NXG Cushing Midstream Energy Fund (LH3)

Profile

https://www.swankfunds.com/our-fund.asp

The NXG Cushing Midstream Energy Fund is a non-diversified, closed-end management investment company focused on midstream energy investments. Its primary purpose is to deliver a high after-tax total return through a combination of capital appreciation and current income. The fund invests predominantly in midstream energy companies, which manage critical infrastructure for transporting natural resources like natural gas, crude oil, and refined petroleum products. This includes services such as gathering, processing, and storage, providing essential connectivity between energy sources and end-users. The fund's investment strategy offers diversified exposure to the midstream energy sector, aiming to capitalize on growth and income opportunities while providing a simplified tax reporting structure. It plays a significant role in the energy infrastructure sector, supporting the nation's economy by facilitating the flow of vital energy resources.