NexGen Energy Ltd. CHESS Depository Interests (NXG)
CXA 
Summary
NXG: 13% Yield On Infrastructure Assets
The NXG NextGen Infrastructure Income Fund has outperformed the Morningstar US CEF Sector Equity category over the past 6-month, 1-, 3-, and 5-year periods on an NAV basis. Management continues to increase NXG's NAV/share - it has risen from $23.83 at inception, to over $51.00, as of 10/15/25. It pays a monthly distribution of $.54, currently yielding over 13%.
NXG Rights Offering Closing Soon
NXG's offering is closing soon. The discount remains narrower than -10%, so it makes sense to subscribe. Strong NAV performance likely contributed to steady discount valuation.
NXG: Collecting Income From Modern Infrastructure
NXG offers a high 13.8% yield and focuses on modern infrastructure, but current entry is not ideal due to a rights offering and premium valuation. The fund's strategy emphasizes income over growth, using aggressive leverage that poses risks in today's high interest rate environment. Dividend coverage is inconsistent, with most payouts funded by return of capital; a lower payout could enhance stability and sustainability.
NexGen Energy Ltd. CHESS Depository Interests (NXG) FAQ
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has NexGen Energy Ltd. CHESS Depository Interests ever had a stock split?
NexGen Energy Ltd. CHESS Depository Interests Profile
| Capital Markets Industry | Financials Sector | Jerry Vane Swank CEO | CXA Exchange | US2316472073 ISIN |
| US Country | - Employees | 16 Jan 2026 Last Dividend | 15 Jun 2020 Last Split | 1 Nov 2022 IPO Date |
Overview
NXG NextGen Infrastructure Income Fund is a specialized investment vehicle structured as a closed-ended equity mutual fund. Initiated and actively managed by Cushing MLP Asset Management, LP, this fund primarily focuses on investments within the comprehensive energy sector. Established in 2012 and based in the United States, NXG invests across a broad spectrum of the energy supply chain, targeting a diversified portfolio that includes companies involved in upstream, midstream, and downstream operations, as well as those in related oil and gas services and logistics. The fund aims to provide investors with exposure to the robust infrastructure required to support the energy industry, ensuring a strategic blend of income-generating assets.
Products and Services
- Upstream Energy Company Investments: These investments target companies involved in the exploration and production (E&P) of oil and natural gas. By investing in upstream companies, NXG offers exposure to the initial phase of the energy supply chain, which can yield significant returns when commodity prices are favorable.
- Midstream Energy Company Investments: NXG invests in companies that are crucial for the transportation, storage, and wholesale marketing of oil, natural gas, and refined products. This includes pipeline operators, storage facilities, and other logistical services necessary for the seamless transfer of energy products from source to market.
- Downstream Energy Company Investments: The fund also allocates resources to companies involved in the refining, marketing, and distribution of oil and gas products. These investments provide exposure to the end line of the energy sector, focusing on the products made from raw materials and their delivery to end consumers.
- Oil and Gas Services and Logistics Investments: Recognizing the importance of support services in the energy industry, NXG invests in companies offering engineering, procurement, construction, maintenance, and logistics services. These investments are critical for the operational efficiency and success of energy projects.
- Energy-Intensive Chemical, Metal, and Industrial and Manufacturing Investments: The fund extends its investment strategy to companies in sectors that require substantial energy inputs, such as chemicals, metals, and heavy manufacturing. This approach leverages the correlation between the energy sector and industries dependent on energy as a significant input to their production processes.
- Engineering and Construction Company Investments: NXG also focuses on companies engaged in the design and construction of energy infrastructure. This includes firms specialized in the construction of oil rigs, pipelines, refineries, and other critical energy assets, underpinning the physical infrastructure that supports the entire energy supply chain.
Contact Information
