NXG NextGen Infrastructure Income Fund Key Executives
This section highlights NXG NextGen Infrastructure Income Fund's key executives, including their titles and compensation details.
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NXG NextGen Infrastructure Income Fund Earnings
This section highlights NXG NextGen Infrastructure Income Fund's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
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Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies. NXG NextGen Infrastructure Income Fund was formed in 2012 and is domiciled in the United States.
$48.23
Stock Price
$175.65M
Market Cap
-
Employees
Dallas, TX
Location
Financial Statements
Access annual & quarterly financial statements for NXG NextGen Infrastructure Income Fund, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Revenue | $62.60M | $-28.13M | $10.87M | $26.11M | $-19.91M |
| Cost of Revenue | $- | $2.96M | $2.37M | $2.36M | $1.88M |
| Gross Profit | $62.60M | $-31.09M | $8.50M | $23.75M | $-21.79M |
| Gross Profit Ratio | 100.00% | 110.50% | 78.20% | 91.00% | 109.46% |
| Research and Development Expenses | $- | $- | $1 | $1 | $0 |
| General and Administrative Expenses | $1.21M | $773.55K | $758.88K | $716.36K | $701.04K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.21M | $773.55K | $758.88K | $716.36K | $701.04K |
| Other Expenses | $61.38M | $- | $-1.47M | $-10.19M | $30.51M |
| Operating Expenses | $62.60M | $-28.13M | $312.32K | $262.25K | $520.27K |
| Cost and Expenses | $62.60M | $-3.05M | $312.32K | $262.25K | $520.27K |
| Interest Income | $267.21K | $878.18K | $1.05M | $1.06M | $1.88M |
| Interest Expense | $3.00M | $2.59M | $1.29M | $538.07K | $169.83K |
| Depreciation and Amortization | $- | $2.59M | $228.49K | $236.56K | $206.30K |
| EBITDA | $- | $-25.92M | $10.55M | $25.85M | $-20.43M |
| EBITDA Ratio | 0.00% | 92.14% | 97.13% | 99.00% | 102.61% |
| Operating Income | $-129.60M | $-28.51M | $10.55M | $25.85M | $-20.43M |
| Operating Income Ratio | -207.03% | 101.36% | 97.13% | 99.00% | 102.61% |
| Total Other Income Expenses Net | $191.39M | $- | $2.37M | $2.36M | $-169.83K |
| Income Before Tax | $61.80M | $-28.51M | $10.55M | $25.85M | $-20.43M |
| Income Before Tax Ratio | 98.72% | 101.36% | 97.13% | 99.00% | 102.61% |
| Income Tax Expense | $- | $- | $-1.51M | $-774.63K | $-376.13K |
| Net Income | $61.80M | $-28.51M | $10.55M | $25.85M | $-20.43M |
| Net Income Ratio | 98.72% | 101.36% | 97.13% | 99.00% | 102.61% |
| EPS | $0.00 | $-10.72 | $4.06 | $9.93 | $-7.85 |
| EPS Diluted | $0.00 | $-10.72 | $4.06 | $9.93 | $-7.85 |
| Weighted Average Shares Outstanding | - | 2.66M | 2.60M | 2.60M | 2.60M |
| Weighted Average Shares Outstanding Diluted | - | 2.66M | 2.60M | 2.60M | 2.60M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | May 31, 2024 | November 30, 2023 | May 31, 2023 | November 30, 2022 | May 31, 2022 | November 30, 2021 | May 31, 2021 | November 30, 2020 | May 31, 2020 | November 30, 2019 | May 31, 2019 | May 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96M | $-34.20M | $5.24M | $8.25M | $7.42M | $20.21M | $18.72M | $5.78M | $-54.66M | $6.41M | $- | $- |
| Cost of Revenue | $956.71K | $1.02M | $1.10M | $1.23M | $1.14M | $1.23M | $1.11M | $938.53K | $944.14K | $1.19M | $- | $- |
| Gross Profit | $2.00M | $-35.22M | $4.13M | $7.03M | $6.28M | $18.99M | $17.61M | $4.84M | $-55.60M | $5.22M | $- | $- |
| Gross Profit Ratio | 67.67% | 103.00% | 78.90% | 85.20% | 84.60% | 93.90% | 94.10% | 83.76% | 101.73% | 81.43% | 0.00% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $19.57M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Expenses | $- | $0 | $-3 | $0 | $1 | $-0 | $2 | $3 | $1 | $-0 | $- | $- |
| Operating Expenses | $19.57M | $-24.55M | $19.38M | $2.55M | $-1.08M | $-0 | $2 | $3 | $1 | $-0 | $- | $- |
| Cost and Expenses | $-18.61M | $-23.53M | $20.49M | $3.78M | $7.36M | $-1.96M | $28.35M | $19.32M | $-39.54M | $-1.39M | $- | $- |
| Interest Income | $- | $- | $- | $- | $- | $- | $28.35M | $19.32M | $- | $- | $- | $- |
| Interest Expense | $- | $1.26M | $1.33M | $940.14K | $345.01K | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $8 | $-11.93M | $-16.58M | $3.54M | $7.02M | $-2.25M | $28.09M | $19.18M | $-39.60M | $-1.56M | $40.96K | $- |
| EBITDA | $21.57M | $-10.67M | $-15.25M | $4.48M | $7.36M | $-1.96M | $28.35M | $19.32M | $-36.94M | $-1.39M | $- | $- |
| EBITDA Ratio | 728.99% | 31.20% | -291.09% | 54.26% | 99.16% | 2.03% | 164.28% | 377.79% | 67.59% | 17.08% | 0.00% | 0.00% |
| Operating Income | $21.57M | $-10.67M | $-15.25M | $4.48M | $7.02M | $-2.25M | $28.09M | $19.18M | $-39.60M | $-1.56M | $- | $- |
| Operating Income Ratio | 728.99% | 31.20% | -291.09% | 54.26% | 94.51% | -11.12% | 150.07% | 331.78% | 72.45% | -24.38% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $-1.34M | $-1.26M | $-1.33M | $-940.14K | $-345.01K | $-285.19K | $-252.88K | $-141.62K | $- | $-172.03K | $- | $- |
| Income Before Tax | $20.23M | $-11.93M | $-16.58M | $3.54M | $3 | $-1 | $11 | $7 | $-15 | $-1 | $- | $- |
| Income Before Tax Ratio | 683.74% | 34.89% | -316.50% | 42.87% | 0.00% | -0.00% | 0.00% | 0.00% | 0.00% | -0.00% | 0.00% | 0.00% |
| Income Tax Expense | $20.23M | $-5 | $-6 | $1 | $3 | $-1 | $11 | $7 | $-15 | $-1 | $- | $- |
| Net Income | $20.23M | $-11.93M | $-16.58M | $3.54M | $2.66M | $2.66M | $2.66M | $2.66M | $2.66M | $2.66M | $- | $- |
| Net Income Ratio | 683.74% | 34.89% | -316.50% | 42.87% | 35.83% | 13.16% | 14.21% | 46.01% | -4.87% | 41.46% | 0.00% | 0.00% |
| EPS | $7.61 | $-4.59 | $-6.23 | $1.33 | $1.02 | $2659261.00 | $2659261.00 | $2659261.00 | $2659262.00 | $2659262.00 | $0.00 | $0.00 |
| EPS Diluted | $7.61 | $-4.59 | $-6.23 | $1.33 | $1.02 | $-285190.00 | $-252873.00 | $-141620.00 | $-62827.00 | $-172033.00 | $0.00 | $0.00 |
| Weighted Average Shares Outstanding | 2.66M | 2.60M | 2.66M | 2.66M | 2.60M | - | - | - | - | - | - | - |
| Weighted Average Shares Outstanding Diluted | 2.66M | 2.60M | 2.66M | 2.66M | 2.60M | - | - | - | - | - | - | - |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $- | $- | $403.14K | $- | $- |
| Short Term Investments | $- | $- | $10.54M | $801.59K | $4.86M |
| Cash and Short Term Investments | $- | $9.82M | $10.95M | $801.59K | $4.86M |
| Net Receivables | $12.46M | $317.02K | $385.06K | $11.15M | $520.17K |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $-12.46M | $-10.14M | $-11.33M | $-11.95M | $-5.38M |
| Total Current Assets | $- | $317.02K | $385.06K | $11.15M | $520.17K |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $220.51M | $145.88M | $193.41M | $188.70M | $137.36M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-220.51M | $- | $-193.41M | $-188.70M | $-137.36M |
| Total Non-Current Assets | $- | $145.88M | $193.41M | $188.70M | $137.36M |
| Other Assets | $233.16M | $82.96K | $401.02K | $2.76M | $56.46K |
| Total Assets | $233.16M | $146.28M | $194.19M | $202.60M | $137.94M |
| Account Payables | $30.34K | $5.59M | $14.16K | $6.86M | $17.88K |
| Short Term Debt | $- | $36.81M | $41.41M | $56.41M | $18.31M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $-31.22M | $-41.40M | $-49.55M | $-18.29M |
| Other Current Liabilities | $-30.34K | $-11.18M | $-14.16K | $-6.86M | $-17.88K |
| Total Current Liabilities | $- | $- | $14.16K | $6.86M | $17.88K |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $41.41M | $56.41M | $18.31M |
| Other Liabilities | $55.20M | $42.59M | $10.34M | $799.78K | $262.26K |
| Total Liabilities | $55.20M | $42.59M | $51.76M | $64.07M | $18.59M |
| Preferred Stock | $- | $- | $5.58M | $13.78M | $37.36M |
| Common Stock | $3.47K | $2.60K | $2.60K | $2.60K | $2.60K |
| Retained Earnings | $19.65M | $-40.73M | $-5.58M | $-13.78M | $-37.36M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $-5.58M | $-13.78M | $-37.36M |
| Other Total Stockholders Equity | $158.31M | $144.40M | $148.01M | $152.32M | $119.35M |
| Total Stockholders Equity | $177.96M | $103.68M | $142.43M | $138.54M | $119.35M |
| Total Equity | $177.96M | $103.68M | $142.43M | $138.54M | $119.35M |
| Total Liabilities and Stockholders Equity | $233.16M | $146.28M | $194.19M | $202.60M | $137.94M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $233.16M | $146.28M | $194.19M | $202.60M | $137.94M |
| Total Investments | $220.51M | $145.88M | $193.41M | $188.70M | $137.36M |
| Total Debt | $- | $36.81M | $41.41M | $56.41M | $18.31M |
| Net Debt | $- | $36.81M | $41.01M | $56.41M | $18.31M |
Balance Sheet Charts
| Breakdown | November 30, 2024 | May 31, 2024 | November 30, 2023 | May 31, 2023 | November 30, 2022 | May 31, 2022 | November 30, 2021 | May 31, 2021 | November 30, 2020 | May 31, 2020 | November 30, 2019 | May 31, 2019 | November 30, 2018 | May 31, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $- | $- | $- | $367.39K | $403.14K | $- | $- | $4.58M | $- | $- | $-44.23K | $25.26K | $- | $- |
| Short Term Investments | $- | $1.55M | $9.82M | $1.29M | $10.54M | $599.51K | $801.59K | $179.46K | $4.86M | $359.01K | $44.23K | $- | $- | $- |
| Cash and Short Term Investments | $- | $1.55M | $9.82M | $367.39K | $10.95M | $599.51K | $801.59K | $4.58M | $4.86M | $359.01K | $44.23K | $25.26K | $- | $- |
| Net Receivables | $12.46M | $9.91M | $317.02K | $541.56K | $385.06K | $2.32M | $11.15M | $12.83M | $520.17K | $723.45K | $1.27M | $1.81M | $1.57M | $4.50M |
| Inventory | $- | $- | $- | $2.19M | $- | $- | $- | $17.59M | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $-12.46M | $-11.46M | $-10.14M | $-3.48M | $-11.33M | $-2.92M | $-11.95M | $-17.77M | $-5.38M | $-1.08M | $-1.32M | $115.40K | $87.14K | $92.03K |
| Total Current Assets | $- | $11.60M | $317.02K | $908.95K | $385.06K | $2.32M | $11.15M | $17.41M | $520.17K | $723.45K | $1.27M | $1.83M | $1.57M | $4.50M |
| Property Plant Equipment Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $220.51M | $151.48M | $145.88M | $155.68M | $193.41M | $189.58M | $188.70M | $180.31M | $137.36M | $120.87M | $150.55M | $145.78M | $177.66M | $193.38M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $-220.51M | $-151.48M | $-145.88M | $-155.68M | $-193.41M | $-189.58M | $-188.70M | $-180.31M | $-137.36M | $-120.87M | $-150.55M | $-145.78M | $-177.66M | $-193.38M |
| Total Non-Current Assets | $- | $151.48M | $145.88M | $155.68M | $193.41M | $189.58M | $188.70M | $180.31M | $137.36M | $120.87M | $150.55M | $145.78M | $177.66M | $193.38M |
| Other Assets | $233.16M | $163.08M | $82.96K | $95.65K | $401.02K | $454.42K | $2.76M | $43.40K | $56.46K | $114.28K | $130.09K | $118.81K | $103.64K | $125.45K |
| Total Assets | $233.16M | $163.08M | $146.28M | $156.68M | $194.19M | $192.35M | $202.60M | $197.77M | $137.94M | $121.71M | $151.96M | $147.73M | $179.34M | $198.00M |
| Account Payables | $30.34K | $1.46M | $5.59M | $567.84K | $14.16K | $510.02K | $6.86M | $3.02M | $17.88K | $2.10M | $16.00K | $1.70M | $13.82K | $2.31M |
| Short Term Debt | $- | $45.81M | $36.81M | $- | $41.41M | $49.21M | $56.41M | $- | $18.31M | $15.70M | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-31.22M | $-33.34M | $-41.40M | $-48.70M | $-49.55M | $-46.39M | $-18.29M | $-13.60M | $- | $- | $- | $- |
| Other Current Liabilities | $-30.34K | $-47.27M | $-5.59M | $-567.84K | $-14.16K | $-510.02K | $-6.86M | $-3.02M | $-17.88K | $-2.10M | $-16.00K | $- | $- | $- |
| Total Current Liabilities | $- | $1.59M | $5.59M | $567.84K | $14.16K | $510.02K | $6.86M | $3.02M | $17.88K | $2.10M | $16.00K | $1.70M | $13.82K | $2.31M |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $42.16M | $40.96M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $1.78M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-42.16M | $-40.96M |
| Total Non-Current Liabilities | $- | $1.78M | $36.81M | $33.91M | $41.41M | $49.21M | $56.41M | $49.41M | $18.31M | $15.70M | $318.60K | $17.31M | $42.16M | $40.96M |
| Other Liabilities | $55.20M | $44.22M | $192.62K | $265.07K | $10.34M | $406.31K | $799.78K | $1.23M | $262.26K | $402.65K | $-318.60K | $301.64K | $328.07K | $366.88K |
| Total Liabilities | $55.20M | $47.59M | $42.59M | $34.74M | $51.76M | $50.13M | $64.07M | $53.65M | $18.59M | $18.21M | $16.00K | $19.31M | $42.50M | $43.64M |
| Preferred Stock | $- | $- | $40.73M | $22.16M | $5.58M | $7.71M | $13.78M | $- | $37.36M | $- | $15.63M | $- | $- | $- |
| Common Stock | $3.47K | $2.60K | $2.60K | $2.60K | $2.60K | $2.60K | $2.60K | $2.60K | $2.60K | $10.41K | $10.41K | $7.80K | $7.80K | $7.80K |
| Retained Earnings | $19.65M | $- | $-40.73M | $-22.16M | $-5.58M | $-7.71M | $-13.78M | $- | $-37.36M | $-55.94M | $-15.63M | $- | $-3.72M | $-1.03M |
| Accumulated Other Comprehensive Income Loss | $- | $-20.49M | $-40.73M | $-22.16M | $-5.58M | $-7.71M | $-13.78M | $-9.27M | $-37.36M | $- | $-15.63M | $- | $- | $- |
| Other Total Stockholders Equity | $158.31M | $135.97M | $103.68M | $144.09M | $148.01M | $149.94M | $152.32M | $144.11M | $119.35M | $103.49M | $151.63M | $128.41M | $140.56M | $155.39M |
| Total Stockholders Equity | $177.96M | $115.48M | $103.68M | $121.94M | $142.43M | $142.22M | $138.54M | $144.11M | $119.35M | $103.50M | $151.64M | $128.42M | $136.84M | $154.37M |
| Total Equity | $177.96M | $115.48M | $103.68M | $121.94M | $142.43M | $142.22M | $138.54M | $144.11M | $119.35M | $103.50M | $151.64M | $128.42M | $136.84M | $154.37M |
| Total Liabilities and Stockholders Equity | $233.16M | $163.08M | $146.28M | $156.68M | $194.19M | $192.35M | $202.60M | $197.77M | $137.94M | $121.71M | $151.96M | $147.73M | $179.34M | $198.00M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $233.16M | $163.08M | $146.28M | $156.68M | $194.19M | $192.35M | $202.60M | $197.77M | $137.94M | $121.71M | $151.96M | $147.73M | $179.34M | $198.00M |
| Total Investments | $220.51M | $153.03M | $145.88M | $155.68M | $193.41M | $189.58M | $188.70M | $180.31M | $137.36M | $120.87M | $150.55M | $145.78M | $177.66M | $193.38M |
| Total Debt | $- | $45.81M | $36.81M | $33.91M | $41.41M | $49.21M | $56.41M | $49.41M | $18.31M | $15.70M | $- | $17.31M | $42.16M | $40.96M |
| Net Debt | $- | $47.36M | $36.81M | $33.54M | $41.01M | $49.21M | $56.41M | $44.83M | $18.31M | $15.70M | $44.23K | $17.28M | $42.16M | $40.96M |
Annual Cash Flow
| Breakdown | November 30, 2024 | November 30, 2023 | November 30, 2022 | November 30, 2021 | November 30, 2020 |
|---|---|---|---|---|---|
| Net Income | $61.80M | $-28.51M | $10.55M | $25.85M | $-20.43M |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $-17.66M | $-4.19M | $15.85M | $-5.97M | $789.50K |
| Accounts Receivables | $-12.14M | $68.05K | $10.76M | $-10.63M | $754.49K |
| Inventory | $- | $- | $-2.50M | $2.50M | $-10 |
| Accounts Payables | $- | $- | $9.99M | $60.50K | $-56.59K |
| Other Working Capital | $-5.53M | $-4.26M | $-2.40M | $2.10M | $91.61K |
| Other Non Cash Items | $-74.63M | $47.13M | $-4.35M | $-51.32M | $13.19M |
| Net Cash Provided by Operating Activities | $-30.50M | $14.42M | $22.06M | $-31.44M | $-6.45M |
| Investments in Property Plant and Equipment | $- | $-3 | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-398.74M | $-226.40M | $-325.14M | $-109.71M |
| Sales Maturities of Investments | $- | $407.07M | $220.09M | $227.40M | $93.17M |
| Other Investing Activities | $- | $2 | $- | $- | $1 |
| Net Cash Used for Investing Activities | $- | $8.34M | $-6.31M | $-97.74M | $-16.54M |
| Debt Repayment | $18.00M | $-4.60M | $-15.00M | $38.10M | $18.31M |
| Common Stock Issued | $31.22M | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-18.72M | $-10.23M | $-6.66M | $-6.66M | $-11.86M |
| Other Financing Activities | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $30.50M | $-14.83M | $-21.66M | $31.44M | $6.45M |
| Effect of Forex Changes on Cash | $- | $- | $6.31M | $- | $- |
| Net Change in Cash | $- | $-403.14K | $403.14K | $-97.74M | $-16.54M |
| Cash at End of Period | $- | $- | $403.14K | $-97.74M | $-16.54M |
| Cash at Beginning of Period | $- | $403.14K | $- | $- | $- |
| Operating Cash Flow | $-30.50M | $14.42M | $22.06M | $-31.44M | $-6.45M |
| Capital Expenditure | $- | $-3 | $- | $- | $- |
| Free Cash Flow | $-30.50M | $14.42M | $22.06M | $-31.44M | $-6.45M |
Cash Flow Charts
| Breakdown | May 31, 2024 | November 30, 2023 | May 31, 2023 | November 30, 2022 | May 31, 2022 | November 30, 2021 | May 31, 2021 | November 30, 2020 | May 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $20.23M | $-11.93M | $-16.58M | $3.54M | $7.02M | $-2.25M | $28.09M | $19.18M | $-39.60M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $7.21M | $8.72M | $868.14K | $11.55M | $6.81M | $770.49K | $-9.24M | $-1.83M | $2.62M |
| Accounts Receivables | $-9.65M | $604.63K | $-218.52K | $1.93M | $8.83M | $1.68M | $-12.31M | $203.28K | $551.21K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $-4.24M | $4.88M | $533.27K | $10.00M | $-15.78K | $-3.00M | $3.06M | $-2.04M | $1.99M |
| Other Working Capital | $21.10M | $3.24M | $553.39K | $-386.30K | $-2.01M | $2.09M | $11.32K | $9.21K | $82.40K |
| Other Non Cash Items | $-18.34M | $8.11M | $20.38M | $-16.88M | $-1.90M | $54.13M | $2.85M | $-12.63M | $46.48M |
| Net Cash Provided by Operating Activities | $9.09M | $10.39M | $4.98M | $10.13M | $20.74M | $51.34M | $12.46M | $2.88M | $12.03M |
| Investments in Property Plant and Equipment | $4 | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $-104.01M | $-238.29M | $-160.45M | $-123.59M | $-102.81M | $-237.55M | $-87.59M | $-10.33M | $-99.37M |
| Sales Maturities of Investments | $86.07M | $239.48M | $167.59M | $124.99M | $95.10M | $180.14M | $47.26M | $12.68M | $80.49M |
| Other Investing Activities | $-4 | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $-17.94M | $1.19M | $7.14M | $1.40M | $-7.71M | $-57.41M | $-40.33M | $2.34M | $-18.88M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-8.43M | $-6.31M | $-3.92M | $-3.33M | $-3.33M | $-3.33M | $-3.33M | $-3.33M | $-8.54M |
| Other Financing Activities | $9.00M | $2.90M | $-17.50M | $-7.80M | $-7.20M | $7.00M | $31.10M | $2.61M | $15.70M |
| Net Cash Used Provided by Financing Activities | $567.57K | $-3.41M | $-21.42M | $-11.13M | $-10.53M | $3.67M | $27.77M | $-718.11K | $7.16M |
| Effect of Forex Changes on Cash | $- | $- | $9.26M | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-8.28M | $8.17M | $-35.74K | $403.14K | $2.50M | $-2.40M | $-98.53K | $4.50M | $314.61K |
| Cash at End of Period | $-8.28M | $8.54M | $367.39K | $403.14K | $2.50M | $2.18M | $4.58M | $4.50M | $314.61K |
| Cash at Beginning of Period | $- | $367.39K | $403.14K | $- | $- | $4.58M | $4.68M | $- | $- |
| Operating Cash Flow | $9.09M | $10.39M | $4.98M | $10.13M | $20.74M | $51.34M | $12.46M | $2.88M | $12.03M |
| Capital Expenditure | $4 | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $9.09M | $10.39M | $4.98M | $10.13M | $20.74M | $51.34M | $12.46M | $2.88M | $12.03M |
NXG NextGen Infrastructure Income Fund Dividends
Explore NXG NextGen Infrastructure Income Fund's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
-
Dividend Payout Ratio
30.29%
Dividend Paid & Capex Coverage Ratio
-1.63x
NXG NextGen Infrastructure Income Fund Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.54 | $0.54 | May 15, 2025 | May 15, 2025 | May 30, 2025 | February 03, 2025 |
| $0.54 | $0.54 | April 15, 2025 | April 15, 2025 | April 30, 2025 | February 03, 2025 |
| $0.54 | $0.54 | March 17, 2025 | March 17, 2025 | March 31, 2025 | February 03, 2025 |
| $0.54 | $0.54 | February 18, 2025 | February 18, 2025 | February 28, 2025 | February 03, 2025 |
| $0.54 | $0.54 | January 16, 2025 | January 16, 2025 | January 31, 2025 | December 02, 2024 |
| $0.54 | $0.54 | December 16, 2024 | December 16, 2024 | December 31, 2024 | December 02, 2024 |
| $0.54 | $0.54 | November 15, 2024 | November 15, 2024 | November 29, 2024 | September 03, 2024 |
| $0.54 | $0.54 | October 15, 2024 | October 15, 2024 | October 31, 2024 | September 03, 2024 |
| $0.54 | $0.54 | September 17, 2024 | September 17, 2024 | September 30, 2024 | September 03, 2024 |
| $0.54 | $0.54 | August 15, 2024 | August 15, 2024 | August 30, 2024 | June 03, 2024 |
| $0.54 | $0.54 | July 08, 2024 | July 08, 2024 | July 31, 2024 | June 03, 2024 |
| $0.5519 | $0.54 | June 17, 2024 | June 17, 2024 | June 28, 2024 | June 03, 2024 |
| $0.5519 | $0.54 | May 14, 2024 | May 15, 2024 | May 31, 2024 | |
| $0.54 | $0.54 | April 12, 2024 | April 15, 2024 | April 30, 2024 | February 01, 2024 |
| $0.54 | $0.54 | March 14, 2024 | March 15, 2024 | March 28, 2024 | February 01, 2024 |
| $0.54 | $0.54 | February 14, 2024 | February 15, 2024 | February 29, 2024 | February 01, 2024 |
| $0.54 | $0.54 | January 16, 2024 | January 17, 2024 | January 31, 2024 | December 04, 2023 |
| $0.54 | $0.54 | December 14, 2023 | December 15, 2023 | December 29, 2023 | December 04, 2023 |
| $0.54 | $0.54 | November 14, 2023 | November 15, 2023 | November 30, 2023 | September 01, 2023 |
| $0.54 | $0.54 | October 13, 2023 | October 16, 2023 | October 31, 2023 | September 01, 2023 |
NXG NextGen Infrastructure Income Fund News
Read the latest news about NXG NextGen Infrastructure Income Fund, including recent articles, headlines, and updates.
When It Comes To Investing, Nobody's Perfect, But Two Out Of Three Ain't Bad
Predicting market outcomes is challenging; my recommendations are based on historical data and probabilities rather than certainties. I reviewed my 2025 picks: 67% of Buy ratings and 78% of Hold ratings delivered positive alpha, outperforming many experts. Midstream energy and covered call income funds have shown strong performance, while recent market corrections impacted some picks.
NXG: For The Next Generation Of Income Investors
Significant investment in power grids is needed by 2030 to meet growing electrification and renewable energy demands, benefiting companies like Vistra, Constellation Energy, and Energy Transfer. NXG NextGen Infrastructure Income Fund offers high yield (13.6%) and capital appreciation potential, focusing on sustainable infrastructure and uncorrelated growth opportunities. NXG's top holdings include ET, VST, and CEG, contributing to its strong performance and high total returns since September 2023.
5 Closed-End Fund Buys (And A Sell) In The Month Of January 2025
The market had a solid two years back to back, and to kick off 2025, January also saw some of that same upside momentum continue. There was some recent volatility in the market after DeepSeek and tariffs were announced; particularly, NVDA from the Mag 7 group has been sliding. That said, every month, I put some additional capital to work to help grow my cash flow over the long term, and January 2025 was no different.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Distributions
DALLAS , Feb. 3, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Fund (NYSE: NXG) (the "Fund") declared monthly distributions of $0.54 per common share for each of February, March, April, and May 2025. These monthly distributions will be payable to common shareholders pursuant to the table below: Record Date Ex-Dividend Date Payment Date DistributionAmount Return of CapitalEstimate 1 2/18/2025 2/18/2025 2/28/2025 $0.54 100 % 3/17/2025 3/17/2025 3/31/2025 $0.54 100 % 4/15/2025 4/15/2025 4/30/2025 $0.54 100 % 5/15/2025 5/15/2025 5/30/2025 $0.54 100 % 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 NextGen Infrastructure Income Fund (NYSE: NXG) Announces At-the-Market Offering Program
DALLAS , Jan. 28, 2025 /PRNewswire/ -- NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") announced today that it has established an "at-the-market" offering program (the "Offer"), pursuant to which the Fund may offer and sell common shares of beneficial interest, par value $0.001 per share ("Common Shares") through a distribution agreement with Foreside Fund Services, LLC (the "Distributor"). The sales, if any, of Common Shares made under the program will be made through the Distributor in transactions that are deemed to be "at-the-market offerings" as defined in Rule 415 under the Securities Act of 1933, as amended.
4 Closed-End Fund Buys (And A Sell) In The Month Of December 2024
Every month I add to my income-focused CEF portfolio, which creates a snowball and compounds growing cash flow over time. With some greater volatility opening up in the broader market, that helped to provide some select opportunities in what appears to be an otherwise still pretty pricey market. While no one knows what the future holds for sure, I'm still holding on to a sizeable cash position that I'd look to deploy in a broader market correction.
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.
NXG: A Couple Of Holes In This Strategy
NextGen Infrastructure Income Fund yields 14%, but its reliance on common stocks makes it different from many other CEFs. The fund's diverse portfolio includes traditional and tech-focused infrastructure stocks, aiming for income through dividends and long-term growth. Historical performance shows inconsistent cash flows, with recent dividends supported by leverage and capital gains rather than organic income.
NXG: 15% Yield, 4% Discount On New And Old Infrastructure
The NextGen Infrastructure Income Fund (NXG) offers a 15.77% yield, investing in both traditional and next-gen infrastructure, including renewables and data storage. NXG's performance has been mixed, with recent outperformance but historical underperformance on an NAV basis over longer periods. Management doubled the dividend from $.27 to $.54 in September 2023.
9 Closed-End Fund Buys In The Month Of August 2024
The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initially, as the market swiftly recovered. Most of the moves this month were corporate action-driven events, primarily the BlackRock tender offers, as we finished up the first measurement period.
NXG: A Good Way To Add Renewable Energy To A Portfolio And Profit From Electrification
The NXG NextGen Infrastructure Income Fund offers a 16.80% yield, providing investors with exposure to renewable energy and the energy transition without sacrificing income. The fund's recent performance has been impressive, outperforming the S&P 500 Index and delivering a total return of 43.04% over ten months. The fund's portfolio consists of a combination of renewable energy and natural gas midstream, which gives it exposure to companies that are likely to benefit from the "green" transition.
4 Closed-End Fund Buys In The Month Of July 2024
Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-time highs, letting some cash build up also doesn't hurt.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces the Preliminary Results of its Rights Offering
DALLAS , July 18, 2024 /PRNewswire/ -- The NXG NextGen Infrastructure Income Fund (NYSE: NXG) (the "Fund") announced the preliminary results of its transferable rights offering (the "Offer"). The Offer commenced on June 20, 2024, and expired on July 17, 2024 (the "Expiration Date").
5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024
June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added to or initiated positions in five different closed-end fund names; I sold out of two positions this month.
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Terms of Rights Offering and Change to Record Date of July Distribution
DALLAS , June 10, 2024 /PRNewswire/ -- The board of trustees (the "Board") of NXG NextGen Infrastructure Income Fund (NYSE: NXG) (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: Distribution Boost Does Its Job
NXG NextGen Infrastructure Income Fund's discount has narrowed materially thanks to the much higher distribution. Though there was some considerable volatility shortly after our prior update, the fund's performance eventually saw some meaningful upside. With the fund's discount being much more narrow these days, the overall appeal of adding to this fund isn't quite what it was previously.
NXG: Strong Bounce On Narrowing Discount But Watch Portfolio Risks
NXG NextGen Infrastructure Income Fund has seen a strong performance in the short-term, benefiting from a closing of the fund's discount to net asset value. However, the fund has significantly underperformed other infrastructure funds over the long-run. The recent performance of NXG is primarily driven by a reallocation of the portfolio into riskier sectors and a closing of the discount to NAV, raising concerns about future performance.
NXG: It's Time To Trim This One
Infrastructure and renewable energy stocks have underperformed the S&P 500 in 2024. This article is a follow-up to my last article in November 2023. The NextGen Infrastructure Income Fund has outperformed its sector peers and has seen a narrowing of its discount to NAV.
NXG: Poorly Performing Infrastructure Fund, Avoid
The NXG NextGen Infrastructure Income Fund has a 10-year average annual return of -0.4% and has been funding its distribution entirely from return of capital. The fund primarily invests in equity securities of infrastructure companies, with a focus on both traditional and next-generation infrastructure assets. The fund's distribution yield of 18.0% is not sustainable, and its NAV has declined 59% since 2012. Investors should avoid this fund.
My Top 10 Closed-End Fund Holdings: December 2023
I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior update, but three were already positions that have simply grown to be larger allocations. Closed-end funds overall look to be a place of opportunity as discounts remain historically wide across both equity and fixed-income-focused funds.
NXG: A CEF That Invests In Infrastructure And Renewables
NextGen Infrastructure Income Fund is a cheap CEF that invests in sustainable infrastructure and renewable energy investments. NXG trades at a 14.5% discount to NAV and is owned by well-known closed-end fund activists Saba Capital and Bulldog Investors. Infrastructure and renewable energy stocks have been hit hard in 2022 and 2023, but analysts believe they may perform well in the future due to long-term trends.
NXG Cushing® Midstream Energy Fund and NXG NextGen Infrastructure Income Fund Announce Officer and Portfolio Manager Changes
DALLAS , Oct. 9, 2023 /PRNewswire/ -- NXG Cushing® Midstream Energy Fund (NYSE: SRV) and NXG NextGen Infrastructure Income Fund (NYSE: NXG), each a closed-end management investment company (the "Funds," and each a "Fund"), announced that effective October 9, 2023, John Musgrave has been appointed president and chief executive officer of Cushing ® Asset Management, LP, the Funds' investment adviser (the "Investment Adviser"). The Board of Trustees of the Funds has also appointed Mr.
5 Closed-End Fund Buys In The Month Of August 2023 (Plus 2 I Sold)
This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in closed-end funds. Overall, I have continued to stick with a low or no-leverage theme in this environment as I look to de-risk my CEF portfolio.
NXG: Attractive Distribution Doubled, Deep Discount And An Interesting Portfolio
Energy and renewables, as well as REITs and utilities, have been under pressure this year, affecting NXG NextGen Infrastructure Income Fund. The fund has announced a doubling of its distribution to try to narrow the discount and attract investors. The fund's portfolio is focused on a mix of energy and renewables, with a significant weighting towards energy and top holdings in sustainable infrastructure companies.
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Related Metrics
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