The Cushing MLP Total Return Fund Announces Quarterly Dividend
12 Février 2010 - 3:00PM
PR Newswire (US)
DALLAS, Feb. 12 /PRNewswire-FirstCall/ -- The Cushing MLP Total
Return Fund (NYSE:SRV) declared its quarterly dividend of $0.225
per common share for the quarter ending February 28, 2010. The
dividend will be payable on March 10, 2010 to shareholders of
record on February 19, 2010. The ex-date for the dividend is
February 17, 2010. With the payment of this quarter's dividend, SRV
shareholders have received aggregate dividends of $2.71 per share
since inception. It is anticipated that substantially all of this
dividend will be treated as a return of capital. The final
determination of such amount will be made in early 2011, after the
end of the calendar year when the Fund can determine its earnings
and profits. The final tax status of the dividend 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 will seek 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 Swank Energy Income Advisors, LP, an SEC-registered Investment
Advisor headquartered in Dallas, Texas. Contact: The Cushing MLP
Total Return Fund For additional information contact: Curt Pabst
1-214-635-1660 http://www.swankcapital.com/ CAUTIONARY NOTE
REGARDING FORWARD-LOOKING STATEMENTS: This press release contains
"forward-looking statements" as defined under the U.S. federal
securities laws. Generally, the words, "believe," "expect,"
"intend," "estimate," "anticipate," "project," "will" and similar
expressions identify forward-looking statements, which generally
are not historical in nature. Forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ from the Fund's historical experience and its
present expectations or projections indicated in any
forward-looking statements. These risks include, but are not
limited to, changes in economic and political conditions;
regulatory and legal changes; MLP industry risk; leverage risk;
valuation risk; interest rate risk; tax risk; and other risks
discussed in the Fund's filings with the SEC. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. The Fund undertakes no obligation to
publicly update or revise any forward-looking statements made
herein. There is no assurance that the Fund's investment objectives
will be attained. DATASOURCE: The Cushing MLP Total Return Fund
CONTACT: Curt Pabst for The Cushing MLP Total Return Fund,
+1-214-635-1660 Web Site: http://www.swankcapital.com/
Copyright