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Cushing MLP & Infrastructure Total Return Fund (SRV) Stock

Profile

Country:

United States

IPO:

04 September 2007

Indexes:

Not included

Description:

SRV (Cushing MLP & Infrastructure Total Return Fund) focuses on investing in master limited partnerships (MLPs) and infrastructure assets, aiming to provide total returns through income and capital appreciation. The fund targets sectors like energy, utilities, and transportation, leveraging market opportunities in the MLP space.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 04, 2024
Splits

Next split:

N/A

Recent split:

Oct 23, 2024

Analyst ratings

Recent major analysts updates

No data about analysts updates

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Institutional Ownership

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NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
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prnewswire.com02 December 2024

DALLAS , Dec. 2, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.45 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 $0.45 0.00 % January 16, 2025 January 16, 2025 January 31, 2025 $0.45 100 % 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 Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights Offering
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prnewswire.com15 November 2024

DALLAS , Nov. 15, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer").  The Offer commenced on October 23, 2024, and expired on November 14, 2024 (the "Expiration Date").

SRV: Still Looking Like A Solid Midstream Investment
SRV: Still Looking Like A Solid Midstream Investment
SRV: Still Looking Like A Solid Midstream Investment
SRV
seekingalpha.com21 October 2024

The NXG Cushing Midstream Energy Fund offers a high yield without tax complications, making it suitable for tax-advantaged retirement accounts. The fund's 11.48% yield is significantly higher than its peers, but investors should monitor its sustainability and net asset value. The fund claims to have the ability to invest in debt and fixed-income securities, but it does not appear to be doing so to any great degree.

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering and Announces December Monthly Distribution
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering and Announces December Monthly Distribution
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering and Announces December Monthly Distribution
SRV
prnewswire.com10 October 2024

DALLAS , Oct. 10, 2024 /PRNewswire/ -- The board of trustees (the "Board") of NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares (the "Common Shareholders") of beneficial interest, par value $0.001 per share ("Common Shares"), as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the "Offer"). The Board, based on the recommendations and presentations of the Fund's investment adviser, Cushing ® Asset Management, LP, doing business as NXG Investment Management (the "Investment Adviser"), and others, has determined that it is in the best interests of the Fund and the Common Shareholders to conduct the Offer and thereby to increase the assets of the Fund available for investment.

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
SRV
prnewswire.com03 September 2024

DALLAS , Sept. 3, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.45 per common share for each of September, October, and November, 2024.

NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Distributions
SRV
prnewswire.com03 June 2024

DALLAS , June 3, 2024 /PRNewswire/ -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) (the "Fund") declared monthly distributions of $0.45 per common share for each of June, July, and August, 2024.  These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-DividendDate Payment Date DistributionAmount Return of CapitalEstimate 1 6/17/2024 6/17/2024 6/28/2024 $0.45 100 % 7/16/2024 7/16/2024 7/31/2024 $0.45 100 % 8/15/2024 8/15/2024 8/30/2024 $0.45 100 % 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 Cushing® Midstream Energy Fund (NYSE: SRV) Announces At-the-Market Offering Program
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces At-the-Market Offering Program
NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces At-the-Market Offering Program
SRV
prnewswire.com17 May 2024

The NXG Cushing® Midstream Energy Fund (NYSE: SRV) has announced the establishment of an "at-the-market" offering program, allowing the Fund to sell Common Shares through a distribution agreement with Foreside Fund Services, LLC. Sales of Common Shares will be made through the Distributor in transactions classified as "at-the-market offerings" under Rule 415 of the Securities Act of 1933.

SRV: Great Midstream Energy Fund With A High Yield, But Extremely Expensive
SRV: Great Midstream Energy Fund With A High Yield, But Extremely Expensive
SRV: Great Midstream Energy Fund With A High Yield, But Extremely Expensive
SRV
Seeking Alpha13 May 2024

The NXG Cushing Midstream Energy Fund provides investors looking for income with the opportunity to invest in midstream partnerships, which have outperformed the S&P 500 Index in the last three years. With a high income level of 12.35%, the fund offers a yield higher than many similar funds. Since November 2023, the fund's share price has risen by 21.55%, surpassing both the Alerian MLP Index and the large-cap stock index.

SRV: Midstream Energy Is Driving Strong, Uncorrelated Returns, Now Yielding 15%
SRV: Midstream Energy Is Driving Strong, Uncorrelated Returns, Now Yielding 15%
SRV: Midstream Energy Is Driving Strong, Uncorrelated Returns, Now Yielding 15%
SRV
Seeking Alpha24 February 2024

For investors interested in generating an income stream in retirement, an investment in midstream energy assets offers a relatively high yield with limited downside risk. My personal portfolio includes midstream energy assets, which I believe income investors should consider adding to their portfolios. The midstream energy sector has shown resilience and outperformed the broader energy sector, with strong asset utilization and positive free cash flow generation.

Equity CEFs: Owners Of SRV Take Notice
Equity CEFs: Owners Of SRV Take Notice
Equity CEFs: Owners Of SRV Take Notice
SRV
Seeking Alpha19 December 2023

In the last Equity CEF Performances update on December 8th, I said we were headed for a boom-or-bust this week with CPI, PPI and the Federal Reserve decision on tap. And BOOM it was, after a more dovish Fed and Jerome Powell surprised everyone on Wednesday and started forecasting rate cuts next year in their dot plot plans. Was this political or do they see something the markets don't see in 2024? Who knows, but for now, it is bullish until we get into next year and actually see.

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FAQ

  • What is the primary business of Cushing MLP & Infrastructure Total Return Fund?
  • What is the ticker symbol for Cushing MLP & Infrastructure Total Return Fund?
  • Does Cushing MLP & Infrastructure Total Return Fund pay dividends?
  • What sector is Cushing MLP & Infrastructure Total Return Fund in?
  • What industry is Cushing MLP & Infrastructure Total Return Fund in?
  • What country is Cushing MLP & Infrastructure Total Return Fund based in?
  • When did Cushing MLP & Infrastructure Total Return Fund go public?
  • Is Cushing MLP & Infrastructure Total Return Fund in the S&P 500?
  • Is Cushing MLP & Infrastructure Total Return Fund in the NASDAQ 100?
  • Is Cushing MLP & Infrastructure Total Return Fund in the Dow Jones?
  • When does Cushing MLP & Infrastructure Total Return Fund report earnings?

What is the primary business of Cushing MLP & Infrastructure Total Return Fund?

SRV (Cushing MLP & Infrastructure Total Return Fund) focuses on investing in master limited partnerships (MLPs) and infrastructure assets, aiming to provide total returns through income and capital appreciation. The fund targets sectors like energy, utilities, and transportation, leveraging market opportunities in the MLP space.

What is the ticker symbol for Cushing MLP & Infrastructure Total Return Fund?

The ticker symbol for Cushing MLP & Infrastructure Total Return Fund is NYSE:SRV

Does Cushing MLP & Infrastructure Total Return Fund pay dividends?

Yes, Cushing MLP & Infrastructure Total Return Fund pays dividends. The last payment was $0.45, with an ex-dividend date on 04 November 2024

What sector is Cushing MLP & Infrastructure Total Return Fund in?

Cushing MLP & Infrastructure Total Return Fund is in the Financial Services sector

What industry is Cushing MLP & Infrastructure Total Return Fund in?

Cushing MLP & Infrastructure Total Return Fund is in the Asset Management industry

What country is Cushing MLP & Infrastructure Total Return Fund based in?

Cushing MLP & Infrastructure Total Return Fund is headquartered in United States

When did Cushing MLP & Infrastructure Total Return Fund go public?

Cushing MLP & Infrastructure Total Return Fund's initial public offering (IPO) was on 04 September 2007

Is Cushing MLP & Infrastructure Total Return Fund in the S&P 500?

No, Cushing MLP & Infrastructure Total Return Fund is not included in the S&P 500 index

Is Cushing MLP & Infrastructure Total Return Fund in the NASDAQ 100?

No, Cushing MLP & Infrastructure Total Return Fund is not included in the NASDAQ 100 index

Is Cushing MLP & Infrastructure Total Return Fund in the Dow Jones?

No, Cushing MLP & Infrastructure Total Return Fund is not included in the Dow Jones index

When does Cushing MLP & Infrastructure Total Return Fund report earnings?

The date for Cushing MLP & Infrastructure Total Return Fund's next earnings report has not been announced yet