Cushing MLP Total Return Fund Declares Quarterly Distribution, Payable on March 9, 2012; Announces Executive Promotions
January 27, 2012 at 08:06 pm
Share
Cushing MLP Total Return Fund declared a quarterly distribution of $0.225 per common share for the quarter ending February 29, 2012. The distributions will be payable on March 9, 2012 to shareholders of record on February 29, 2012. The ex-date for the distributions is February 27, 2012.
The company announced that Barry Y. Greenberg, currently Chief Compliance Officer, was also named Secretary and Judd B. Cryer joined the portfolio management team responsible for the day-to-day management of the fund's portfolio and was named Vice President. Mr. Cryer joined the Fund's investment adviser, Cushing(R) MLP Asset Management, LP in 2005. He is a Senior Vice President and Senior Research Analyst of Cushing MLP and has six years of experience in investment management and research analysis, and seven years of direct engineering and project management experience in various sectors of the energy industry.
NXG Cushing Midstream Energy Fund, formerly The Cushing MLP & Infrastructure Total Return Fund, is a non-diversified, closed-end management investment company. The Fundâs investment objective is to seek a high after-tax total return from a combination of capital appreciation and current income. The Fund will pursue its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments. It considers midstream energy investments to be investments that offer economic exposure to securities of midstream energy companies, which are companies that provide midstream services in the energy infrastructure sector, including the gathering, transporting, processing, fractionation, storing, refining and distribution of natural resources, such as natural gas, natural gas liquids, biofuels, carbon sequestration and others. Its investment advisor is Cushing Asset Management, LP.
NXG CUSHING MIDSTREAM ENERGY FUND 
