he Cushing NextGen Infrastructure Income Fund’s objective is to seek high total return with an emphasis on current income. There can be no assurance that the Fund’s investment objective will be achieved. Under normal market conditions, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of equity and debt securities of infrastructure companies, including: (i) energy infrastructure companies, (ii) industrial infrastructure companies, (iii) sustainable infrastructure companies, and (iv) technology and communication infrastructure companies. The Fund will invest no more than 25% of its Managed Assets in securities of energy master limited partnerships (“MLPs”).
Company profile
Ticker
NXG
Exchange
CEO
Jerry Swank
Employees
Incorporated
Location
Fiscal year end
Former names
Cushing MLP Income Fund, Cushing NextGen Infrastructure Income Fund, Cushing Renaissance Fund
SEC CIK
NXG stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
19 Apr 24
N-CEN
Annual report (registered investment company)
13 Feb 24
N-CSR
Certified annual shareholder report (management investment company)
8 Feb 24
CORRESP
Correspondence with SEC
11 Oct 23
N-CSR/A
Certified annual shareholder report (management investment company) (amended)
5 Oct 23
N-PX
Annual report of proxy voting record
24 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
7 Aug 23
DEF 14A
Definitive proxy
21 Apr 23
N-CEN
Annual report (registered investment company)
13 Feb 23
N-CSR
Certified annual shareholder report (management investment company)
6 Feb 23
Latest ownership filings
NPORT-P
NXG NextGen Infrastructure Income Fund (Feb 2024 report)
25 Apr 24
SC 13D/A
Bulldog Investors, LLP
8 Feb 24
SC 13G/A
FIRST TRUST PORTFOLIOS LP
31 Jan 24
SC 13G/A
RAYMOND JAMES & ASSOCIATES
26 Jan 24
NPORT-P
NXG NextGen Infrastructure Income Fund (Nov 2023 report)
25 Jan 24
SC 13D/A
Bulldog Investors, LLP
8 Jan 24
4
Jerry V Swank
7 Dec 23
4
Todd Sunderland
8 Nov 23
4
Blake Nelson
8 Nov 23
NPORT-P
NXG NextGen Infrastructure Income Fund (Aug 2023 report)
26 Oct 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
NXG NextGen Infrastructure Income Fund | – | 7.72 | 3.78 | -8.56 | 163.06 mm | 52 | Aug 2023 |
Institutional ownership, Q2 2023
43.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 34 |
Opened positions | 7 |
Closed positions | 3 |
Increased positions | 8 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 34.47 bn |
Total shares | 1.13 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
First Trust Portfolios | 194.86 k | $0.00 |
Raymond James & Associates | 166.18 k | $6.39 bn |
Saba Capital Management | 117.97 k | $4.54 bn |
Bulldog Investors | 103.24 k | $3.97 bn |
MS Morgan Stanley | 88.21 k | $3.39 bn |
Almitas Capital | 87.78 k | $3.48 bn |
Zimmer Partners | 77.51 k | $2.98 bn |
Cornerstone Advisors | 36.59 k | $1.41 bn |
Matisse Capital | 30.00 k | $1.15 bn |
Aristides Capital | 28.69 k | $1.10 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Dec 23 | Swank Jerry V | Common Shares | Buy | Acquire P | No | No | 33.75 | 8,900 | 300.38 k | 33,900 |
7 Nov 23 | Todd Sunderland | Common Shares | Buy | Acquire P | No | No | 32 | 100 | 3.20 k | 100 |
6 Nov 23 | Blake Nelson | Common Shares | Buy | Acquire P | No | No | 31.775 | 100 | 3.18 k | 300 |
6 Nov 23 | Blake Nelson | Common Shares | Buy | Acquire P | No | No | 31.7996 | 200 | 6.36 k | 200 |
6 Sep 23 | Swank Jerry V | Common Shares | Buy | Acquire P | No | No | 39.65 | 10,000 | 396.50 k | 25,000 |
5 Sep 23 | Swank Jerry V | Common Shares | Buy | Acquire P | No | No | 40.2531 | 15,000 | 603.80 k | 15,000 |