Company: SRV
Filing Date: 2025-02-10
Form Type: N-CSR
Source: 0001398344-25-002262
Chunk: 121

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-02-10
Form: N-CSR
Chunk 121
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3 |
| Registrant                      |          21,000 |          20,000 |
| Registrant’s Investment Adviser |            None |            None |

(h) The audit committee of the board of trustees/directors has considered
whether the provision of non-audit services that were rendered to the registrant’s investment adviser is compatible with maintaining the
principal accountant’s independence and has concluded that the provision of such non-audit services by the accountant has not compromised
the accountant’s independence.

The registrant has not been identified by the U.S. Securities and Exchange
Commission as having filed an annual report issued by a registered public accounting firm branch or office that is located in a foreign
jurisdiction where the Public Company Accounting Oversight Board is unable to inspect or completely investigate because of a position
taken by an authority in that jurisdiction.

The registrant is not a foreign issuer.

Item 5. Audit Committee of Listed Registrants.

(a) The registrant is an issuer as defined in Rule 10A-3 under the
Securities Exchange Act of 1934, (the “Act”) and has a separately-designated standing audit committee established in accordance
with Section 3(a)(58)(A) of the Act. The independent members of the committee are as follows: Andrea N. Mullins, Brian R. Bruce,
and John H. Alban.

Not applicable

Item 6. Investments.

| (a) | Schedule of Investments is included as part of the report to shareholders filed under Item 1 of this Form. |

| (b) | Not Applicable. |

Item 7. Financial Statements and Financial Highlights for Open-End Investment Companies.

Not applicable to closed-end investment companies.

Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.

Not applicable to closed-end investment companies.

Item 9. Proxy Disclosure for Open-End Investment Companies.

Not applicable to closed-end investment companies.

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.

Not applicable to closed-end investment companies.

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

See Item 1(a).

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

<div align='center'>Proxy Voting Policy</div>

Cushing Asset Management, LP d/b/a NXG
Investment Management (the “Investment Manager”) serves as the investment adviser and general partner, respectively,
of certain