Company: SRV
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001398344-25-005949
Chunk: 2

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-25
Form: CORRESP
Chunk 2
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 which the anticipated change of control would occur within no more than one year. We note that the facts of the Gladstone Capital
Corp. change of control differ from those of the Funds in important ways. In Gladstone Capital Corp., the control person of the investment
adviser retained discretion regarding when they would cause the change of control to occur. In the case of the Funds, Jerry Swank, Swank
Capital and NXG Cushing have entered into a definitive agreement which by its terms will result in the Change of Control Event. No party
retains any discretion as to when or whether such Change of Control Event will occur. The exact timing of the occurrence of such Change
of Control Event is subject to market factors outside of the control of any party. In that respect, the transaction between Jerry Swank,
Swank Capital and NXG is similar to many investment adviser M&A transactions, in which the precise timing of closing is subject to
conditions, such as consents and regulatory approvals, which are outside the control of the parties.

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Should you have any questions concerning our responses
to your comments, please direct them to the undersigned at (312) 407-0641.

| Sincerely,         |
| /s/ Kevin T. Hardy |
| Kevin T. Hardy     |

| cc: | Blake Nelson                                       
 Chief Financial Officer and Treasurer of each Fund |

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