NXG NextGen Infrastructure Income Fund (NXG)
| Market Value | 109.71M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 2.60M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $6.48 (15.37%) |
| Ex-Dividend Date | Jan 16, 2025 |
| Volume | 42,733 |
| Open | 41.30 |
| Previous Close | 40.72 |
| Day's Range | 40.90 - 42.52 |
| 52-Week Range | 32.04 - 53.84 |
| Beta | 1.53 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About NXG
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies. NXG NextGen Infrastructure Income Fund was formed in 2012 and is domiciled in the United States... [Read more]
News
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I h...
NXG: A Couple Of Holes In This Strategy
NextGen Infrastructure Income Fund yields 14%, but its reliance on common stocks makes it different from many other CEFs. The fund's diverse portfolio includes traditional and tech-focused infrastruct...
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions
DALLAS , Dec. 2, 2024 /PRNewswire/ -- NXG NextGen Infrastructure Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of December 2024 and January 2025. The...
NXG: 15% Yield, 4% Discount On New And Old Infrastructure
The NextGen Infrastructure Income Fund (NXG) offers a 15.77% yield, investing in both traditional and next-gen infrastructure, including renewables and data storage. NXG's performance has been mixed, ...
9 Closed-End Fund Buys In The Month Of August 2024
The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initial...
NXG: A Good Way To Add Renewable Energy To A Portfolio And Profit From Electrification
The NXG NextGen Infrastructure Income Fund offers a 16.80% yield, providing investors with exposure to renewable energy and the energy transition without sacrificing income. The fund's recent performa...
4 Closed-End Fund Buys In The Month Of July 2024
Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-tim...
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces the Preliminary Results of its Rights Offering
DALLAS , July 18, 2024 /PRNewswire/ -- The NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offe...
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Terms of Rights Offering and Change to Record Date of July Distribution
DALLAS , June 10, 2024 /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 rig...
NXG: Distribution Boost Does Its Job
NXG NextGen Infrastructure Income Fund's discount has narrowed materially thanks to the much higher distribution. Though there was some considerable volatility shortly after our prior update, the fund...
NXG: Strong Bounce On Narrowing Discount But Watch Portfolio Risks
NXG NextGen Infrastructure Income Fund has seen a strong performance in the short-term, benefiting from a closing of the fund's discount to net asset value. However, the fund has significantly underpe...
NXG: It's Time To Trim This One
Infrastructure and renewable energy stocks have underperformed the S&P 500 in 2024. This article is a follow-up to my last article in November 2023. The NextGen Infrastructure Income Fund has outperfo...
NXG: Poorly Performing Infrastructure Fund, Avoid
The NXG NextGen Infrastructure Income Fund has a 10-year average annual return of -0.4% and has been funding its distribution entirely from return of capital. The fund primarily invests in equity secu...
My Top 10 Closed-End Fund Holdings: December 2023
I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior...
NXG: A CEF That Invests In Infrastructure And Renewables
NextGen Infrastructure Income Fund is a cheap CEF that invests in sustainable infrastructure and renewable energy investments. NXG trades at a 14.5% discount to NAV and is owned by well-known closed-e...
NXG Cushing® Midstream Energy Fund and NXG NextGen Infrastructure Income Fund Announce Officer and Portfolio Manager Changes
DALLAS , Oct. 9, 2023 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) and NXG NextGen Infrastructure Income Fund (NYSE: NXG), each a closed-end management investment company (the "Funds...
5 Closed-End Fund Buys In The Month Of August 2023 (Plus 2 I Sold)
This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in clos...
NXG: Attractive Distribution Doubled, Deep Discount And An Interesting Portfolio
Energy and renewables, as well as REITs and utilities, have been under pressure this year, affecting NXG NextGen Infrastructure Income Fund. The fund has announced a doubling of its distribution to tr...
NXG NexGen Infrastructure Income Fund (NYSE: NXG) Increases Monthly Distribution 100%
DALLAS , Sept. 1, 2023 /PRNewswire/ -- The NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of September, October and N...
NXG: Interesting Play On Traditional And Renewable Energy While Earning Income
Midstream companies have long been good ways to earn an income, but some people believe that they will soon become obsolete. That is unlikely to be the case, but there is probably going to be more gro...
NXG: This CEF Can Help You Play The Energy Transition And Get A High Yield
It is difficult to get exposure to renewable or clean energy companies and still get a high yield. NXG NextGen Infrastructure Income Fund invests in a portfolio of both traditional and renewable energ...
4 Closed-End Fund Buys In The Month Of February 2023
After a strong January, the markets have taken a turn lower for the month of February. While a general pause could be warranted after such a run, strong economic data and inflation sent the markets lo...
Closed-End Funds: Misclassifications Can Lead To Misunderstanding
Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things ...
NXG: Deep Discount, Big Distribution Boost
Ticker NXG was formerly ticker SZC; with this change, "The Cushing" was dropped, and "NXG" was added in front of the fund's name. This change had no investment policy, investment objective or change i...
NXG NextGen Infrastructure Fund (NYSE: NXG) Increases Monthly Distribution 26.64%; Announces Trustee Retirement and Trustee Appointment
DALLAS , Feb. 1, 2023 /PRNewswire/ -- NXG NextGen Infrastructure Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.27 per common share for each of February, March, April, and May 2023...