Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of The Cushing® 30 MLP Index
DALLAS, Sept. 14, 2012 /PRNewswire/ -- Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today that the 30 members of The Cushing® 30 MLP Index will be adjusted and rebalanced to equal weights after the market closes September 21, 2012 as part of normal index operations.
Cushing® 30 MLP Index constituents effective September 24, 2012:
Company Name |
Ticker |
Index Weight |
Status |
Access Midstream Partners, LP |
ACMP |
3.33% |
Existing |
Alliance Resource Partners LP |
ARLP |
3.33% |
Existing |
Amerigas Partners LP |
APU |
3.33% |
Existing |
Atlas Pipeline Partners LP |
APL |
3.33% |
Existing |
Buckeye Partners LP |
BPL |
3.33% |
Existing |
Copano Energy LLC |
CPNO |
3.33% |
Existing |
Crosstex Energy Inc |
XTXI |
3.33% |
Existing |
Crosstex Energy LP |
XTEX |
3.33% |
Existing |
El Paso Pipeline Partners LP |
EPB |
3.33% |
Existing |
Enbridge Energy Partners LP |
EEP |
3.33% |
Existing |
Energy Transfer Equity LP |
ETE |
3.33% |
Existing |
Energy Transfer Partners LP |
ETP |
3.33% |
Existing |
Enterprise Products Partners LP |
EPD |
3.33% |
Existing |
Genesis Energy LP |
GEL |
3.33% |
Existing |
Kinder Morgan Energy LP |
KMP |
3.33% |
Existing |
Kinder Morgan Inc. |
KMI |
3.33% |
Existing |
Magellan Midstream Partners LP |
MMP |
3.33% |
Existing |
Markwest Energy Partners LP |
MWE |
3.33% |
Existing |
Natural Resource Partners LP |
NRP |
3.33% |
Existing |
Nustar GP Holdings LLC |
NSH |
3.33% |
Existing |
ONEOK Partners LP |
OKS |
3.33% |
Existing |
Penn Virginia Resource Partners LP |
PVR |
3.33% |
Existing |
Plains All American Pipeline LP |
PAA |
3.33% |
Existing |
Regency Energy Partners LP |
RGP |
3.33% |
Existing |
Suburban Propane Partners LP |
SPH |
3.33% |
Existing |
Sunoco Logistics Partners LP |
SXL |
3.33% |
Existing |
Targa Resources Corp. |
TRGP |
3.33% |
Existing |
Targa Resources Partners LP |
NGLS |
3.33% |
Existing |
Western Gas Partners LP |
WES |
3.33% |
Existing |
Williams Partners LP |
WPZ |
3.33% |
Existing |
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® MLP Asset Management, LP to rank MLPs for potential inclusion in the Index. The Cushing® 30 MLP Index is calculated by Standard & Poor's and reported on a real-time basis under the Bloomberg ticker "MLPX" and FactSet ticker "MLPX-CME".
ABOUT SWANK CAPITAL AND CUSHING® MLP ASSET MANAGEMENT
Cushing® MLP 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 the sponsor for The Cushing® MLP High Income Index which tracks the performance of 30 publicly traded energy and shipping MLP securities with an emphasis on current yield. The Cushing® MLP High Income Index is calculated by Standard & Poor's and reported under the Bloomberg ticker "MLPY" and FactSet ticker "MLPH-CME". Additionally, Cushing is the sponsor for Cushing® Royalty Trust and Upstream MLP Index which tracks the performance of 25 publicly traded U.S. royalty trusts and upstream exploration and production ("E&P") energy MLPs. The Cushing® Royalty Trust and Upstream MLP Index is calculated by Standard & Poor's and reported under the Bloomberg ticker "CRTY" and FactSet ticker "CRTY-CME". Cushing 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. Cushing seeks to identify and exploit investment niches it believes are generally less understood and less followed by the broader investor community.
The Cushing® 30 MLP Index (the "Index") is the exclusive property of Cushing® MLP Asset Management, LP, which has contracted with Standard & Poor's 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 Cushing® MLP Asset Management, LP. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index.
SOURCE Cushing MLP Asset Management, LP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article