NXG Cushing Midstream Energy Fund Announces Monthly Distribution for the Months of June, July, and August 2023, Payable on June 30, 2023, July 31, 2023, August 31, 2023, Respectively
June 01, 2023 at 09:45 am EDT
Share
NXG Cushing Midstream Energy Fund declared monthly distributions of $0.45 per common share for each of June, July, and August 2023. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date: June 15, 2023, July 18, 2023, August 15, 2023 Respectively. Ex Dividend Date: June 14, 2023, July 17, 2023, August 31, 2023 Respectively.
Payment date: June 30, 2023, July 31, 2023, August 31, 2023, respectively.
NXG Cushing Midstream Energy Fund, formerly The Cushing MLP & Infrastructure Total Return Fund, is a non-diversified, closed-end management investment company. The Fundâs investment objective is to seek a high after-tax total return from a combination of capital appreciation and current income. The Fund will pursue 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 midstream energy investments. It considers midstream energy investments to be investments that offer economic exposure to securities of midstream energy companies, which are companies that provide midstream services in the energy infrastructure sector, including the gathering, transporting, processing, fractionation, storing, refining and distribution of natural resources, such as natural gas, natural gas liquids, biofuels, carbon sequestration and others. Its investment advisor is Cushing Asset Management, LP.
NXG Cushing Midstream Energy Fund Announces Monthly Distribution for the Months of June, July, and August 2023, Payable on June 30, 2023, July 31, 2023, August 31, 2023, Respectively