The Cushing MLP Total Return Fund Announces Quarterly Dividend
14 August 2009 - 11:35PM
PR Newswire (US)
DALLAS, Aug. 14 /PRNewswire-FirstCall/ -- The Cushing MLP Total
Return Fund (NYSE:SRV) declared its quarterly dividend of $0.225
per common share for the quarter ending August 31, 2009. The
dividend will be payable on September 10, 2009 to shareholders of
record on August 28, 2009. The ex-date for the dividend is August
26, 2009. 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 2010, 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. 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: The Cushing MLP Total Return Fund, 1-800-662-7232 Web
Site: http://www.swankcapital.com/
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