July 27, 2012
/PRNewswire/ -- The
MLP Total Return Fund (NYSE: SRV) (the "Fund") declared a quarterly distribution of
per common share for the fiscal quarter ending
August 31, 2012
. The distributions will be payable on
September 10, 2012
to shareholders of record on
August 29, 2012
. The ex-date for the distributions is
August 27, 2012
. With the payment of this quarter's distributions, SRV shareholders will have realized aggregate distributions of
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 2013, 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.
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
MLP Asset Management, LP, an SEC-registered investment adviser headquartered in
MLP ASSET MANAGEMENT, LP
MLP Asset Management, LP ("
"), is a wholly-owned subsidiary of Swank Capital, LLC and an SEC-registered investment adviser headquartered in
serves as investment adviser to affiliated funds, which invest primarily in securities of MLPs and other natural resource companies. As of
June 30, 2012
of assets under management in closed-end funds, an open-end fund, privately offered funds and separately managed accounts.
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".
The Cushing® MLP Total Return FundFor additional information contact: