NXG NextGen Fund Reveals Monthly Distributions Details

NXG NextGen Infrastructure Fund Monthly Distributions Announced

Recently, the NXG NextGen Infrastructure Fund (NYSE: NXG) took an important step in communicating to shareholders about its upcoming financial distributions. This announcement is significant for investors looking to receive returns on their investments. The Fund declared monthly distributions of $0.54 per common share for both the forthcoming months of December and January. The Board has outlined a clear schedule for these payments.

Distribution Payment Schedule

Important Dates for Shareholders

Shareholders can expect the following dates regarding their distribution payments:

• Record Date: December 16, 2024
• Ex-Dividend Date: December 16, 2024
• Payment Date: December 31, 2024
• Distribution Amount: $0.54
• Return of Capital Estimate: 0.00%

The same schedule will apply for the upcoming January distribution, ensuring consistent communication with investors.

Understanding Return of Capital

It's worth noting that the return of capital figures are based on current anticipated earnings and may vary. For January, the expected return of capital is 100%. Investors will receive detailed reports regarding the final tax statuses of these distributions early in the following year. Understanding this aspect is vital for investors who wish to maximize their benefits from their holdings.

About the NXG Fund

The NXG NextGen Infrastructure Fund is a closed-end investment company with a focus on generating high total returns while emphasizing current income. Under typical market conditions, the Fund aims to invest at least 80% of its net assets and borrowings in a diversified portfolio of securities from various infrastructure sectors, including:

• Energy infrastructure
• Industrial infrastructure
• Sustainable infrastructure
• Technology and communication infrastructure

The investment strategy allows flexibility to adjust asset allocations to respond to market conditions effectively, thereby maximizing shareholder value.

Potential Risks and Considerations

While the Fund aims to fulfill its investment responsibilities diligently, there are inherent risks involved in investment strategies. Factors affecting the Fund’s performance include market volatility and various operational expenses. Shareholders should be aware that these distributions and investment results may differ significantly from projections.

About NXG Investment Management

NXG Investment Management, operating through Cushing® Asset Management, LP, represents a forward-thinking approach in investment advisement. Based in Dallas, this firm caters to clients looking to capitalize on innovative infrastructure investments that promise growth and sustainability. The firm’s expertise lies in developing next-generation strategies for financial success in both traditional and transformative sectors.

The firm’s proactive investment approach aims to identify and leverage opportunities across multiple sectors of the infrastructure industry, ensuring its clients' interests are effectively managed.

Frequently Asked Questions

What is the NXG NextGen Infrastructure Fund?

The NXG NextGen Infrastructure Fund is a closed-end management investment company focusing on achieving high total returns primarily through current income.

What are the distribution amounts for December and January?

The announced distribution amount is $0.54 per common share for both December 2024 and January 2025.

Who manages the NXG Fund?

NXG Investment Management, doing business through Cushing® Asset Management, LP, manages the NXG Fund.

What sectors does the NXG Fund invest in?

The NXG Fund typically invests in energy, industrial, sustainable, and technology infrastructure sectors, targeting a diverse portfolio.

Are there risks associated with investing in the NXG Fund?

Yes, investments in the Fund involve risks including market volatility and fluctuating net asset value, which may affect returns.

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