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
Weight
|
Prior
Tier
|
|
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