NXG Cushing Midstream Energy Fund

SRV

Market cap $226M

DALLAS, June 2, 2026 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.50 per common share for each of June, July, and August 2026. These distributions reflect an 11.1% increase over the previous distributions of $0.45 per month.

The NXG Cushing Midstream Energy Fund (SRV) offers an 11.43% yield, primarily investing in midstream energy common equities for high current income. SRV has consistently covered its distribution over the past three years, with net asset value up 37.52% despite high payouts. The fund is diversified across U.S. and Canadian midstream companies, limiting concentration risk and providing some foreign currency exposure.

Utility and energy-focused infrastructure funds are benefiting from AI-driven power demand, leading to strong performance. Today, we're taking a fresh look at the space, looking at key metrics to determine some potential ideas. Diversifying across discounted infrastructure CEFs provides both income and potential upside as AI demand sustains sector momentum and discounts may narrow.

The NXG Cushing Midstream Energy Fund offers diversified midstream energy exposure and a 12% yield without K-1 tax complications. SRV's forward prospects are supported by rising AI data center energy demand and new export projects, positioning the fund for continued total return. Leverage at 20.7% of assets amplifies both upside and downside, especially in volatile commodity cycles and higher interest rate environments.

DALLAS, Feb. 2, 2026 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.45 per common share for each of February, March, April, and May 2026.  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 2/17/2026 2/17/2026 2/27/2026 $0.45 100 % 3/16/2026 3/16/2026 3/31/2026 $0.45 100 % 4/16/2026 4/16/2026 4/30/2026 $0.45 100 % 5/15/2026 5/15/2026 5/29/2026 $0.45 100 % 1The 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.

2026 has started with global geopolitical and economic turmoil, yet major indices like QQQ and SPY continue their relentless bull run. Valuations in AI/tech names such as Palantir, Microsoft, and Meta Platforms appear stretched, raising concerns about potential downside risk. Key risks include a weaker dollar, higher inflation, and a sudden AI bubble burst, all threatening current “risk-on” market sentiment.

NXG Cushing Midstream Energy Fund offers a nearly 19% yield, which draws a lot of attention. On a total return basis, the CEF has lately performed relatively good, which makes the case for income investment even more compelling. However, after dissecting the key fundamentals, it is clear that the yield at this level is far from being sustainable.

DALLAS , Dec. 19, 2025 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared a special distribution of $2.14 per common share.  This special distribution will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date Distribution Amount December 29, 2025 December 29, 2025 December 31, 2025 $2.14 This special distribution is in addition to the Fund's previously announced December distribution of $0.45 per share.

DALLAS , Dec. 12, 2025 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on November 17, 2025, and expired on December 11, 2025 (the "Expiration Date").

DALLAS , Dec. 2, 2025 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared a monthly distribution of $0.45 per common share for January 2026.  This monthly distribution will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date Distribution Amount Return of CapitalEstimate 1 1/16/26 1/16/26 1/30/26 $0.45 100 % 1The return of capital is the return of a portion of the shareholder's original investment.