The Fund is a non-diversified, closed-end management investment company with an investment objective of seeking a high after-tax total return from a combination of capital appreciation and current income. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in master limited partnership (MLP) investments.
Company profile
Ticker
SRV
Exchange
CEO
Jerry Swank
Employees
Incorporated
Location
Fiscal year end
Former names
CUSHING MLP & INFRASTRUCTURE TOTAL RETURN FUND, Cushing MLP Total Return Fund
SEC CIK
SRV stock data
Latest filings (excl ownership)
N-CEN
Annual report (registered investment company)
13 Feb 24
N-CSR
Certified annual shareholder report (management investment company)
8 Feb 24
8-K
Entry into a Material Definitive Agreement
22 Nov 23
424B2
Prospectus for primary offering
21 Nov 23
EFFECT
Notice of effectiveness
14 Nov 23
CORRESP
Correspondence with SEC
7 Nov 23
CORRESP
Correspondence with SEC
26 Oct 23
CORRESP
Correspondence with SEC
11 Oct 23
N-CSR/A
Certified annual shareholder report (management investment company) (amended)
5 Oct 23
CORRESP
Correspondence with SEC
26 Sep 23
Latest ownership filings
SC 13G
SIT INVESTMENT ASSOCIATES INC
14 Feb 24
SC 13G/A
MORGAN STANLEY
9 Feb 24
NPORT-P
NXG Cushing Midstream Energy Fund (Nov 2023 report)
25 Jan 24
4
John Alban
29 Dec 23
4
Jerry V Swank
28 Dec 23
4
Todd Sunderland
28 Dec 23
4
John M. Musgrave
28 Dec 23
4
Todd Sunderland
7 Dec 23
NPORT-P
NXG Cushing Midstream Energy Fund (Aug 2023 report)
26 Oct 23
3
Jeffrey A Engelsman
28 Aug 23
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
NXG Cushing Midstream Energy Fund | – | 12.58 | 13.66 | 1.43 | 126.70 mm | 37 | Aug 2023 |
Institutional ownership, Q2 2023
20.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 21 |
Opened positions | 7 |
Closed positions | 0 |
Increased positions | 6 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 9.97 bn |
Total shares | 447.06 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 119.19 k | $4.46 bn |
Saba Capital Management | 95.80 k | $3.27 mm |
First Trust Portfolios | 83.97 k | $2.56 mm |
LPL Financial | 30.23 k | $1.13 bn |
RY Royal Bank Of Canada | 26.28 k | $983.00 mm |
Advisor | 18.63 k | $699.12 mm |
Kayne Anderson Capital Advisors | 17.50 k | $654.68 mm |
SF Stifel Financial | 12.68 k | $474.43 mm |
WFC Wells Fargo & Co. | 9.92 k | $371.23 mm |
SeaCrest Wealth Management | 8.31 k | $310.77 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Dec 23 | Todd Sunderland | Common Shares | Acquire X | No | No | 33.2 | 100 | 3.32 k | 100 | |
27 Dec 23 | John M. Musgrave | Common Shares | Acquire X | No | No | 33.2 | 560 | 18.59 k | 2,242.697 | |
27 Dec 23 | Swank Jerry V | Common Shares | Acquire X | No | No | 33.2 | 2,544 | 84.46 k | 10,185 | |
27 Dec 23 | Alban John | Common Shares | Acquire X | No | No | 33.2 | 844 | 28.02 k | 1,890 | |
5 Dec 23 | Todd Sunderland | Rights to Acquire Common Shares | Buy | Acquire P | No | No | 0.37 | 300 | 111.00 | 300 |