SRV

NXG Cushing Midstream Energy Fund
SRV

$42.16
0.29%

Market Cap: 123M

 

About: NXG Cushing Midstream Energy Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in midstream energy investments.

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

5% less funds holding

Funds holding: 22 [Q4 2023] → 21 (-1) [Q1 2024]

13.69% less ownership

Funds ownership: 23.06% [Q4 2023] → 9.38% (-13.69%) [Q1 2024]

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

51% less capital invested

Capital invested by funds: $17.1M [Q4 2023] → $8.44M (-$8.64M) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

Research analyst outlook

We haven’t received any recent analyst ratings for SRV.

Financial journalist opinion