DALLAS, June 22, 2018 /PRNewswire/ -- Swank Capital,
LLC, and Cushing® Asset
Management, LP, announce today the upcoming rebalancing of The
Cushing® Transportation
Index (the "Index") as part of normal index operations. After the
markets close on June 29, 2018, the constituents of the Index
will be rebalanced, and the following changes will become effective
on July 2, 2018:
Cushing®
Transportation Index constituents, effective July 2, 2018:
|
Company
Name
|
Ticker
|
Index
Weight
|
Status
|
|
United Parcel
Service, Inc.
|
UPS
|
6.00%
|
Existing
|
|
Ryder System,
Inc.
|
R
|
6.00%
|
Existing
|
|
Delta Air Lines,
Inc.
|
DAL
|
6.00%
|
Existing
|
|
Matson,
Inc.
|
MATX
|
6.00%
|
Existing
|
|
C.H. Robinson
Worldwide, Inc.
|
CHRW
|
6.00%
|
Existing
|
|
Union Pacific
Corporation
|
UNP
|
6.00%
|
Existing
|
|
Alaska Air Group,
Inc.
|
ALK
|
6.00%
|
Existing
|
|
Norfolk Southern
Corporation
|
NSC
|
6.00%
|
Existing
|
|
CSX
Corporation
|
CSX
|
4.53%
|
Existing
|
|
Kansas City
Southern
|
KSU
|
4.47%
|
Existing
|
|
Southwest Airlines
Co.
|
LUV
|
4.11%
|
Existing
|
|
Expeditors
International of Washington, Inc.
|
EXPD
|
4.01%
|
Existing
|
|
FedEx
Corporation
|
FDX
|
3.45%
|
Existing
|
|
American Airlines
Group Inc.
|
AAL
|
3.18%
|
Existing
|
|
J.B. Hunt Transport
Services, Inc.
|
JBHT
|
2.50%
|
Existing
|
|
Alliance Resource
Partners, L.P.
|
ARLP
|
2.00%
|
Existing
|
|
EnLink Midstream
Partners, LP
|
ENLK
|
2.00%
|
Existing
|
|
Dominion Energy
Midstream Partners, LP
|
DM
|
2.00%
|
Existing
|
|
Andeavor Logistics
LP
|
ANDX
|
2.00%
|
Existing
|
|
DCP Midstream,
LP
|
DCP
|
2.00%
|
Existing
|
|
Western Gas Partners,
L.P.
|
WES
|
2.00%
|
Existing
|
|
Crestwood Equity
Partners LP
|
CEQP
|
2.00%
|
Existing
|
|
EQT Midstream
Partners, LP
|
EQM
|
2.00%
|
Existing
|
|
Enable Midstream
Partners, LP
|
ENBL
|
2.00%
|
Existing
|
|
Energy Transfer
Equity, L.P.
|
ETE
|
2.00%
|
Existing
|
|
MPLX LP
|
MPLX
|
2.00%
|
NEW
|
|
Energy Transfer
Partners, L.P.
|
ETP
|
2.00%
|
Existing
|
|
Landstar System,
Inc.
|
LSTR
|
1.75%
|
Existing
|
Constituents removed, effective July
2, 2018:
|
Company
Name
|
Ticker
|
|
AmeriGas Partners,
L.P.
|
APU
|
ABOUT THE CUSHING®
TRANSPORTATION INDEX
The Cushing®
Transportation Index tracks the performance of widely held
companies engaged in road, rail, marine and air transportation of
cargoes and passengers, 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 "CTRI".
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 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® Utility Index
(Bloomberg Ticker: CUTI). For more information, please visit
http://www.cushingasset.com/indices.
Contact:
Judson Redmond
214-692-6334
www.cushingasset.com
The Cushing®
Transportation 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-CTRI
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SOURCE Cushing Asset Management, LP; Swank Capital, LLC