Swank Capital and Cushing® MLP Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, April 5, 2012 /PRNewswire/ -- Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today that the 30 members of the Cushing® MLP High Income Index will be rebalanced after the market close on April 13, 2012 as part of normal index operations.
Cushing® MLP High Income Index constituents effective April 16, 2012:
Company Name |
Ticker |
Tier |
Index Weight |
Prior Tier |
Ferrellgas Partners LP |
FGP |
1 |
5.0% |
1 |
Breitburn Energy Partners LP |
BBEP |
1 |
5.0% |
1 |
Natural Resource Partners LP |
NRP |
1 |
5.0% |
1 |
Penn Virginia Resource Partners LP |
PVR |
1 |
5.0% |
1 |
CVR Partners LP |
UAN |
1 |
5.0% |
2 |
Eagle Rock Energy Partners LP |
EROC |
1 |
5.0% |
2 |
Vanguard Natural Resources LLC |
VNR |
1 |
5.0% |
2 |
Calumet Specialty Products |
CLMT |
1 |
5.0% |
2 |
Boardwalk Pipeline Partners |
BWP |
1 |
5.0% |
2 |
Energy Transfer Partners LP |
ETP |
1 |
5.0% |
1 |
Navios Maritime Partners LP |
NMM |
2 |
3.5% |
3 |
Exterran Partners LP |
EXLP |
2 |
3.5% |
3 |
Crosstex Energy LP |
XTEX |
2 |
3.5% |
3 |
Regency Energy Partners LP |
RGP |
2 |
3.5% |
1 |
Amerigas Partners LP |
APU |
2 |
3.5% |
N/A |
Nustar Energy LP |
NS |
2 |
3.5% |
1 |
Linn Energy LLC |
LINE |
2 |
3.5% |
1 |
Alliance Resource Partners LP |
ARLP |
2 |
3.5% |
N/A |
Buckeye Partners LP |
BPL |
2 |
3.5% |
3 |
Enbridge Energy Partners LP |
EEP |
2 |
3.5% |
3 |
Capital Product Partners LP |
CPLP |
3 |
1.5% |
N/A |
QR Energy LP |
QRE |
3 |
1.5% |
N/A |
Suburban Propane Partners LP |
SPH |
3 |
1.5% |
N/A |
Pioneer Southwest Energy Partners |
PSE |
3 |
1.5% |
2 |
Cheniere Energy Partners LP |
CQP |
3 |
1.5% |
3 |
Legacy Reserves LP |
LGCY |
3 |
1.5% |
2 |
Plains Natural Gas Storage LP |
PNG |
3 |
1.5% |
3 |
Inergy Midstream LP |
NRGM |
3 |
1.5% |
N/A |
Teekay Offshore Partners LP |
TOO |
3 |
1.5% |
2 |
Copano Energy LLC |
CPNO |
3 |
1.5% |
2 |
Constituents removed, effective April 16, 2012:
Company Name |
Ticker |
Atlas Pipeline Partners LP |
APL |
Teekay LNG Partners LP |
TGP |
Rentech Nitrogen Partners LP |
RNF |
Energy Transfer Equity LP |
ETE |
Genesis Energy LP |
GEL |
Targa Resources Partners LP |
NGLS |
The Cushing® MLP High Income Index tracks 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® MLP Asset Management, LP. The Cushing® 30 MLP High Income Index is calculated by Standard & Poor's and reported on a real-time basis under the Bloomberg ticker "MLPY" and FactSet ticker "MLPH-CME".
ABOUT CUSHING® MLP ASSET MANAGEMENT, LP.
Cushing® MLP Asset Management, LP ("Cushing"), a subsidiary of Swank Capital, 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 the sponsor of The Cushing® 30 MLP Index, a North American energy infrastructure index comprised of 30 equally weighted publicly traded MLPs. The Cushing® 30 MLP Index is calculated by Standard & Poor's and reported under the Bloomberg ticker "MLPX" and FactSet Ticker "MLPX-CME". Cushing continues to expand its platform of MLP-related investment products, leveraging extensive industry contacts and unparalleled research depth to drive both passive and actively managed investment opportunities for individual and institutional investors. Cushing seeks to identify and exploit investment niches it believes are generally less understood and less followed by the broader investor community.
The Cushing® MLP High Income Index (the "Index") is the exclusive property of Cushing MLP Asset Management, LP, which has contracted with S&P to maintain and calculate the Index. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC. "Calculated by S&P Custom Indices" and its related stylized mark(s) are service marks of Standard & Poor's Financial Services LLC and have been licensed for use by Cushing® MLP Asset Management, LP. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index.
SOURCE Swank Capital, LLC; Cushing MLP Asset Management, LP
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