Company: SRV
Filing Date: 2025-03-18
Form Type: CORRESP
Source: 0001398344-25-005716
Chunk: 1

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-18
Form: CORRESP
Chunk 1
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 a definitive proxy statement until all                                                                              
 comments are resolved, particularly the comments regarding the timing of the change of control of the Adviser and shareholder approval 
 of the New Advisory Agreements, as the SEC Staff considers this a material issue.                                                      |

The Funds acknowledge the comment.

| Comment 6: | In the Questions & Answers, under the heading “Why                 
 am I being asked to vote on a new investment advisory agreement?”: |

| (a) | Please disclose what is the current ownership percentage of Swank Capital between Jerry Swank and NXG Cushing. |

The Funds note that the current ownership of
the Adviser and Swank capital are disclosed on page 13 of the preliminary proxy statement. Swank capital is solely owned by Jerry Swank.
NXG Cushing is solely owned by the Management Group. The Adviser is owned by Jerry Swank, Swank Capital and NXG Cushing. As of March 15, 2025, Mr. Swank owns 82.05% of the Adviser, Swank Capital owns 1% of the Adviser and NXG Cushing owns 16.95% of the Adviser. This information was included in the Preliminary Proxy Statement as of February 28, 2025, and in the Definitive Proxy Statement will be
updated to reflect the March 15, 2025 figures. In addition, in the Definitive
Proxy Statement, the Funds will add this information under the heading “Why am I being asked to vote on a new investment advisory
agreement?” in the Questions & Answers.

| (b) | Please disclose how Jerry Swank holds an interest in the Adviser indirectly? Is he a member of NXG Cushing? |

As noted above, Mr. Swank holds his
indirect interest in the Adviser through Swank Capital. As of March 15, 2025, Mr. Swank owns 82.05% of the Adviser directly and
owns 1% of the Adviser indirectly through Swank Capital. This information was included in the Preliminary Proxy Statement as of February 28, 2025, and in the Definitive Proxy Statement will be
updated to reflect the March 15, 2025 figures. In addition, in the Definitive Proxy Statement, the Fund’s will revise the
disclosure under the heading “Why am I being asked to vote on a new investment advisory agreement?” in the Questions
& Answers to clarify