Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® MLP Market Cap Index

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SOURCE Cushing Asset Management, LP; Swank Capital, LLC

DALLAS, June 13, 2014 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announced today upcoming changes to the constituents of The Cushing® MLP Market Cap Index (the "Index") as part of normal index operations.  After the markets close on June 20, 2014, the 30 members of the Index will be adjusted and rebalanced and the changes below will become effective on June 23, 2014.

Cushing® MLP Market Cap Index constituents (effective June 23, 2014):

Company Name

Ticker

Index Weight

Status

Enterprise Products Partners, L.P.

EPD

7.50%

Existing

Energy Transfer Equity, L.P.

ETE

7.50%

Existing

Kinder Morgan Energy Partners, L.P.

KMP

7.50%

Existing

Magellan Midstream Partners, L.P.

MMP

7.50%

Existing

Plains All American Pipeline, L.P.

PAA

7.50%

Existing

Energy Transfer Partners, L.P.

ETP

6.21%

Existing

MarkWest Energy Partners, L.P.

MWE

4.26%

Existing

Buckeye Partners, L.P.

BPL

3.69%

Existing

Access Midstream Partners, L.P.

ACMP

3.66%

Existing

ONEOK Partners, L.P.

OKS

3.44%

Existing

Regency Energy Partners, L.P.

RGP

3.44%

Existing

Williams Partners, L.P.

WPZ

3.40%

Existing

Kinder Morgan Management, LLC

KMR

3.38%

Existing

Targa Resources Partners, L.P.

NGLS

2.79%

Existing

Enbridge Energy Partners,  L.P.

EEP

2.66%

Existing

Sunoco Logistics Partners, L.P.

SXL

2.60%

Existing

Linn Energy, LLC

LINE

2.43%

Existing

Western Gas Partners, L.P.

WES

2.01%

Existing

El Paso Pipeline Partners, L.P.

EPB

1.88%

Existing

DCP Midstream Partners, L.P.

DPM

1.88%

Existing

NuStar Energy, L.P.

NS

1.84%

Existing

Targa Resources Corp.

TRGP

1.83%

Existing

Plains GP Holdings, L.P.

PAGP

1.58%

Existing

AmeriGas Partners, L.P.

APU

1.54%

Existing

Genesis Energy, L.P.

GEL

1.51%

Existing

Linn Co, LLC

LNCO

1.51%

Existing

EQT Midstream Partners, LP

EQM

1.40%

New

Crestwood Midstream Partners LP

CMLP

1.30%

Existing

EnLink Midstream Partners, LP

ENLK

1.17%

New

Suburban Propane Partners, L.P.

SPH

1.09%

Existing

 

Constituent removed, effective June 23, 2014:

Spectra Energy Partners, LP

SEP

BreitBurn Energy Partners L.P.

BBEP

ABOUT THE CUSHING® MLP MARKET CAP INDEX

The Cushing® MLP Market Cap Index provides a benchmark that is designed to track the performance of widely held master limited partnerships (MLPs).  The Index is weighted on a float-adjusted market capitalization basis, with the weight of each constituent capped at 7.5% at rebalance.  The Index price level is calculated by S&P Dow Jones Indices while the constituents are selected from the entire universe of publicly traded MLPs.  The Cushing® MLP Market Cap Index is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker "CMCI".

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 High Income Index (Bloomberg Ticker:  MLPY) and The Cushing® Upstream Energy Income Index (Bloomberg Ticker:  CRTY).  For more information, please visit www.swankcapital.com/the-cushing-indices

The Cushing® MLP Market Cap Index (the "Index") is the exclusive property of Cushing 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 calculate and maintain 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 nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.

©2012 PR Newswire. All Rights Reserved.

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