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

NXG Cushing Midstream Energy Fund Announces Monthly Distributions

On February 3, 2025, the NXG Cushing® Midstream Energy Fund (NYSE: SRV) made a significant announcement regarding its monthly distributions. The fund, which primarily invests in midstream energy assets, declared a distribution of $0.45 per common share for the months of February, March, April, and May 2025. This steady payout demonstrates the fund's commitment to delivering consistent returns to its shareholders.

Distribution Schedule

The fund's distributions will follow a structured schedule as outlined below:

• - February 2025

- Record Date: February 18, 2025
- Ex-Dividend Date: February 18, 2025
- Payment Date: February 28, 2025
- Amount: $0.45
- Estimated Return of Capital: 100%

• - March 2025

- Record Date: March 17, 2025
- Ex-Dividend Date: March 17, 2025
- Payment Date: March 31, 2025
- Amount: $0.45
- Estimated Return of Capital: 100%

• - April 2025

- Record Date: April 15, 2025
- Ex-Dividend Date: April 15, 2025
- Payment Date: April 30, 2025
- Amount: $0.45
- Estimated Return of Capital: 100%

• - May 2025

- Record Date: May 15, 2025
- Ex-Dividend Date: May 15, 2025
- Payment Date: May 30, 2025
- Amount: $0.45
- Estimated Return of Capital: 100%

The estimated return of capital indicates that shareholders can expect the entirety of these distributions to be classified in this manner, dependent on the fund’s earnings and overall capital performance by the year’s end.

What is the NXG Cushing Midstream Energy Fund?

The NXG Cushing Midstream Energy Fund is a non-diversified, closed-end investment management company focusing on producing a high after-tax total return by merging capital appreciation with current income. To achieve its goals, the fund typically invests over 80% of its net assets, alongside any additional borrowings, in a carefully selected portfolio of midstream energy investments.

Midstream energies are crucial components in the energy infrastructure market. They are primarily concerned with the gathering, processing, and transportation of natural resources such as crude oil and natural gas. Midstream companies are identified by their significant engagement in energy services, meaning that at least 50% of their financial activities directly relate to these sectors.

Navigating Risks and Market Fluctuations

Investors must be aware that investment in the fund carries inherent risks, including the possibility of shifts in value related to underlying securities. Furthermore, shares of closed-end funds can trade at prices that deviate from their actual net asset value. Thus, there is often a discount to net asset value, leading to potentially more complex dynamics for investors.

The Fund's Broader Impact

With its strategic distributions, the NXG Cushing Midstream Energy Fund is signaling a robust financial position and an optimistic outlook on its investment strategies over the coming months. The fund's approach to midstream investments aligns with growing needs for resource management and distribution, especially as energy infrastructures continue evolving.

Final Thoughts

The NXG Cushing Midstream Energy Fund is well-positioned within its sector, and the announced distributions illustrate an attentive and proactive management strategy that emphasizes shareholder value. As this fund navigates the complexities of the market, its transparent approach regarding distribution and allocation bolsters investor confidence.

For those looking to invest or maintain their stake, staying updated on future announcements will be crucial in aligning investment strategies with market trends.

For more information, stakeholders may contact NXG Investment Management or visit their official website.