DALLAS, Dec. 21, 2018 /PRNewswire/ -- Swank Capital,
LLC, and Cushing® Asset
Management, LP, announce today the upcoming rebalancing of The
Cushing® Utility Index
(the "Index") as part of normal index operations. After the markets
close on December 31, 2018, the
constituents of the Index will be rebalanced, and the following
changes will become effective on January 2,
2019:
Constituents added:
CNX Midstream Partners LP (NYSE:
CNXM)
Crestwood Equity Partners LP (NYSE: CEQP)
Shell Midstream Partners, L.P. (NYSE: SHLX)
Constituents removed:
AmeriGas Partners, L.P. (NYSE:
APU)
Dominion Energy Midstream Partners, LP (NYSE: DM)
EnLink Midstream Partners, LP (NYSE: ENLK)
SCANA Corporation (NYSE: SCG)
ABOUT THE CUSHING®
UTILITY INDEX
The Cushing® Utility
Index tracks the performance of widely held companies engaged in
electric, gas and water utility services as well as master limited
partnerships (MLPs) engaged in storage and transportation of oil,
natural gas, coal and consumable fuels. Constituents of the Index
are weighted based on current yield. The Index price level is
calculated by S&P Dow Jones Indices and reported on a real-time
basis under the Bloomberg ticker "CUTI".
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 energy infrastructure
companies and other natural resource companies.
Cushing is also dedicated to
serving the needs of investors by sponsoring a variety of
benchmarks, including The Cushing® 30 MLP Index (Bloomberg
Ticker: MLPX), The Cushing® 30 MLP Market Cap Index
(Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index
(Bloomberg Ticker: MLPY), The Cushing® Energy
Index (Bloomberg Ticker: CENI), The Cushing® Energy
Supply Chain Index (Bloomberg Ticker: CSCI) and The Cushing® Transportation Index
(Bloomberg Ticker: CTRI). For more information, please visit
http://www.cushingasset.com/indices.
Contact:
Judson Redmond
214-692-6334
www.cushingasset.com
The Cushing® Utility
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 calculate and maintain 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 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-CUTI
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC
