Cushing® MLP & Infras Total Return:SRV

    Manage Alerts

    Overview

    As of 6/11/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$31.57$41.06-23.11%
    52 Wk Avg$21.62$28.88-25.35%
    52 Wk High$32.00$41.06-7.00%
    52 Wk Low$15.26$21.54-30.95%
    Regular Distribution TypeIncome Only
    Distribution Rate4.56%
    Distribution Amount$0.1200
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of infrastructure master limited partnerships ('MLPs') and MLP-related investments. For purposes of the Fund's 80% policy, MLP Investments are investments that offer economic exposure to public and private MLPs in the form of common or subordinated units issued by MLPs, securities of entities holding primarily general partner or managing member interests in MLPs, debt securities of MLPs, and securities that are derivatives of interests in MLPs, which are I-Shares and other derivative securities that have economic characteristics of MLP securities

    Capital Structure

    As of 6/11/2021

    Total Investment Exposure:$103.565M
    Total Common Assets:$89.650M
    Common Shares Outstanding:2,183,391
    Leverage

    As of 6/11/2021

    Preferred Share Assets:
    Total Debt (USD): $13.915M
    Regulatory Leverage (USD): $13.915M
    Effective Leverage (USD): $13.915M
    Effective Leverage (%): 13.44%
    Annual Expense Ratios

    As of 11/30/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.81%
    Fund Management

    Fund Sponsor
    Cushing Asset Management LP

    Portfolio Managers
    Jerry V. Swank, John Musgrave

    Basics
    Category: Equity-MLP
    Ticker: SRV
    NAV Ticker: XSRVX
    Average Daily Volume (shares): 12,590
    Average Daily Volume (USD): $0.268M
    Inception Date: 8/27/2007
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 6/11/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2020
    $0.5539
    Annualized Distribution Rate on NAV:
    As of 6/11/2021
    3.51%
    Total Return on NAV (12 months):
    As of 6/11/2021
    57.54%
    Total % Portfolio Effectively Leveraged:
    As of 6/11/2021
    13.44%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/11/2021

    PeriodAvg Discount
    6 Month-24.08%
    1 Year-25.35%
    3 Year-16.50%
    5 Year-14.19%
    Z-Score

    As of 6/11/2021

    PeriodZStat
    3 Month1.44
    6 Month1.03
    1 Year0.86
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2021
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD36.87%34.14%51.23%38.44%
    2020-41.76%-30.05%-61.07%-56.46%
    201933.98%22.96%16.44%13.89%
    2018-21.60%-15.24%-22.39%-17.44%
    2017-4.17%-12.97%-0.56%-5.69%
    201640.36%36.31%34.69%33.32%
    2015-61.14%-89.54%-44.89%-43.81%
    2014-17.55%-26.63%4.21%6.36%
    201325.02%15.26%20.35%29.71%
    2012-10.53%-21.59%9.61%3.27%
    2011-7.42%-0.17%4.04%11.83%
    201036.70%36.63%27.29%32.96%
    2009118.75%75.43%102.46%75.45%
    2008-69.36%-79.11%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2021
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2021
    34
    Annual Portfolio Turnover:
    As of 11/30/2020
    77.57%
    Asset Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Energy80.34%
    Sensitive (Super Sector)80.34%
    Defensive (Super Sector)14.52%
    Utilities14.52%
    Corporate (Super Sector)3.54%
    Preferred Stock3.54%
    Cash Equivalents0.07%
    Cash Equivalents (Super Sector)0.07%
    Top Holdings

    As of 3/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Energy Transfer LP$6.76M6.96%
    Enterprise Products Partners LP$6.65M6.85%
    Targa Resources Corp$6.35M6.54%
    Plains GP Holdings LP Class A$6.15M6.33%
    Williams Companies Inc$4.97M5.12%
    Pembina Pipeline Corp$4.96M5.11%
    MPLX LP Partnership Units$4.92M5.07%
    Enbridge Inc$4.14M4.27%
    ONEOK Inc$4.10M4.22%
    Kinder Morgan Inc Class P$4.06M4.18%
    Credit Quality

    As of 3/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity78.18%
    Canada - Equity13.46%
    United Kingdom - Equity3.22%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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