NXG

NXG NextGen Infrastructure Income Fund

NXG

Market cap $206M

Overview Fund Activity

48.43 USD

+0.48

1%

At close Updated Sep 12, 4:00 PM EDT

1 day

1%

5 days

4.15%

1 month

3.48%

3 months

-2.79%

6 months

1.02%

Year to date

3.37%

1 year

19.05%

5 years

66.37%

10 years

-24.14%

About: Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

9% more capital invested

Capital invested by funds: $30.9M [Q1] → $33.5M (+$2.64M) [Q2]

0.1% more ownership

Funds ownership: 18.04% [Q1] → 18.14% (+0.1%) [Q2]

6% less funds holding

Funds holding: 33 [Q1] → 31 (-2) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

See Fund Rankings

Financial journalist opinion

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions

DALLAS , Sept. 2, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of September, October, and November 2025.

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces the Preliminary Results of its Rights Offering

DALLAS , Aug. 14, 2025 /PRNewswire/ -- The NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on July 21, 2025, and expired on August 13, 2025 (the "Expiration Date").

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces the Preliminary Results of its Rights Offering

NXG Rights Offering Closing Soon

NXG's offering is closing soon. The discount remains narrower than -10%, so it makes sense to subscribe. Strong NAV performance likely contributed to steady discount valuation.

NXG Rights Offering Closing Soon

5 Best CEFs This Month For Yields Up To 13% (July 2025)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Yields Up To 13% (July 2025)

NXG: Collecting Income From Modern Infrastructure

NXG offers a high 13.8% yield and focuses on modern infrastructure, but current entry is not ideal due to a rights offering and premium valuation. The fund's strategy emphasizes income over growth, using aggressive leverage that poses risks in today's high interest rate environment. Dividend coverage is inconsistent, with most payouts funded by return of capital; a lower payout could enhance stability and sustainability.

NXG: Collecting Income From Modern Infrastructure

NXG: Still Not Sure Where The Income Is

I maintain my Hold rating on NXG, as risks I highlighted previously persist, despite no immediate negative developments since my last review. NXG NextGen Infrastructure Income Fund continues to pay dividends in excess of distributable cash flow, relying on return of capital rather than organic portfolio income. The upcoming rights offering does not present a compelling opportunity, especially as shares now trade at a premium to NAV.

NXG: Still Not Sure Where The Income Is

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Terms of Rights Offering and Change to Record Date of August Distribution

DALLAS , July 10, 2025 /PRNewswire/ -- The board of trustees (the "Board") of NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders") of beneficial interest, par value $0.001 per share ("Common Shares"), as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the "Offer"). The Board, based on the recommendations and presentations of the Fund's investment adviser, Cushing ® Asset Management, LP, doing business as NXG Investment Management (the "Investment Adviser"), and others, has determined that it is in the best interests of the Fund and the Common Shareholders to conduct the Offer and thereby to increase the assets of the Fund available for investment.

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Terms of Rights Offering and Change to Record Date of August Distribution

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions

DALLAS , June 2, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of June, July, and August 2025. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date Distribution Amount Return of Capital Estimate 1 6/16/2025 6/16/2025 6/30/2025 $0.54 100 % 7/2/2025 7/2/2025 7/31/2025 $0.54 100 % 8/15/2025 8/15/2025 8/29/2025 $0.54 100 % 1 The return of capital estimate is based on the Fund's current anticipated earnings and profits for the fiscal year and does not include a projection of gains and losses on the sale of securities which may occur during the remainder of the year.

NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions

NXG: Nearly 14% Yield, Stable Performance, Is It A Buy?

NXG NextGen Infrastructure Income Fund offers high monthly income and diversified infrastructure exposure, benefiting from AI-driven energy demand. NXG currently pays a generous distribution yield of just below 14% and trades at a small premium. The fund has performed very well on a five-year basis; however, the long-term performance over 10 years has been subpar, partly due to the oil price crash in 2014.

NXG: Nearly 14% Yield, Stable Performance, Is It A Buy?

5 Best CEFs This Month For Yields Up To 14% (May 2025)

For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Yields Up To 14% (May 2025)

See News Rankings

Charts implemented using Lightweight Charts™