DALLAS, April 5, 2019 /PRNewswire/ -- Cushing®
Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the
markets close on April 12, 2019, the 30 constituents of the Index will be rebalanced, and the
following changes will become effective on April 15, 2019:
Constituents added:
Plains All American Pipeline, L.P. (NYSE: PAA)
Plains GP Holdings, L.P. (NYSE: PAGP)
Constituents removed:
ONEOK, Inc. (NYSE: OKE)
Black Stone Minerals, L.P. (NYSE: BSM)
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 higher-yielding publicly traded midstream energy infrastructure companies, including master limited
partnerships (MLPs) and non-MLP energy midstream corporations (each, a "Midstream Company" an collectively, "Midstream
Companies"). Constituents are chosen according to a three-tiered 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 CUSHING® ASSET MANAGEMENT AND SWANK CAPITAL
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 Midstream Companies 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), 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.
For additional information contact:
Brian Atwood
214-692-6334
http://www.cushingasset.com
The Cushing® MLP High Income 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 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