It is anticipated but not certain that approximately 100% 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 2019, 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.
The 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 master limited partnership (MLP) investments. The Fund is traded on the
The Fund is managed by Cushing®
Cushing, a subsidiary of
Keywords for this news article include: Investment and Finance, Cushing Asset Management Lp.
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