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

DALLAS, March 8, 2013 /PRNewswire/ -- Swank Capital, LLC and Cushing® MLP 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 March 15, 2013, the 30 members of the Index will be adjusted and rebalanced and the changes will become effective on March 18, 2013.

Cushing® MLP Market Cap Index constituents (effective March 18, 2013):

Company Name

Ticker

Index Weight

Status

Enterprise Product Partners,  L.P.

EPD

7.50%

Existing

Kinder Morgan Energy Partners, L.P.

KMP

7.50%

Existing

Plains All American Pipeline, L.P.

PAA

7.50%

Existing

Energy Transfer Equity, L.P.

ETE

7.24%

Existing

Energy Transfer Partners, L.P.

ETP

6.76%

Existing

Magellan Midstream Partners, L.P.

MMP

6.50%

Existing

Kinder Morgan Management, LLC

KMR

4.79%

Existing

Linn Energy, LLC

LINE

4.38%

Existing

Markwest Energy Partners, L.P.

MWE

4.11%

Existing

ONEOK Partners, L.P.

OKS

3.95%

Existing

Williams Partners, L.P.

WPZ

3.81%

Existing

Enbridge Energy Partners, L.P.

EEP

3.42%

Existing

Buckeye Partners, L.P.

BPL

3.27%

Existing

El Paso Pipeline Partners, L.P.

EPB

3.04%

Existing

Sunoco Logistics Partners, L.P.

SXL

2.63%

Existing

Targa Resources Partners, L.P.

NGLS

2.24%

Existing

NuStar Energy, L.P.

NS

2.19%

Existing

Regency Energy Partners, L.P.

RGP

1.90%

Existing

Western Gas Partners, L.P.

WES

1.77%

Existing

Genesis Energy, L.P.

GEL

1.65%

Existing

Boardwalk Pipeline Partners, L.P.

BWP

1.64%

Existing

Copano Energy, LLC

CPNO

1.63%

Existing

AmeriGas Partners, L.P.

APU

1.61%

Existing

Access Midstream Partners, L.P.

ACMP

1.44%

Existing

DCP Midstream Partners, L.P.

DPM

1.42%

Existing

Suburban Propane Partners, L.P.

SPH

1.35%

Existing

INERGY, L.P.

NRGY

1.22%

Existing

Targa Resources Corp.

TRGP

1.19%

New

EV Energy Partners L.P.

EVEP

1.18%

Existing

PVR Partners, L.P.

PVR

1.17%

Existing

Constituent removed, effective March 18, 2013:

Company Name

Ticker

Atlas Pipeline Partners, L.P.

APL

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® MLP ASSET MANAGEMENT

Cushing® MLP 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 Index (Bloomberg Ticker:  CRTY).  For more information, please visit www.swankcapital.com/the-cushing-indices

Source:  Cushing® MLP Asset Management, LP and Swank Capital, LLC

Cushing® MLP Market Cap Index (the "Index") is the exclusive property of Cushing® MLP 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 maintain and calculate the Index.  S&P® is a registered trademark of Standard & Poor's Financial Services LLC); 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® MLP Asset Management, LP.  None of S&P Dow Jones Indices, SPFS, Dow Jones S&P or any of their affiliates sponsor or promote the Index and none shall be liable for any errors or omissions in calculating the Index.

SOURCE Cushing MLP Asset Management, LP and Swank Capital, LLC



RELATED LINKS
http://www.swankcapital.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.