08.09.2017 15:02:00

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

DALLAS, Sept. 8, 2017 /PRNewswire/ -- Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® MLP Market Cap Index (the "Index") as part of normal index operations. After the markets close on September 15, 2017, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on September 18, 2017.

Cushing® MLP Market Cap Index constituents, effective September 18, 2017:

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

MPLX LP

MPLX

7.50%

Existing

The Williams Companies, Inc.

WMB

7.50%

NEW

Buckeye Partners, L.P.

BPL

6.62%

Existing

Western Gas Partners, L.P.

WES

4.02%

Existing

EQT Midstream Partners, LP

EQM

3.72%

Existing

AmeriGas Partners, L.P.

APU

3.33%

Existing

Andeavor Logistics LP

ANDX

3.05%

Existing

NuStar Energy, L.P.

NS

3.03%

Existing

Spectra Energy Partners, LP

SEP

2.75%

Existing

Genesis Energy, L.P.

GEL

2.43%

Existing

DCP Midstream, LP

DCP

2.42%

Existing

TC PipeLines, LP

TCP

2.28%

Existing

EnLink Midstream Partners, LP

ENLK

2.21%

Existing

Antero Midstream Partners LP

AM

2.17%

Existing

Shell Midstream Partners, L.P.

SHLX

2.09%

Existing

Tallgrass Energy Partners, LP

TEP

1.85%

Existing

Phillips 66 Partners LP

PSXP

1.84%

Existing

Boardwalk Pipeline Partners, L.P.

BWP

1.57%

Existing

Sunoco LP

SUN

1.47%

Existing

Dominion Energy Midstream Partners, LP

DM

1.31%

Existing

Tallgrass Energy GP, LP

TEGP

1.29%

Existing

Rice Midstream Partners LP

RMP

1.29%

Existing

Suburban Propane Partners, L.P.

SPH

1.23%

Existing

Holly Energy Partners, L.P.

HEP

1.11%

Existing

Crestwood Equity Partners LP

CEQP

1.01%

NEW

EnLink Midstream, LLC

ENLC

0.91%

Existing

Constituents removed, effective September 18, 2017:

Company Name

Ticker

NGL Energy Partners LP

NGL

Valero Energy Partners LP

VLP

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 investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.

Contact:
Judson Redmond
214-692-6334
http://www.cushingasset.com/

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 Swank Capital, LLC, and 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-CMCI

 

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SOURCE Cushing Asset Management, LP; Swank Capital, LLC

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