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NXG Cushing® Midstream Energy Fund Announces Distributions

In a recent announcement, the NXG Cushing® Midstream Energy Fund (traded under the NYSE symbol SRV) confirmed that it will distribute $0.45 per common share monthly for the upcoming three months. Specifically, these payments are scheduled for September, October, and November 2025, indicating a commitment to returning value to its shareholders.

Distribution Schedule

The key dates associated with these distributions are as follows:

• - September 2025

- Record Date: September 16
- Ex-Dividend Date: September 16
- Payment Date: September 30
- Distribution Amount: $0.45

• - October 2025

- Record Date: October 15
- Ex-Dividend Date: October 15
- Payment Date: October 31
- Distribution Amount: $0.45

• - November 2025

- Record Date: November 17
- Ex-Dividend Date: November 17
- Payment Date: November 28
- Distribution Amount: $0.45

This distribution strategy reflects the fund's primary objective of providing its shareholders with a stable income flow alongside potential capital appreciation.

Understanding the Fund's Structure

The NXG Cushing Midstream Energy Fund is classified as a non-diversified fixed-end investment fund. A significant aspect of its investment strategy is to focus more than 80% of its net assets on midstream energy investments which involves activities such as the gathering, transporting, processing, and refining of various energy resources.

This can encompass a wide array of services related to natural assets, including but not limited to natural gas, crude oil, biofuels, and even renewable energy sources like solar and wind. Essentially, the Fund aims to yield attractive returns by investing in companies that play crucial roles in the energy supply chain.

Future Financial Outlook

It is important to mention that approximately 100% of the announced distributions are expected to be treated as a return of capital. This is based on the fund's current anticipated earnings and profits for the fiscal year. However, shareholders should stay informed as final determinations regarding the exact nature of these distributions will be made early in 2026, dependent on the overall performance and profits from the year.

Shareholders can expect the final reports detailing the exact distribution statuses and any other related financial outcomes, ensuring transparency and clarity regarding their investments.

Investment Strategy and Risks

Investors should note that while the NXG Cushing Midstream Energy Fund strives to achieve its investment goals, there are inherent risks involved, including fluctuating operating expenses and market value variations. The net asset value of the fund is subject to market conditions, affecting trading prices, often at discounts compared to their net asset values.

Future distributions will be evaluated based on a variety of factors, including compliance with financial covenants and overall financial performance. As such, there's no guarantee that distributions will continue at the currently proposed amount.

About NXG Investment Management

Cushing® Asset Management, LP, under the NXG Investment Management banner, is located in Dallas and serves as the fund’s investment adviser. They strive to provide next-generation strategies that align with the evolving landscape of both traditional and innovative energy infrastructure investments.

If you require further insights into the ongoing initiatives of NXG Investment Management, kindly visit their official site for more details.