#United States #Dallas #Midstream Energy #SRV #NXG Cushing Fund

NXG Cushing Midstream Energy Fund Announces Special Distribution

The NXG Cushing Midstream Energy Fund (NYSE: SRV) has declared a noteworthy special distribution of $2.14 per common share, revealing its commitment to providing value to its shareholders. This announcement came on December 19, 2025, and showcases the Fund's proactive approach toward meeting its fiscal commitments.

This special distribution will be effective on multiple key dates:

• - Record Date: December 29, 2025
• - Ex-Dividend Date: December 29, 2025
• - Payment Date: December 31, 2025

This fresh $2.14 payout is in addition to an earlier announced distribution of $0.45 per share earlier this December, reflecting the Fund's efforts to meet its 2025 distribution obligations as a regulated investment company for taxation in the U.S.

It's noteworthy that this distribution is estimated to consist of a 100% long-term capital gain, although the sources of such distribution will remain preliminary until the Fund completes its year-end reporting in early 2026.

The special distribution seeks to enhance shareholder value and to bolster the Fund's regulatory standing as it pivots through varied financial landscapes. Given the uncertainties often associated with such announcements, the Board of Trustees maintains the discretion to defer payment if deemed necessary to ensure compliance with legal or financial requirements.

The NXG Cushing Midstream Energy Fund is identified as a non-diversified, closed-end investment company that primarily seeks to pursue a high after-tax return through capital appreciation and current income by investing no less than 80% of its net assets into midstream energy investments.

These midstream energy investments comprise various infrastructures, including gathering, transportation, processing, and refining of critical natural resources like natural gas, crude oil, biofuels, and renewables such as solar or wind energy.

This announcement underscores the intricacies of the closed-end fund structure, where shares are often traded at market values that can differ significantly from their net asset values, typically at a discount. Investors are reminded that while the Fund aims to fulfill its investment goals, challenges and variances in performance are part of the investment landscape

The NXG Cushing Midstream Energy Fund operates under the aegis of Cushing Asset Management, LP, known for delivering next-generation investment strategies primarily focused on vital infrastructure sectors. The firm is rooted in Dallas, Texas, and is dedicated to steering long-term growth outcomes for its investors.

In conclusion, the recent special distribution is seen as an affirmation of the Fund's ongoing commitment to maximizing shareowner returns amid the rigorous standards of the energy investment sector. Shareholders are encouraged to stay vigilant for future communications regarding their returns, especially concerning regulatory implications for the 2025 fiscal year.

For any inquiries, investors can reach out to NXG Investment Management. As always, systematic review and assessment alongside professional advice are recommended for stakeholders engaging in investment activities within the energy infrastructure domain.