Swank Capital Announces Rebalancing of the Cushing® MLP High Income Index
DALLAS, July 1, 2011 /PRNewswire/ -- Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today that the 30 members of the Cushing® MLP High Income Index will be rebalanced after the market close on July 8, 2011 as part of normal index operations.
Cushing® MLP High Income Index constituents effective July 11, 2011: |
|||||
Company Name |
Ticker |
Tier |
Index Weight |
Prior Tier |
|
Ferrellgas Partners LP |
NYSE: FGP |
1 |
5.0% |
1 |
|
Breitburn Energy Partners LP |
NASDAQ: BBEP |
1 |
5.0% |
1 |
|
Inergy LP |
NYSE: NRGY |
1 |
5.0% |
1 |
|
Energy Transfer Partners LP |
NYSE: ETP |
1 |
5.0% |
1 |
|
Boardwalk Pipeline Partners |
NYSE: BWP |
1 |
5.0% |
1 |
|
Penn Virginia Resource Partners LP |
NYSE: PVR |
1 |
5.0% |
1 |
|
Regency Energy Partners LP |
NASDAQ: RGNC |
1 |
5.0% |
1 |
|
Enbridge Energy Partners LP |
NYSE: EEP |
1 |
5.0% |
2 |
|
Linn Energy LLC |
NASDAQ: LINE |
1 |
5.0% |
1 |
|
Copano Energy LLC |
NASDAQ: CPNO |
1 |
5.0% |
1 |
|
Navios Maritime Partners LP |
NYSE: NMM |
2 |
3.5% |
2 |
|
Calumet Specialty Products |
NASDAQ: CLMT |
2 |
3.5% |
2 |
|
Vanguard Natural Resources LLC |
NYSE: VNR |
2 |
3.5% |
2 |
|
Exterran Partners LP |
NASDAQ: EXLP |
2 |
3.5% |
2 |
|
Nustar Energy LP |
NYSE: NS |
2 |
3.5% |
3 |
|
Natural Resource Partners LP |
NYSE: NRP |
2 |
3.5% |
2 |
|
Crosstex Energy LP |
NASDAQ: XTEX |
2 |
3.5% |
2 |
|
Kinder Morgan Energy LP |
NYSE: KMP |
2 |
3.5% |
3 |
|
Targa Resources Partners LP |
NYSE: NGLS |
2 |
3.5% |
2 |
|
Buckeye Partners LP |
NYSE: BPL |
2 |
3.5% |
2 |
|
Encore Energy Partners L.P. |
NYSE: ENP |
3 |
1.5% |
1 |
|
Niska Gas Storage Partners LLC |
NYSE: NKA |
3 |
1.5% |
3 |
|
Legacy Reserves LP |
NASDAQ: LGCY |
3 |
1.5% |
3 |
|
Teekay Offshore Partners LP |
NYSE: TOO |
3 |
1.5% |
2 |
|
Teekay LNG Partners LP |
NYSE: TGP |
3 |
1.5% |
3 |
|
TC Pipelines LP |
NASDAQ: TCLP |
3 |
1.5% |
N/A |
|
DCP Midstream Partners LP |
NYSE: DPM |
3 |
1.5% |
3 |
|
Plains All American Pipeline LP |
NYSE: PAA |
3 |
1.5% |
3 |
|
Genesis Energy LP |
NYSE: GEL |
3 |
1.5% |
N/A |
|
Spectra Energy Partners LP |
NYSE: SEP |
3 |
1.5% |
N/A |
|
Constituents removed, effective July 11, 2011: |
||
Company Name |
Ticker |
|
Cheniere Energy Partners LP |
CQP |
|
Martin Midstream Partners LP |
MMLP |
|
QR Energy LP |
QRE |
|
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 Cushing® MLP Asset Management, 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 CUSHING® MLP ASSET MANAGEMENT, LP.
Cushing® MLP Asset Management, LP ("Cushing"), 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 of The Cushing® 30 MLP Index, a North American energy infrastructure index comprised of 30 equally weighted publicly traded MLPs. The Cushing® 30 MLP Index is calculated by Standard & Poor's and reported under the Bloomberg ticker "MLPX" and FactSet Ticker "MLPX-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.
CONTACT:
Gavin Worthy
The Cushing® MLP High Income Index
For additional information contact:
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 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 Swank Capital, LLC
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