuant to the terms of the merger agreement, following the Merger closing after the market opens on February 2, 2015 (the “Distribution Date”), each publicly held WPZ Common Unit will be exchanged for 0.86672 ACMP Common Units, with ACMP continuing as the surviving entity following the Merger.

Following the closing of the Merger, ACMP anticipates changing its name to Williams Partners L.P. and changing the ticker symbol for ACMP Common Units to “WPZ”.

Accordingly, barring any unforeseen events, WPZ will be removed from the Index and replaced with The Williams Companies, Inc., (NYSE: WMB) after the markets close on February 2, 2015. The changes will be effective on February 3, 2015.

Upon the aforementioned name change being made effective, which may be as early as February 3, 2015, the Index will reflect Williams Partners, L.P. with ticker symbol “WPZ” (changed from Access Midstream Partners, L.P. and ticker ACMP) as a constituent.

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/the-cushing-indices.

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 a Constituent Change to The Cushing® MLP Market Cap Index

Dallas, Texas (January 26, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today an interim constituent change to The Cushing® MLP Market Cap Index (the “Index”). Index constituents Williams Partners L.P. (NYSE: WPZ) and Access Midstream Partners, L.P. (NYSE: ACMP) previously entered a merger agreement between the two firms wherein WPZ would become a subsidiary of ACMP (the “Merger”). Pursuant to the terms of the merger agreement, following the Merger closing after the market opens on February 2, 2015 (the “Distribution Date”), each publicly held WPZ Common Unit will be exchanged for 0.86672 ACMP Common Units, with ACMP continuing as the surviving entity following the Merger.

Following the closing of the Merger, ACMP anticipates changing its name to Williams Partners L.P. and changing the ticker symbol for ACMP Common Units to “WPZ”.

Accordingly, barring any unforeseen events, WPZ will be removed from the Index and replaced with NGL Energy Partners LP (NYSE: NGL) after the markets close on February 2, 2015. The changes will be effective on February 3, 2015.

Upon the aforementioned name change being made effective, which may be as early as February 3, 2015, the Index will reflect Williams Partners, L.P. with ticker symbol “WPZ” (changed from Access Midstream Partners, L.P. and ticker ACMP) as a constituent.

The remaining constituents of the Index will be unaffected.

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

Dallas, Texas (January 5, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announce today an interim constituent change to The Cushing® MLP Market Cap Index (the “Index”). Enbridge Energy Management, LLC (NYSE: EEQ) will replace Linn Energy, LLC (NASDAQ: LINE) as a constituent of the Index after the market closes on January 8, 2015, due to the January 2, 2015, announcement by LINE of a reduction in its quarterly distribution. The change will become effective on January 9, 2015.

The remaining constituents of the Index will be unaffected.

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:
Shane Hopkins 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® MLP High Income Index – [REVISED]

Dallas, Texas (January 2, 2015) Swank Capital, LLC and Cushing® Asset Management, LP announced today upcoming changes to the constituents of The Cushing® MLP High Income Index (the “Index”) as part of normal index operations. After the markets close on January 9, 2015, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on January 12, 2015.
Cushing® MLP High Income Index constituents, effective January 12, 2015:

Company Name

Ticker

Tier

Index Weight

Prior Tier

Vanguard Natural Resources, LLC

VNR

1

5.0%

1

Memorial Production Partners LP

MEMP

1

5.0%

1

Seadrill Partners LLC

SDLP

1

5.0%

1

Calumet Specialty Products Partners, L.P.

CLMT

1

5.0%

2

Crestwood Midstream Partners LP

CMLP

1

5.0%

2

Exterran Partners, L.P.

EXLP

1

5.0%

New

Atlas Pipeline Partners, L.P.

APL

1

5.0%

1

Ferrellgas Partners, L.P.

FGP

1

5.0%

2

NGL Energy Partners LP

NGL

1

5.0%

3

Regency Energy Partners, L.P.

RGP

1

5.0%

2

Atlas Resource Partners, L.P.

ARP

2

3.5%

1

Legacy Reserves LP

LGCY

2

3.5%

1

Navios Maritime Partners L.P.

NMM

2

3.5%

2

EV Energy Partners, L.P.

EVEP

2

3.5%

3

Martin Midstream Partners L.P.

MMLP

2

3.5%

2

Capital Product Partners L.P.

CPLP

2

3.5%

1

Williams Partners, L.P.

WPZ

2

3.5%

1

Suburban Propane Partners, L.P.

SPH

2

3.5%

2

Hi-Crush Partners LP

HCLP

2

3.5%

3

Teekay Offshore Partners L.P.

TOO

3

1.5%

New

USA Compression Partners, LP

USAC

3

1.5%

New

Foresight Energy LP

FELP

3

1.5%

New

Global Partners LP

GLP

3

1.5%

New

ONEOK Partners, L.P.

OKS

3

1.5%

3

NuStar Energy, L.P.

NS

3

1.5%

3

AmeriGas Partners, L.P.

APU

3

1.5%

3

Golar LNG Partners LP

GMLP

3

1.5%

New

Holly Energy Partners, L.P.

HEP

3

1.5%

New

DCP Midstream Partners, L.P.

DPM

3

1.5%

3

Atlas Energy, L.P.

ATLS

3

1.5%

New

Constituents removed, effective January 12, 2015:

Company Name

Ticker

Alliance Resource Partners, L.P.

ARLP

BreitBurn Energy Partners L.P.

BBEP

Buckeye Partners, L.P.

BPL

CSI Compressco LP

CCLP

Enbridge Energy Partners, L.P.

EEP

Energy Transfer Partners, L.P.

ETP

EnLink Midstream Partners, LP

ENLK

Linn Energy, LLC

LINE

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 Rebalancing of The Cushing® Upstream Energy Income Index

Dallas, Texas (December 26, 2014) Swank Capital, LLC and Cushing® Asset Management, LP announce 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 January 2, 2015, the 25 constituents of the Index will be adjusted and rebalanced and the following changes will become effective on January 5, 2014.

Cushing® Upstream Energy Index constituents effective January 5, 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

6.89%

Existing

Dorchester Minerals LP

DMLP

6.39%

Existing

Atlas Resource Partners, L.P.

ARP

5.82%

Existing

San Juan Basin Royalty Trust

SJT

5.79%

Existing

Sabine Royalty Trust

SBR

5.03%

Existing

Permian Basin Royalty Trust

PBT

4.22%

Existing

Hugoton Royalty Trust

HGT

2.88%

Existing

SandRidge Permian Trust

PER

2.33%

Existing

Eagle Rock Energy Partners, L.P.

EROC

2.11%

Existing

Pacific Coast Oil Trust

ROYT

1.74%

Existing

SandRidge Mississippian Trust II

SDR

1.69%

Existing

MV Oil Trust

MVO

1.64%

Existing

Chesapeake Granite Wash Trust

CHKR

1.56%

Existing

LRR Energy, L.P.

LRE

1.55%

Existing

SandRidge Mississippian Trust I

SDT

1.18%

Existing

Enduro Royalty Trust

NDRO

1.12%

NEW

Cross Timbers Royalty Trust

CRT

1.08%

Existing

Mid-Con Energy Partners, LP

MCEP

1.03%

Existing

New Source Energy Partners L.P.

NSLP

0.96%

Existing

Constituent removed effective January 5, 2014

Company Name

Ticker

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:
Shane Hopkins 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.