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