Swank Capital Announces Rebalancing of the Cushing® MLP High Income Index
Friday, January 7, 2011
DALLAS, Jan. 7, 2011 /PRNewswire/ -- Swank Capital, LLC and Swank Energy Income Advisors, LP announced today that the 30 members of the Cushing® MLP High Income Index will be rebalanced after the market close on January 14, 2011 as part of normal index operations.
Cushing® MLP High Income Index constituents effective January 18, 2011:
Company Name |
Ticker |
New Tier |
Index Weight |
Prior Tier |
|
Encore Energy Partners LP |
ENP |
1 |
5.0% |
2 |
|
Breitburn Energy Partners LP |
BBEP |
1 |
5.0% |
2 |
|
Inergy LP |
NRGY |
1 |
5.0% |
1 |
|
Linn Energy LLC |
LINE |
1 |
5.0% |
1 |
|
Copano Energy LLC |
CPNO |
1 |
5.0% |
1 |
|
Teekay Offshore Partners LP |
TOO |
1 |
5.0% |
1 |
|
Energy Transfer Partners LP |
ETP |
1 |
5.0% |
1 |
|
Boardwalk Pipeline Partners |
BWP |
1 |
5.0% |
2 |
|
Enbridge Energy Partners LP |
EEP |
1 |
5.0% |
1 |
|
Regency Energy Partners LP |
RGNC |
1 |
5.0% |
1 |
|
Navios Maritime Partners LP |
NMM |
2 |
3.5% |
2 |
|
Vanguard Natural Resources LLC |
VNR |
2 |
3.5% |
3 |
|
Crosstex Energy LP |
XTEX |
2 |
3.5% |
NEW |
|
Targa Resources Partners LP |
NGLS |
2 |
3.5% |
1 |
|
Kinder Morgan Energy LP |
KMP |
2 |
3.5% |
1 |
|
Natural Resource Partners LP |
NRP |
2 |
3.5% |
2 |
|
Penn Virginia GP Holdings |
PVG |
2 |
3.5% |
2 |
|
Plains All American Pipeline LP |
PAA |
2 |
3.5% |
2 |
|
Markwest Energy Partners LP |
MWE |
2 |
3.5% |
1 |
|
Williams Partners LP |
WPZ |
2 |
3.5% |
2 |
|
Cheniere Energy Partners LP |
CQP |
3 |
1.5% |
3 |
|
Ferrellgas Partners LP |
FGP |
3 |
1.5% |
3 |
|
EV Energy Partners LP |
EVEP |
3 |
1.5% |
2 |
|
Legacy Reserves LP |
LGCY |
3 |
1.5% |
3 |
|
Niska Gas Storage Partners LLC |
NKA |
3 |
1.5% |
3 |
|
Penn Virginia Resource Partners LP |
PVR |
3 |
1.5% |
3 |
|
DCP Midstream Partners LP |
DPM |
3 |
1.5% |
NEW |
|
Nustar Energy LP |
NS |
3 |
1.5% |
3 |
|
Genesis Energy LP |
GEL |
3 |
1.5% |
3 |
|
Buckeye Partners LP |
BPL |
3 |
1.5% |
NEW |
|
Constituents to be removed, effective January 18, 2011:
Company Name |
Ticker |
|
Energy Transfer Equity LP |
ETE |
|
Calumet Specialty Products |
CLMT |
|
Exterran Partners LP |
EXLP |
|
The Cushing® MLP High Income Index tracks 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 Swank Energy Income Advisors, LP. The Cushing® 30 MLP High Income Index is calculated by Standard & Poor's and reported on a real-time basis under the Bloomberg ticker "MLPY" and FactSet ticker "MLPH-CME".
ABOUT SWANK ENERGY INCOME ADVISORS, LP.
Swank Energy Income Advisors, LP ("Swank Energy"), is an SEC-registered investment adviser headquartered in Dallas, Texas. Swank Energy serves as investment adviser to affiliated funds, which invest primarily in securities of MLPs and other natural resource companies. Swank Energy continues to expand its platform of MLP-related investment products, leveraging extensive industry contacts and unparalleled research depth to drive both passive and actively managed investment opportunities for individual and institutional investors. Swank Energy seeks to identify and exploit investment niches it believes are generally less understood and less followed by the broader investor community.
Contact: |
|
The Cushing® MLP High Income Index |
|
For additional information contact: |
|
1-214-635-1660 |
|
The Cushing® MLP High Income Index (the "Index") is the exclusive property of Swank Energy Income Advisors, LP, which has contracted with S&P to maintain and calculate the Index. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC. "Calculated by S&P Custom Indices" and its related stylized mark(s) are service marks of Standard & Poor's Financial Services LLC and have been licensed for use by Swank Energy Income Advisors, LP. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index.
SOURCE Swank Energy Income Advisors, LP
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