Swank Capital and Cushing MLP Asset Management have altered the Cushing 30 MLP Index. Targa Resources will now replace Penn Virginia GP Holdings in the index from Feb. 16, 2011.
The replacement is subject to approval by the outstanding limited partnership units of Penn Virginia Resource Partners and limited partnership units of Penn Virginia GP Holdings. The index tracks the performance of 30 publicly traded securities that hold midstream energy infrastructure assets in North America.
Click here for the release from PR Newswire.