DALLAS, July 6, 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 July 13, 2018, the 30
constituents of the Index will be rebalanced, and the following
changes will become effective on July 16,
2018.
Cushing® MLP High Income Index
constituents, effective July 16, 2018:
|
Company
Name
|
Ticker
|
Tier
|
Index
Weight
|
Prior
Tier
|
Golar LNG Partners
LP
|
GMLP
|
1
|
5.0%
|
1
|
Buckeye Partners,
L.P.
|
BPL
|
1
|
5.0%
|
1
|
Sunoco LP
|
SUN
|
1
|
5.0%
|
1
|
Enbridge Energy
Partners, L.P.
|
EEP
|
1
|
5.0%
|
1
|
NGL Energy Partners
LP
|
NGL
|
1
|
5.0%
|
1
|
USA Compression
Partners, LP
|
USAC
|
1
|
5.0%
|
1
|
Energy Transfer
Partners, L.P.
|
ETP
|
1
|
5.0%
|
1
|
Alliance Resource
Partners, L.P.
|
ARLP
|
1
|
5.0%
|
1
|
EnLink Midstream
Partners, LP
|
ENLK
|
1
|
5.0%
|
2
|
Andeavor Logistics
LP
|
ANDX
|
1
|
5.0%
|
3
|
Summit Midstream
Partners, LP
|
SMLP
|
2
|
3.5%
|
1
|
Dominion Energy
Midstream Partners, LP
|
DM
|
2
|
3.5%
|
3
|
AmeriGas Partners,
L.P.
|
APU
|
2
|
3.5%
|
2
|
Spectra Energy
Partners, LP
|
SEP
|
2
|
3.5%
|
2
|
EQT Midstream
Partners, LP
|
EQM
|
2
|
3.5%
|
2
|
DCP Midstream,
LP
|
DCP
|
2
|
3.5%
|
3
|
Western Gas Partners,
L.P.
|
WES
|
2
|
3.5%
|
3
|
Hi-Crush Partners
LP
|
HCLP
|
2
|
3.5%
|
3
|
Crestwood Equity
Partners LP
|
CEQP
|
2
|
3.5%
|
2
|
Enable Midstream
Partners, LP
|
ENBL
|
2
|
3.5%
|
2
|
American Midstream
Partners, LP
|
AMID
|
3
|
1.5%
|
New
|
Martin Midstream
Partners L.P.
|
MMLP
|
3
|
1.5%
|
3
|
Holly Energy
Partners, L.P.
|
HEP
|
3
|
1.5%
|
2
|
GasLog Partners
LP
|
GLOP
|
3
|
1.5%
|
3
|
MPLX LP
|
MPLX
|
3
|
1.5%
|
3
|
Energy Transfer
Equity, L.P.
|
ETE
|
3
|
1.5%
|
3
|
Black Stone Minerals,
L.P.
|
BSM
|
3
|
1.5%
|
3
|
CNX Midstream
Partners LP
|
CNXM
|
3
|
1.5%
|
New
|
Western Gas Equity
Partners, LP
|
WGP
|
3
|
1.5%
|
2
|
Enterprise Products
Partners, L.P.
|
EPD
|
3
|
1.5%
|
New
|
Constituents
removed, effective July 16, 2018:
|
Company
Name
|
Ticker
|
Williams Partners
L.P.
|
WPZ
|
Shell Midstream
Partners, L.P.
|
SHLX
|
Rice Midstream
Partners LP
|
RMP
|
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® 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 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), 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 MLP Asset Management, LP and Swank Capital,
LLC