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The Cushing® MLP Total Return Fund Announces Quarterly Distribution

Stocks in this article: SRV

DALLAS, July 28, 2011 /PRNewswire/ -- The Cushing® MLP Total Return Fund (NYSE: SRV) (the "Fund") declared a quarterly distribution of $0.225 per common share for the quarter ending August 31, 2011. The distributions will be payable on September 10, 2011 to shareholders of record on August 26, 2011. The ex-date for the distributions is August 24, 2011. With the payment of this quarter's distributions, SRV shareholders will have realized aggregate distributions of $4.06 per share since inception.

It is anticipated but not certain that a majority of this distribution will be treated as a return of capital. The final determination of such amount will be made in early 2012, after the end of the calendar year when the Fund determines its earnings and profits for the year. The final tax status of the distribution may differ substantially from this preliminary information.

The Cushing® MLP Total Return Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. No assurance can be given that the Fund's investment objective will be achieved. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in MLP investments.

The Fund is traded on the New York Stock Exchange under the symbol "SRV." The Fund is managed by Cushing® MLP Asset Management, LP, an SEC-registered investment adviser headquartered in Dallas, Texas.

ABOUT CUSHING® MLP ASSET MANAGEMENT, LP

Cushing® MLP Asset Management, LP ("Cushing MLP"), is a wholly-owned subsidiary of Swank Capital, LLC and an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing MLP serves as investment adviser to affiliated funds, which invest primarily in securities of MLPs, and other natural resource companies. Cushing MLP is also the sponsor of The Cushing® 30 MLP Index, a fundamental based North American energy infrastructure index comprised of 30 equally weighted publicly traded MLPs, and The Cushing® MLP High Income Index, which tracks the performance of 30 publicly traded energy and shipping MLP securities with an emphasis on current yield. The Cushing® 30 MLP Index is calculated by Standard & Poor's and reported under the Bloomberg ticker "MLPX" and FactSet Ticker "MLPX-CME". 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". Cushing MLP 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 MLP seeks to identify and exploit investment niches it believes are generally less understood and less followed by the broader investor community.

IMPORTANT INFORMATION

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