Company: SRV
Filing Date: 2025-02-10
Form Type: N-CSR
Source: 0001398344-25-002262
Chunk: 28

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-02-10
Form: N-CSR
Chunk 28
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 H. Alban, as Class I Trustees, are expected to stand for re-election at the Fund’s 2026 annual meeting of shareholders. |

| ●   Ronald P. Trout, as Class III Trustee, is expected to stand for re-election at the Fund’s 2025 annual meeting of shareholders. |

| (2) | The “Fund Complex” includes each other registered investment company for which the Investment Adviser serves as investment adviser. As of the date of this report, there are two funds (including the Fund) in the “Fund Complex.” |

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Executive Officers

The following information relates to the executive officers of the Funds who are not Trustees. The officers of the Fund were appointed by the Board of Trustees and will serve until their respective successors are chosen and qualified.

| Name and        
 Year of Birth   | Position                               | Principal Occupation During the Past Five Years                                                                                                                                                                                                                                                                                    |
| John Musgrave   
 (1982)          | Chief Executive Officer and President  | Chief Executive Officer and President (2023-Present), Co-Chief Investment Officer (2016-2023), Managing Director (2016-2023), Chief Investment Officer (2023-present) and Portfolio Manager (2007-Present) of the Investment Adviser.                                                                                              |
| Blake R. Nelson 
 (1986)          | Chief Financial Officer and Treasurer  | Chief Financial Officer (2021-present) and Controller (2013-2021) of the Adviser. Previously, fund accountant at JD Clark & Company (2011-2013). Mr. Nelson is a Certified Public Accountant.                                                                                                                                      |
| Brad Mead       
 (1990)          | Chief Compliance Officer and Secretary | Chief Compliance Officer of the Adviser and funds in the fund complex (2024-present); Senior Compliance Consult at Cloudbreak Compliance Group (2023 -2024); Senior Manager, Manager, and Senior Associate of Compliance at IQEQ (2020-2023); Senior Associate and Associate of Compliance at Blue River Partners LLC (2018-2020). |

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| NXG Cushing® Midstream Energy Fund                                 
 Certain Changes Occurring During the Prior Fiscal Year (Unaudited) |

The following information is a summary of certain changes during the most recent fiscal year. This information may not reflect all of the changes that have occurred since you purchased shares of the Fund.

Change in Non-Fundamental Investment Policies

None.

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