Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of the Cushing® MLP High Income Index

News provided by

Swank Capital, LLC; Cushing MLP Asset Management, LP

Jul 05, 2013, 12:04 ET

DALLAS, July 5, 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 July 12, 2013, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on July 15, 2013.

(Logo:  http://photos.prnewswire.com/prnh/20120117/MM37053LOGO)

Cushing® MLP High Income Index constituents, effective July 15, 2013:

Company Name

Ticker

Tier

Index Weight

Prior Tier

Eagle Rock Energy Partners, L.P.

EROC

1

5.0%

2

BreitBurn Energy Partners L.P.

BBEP

1

5.0%

1

Natural Resource Partners, L.P.

NRP

1

5.0%

1

Linn Energy, LLC

LINE

1

5.0%

2

NuStar Energy, L.P.

NS

1

5.0%

1

Atlas Resource Partners, L.P.

ARP

1

5.0%

3

Ferrellgas Partners, L.P.

FGP

1

5.0%

1

EV Energy Partners, L.P.

EVEP

1

5.0%

N/A

NuStar GP Holdings, LLC

NSH

1

5.0%

N/A

PVR Partners, L.P.

PVR

1

5.0%

1

Navios Maritime Partners L.P.

NMM

2

3.5%

2

Memorial Production Partners LP

MEMP

2

3.5%

2

Legacy Reserves LP

LGCY

2

3.5%

2

Calumet Specialty Products Partners, L.P.

CLMT

2

3.5%

2

Suburban Propane Partners, L.P.

SPH

2

3.5%

2

Energy Transfer Partners, L.P.

ETP

2

3.5%

3

Enbridge Energy Partners,  L.P.

EEP

2

3.5%

3

Boardwalk Pipeline Partners, L.P.

BWP

2

3.5%

2

Inergy Midstream, L.P.

NRGM

2

3.5%

N/A

Regency Energy Partners, L.P.

RGP

2

3.5%

2

Capital Product Partners L.P.

CPLP

3

1.5%

3

Martin Midstream Partners L.P.

MMLP

3

1.5%

3

AmeriGas Partners, L.P.

APU

3

1.5%

N/A

Exterran Partners, L.P.

EXLP

3

1.5%

2

PAA Natural Gas Storage, L.P.

PNG

3

1.5%

N/A

Williams Partners, L.P.

WPZ

3

1.5%

N/A

TC PipeLines, LP

TCP

3

1.5%

N/A

NGL Energy Partners LP

NGL

3

1.5%

N/A

Crosstex Energy, L.P.

XTEX

3

1.5%

3

Teekay Offshore Partners L.P.

TOO

3

1.5%

3

Constituents removed, effective July 15, 2013:

Company Name

Ticker

Crestwood Midstream Partners LP

CMLP

Vanguard Natural Resources, LLC

VNR

Pioneer Southwest Energy Partners L.P.

PSE

QR Energy, LP

QRE

Holly Energy Partners, L.P.

HEP

Buckeye Partners, L.P.

BPL

Linn Co, LLC

LNCO

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. 

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 Swank Capital, LLC; Cushing MLP Asset Management, LP

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED