Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, Oct. 5, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on October 12, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on October 15, 2018.
Cushing® MLP High Income Index constituents, effective October 15, 2018: | ||||
Company Name | Ticker | Tier | Index | Prior |
Golar LNG Partners LP | GMLP | 1 | 5.0% | 1 |
Buckeye Partners, L.P. | BPL | 1 | 5.0% | 1 |
NGL Energy Partners LP | NGL | 1 | 5.0% | 1 |
USA Compression Partners, LP | USAC | 1 | 5.0% | 1 |
Enbridge Energy Partners, L.P. | EEP | 1 | 5.0% | 1 |
Sunoco LP | SUN | 1 | 5.0% | 1 |
Alliance Resource Partners, L.P. | ARLP | 1 | 5.0% | 1 |
Energy Transfer Partners, L.P. | ETP | 1 | 5.0% | 1 |
SemGroup Corporation | SEMG | 1 | 5.0% | New |
Andeavor Logistics LP | ANDX | 1 | 5.0% | 1 |
Hi-Crush Partners LP | HCLP | 2 | 3.5% | 2 |
Summit Midstream Partners, LP | SMLP | 2 | 3.5% | 2 |
AmeriGas Partners, L.P. | APU | 2 | 3.5% | 2 |
Western Gas Partners, L.P. | WES | 2 | 3.5% | 2 |
GasLog Partners LP | GLOP | 2 | 3.5% | 3 |
Holly Energy Partners, L.P. | HEP | 2 | 3.5% | 3 |
EQT Midstream Partners, LP | EQM | 2 | 3.5% | 2 |
EnLink Midstream Partners, LP | ENLK | 2 | 3.5% | 1 |
Tallgrass Energy, LP | TGE | 2 | 3.5% | 3 |
Dominion Energy Midstream Partners, LP | DM | 2 | 3.5% | 2 |
Enable Midstream Partners, LP | ENBL | 3 | 1.5% | 2 |
DCP Midstream, LP | DCP | 3 | 1.5% | 2 |
Black Stone Minerals, L.P. | BSM | 3 | 1.5% | 3 |
Western Gas Equity Partners, LP | WGP | 3 | 1.5% | 3 |
MPLX LP | MPLX | 3 | 1.5% | 3 |
CNX Midstream Partners LP | CNXM | 3 | 1.5% | 3 |
Energy Transfer Equity, L.P. | ETE | 3 | 1.5% | 3 |
Shell Midstream Partners, L.P. | SHLX | 3 | 1.5% | New |
Crestwood Equity Partners LP | CEQP | 3 | 1.5% | 2 |
Targa Resources Corp. | TRGP | 3 | 1.5% | New |
Constituents removed, effective October 15, 2018: | |
Company Name | Ticker |
Spectra Energy Partners, LP | SEP |
Enterprise Products Partners, L.P. | EPD |
Martin Midstream Partners L.P. | MMLP |
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 higher-yielding publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a "Midstream Company" an collectively, "Midstream Companies"). Constituents are chosen according to a three-tiered proprietary weighting system developed by Cushing® 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".
ABOUT SWANK CAPITAL AND CUSHING® ASSET MANAGEMENT
Cushing® 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 Midstream Companies 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), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI), The Cushing® Transportation Index (Bloomberg Ticker: CTRI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit http://www.cushingasset.com/indices.
For additional information contact:
Judson Redmond
214-692-6334
http://www.cushingasset.com
The Cushing® MLP High Income Index (the "Index") is the exclusive property of Swank Capital, LLC, and Cushing® Asset Management, LP, which have 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 ("SPFS"); 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® Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones S&P nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.
CUSH-MLPY
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SOURCE Cushing® Asset Management, LP; Swank Capital, LLC
