DALLAS, May 3, 2016 /PRNewswire/ -- Swank Capital, LLC and
Cushing® Asset Management, LP announce an upcoming interim change to the
constituents of The Cushing® MLP High Income Index (the "Index"). Per the Index's
methodology guide, a constituent change due to a distribution cut will take place on the earlier of the distribution ex-date or
the last trading day of the current month. Due to the May 2, 2016, distribution cut announcement by
Archrock Partners, L.P. (NASDAQ: APLP), after the market closes on May 10, 2016, (the ex-date for
the APLP distribution) and effective May 11, 2016, SunCoke Energy Partners, L.P. (NYSE: SXCP) will
replace APLP at APLP's then-current weight.
There will be no changes to the remaining constituents of the Index.
ABOUT THE CUSHING® MLP HIGH INCOME INDEX
The Cushing® MLP High Income Index provides a benchmark that is designed to track
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® Asset Management, LP. The Cushing® MLP High Income Index is calculated by S&P Dow Jones Indices and reported on a
real-time basis under the Bloomberg ticker "MLPY".
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 Market Cap Index (Bloomberg
Ticker: CMCI) and The Cushing® Upstream Energy Income Index (Bloomberg
Ticker: CRTY). For more information, please visit www.swankcapital.com/the-cushing-indices.
The Cushing® MLP High Income 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 maintain and calculate 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 S&P 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-MLPY
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SOURCE Cushing Asset Management, LP and Swank Capital, LLC