NXG NextGen Infrastructure Inc:NXG

    Manage Alerts

    Overview

    As of 1/22/2025

     Share
    Price    		NAVPremium/
    Discount
    Current$50.48$51.17-1.35%
    52 Wk Avg$41.31$43.56-5.34%
    52 Wk High$53.84$51.866.36%
    52 Wk Low$32.90$37.57-12.76%
    Regular Distribution Type†Income Only
    Distribution Rate12.84%
    Distribution Amount$0.5400
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is to seek a high total return with an emphasis on current income. There can be no assurance that the Fund’s investment objective will be achieved. The Fund pursues its investment objective by investing, under normal market conditions, 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 energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies and technology and communication infrastructure companies.

    Capital Structure

    As of 1/22/2025

    Total Investment Exposure:$223.316M
    Total Common Assets:$177.506M
    Common Shares Outstanding:3,468,952
    Leverage

    As of 1/22/2025

    Preferred Share Assets:
    Total Debt (USD): $45.810M
    Regulatory Leverage (USD): $45.810M
    Effective Leverage (USD): $45.810M
    Effective Leverage (%): 20.51%
    Annual Expense Ratios

    As of 11/30/2024

      Per Common Share
    Management Fees1.69%
    Other Expenses:0.32%
    Baseline Expense: N/A
    Interest Expense:2.14%
    Total: 4.15%
    Fund Management

    Fund Sponsor
    Cushing Asset Management LP

    Portfolio Managers
    John Musgrave, Todd Sunderland

    Basics
    Category: Equity-Sector Equity
    Ticker: NXG
    NAV Ticker: XNXGX
    Average Daily Volume (shares): 32,120
    Average Daily Volume (USD): $1.332M
    Inception Date: 9/26/2012
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 1/22/2025

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 5/31/2024    		 -$0.2438
    Annualized Distribution Rate on NAV:
    As of 1/22/2025    		12.66%
    Total Return on NAV (12 months):
    As of 1/22/2025    		32.22%
    Total % Portfolio Effectively Leveraged:
    As of 1/22/2025     		20.51%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 1/22/2025

    PeriodAvg Discount
    6 Month-2.80%
    1 Year-5.34%
    3 Year-14.83%
    5 Year-16.95%
    Z-Score

    As of 1/22/2025

    PeriodZStat
    3 Month0.18
    6 Month0.54
    1 Year1.10
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/31/2024
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD51.19%32.22%28.60%12.57%
    202451.19%32.22%28.60%12.57%
    20234.45%-11.22%4.81%6.23%
    2022-7.45%-2.21%-10.73%-7.15%
    202127.79%12.47%22.39%17.58%
    2020-23.46%-9.81%5.15%5.71%
    201912.85%6.76%26.64%22.38%
    2018-9.44%2.70%-12.35%-9.96%
    201725.93%12.71%18.18%12.88%
    201635.70%26.84%17.45%14.67%
    2015-26.44%-24.32%-15.98%-12.75%
    2014-9.11%-8.21%5.16%4.65%
    201318.03%24.89%16.34%17.44%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/31/2024
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2024    		56
    Annual Portfolio Turnover:
    As of 11/30/2024    		251.22%
    Asset Allocation

    As of 12/31/2024

    Top Sectors

    As of 12/31/2024

    Sector%Portfolio
    Sensitive (Super Sector)74.79%
    Energy50.30%
    Defensive (Super Sector)20.49%
    Utilities20.49%
    Technology14.63%
    Industrials6.59%
    Cyclical (Super Sector)3.73%
    Communication Services3.26%
    Real Estate3.11%
    Cash Equivalents (Super Sector)1.11%
    Top Holdings

    As of 12/31/2024

    HoldingValue% Portfolio
    Energy Transfer LP$11.24M5.03%
    Vistra Corp$9.38M4.19%
    Targa Resources Corp$9.10M4.07%
    DT Midstream Inc Ordinary Shares$8.95M4.00%
    MPLX LP Partnership Units$8.04M3.60%
    Cheniere Energy Inc$7.95M3.56%
    Constellation Energy Corp$7.61M3.40%
    Williams Companies Inc$7.20M3.22%
    NRG Energy Inc$7.13M3.19%
    Kinder Morgan Inc Class P$6.85M3.06%
    Country Allocation

    As of 12/31/2024

    Country% Portfolio
    United States - Equity94.94%
    Canada - Equity4.06%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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