UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                                   FORM N-PX

    ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
                                     COMPANY

 INVESTMENT COMPANY ACT FILE NUMBER:     811-22593

 NAME OF REGISTRANT:                     The Cushing Royalty & Income
                                         Fund



 ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 8117 Preston Road, Suite
                                         440
                                         Dallas, TX 75225

 NAME AND ADDRESS OF AGENT FOR SERVICE:  Cushing MLP Asset Management, LP
                                         8117 Preston Road, Suite
                                         440
                                         Dallas, TX 75225

 REGISTRANT'S TELEPHONE NUMBER:          214-692-6334

 DATE OF FISCAL YEAR END:                11/30

 DATE OF REPORTING PERIOD:               07/01/2012 - 06/30/2013





                                                                                                  

The Cushing Royalty & Income Fund
--------------------------------------------------------------------------------------------------------------------------
 ARC RESOURCES LTD.                                                                          Agenda Number:  933783955
--------------------------------------------------------------------------------------------------------------------------
        Security:  00208D408
    Meeting Type:  Annual and Special
    Meeting Date:  15-May-2013
          Ticker:  AETUF
            ISIN:  CA00208D4084
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JOHN P. DIELWART                                          Mgmt          No vote
       FRED J. DYMENT                                            Mgmt          No vote
       TIMOTHY J. HEARN                                          Mgmt          No vote
       JAMES C. HOUCK                                            Mgmt          No vote
       HAROLD N. KVISLE                                          Mgmt          No vote
       KATHLEEN M. O'NEILL                                       Mgmt          No vote
       HERBERT C. PINDER, JR.                                    Mgmt          No vote
       MYRON M. STADNYK                                          Mgmt          No vote
       MAC H. VAN WIELINGEN                                      Mgmt          No vote

02     TO APPOINT DELOITTE LLP, CHARTERED                        Mgmt          No vote
       ACCOUNTANTS, AS AUDITORS TO HOLD OFFICE
       UNTIL THE CLOSE OF THE NEXT ANNUAL MEETING
       OF THE CORPORATION, AT SUCH REMUNERATION AS
       MAY BE DETERMINED BY THE BOARD OF DIRECTORS
       OF THE CORPORATION.

03     A RESOLUTION TO APPROVE THE CORPORATION'S                 Mgmt          No vote
       ADVISORY VOTE ON EXECUTIVE COMPENSATION.

04     A SPECIAL RESOLUTION TO AMEND THE ARTICLES                Mgmt          No vote
       OF THE CORPORATION TO CHANGE THE RIGHTS,
       PRIVILEGES, RESTRICTIONS AND CONDITIONS IN
       RESPECT OF THE COMMON SHARES, INCLUDING
       CHANGES TO SET FORTH THE TERMS AND
       CONDITIONS PURSUANT TO WHICH THE
       CORPORATION MAY ISSUE COMMON SHARES AS
       PAYMENT OF STOCK DIVIDENDS DECLARED ON ITS
       COMMON SHARES.




--------------------------------------------------------------------------------------------------------------------------
 BREITBURN ENERGY PARTNERS L.P.                                                              Agenda Number:  933825222
--------------------------------------------------------------------------------------------------------------------------
        Security:  106776107
    Meeting Type:  Annual
    Meeting Date:  19-Jun-2013
          Ticker:  BBEP
            ISIN:  US1067761072
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     DIRECTOR
       HALBERT S. WASHBURN                                       Mgmt          No vote
       CHARLES S. WEISS                                          Mgmt          No vote

2.     RATIFICATION OF THE APPOINTMENT OF                        Mgmt          No vote
       PRICEWATERHOUSECOOPERS LLP AS THE
       INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM FOR THE YEAR ENDING DECEMBER 31, 2013.




--------------------------------------------------------------------------------------------------------------------------
 CRESCENT POINT ENERGY CORP.                                                                 Agenda Number:  933814495
--------------------------------------------------------------------------------------------------------------------------
        Security:  22576C101
    Meeting Type:  Annual and Special
    Meeting Date:  30-May-2013
          Ticker:  CSCTF
            ISIN:  CA22576C1014
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     TO FIX THE NUMBER OF DIRECTORS OF THE                     Mgmt          For                            For
       CORPORATION FOR THE ENSUING YEAR AT SEVEN
       (7).

02     DIRECTOR
       PETER BANNISTER                                           Mgmt          For                            For
       PAUL COLBORNE                                             Mgmt          For                            For
       KENNEY F. CUGNET                                          Mgmt          For                            For
       D. HUGH GILLARD                                           Mgmt          For                            For
       GERALD A. ROMANZIN                                        Mgmt          For                            For
       SCOTT SAXBERG                                             Mgmt          For                            For
       GREGORY G. TURNBULL                                       Mgmt          For                            For

03     TO CONSIDER, AND IF THOUGHT ADVISABLE, TO                 Mgmt          For                            For
       PASS, WITH OR WITHOUT VARIATION, A
       RESOLUTION TO APPROVE AMENDMENTS TO THE
       CORPORATION'S ARTICLES OF INCORPORATION
       (THE "ARTICLES") TO INCREASE THE MAXIMUM
       NUMBER OF DIRECTORS THE CORPORATION MAY
       HAVE FROM SEVEN (7) TO ELEVEN (11)
       DIRECTORS, THE FULL TEXT OF WHICH IS SET
       FORTH IN THE INFORMATION CIRCULAR.

04     TO CONSIDER, AND IF THOUGHT ADVISABLE, TO                 Mgmt          For                            For
       PASS, WITH OR WITHOUT VARIATION, A
       RESOLUTION TO ADOPT A BY-LAW PROVIDING
       ADVANCE NOTICE REQUIREMENTS FOR THE
       NOMINATION OF DIRECTORS, THE FULL TEXT OF
       WHICH IS SET FORTH IN THE INFORMATION
       CIRCULAR.

05     TO APPOINT PRICEWATERHOUSECOOPERS LLP,                    Mgmt          For                            For
       CHARTERED ACCOUNTANTS, AS AUDITORS OF THE
       CORPORATION AND AUTHORIZE THE BOARD OF
       DIRECTORS OF THE CORPORATION TO FIX THEIR
       REMUNERATION AS SUCH.

06     TO CONSIDER, AND IF THOUGHT ADVISABLE, TO                 Mgmt          For                            For
       PASS, WITH OR WITHOUT VARIATION, AN
       ADVISORY RESOLUTION TO ACCEPT THE
       CORPORATION'S APPROACH TO EXECUTIVE
       COMPENSATION, THE FULL TEXT OF WHICH IS SET
       FORTH IN THE INFORMATION CIRCULAR.




--------------------------------------------------------------------------------------------------------------------------
 DORCHESTER MINERALS, L.P.                                                                   Agenda Number:  933777748
--------------------------------------------------------------------------------------------------------------------------
        Security:  25820R105
    Meeting Type:  Annual
    Meeting Date:  15-May-2013
          Ticker:  DMLP
            ISIN:  US25820R1059
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     DIRECTOR
       BUFORD P. BERRY                                           Mgmt          No vote
       C.W. ("BILL") RUSSELL                                     Mgmt          No vote
       RONALD P. TROUT                                           Mgmt          No vote

2.     APPROVAL OF THE APPOINTMENT OF GRANT                      Mgmt          No vote
       THORNTON LLP AS OUR INDEPENDENT REGISTERED
       PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING
       DECEMBER 31, 2013.




--------------------------------------------------------------------------------------------------------------------------
 ENERPLUS CORPORATION                                                                        Agenda Number:  933780214
--------------------------------------------------------------------------------------------------------------------------
        Security:  292766102
    Meeting Type:  Annual
    Meeting Date:  10-May-2013
          Ticker:  ERF
            ISIN:  CA2927661025
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       DAVID H. BARR                                             Mgmt          For                            For
       EDWIN V. DODGE                                            Mgmt          For                            For
       JAMES B. FRASER                                           Mgmt          For                            For
       ROBERT B. HODGINS                                         Mgmt          For                            For
       GORDON J. KERR                                            Mgmt          For                            For
       SUSAN M. MACKENZIE                                        Mgmt          For                            For
       DOUGLAS R. MARTIN                                         Mgmt          For                            For
       DONALD J. NELSON                                          Mgmt          For                            For
       DAVID P. O'BRIEN                                          Mgmt          For                            For
       ELLIOTT PEW                                               Mgmt          For                            For
       GLEN D. ROANE                                             Mgmt          For                            For
       SHELDON B. STEEVES                                        Mgmt          For                            For

02     TO APPOINT DELOITTE & TOUCHE LLP, CHARTERED               Mgmt          For                            For
       ACCOUNTANTS, AS AUDITORS OF THE
       CORPORATION.

03     TO CONSIDER AND, IF THOUGHT ADVISABLE, TO                 Mgmt          For                            For
       PASS AN ORDINARY RESOLUTION, THE TEXT OF
       WHICH IS SET FORTH IN THE INFORMATION
       CIRCULAR AND PROXY STATEMENT OF THE
       CORPORATION DATED MARCH 21, 2013 (THE
       "INFORMATION CIRCULAR"), TO APPROVE ALL
       UNALLOCATED STOCK OPTIONS UNDER THE
       CORPORATION'S STOCK OPTION PLAN.

04     TO CONSIDER AND, IF THOUGHT ADVISABLE, TO                 Mgmt          For                            For
       PASS AN ORDINARY RESOLUTION, THE TEXT OF
       WHICH IS SET FORTH IN THE INFORMATION
       CIRCULAR, TO APPROVE THE CONTINUATION AND
       AMENDMENT AND RESTATEMENT OF THE
       CORPORATION'S SHAREHOLDER RIGHTS PLAN.




--------------------------------------------------------------------------------------------------------------------------
 LEGACY RESERVES LP                                                                          Agenda Number:  933787737
--------------------------------------------------------------------------------------------------------------------------
        Security:  524707304
    Meeting Type:  Annual
    Meeting Date:  14-May-2013
          Ticker:  LGCY
            ISIN:  US5247073043
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

1.     DIRECTOR
       CARY D. BROWN                                             Mgmt          For                            For
       KYLE A. MCGRAW                                            Mgmt          For                            For
       DALE A. BROWN                                             Mgmt          For                            For
       G. LARRY LAWRENCE                                         Mgmt          For                            For
       WILLIAM D. SULLIVAN                                       Mgmt          For                            For
       WILLIAM R. GRANBERRY                                      Mgmt          For                            For
       KYLE D. VANN                                              Mgmt          For                            For

2.     RATIFICATION OF THE APPOINTMENT OF BDO USA,               Mgmt          For                            For
       LLP AS OUR INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING
       DECEMBER 31, 2013.



* Management position unknown





SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant)         The Cushing Royalty & Income Fund
By (Signature)       /s/ Daniel L. Spears
Name                 Daniel L. Spears
Title                President
Date                 08/26/2013