NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions
DALLAS , June 2, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of June, July, and August 2025. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date Distribution Amount Return of Capital Estimate 1 6/16/2025 6/16/2025 6/30/2025 $0.54 100 % 7/2/2025 7/2/2025 7/31/2025 $0.54 100 % 8/15/2025 8/15/2025 8/29/2025 $0.54 100 % 1 The return of capital estimate is based on the Fund's current anticipated earnings and profits for the fiscal year and does not include a projection of gains and losses on the sale of securities which may occur during the remainder of the year.
NXG: Nearly 14% Yield, Stable Performance, Is It A Buy?
NXG NextGen Infrastructure Income Fund offers high monthly income and diversified infrastructure exposure, benefiting from AI-driven energy demand. NXG currently pays a generous distribution yield of just below 14% and trades at a small premium. The fund has performed very well on a five-year basis; however, the long-term performance over 10 years has been subpar, partly due to the oil price crash in 2014.
NXG: 16% Yield On Infrastructure, Tax Deferral Benefit
NextGen Infrastructure Income Fund has delivered a 6% total return over the past six months-plus, outperforming the S&P 500's -4.40%. Management has done a good job of increasing NXG's NAV/share - it has risen from $23.83 at inception, to $36.92, as of 4/8/25. The fund's current 3.28% premium to NAV is significantly higher than its historical discounts, prompting a Hold rating due to valuation concerns.
NXG: For The Next Generation Of Income Investors
Significant investment in power grids is needed by 2030 to meet growing electrification and renewable energy demands, benefiting companies like Vistra, Constellation Energy, and Energy Transfer. NXG NextGen Infrastructure Income Fund offers high yield (13.6%) and capital appreciation potential, focusing on sustainable infrastructure and uncorrelated growth opportunities. NXG's top holdings include ET, VST, and CEG, contributing to its strong performance and high total returns since September 2023.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions
DALLAS , Feb. 3, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of February, March, April, and May 2025. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date DistributionAmount Return of CapitalEstimate 1 2/18/2025 2/18/2025 2/28/2025 $0.54 100 % 3/17/2025 3/17/2025 3/31/2025 $0.54 100 % 4/15/2025 4/15/2025 4/30/2025 $0.54 100 % 5/15/2025 5/15/2025 5/30/2025 $0.54 100 % 1The return of capital estimate is based on the Fund's current anticipated earnings and profits for the fiscal year and does not include a projection of gains and losses on the sale of securities which may occur during the remainder of the year.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces At-the-Market Offering Program
DALLAS , Jan. 28, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") announced today that it has established an "at-the-market" offering program (the "Offer"), pursuant to which the Fund may offer and sell common shares of beneficial interest, par value $0.001 per share ("Common Shares") through a distribution agreement with Foreside Fund Services, LLC (the "Distributor"). The sales, if any, of Common Shares made under the program will be made through the Distributor in transactions that are deemed to be "at-the-market offerings" as defined in Rule 415 under the Securities Act of 1933, as amended.
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 infrastructure stocks, aiming for income through dividends and long-term growth. Historical performance shows inconsistent cash flows, with recent dividends supported by leverage and capital gains rather than organic income.
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. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date Distribution Amount Return of Capital Estimate 1 December 16, 2024 December 16, 2024 December 31, 2024 $0.54 0.00 % January 16, 2025 January 16, 2025 January 31, 2025 $0.54 100 % 1The return of capital estimate is based on the Fund's current anticipated earnings and profits for the fiscal year and does not include a projection of gains and losses on the sale of securities which may occur during the remainder of the year.
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, with recent outperformance but historical underperformance on an NAV basis over longer periods. Management doubled the dividend from $.27 to $.54 in September 2023.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions
DALLAS , Sept. 3, 2024 /PRNewswire/ -- NXG NextGen Infrastructure Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of September, October, and November 2024.
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 performance has been impressive, outperforming the S&P 500 Index and delivering a total return of 43.04% over ten months. The fund's portfolio consists of a combination of renewable energy and natural gas midstream, which gives it exposure to companies that are likely to benefit from the "green" transition.
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 Offer commenced on June 20, 2024, and expired on July 17, 2024 (the "Expiration Date").
