Sec Form 4 Filing - Swank Capital, LLC @ Cushing MLP Total Return Fund - 2008-07-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Swank Capital, LLC
2. Issuer Name and Ticker or Trading Symbol
Cushing MLP Total Return Fund [ SRV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Affiliate
(Last) (First) (Middle)
3300 OAK LAWN AVENUE, SUITE 650
3. Date of Earliest Transaction (MM/DD/YY)
07/02/2008
(Street)
DALLAS, TX75219
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/02/2008 S 14,800 ( 1 ) D $ 17.08 9,236 ( 2 ) ( 3 ) I See Footnote ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Swank Capital, LLC
3300 OAK LAWN AVENUE
SUITE 650
DALLAS, TX75219
Affiliate
Swank Energy Income Advisors, LP
3300 OAK LAWN AVENUE
SUITE 650
DALLAS, TX75219
Affiliate
Swank Jerry V
3300 OAK LAWN AVENUE
DALLAS, TX75219
Affiliate
Signatures
/s/ Jerry V. Swank, Manager of Swank Capital, LLC/s/ Jerry V. Swank, Manager of Swank Capital, LLC, the General Partner of Swank Energy Income Advisors, LP/s/ Jerry V. Swank 07/03/2008
Signature of Reporting Person Date
/s/ Jerry V. Swank, Manager of Swank Capital, LLC, the General Partner of Swank Energy Income Advisors, LP 07/03/2008
Signature of Reporting Person Date
/s/ Jerry V. Swank 07/03/2008
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The common shares of Cushing MLP Total Return Fund were sold by a private investment fund that is managed by Swank Energy Income Advisors, LP.
( 2 )The filing of this Form 4 shall not be construed as an admission that Mr. Jerry V. Swank ("Mr. Swank") is or was, for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any of the common shares of Cushing MLP Total Return Fund that may be held by any private investment funds that are ultimately managed by Mr. Swank. Pursuant to Rule 16a-1, Mr. Swank disclaims such beneficial ownership beyond his pecuniary interest in these funds.
( 3 )In addition, Mr. Swank holds 4,000 common shares of Cushing MLP Total Return Fund in a personal account, which were previously reported on a Form 4 filed on 08/29/2007.
( 4 )An additional 4,000 common shares of Cushing MLP Total Return Fund are held by a second private investment fund that is also managed by Swank Energy Income Advisors, LP, as previously reported on a Form 4 filed on 10/25/07. Swank Energy Income Advisors receives an allocation of net profits and an asset based fee from these funds. Mr. Swank serves as the manager of the general partner of Swank Energy Income Advisors, LP.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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