{"id":398256,"date":"2020-12-11T09:05:28","date_gmt":"2020-12-11T14:05:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398256"},"modified":"2020-12-11T09:05:28","modified_gmt":"2020-12-11T14:05:28","slug":"cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/","title":{"rendered":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Dec. 11, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Cushing<sup>\u00ae<\/sup> Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on December\u00a018,\u00a02020, the 30 constituents of the Index will be rebalanced, effective December\u00a021,\u00a02020. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on the effective date.<\/p>\n<p>ABOUT THE <span class=\"xn-location\">CUSHING<\/span><sup>\u00ae<\/sup> 30 MLP INDEX<br \/>The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae <\/sup>30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a &#8220;Midstream Company&#8221; and collectively, &#8220;Midstream Companies&#8221;). Constituents of the Index are selected by using a formula-based proprietary valuation model developed by <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> Asset Management,\u00a0LP to rank Midstream Companies for potential inclusion in the Index. The Index price level is calculated by S&amp;P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker &#8220;MLPX&#8221;.<\/p>\n<p>ABOUT <span class=\"xn-location\">CUSHING<\/span><sup>\u00ae<\/sup> ASSET MANAGEMENT AND SWANK CAPITAL<br \/><span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> Asset Management, LP (&#8220;<span class=\"xn-location\">Cushing<\/span>&#8220;), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in <span class=\"xn-location\">Dallas, Texas<\/span>. <span class=\"xn-location\">Cushing<\/span> serves as investment adviser to affiliated funds and managed accounts, providing active management in markets where inefficiencies exist.<\/p>\n<p>\n        <span class=\"xn-location\">Cushing<\/span> is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae <\/sup>30 MLP Market Cap Index (Bloomberg Ticker:\u00a0CMCI) and The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> MLP High Income Index (Bloomberg Ticker: MLPY). For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3009915-2&amp;h=1302850194&amp;u=http%3A%2F%2Fwww.cushingasset.com%2Findices&amp;a=http%3A%2F%2Fwww.cushingasset.com%2Findices\" rel=\"nofollow noopener noreferrer\">http:\/\/www.cushingasset.com\/indices<\/a>. <\/p>\n<p>Contact:<br \/><span class=\"xn-person\">Jon Abel<\/span><br \/>214-692-6334<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3009915-2&amp;h=3941872938&amp;u=http%3A%2F%2Fwww.cushingasset.com%2F&amp;a=www.cushingasset.com\" rel=\"nofollow noopener noreferrer\">www.cushingasset.com<\/a><\/p>\n<p>The <span class=\"xn-location\">Cushing<\/span><sup>\u00ae<\/sup> 30 MLP Index (the &#8220;Index&#8221;) is the exclusive property of Swank Capital, LLC, and Cushing Asset Management, LP, which have contracted with S&amp;P Opco, LLC (a subsidiary of S&amp;P Dow Jones Indices LLC) (&#8220;S&amp;P Dow Jones Indices&#8221;) to calculate and maintain the Index. S&amp;P<sup>\u00ae<\/sup> is a registered trademark of Standard &amp; Poor&#8217;s Financial Services LLC (&#8220;SPFS&#8221;); Dow Jones<sup>\u00ae<\/sup> is a registered trademark of Dow Jones Trademark Holdings LLC (&#8220;Dow Jones&#8221;); and, these trademarks have been licensed to S&amp;P Dow Jones Indices. &#8220;Calculated by S&amp;P Dow Jones Indices&#8221; and its related stylized mark(s) have been licensed for use by Cushing Asset Management, LP. Neither S&amp;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.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA20899&amp;sd=2020-12-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-301191241.html\">http:\/\/www.prnewswire.com\/news-releases\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-301191241.html<\/a><\/p>\n<p>SOURCE  Cushing\u00ae Asset Management, LP and Swank Capital, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA20899&amp;Transmission_Id=202012110902PR_NEWS_USPR_____DA20899&amp;DateId=20201211\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS, Dec. 11, 2020 \/PRNewswire\/ &#8212;\u00a0Cushing\u00ae Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The Cushing\u00ae 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on December\u00a018,\u00a02020, the 30 constituents of the Index will be rebalanced, effective December\u00a021,\u00a02020. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on the effective date. ABOUT THE CUSHING\u00ae 30 MLP INDEXThe Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a &#8220;Midstream Company&#8221; and collectively, &#8220;Midstream Companies&#8221;). Constituents of the Index are selected by using a formula-based &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398256","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS, Dec. 11, 2020 \/PRNewswire\/ &#8212;\u00a0Cushing\u00ae Asset Management,\u00a0LP, and Swank Capital,\u00a0LLC, announce today the upcoming rebalancing of The Cushing\u00ae 30 MLP Index (the &#8220;Index&#8221;) as part of normal index operations. After the markets close on December\u00a018,\u00a02020, the 30 constituents of the Index will be rebalanced, effective December\u00a021,\u00a02020. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on the effective date. ABOUT THE CUSHING\u00ae 30 MLP INDEXThe Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a &#8220;Midstream Company&#8221; and collectively, &#8220;Midstream Companies&#8221;). 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After the markets close on December\u00a018,\u00a02020, the 30 constituents of the Index will be rebalanced, effective December\u00a021,\u00a02020. Although there will be changes to the constituent weightings, there will be no changes to the Index constituents on the effective date. ABOUT THE CUSHING\u00ae 30 MLP INDEXThe Cushing\u00ae 30 MLP Index tracks the performance of 30 publicly traded midstream energy infrastructure companies, including master limited partnerships (MLPs) and non-MLP energy midstream corporations (each, a &#8220;Midstream Company&#8221; and collectively, &#8220;Midstream Companies&#8221;). Constituents of the Index are selected by using a formula-based &hellip; Continue reading \"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-11T14:05:28+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA20899&amp;sd=2020-12-11","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index","datePublished":"2020-12-11T14:05:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/"},"wordCount":442,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA20899&amp;sd=2020-12-11","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cushing-asset-management-and-swank-capital-announce-rebalancing-of-the-cushing-30-mlp-index-4\/","name":"Cushing\u00ae Asset Management and Swank Capital Announce Rebalancing of The Cushing\u00ae 30 MLP Index - 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