DALLAS, Jan. 4, 2013 /PRNewswire/ -- Swank Capital, LLC and Cushing® MLP 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 11, 2013, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on January 14, 2013.
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Cushing® MLP High Income Index constituents, effective January 14, 2013:
Company Name |
Ticker |
Tier |
Index Weight |
Prior Tier |
Ferrellgas Partners, L.P. |
FGP |
1 |
5.0% |
1 |
Natural Resource Partners, L.P. |
NRP |
1 |
5.0% |
1 |
Eagle Rock Energy Partners, L.P. |
EROC |
1 |
5.0% |
1 |
BreitBurn Energy Partners L.P. |
BBEP |
1 |
5.0% |
1 |
NuStar Energy, L.P. |
NS |
1 |
5.0% |
1 |
Legacy Reserves LP |
LGCY |
1 |
5.0% |
3 |
Vanguard Natural Resources, LLC |
VNR |
1 |
5.0% |
1 |
Buckeye Partners, L.P. |
BPL |
1 |
5.0% |
1 |
Crosstex Energy, L.P. |
XTEX |
1 |
5.0% |
2 |
Suburban Propane Partners, L.P. |
SPH |
1 |
5.0% |
2 |
Navios Maritime Partners L.P. |
NMM |
2 |
3.5% |
2 |
QR Energy, LP |
QRE |
2 |
3.5% |
2 |
Martin Midstream Partners L.P. |
MMLP |
2 |
3.5% |
N/A |
Regency Energy Partners, L.P. |
RGP |
2 |
3.5% |
2 |
PVR Partners, L.P. |
PVR |
2 |
3.5% |
1 |
Energy Transfer Partners, L.P. |
ETP |
2 |
3.5% |
1 |
AmeriGas Partners, L.P. |
APU |
2 |
3.5% |
3 |
Linn Energy, LLC |
LINE |
2 |
3.5% |
3 |
Boardwalk Pipeline Partners, L.P. |
BWP |
2 |
3.5% |
1 |
NGL Energy Partners LP |
NGL |
2 |
3.5% |
N/A |
Memorial Production Partners LP |
MEMP |
3 |
1.5% |
N/A |
Exterran Partners, L.P. |
EXLP |
3 |
1.5% |
N/A |
Crestwood Midstream Partners LP |
CMLP |
3 |
1.5% |
3 |
Pioneer Southwest Energy Partners L.P. |
PSE |
3 |
1.5% |
3 |
Linn Co, LLC |
LNCO |
3 |
1.5% |
N/A |
Cheniere Energy Partners, L.P. |
CQP |
3 |
1.5% |
2 |
TC PipeLines, LP |
TCP |
3 |
1.5% |
N/A |
Calumet Specialty Products Partners, L.P. |
CLMT |
3 |
1.5% |
2 |
Atlas Resource Partners L.P. |
ARP |
3 |
1.5% |
N/A |
Teekay Offshore Partners L.P. |
TOO |
3 |
1.5% |
2 |
Constituents removed, effective January 14, 2013:
Company Name |
Ticker |
Teekay LNG Partners L.P. |
TGP |
Enbridge Energy Partners, L.P. |
EEP |
Spectra Energy Partners, LP |
SEP |
Copano Energy, LLC |
CPNO |
Atlas Pipeline Partners, L.P. |
APL |
Targa Resources Partners, L.P. |
NGLS |
Capital Product Partners L.P. |
CPLP |
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® MLP 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" and FactSet ticker "MLPH-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 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 Index (Bloomberg Ticker: CRTY). For more information, please visit www.swankcapital.com/the-cushing-indices.
For additional information contact:
Gavin Worthy
214-692-6334
www.swankcapital.com
The Cushing® MLP High Income Index (the "Index") is the exclusive property of Cushing® MLP 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); 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® MLP Asset Management, LP. None of S&P Dow Jones Indices, SPFS, Dow Jones S&P or any of their affiliates sponsor or promote the Index and none shall be liable for any errors or omissions in calculating the Index.
SOURCE Cushing MLP Asset Management, LP
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