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NXG NextGen Infrastructure Income Fund Announces Monthly Distributions

In a recent announcement, the NXG NextGen Infrastructure Income Fund (traded under NYSE: NXG) has declared a distribution of $0.54 per common share for both December 2024 and January 2025. This declaration signals a continued commitment by the Fund to provide returns to its investors as it navigates the infrastructure investment landscape.

Distribution Details

The distributions will be payable as follows:

• - For December 2024:

- Record Date: December 16, 2024
- Ex-Dividend Date: December 16, 2024
- Payment Date: December 31, 2024
- Distribution Amount: $0.54
- Return of Capital Estimate: 0.00%

• - For January 2025:

- Record Date: January 16, 2025
- Ex-Dividend Date: January 16, 2025
- Payment Date: January 31, 2025
- Distribution Amount: $0.54
- Return of Capital Estimate: 100%

The return of capital estimate takes into account the Fund's anticipated earnings for the fiscal year, although final determinations of capital returns will not be made until early 2025 for the 2024 dividends and early 2026 for the 2025 dividends.

The Fund's Profile

The NXG Fund operates as a closed-end management investment company that primarily seeks high total returns with an emphasis on current income. By investing at least 80% of its net assets in a diversified portfolio of equity and debt securities, the Fund focuses on various infrastructure segments, including energy, industrial, sustainable sectors, and technology communications.

The Fund's strategy of investing in infrastructure aligns with increasing demand for energy and technology resources, making it an appealing option for investors looking for growth within the evolving infrastructure realm.

Investment Dynamics

As a reminder, the trading of the NXG shares occurs on the New York Stock Exchange, where the shares may often trade at a discount to their net asset value. The performance of the Fund is subject to market fluctuations, and past performance is not a predictor of future outcomes. Consequently, there can be no assurance that the declared distributions will continue at similar amounts or frequencies in the future.

Investors should remain vigilant concerning the Fund's continued compliance with its financial obligations, the performance of its portfolio, and its net investment income, all of which will influence future distributions.

About NXG Investment Management

NXG Investment Management, guided by Cushing Asset Management, LP, offers Next Gen investment strategies tailored to long-term growth in traditional and transformative infrastructure. Based in Dallas, Texas, NXG is dedicated to navigating the complexities of infrastructure investment while delivering consistent returns for its shareholders.

For further inquiries or details about the NXG Fund's operations, you may contact NXG Investment Management directly. Stay informed about the dynamics of investment returns as the infrastructure sector continues to expand and evolve in response to modern demands.