DALLAS, March 9, 2018 /PRNewswire/ -- Swank Capital, LLC,
and Cushing® Asset
Management, LP, announce today the upcoming rebalancing of The
Cushing® MLP Market Cap
Index (the "Index") as part of normal index operations. After the
markets close on March 16, 2018, the
30 constituents of the Index will be rebalanced, and the following
changes will become effective on March 19,
2018.
Cushing® MLP Market Cap Index
constituents, effective March 19, 2018:
|
Company
Name
|
Ticker
|
Index
Weight
|
Status
|
Enterprise Products
Partners, L.P.
|
EPD
|
7.50%
|
Existing
|
Energy Transfer
Equity, L.P.
|
ETE
|
7.50%
|
Existing
|
Energy Transfer
Partners, L.P.
|
ETP
|
7.50%
|
Existing
|
Magellan Midstream
Partners, L.P.
|
MMP
|
7.50%
|
Existing
|
MPLX LP
|
MPLX
|
7.50%
|
Existing
|
The Williams
Companies, Inc.
|
WMB
|
7.50%
|
Existing
|
Buckeye Partners,
L.P.
|
BPL
|
6.29%
|
Existing
|
Western Gas Partners,
L.P.
|
WES
|
4.50%
|
Existing
|
Andeavor Logistics
LP
|
ANDX
|
4.02%
|
Existing
|
EQT Midstream
Partners, LP
|
EQM
|
3.49%
|
Existing
|
DCP Midstream,
LP
|
DCP
|
3.22%
|
Existing
|
Shell Midstream
Partners, L.P.
|
SHLX
|
3.02%
|
Existing
|
AmeriGas Partners,
L.P.
|
APU
|
2.81%
|
Existing
|
TC PipeLines,
LP
|
TCP
|
2.61%
|
Existing
|
Phillips 66 Partners
LP
|
PSXP
|
2.60%
|
Existing
|
EnLink Midstream
Partners, LP
|
ENLK
|
2.40%
|
Existing
|
Antero Midstream
Partners LP
|
AM
|
2.29%
|
Existing
|
Tallgrass Energy
Partners, LP
|
TEP
|
1.75%
|
Existing
|
NuStar Energy,
L.P.
|
NS
|
1.58%
|
Existing
|
Black Stone Minerals,
L.P.
|
BSM
|
1.44%
|
Existing
|
Alliance Holdings GP,
L.P.
|
AHGP
|
1.44%
|
NEW
|
Antero Midstream GP
LP
|
AMGP
|
1.39%
|
Existing
|
Rice Midstream
Partners LP
|
RMP
|
1.35%
|
Existing
|
Boardwalk Pipeline
Partners, L.P.
|
BWP
|
1.34%
|
Existing
|
NGL Energy Partners
LP
|
NGL
|
1.34%
|
Existing
|
Crestwood Equity
Partners LP
|
CEQP
|
1.34%
|
NEW
|
Holly Energy
Partners, L.P.
|
HEP
|
1.26%
|
Existing
|
Enable Midstream
Partners, LP
|
ENBL
|
1.21%
|
Existing
|
Dominion Energy
Midstream Partners, LP
|
DM
|
1.20%
|
Existing
|
Tallgrass Energy GP,
LP
|
TEGP
|
1.11%
|
Existing
|
Constituents
removed, effective March 19, 2018:
|
Company
Name
|
Ticker
|
Spectra Energy
Partners, LP
|
SEP
|
Sunoco LP
|
SUN
|
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 investors by sponsoring a variety of
benchmarks, including The Cushing® 30 MLP Index (Bloomberg
Ticker: MLPX), The Cushing® MLP High Income Index
(Bloomberg Ticker: MLPY), 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.
Contact:
Judson Redmond
214-692-6334
http://www.cushingasset.com/
The Cushing® MLP
Market Cap 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 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.
CUSH-CMCI
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC