Swank Capital Announces Rebalancing of The Cushing® 30 MLP Index
DALLAS, Dec. 15, 2010 /PRNewswire/ -- Swank Capital, LLC and Swank Energy Income Advisors, LP announced today that the 30 members of The Cushing® 30 MLP Index will be rebalanced to equal weights after the market close December 17, 2010 as part of normal index operations. There is no change in the membership.
The Cushing® 30 MLP Index tracks the performance of 30 publicly traded securities that hold mid-stream energy infrastructure assets in North America, chosen according to a proprietary fundamental scoring model (SValuES©) developed by Swank Energy Income Advisors, LP to rank potential MLPs for inclusion in the Index. The Cushing® 30 MLP Index is calculated by Standard & Poor's and reported on a real-time basis under the Bloomberg ticker "MLPX" and FactSet ticker "LPX-CME".
Additional information may be found on the website: www.cushingmlpindex.com
Current MLPX Index Constituents: ARLP, APU, BWP, BPL, CPNO, DEP, EPB, EEP, ETE, ETP, EPD, GEL, NRGY, KMP, MMP, MWE, NKA, NRP, NS, NSH, OKS, PAA, PVG, RGNC, SEP, SXL, NGLS, TCLP, WES, WPZ.
ABOUT SWANK ENERGY INCOME ADVISORS, LP.
Swank Energy Income Advisors, LP ("Swank Energy"), is an SEC-registered investment adviser headquartered in Dallas, Texas. Swank Energy serves as investment adviser to affiliated funds, which invest primarily in securities of MLPs and other natural resource companies. Swank Energy is also the sponsor for The Cushing® 30 MLP Index which is 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 "LPX-CME". Swank Energy 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. Swank Energy seeks to identify and exploit investment niches it believes are generally less understood and less followed by the broader investor community.
The Cushing® 30 MLP Index (the "Index") is the exclusive property of Swank Energy Income Advisors, 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 Swank Energy Income Advisors, LP. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index.
SOURCE Swank Energy Income Advisors, LP
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