Nexity Global S.A. (NXG)
WSE 
Summary
NXG Chart
Rinse And Repeat While Another NXG Rights Offering Nears Expiration
I can't think of any CEF fund family that has seen better performances over the past year than NXG Investment Management, formerly known as Cushing Asset Management. The two funds, SRV and NXG, have been in the right place at the right time by investing in companies that are taking advantage of the Trump administration's push for more US energy sources and production. Throw in artificial intelligence, which will have its energy needs in the years ahead, and the energy infrastructure space looks to be a safe investment.
NXG Rights Offering Quick Notes
NXG NextGen Infrastructure Income Fund launches a 1-for-3 transferable rights offering expiring April 30, 2026. The subscription price is set at the higher of 95% of the market average or 92% of NAV, capping the discount at 8%. A sales load applies to all shareholders, increasing NAV/share dilution regardless of participation.
NXG: Diversified Infrastructure Strategy Leaning Into Energy
NXG NextGen Infrastructure Income Fund offers diversified equity and debt exposure to infrastructure sectors, with a focus on energy and industrials. NXG employs 31% leverage and a covered call strategy, delivering a 12.44% forward yield, with significant return of capital providing tax-deferral benefits. Top holdings include Talen Energy, GE Vernova, and Energy Transfer, targeting growth from energy demand and infrastructure trends.
Nexity Global S.A. (NXG) FAQ
What is the stock price today?
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 Nexity Global S.A. ever had a stock split?
Nexity Global S.A. Profile
| Capital Markets Industry | Financials Sector | Jerry Vane Swank CEO | WSE Exchange | PLWDMCP00013 ISIN |
| US Country | - Employees | 17 Aug 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.
