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DALLAS, Feb. 22 2012 /PRNewswire/ – Swank Capital, LLC and Cushing® MLP Asset Management, LP announced today that Atlas Pipeline Partners LP (NYSE: APL) will replace Inergy LP (NYSE: NRGY) as a constituent to the Cushing® MLP High Income Index after the close of trading on Wednesday February 29, 2012 due to Inergy LP’s announced reduction in its distribution. The remaining constituents will be unaffected.
Cushing® MLP High Income Index constituents (effective March 1, 2012):
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 SP to maintain and calculate the Index. Standard Poor’s® and SP® are registered trademarks of Standard Poor’s Financial Services LLC. “Calculated by SP 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. SP 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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