Nov. 29, 2012
/PRNewswire/ -- The Cushing
MLP Total Return Fund (NYSE: SRV) declared quarterly distributions for the fiscal quarter ending
November 30, 2012
per common share. The Fund's distributions will be payable on
December 21, 2012
to shareholders of record on
, 2012. The ex-date for the Fund's distribution is
December 17, 2012
It is anticipated but not certain that a majority of the Fund's distribution will be treated as a return of capital. The final determination of such amounts will be made and reported to shareholders 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 distributions may differ substantially from this preliminary information.
MLP Total Return Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high after-tax total return from a combination of capital appreciation and current income. 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."
MLP Total Return Fund is managed by
MLP Asset Management, LP, an SEC-registered investment adviser headquartered in
. No assurance can be given that the Fund's investment objective will be achieved.
MLP ASSET MANAGEMENT, LP
MLP Asset Management, LP ("
"), a subsidiary of Swank Capital, is an SEC-registered investment adviser headquartered in
serves as investment adviser to affiliated funds and managed accounts which invest primarily in securities of MLPs and other natural resource companies. As of
October 31, 2012
of assets under management in closed-end funds, mutual funds, privately offered funds and separately managed accounts.