Company: SRV
Filing Date: 2025-04-10
Form Type: N-2
Source: 0001398344-25-006954
Chunk: 77

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-04-10
Form: N-2
Chunk 77
---
 the Administrator provides the Fund with, among other
things, compliance oversight, financial reporting oversight and tax reporting. The Fund pays the Administrator a monthly fee computed
at an annual rate of 0.09% of the first $100 million of Managed Assets, 0.07% on the next $200 million of Managed Assets and 0.04% on
the balance of Managed Assets, subject to a minimum annual fee of $70,000. The Fund will also pay for the Administrator’s out-of-pocket
expenses. The Administrator also serves as fund accountant pursuant to a fund accounting servicing agreement.

Custodian

U.S. Bank National Association
(the “Custodian”), Custody Operations, 1555 N. River Center Drive, Suite 302, Milwaukee, Wisconsin 53212, serves as custodian
for the Fund pursuant to the Custodian Agreement with the Fund (the “Custodian Agreement”). The Custodian and the Administrator
are affiliates of each other. Under the Custodian Agreement, the Custodian will be responsible for, among other things, receipt of and
disbursement of funds from the Fund’s accounts, establishment of segregated accounts as necessary, and transfer, exchange and delivery
of Fund portfolio securities.

<div align='center'>S-14</div>

Transfer Agent

U.S. Bancorp Global Fund Services,
located at 615 East Michigan Street, Milwaukee, Wisconsin 53202, has entered into a transfer agent servicing agreement with the Fund.
Under this agreement, U.S. Bancorp Global Fund Services serves as the Fund’s transfer agent, registrar and dividend disbursing agent.

<div align='center'>GENERAL
INFORMATION</div>

Additional Information

The Prospectus and this SAI constitutes
part of a Registration Statement filed by the Fund with the SEC under the Securities Act, and the 1940 Act. The Prospectus and this SAI
omit certain of the information contained in the Registration Statement, and reference is hereby made to the Registration Statement and
related exhibits for further information with respect to the Fund and the common shares offered hereby. Any statements contained in the
Prospectus and herein concerning the provisions of any document are not necessarily complete, and, in each instance, reference is made
to the copy of such document filed as an exhibit to the Registration Statement or otherwise filed with the SEC. Each such statement is
qualified in its entirety by such reference. The complete Registration Statement may be obtained from the SEC upon payment of the fee
prescribed by its rules