NXG Cushing Midstream Energy Fund logo

NXG Cushing Midstream Energy Fund (SRV)

Market Closed
17 Jul, 20:00
NYSE NYSE
$
47. 64
-0.72
-1.4888%
$
- Market Cap
- Div Yield
258,300 Volume
$ 48.36
Previous Close
Add Transaction
Day Range
47.5 48.75
Year Range
38.11 51.54
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SRV: Earn An Attractive Double-Digit Yield From This Midstream Fund Today

SRV: Earn An Attractive Double-Digit Yield From This Midstream Fund Today

The NXG Cushing Midstream Energy Fund (SRV) offers an 11.43% yield, primarily investing in midstream energy common equities for high current income. SRV has consistently covered its distribution over the past three years, with net asset value up 37.52% despite high payouts. The fund is diversified across U.S. and Canadian midstream companies, limiting concentration risk and providing some foreign currency exposure.

Seekingalpha | 1 month ago
SRV: The 12% Yield Can Be Supported By Earnings

SRV: The 12% Yield Can Be Supported By Earnings

The NXG Cushing Midstream Energy Fund offers diversified midstream energy exposure and a 12% yield without K-1 tax complications. SRV's forward prospects are supported by rising AI data center energy demand and new export projects, positioning the fund for continued total return. Leverage at 20.7% of assets amplifies both upside and downside, especially in volatile commodity cycles and higher interest rate environments.

Seekingalpha | 4 months ago