Company: SRV
Filing Date: 2025-01-14
Form Type: 424B2
Source: 0001398344-25-000635
Chunk: 10

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-01-14
Form: 424B2
Chunk 10
---
                            |
| Interest payments on borrowed funds(7) | 2.55%                            |
| Other expenses(8)                      | 0.52%                            |
| Total annual expenses                  | 4.85%                            |

| (1) | Represents the estimated commission with respect to the Common Shares being sold under this Prospectus Supplement and the accompanying  
 Prospectus. There is no guarantee that there will be any sales of Common Shares under this Prospectus Supplement and the accompanying   
 Prospectus. Actual sales of Common Shares under this Prospectus Supplement and the accompanying Prospectus, if any, may be less than as 
 set forth under “Capitalization” below. In addition, the price per Common Share of any such sale may be greater or less than            
 the price set forth under “Capitalization” below, depending on market price of the Common Shares at the time of any such sale.          |

| (2) | Assumes offering expenses of $50,000 and the sale of 570,000 Common Shares at a sales price per Common Share of $45.67, which represents 
 the last reported sales price of the Common Shares on the NYSE on January 9, 2025. There is no guarantee that there will be any sales    
 of Common Shares under this Prospectus Supplement and the accompanying Prospectus. Actual sales, if any, of the Common Shares under this 
 Prospectus Supplement and the accompanying Prospectus may be at a price greater or less than $45.67 per Common Share, depending on the   
 market price of the Common Shares at the time of any such sale.                                                                          |

| (3) | There will be no brokerage charges with respect to Common Shares issued directly by the Fund. However, each participant will pay a         
 pro rata share of brokerage commissions incurred in connection with open-market purchases. In addition, participants who request a sale    
 of shares through the Plan Agent are subject to a $15.00 per transaction sales fee and pay a brokerage commission of $0.12 per share sold. 
 The Fund’s transfer agent serves as Plan Agent. Fees paid by the Fund to the transfer agent are included in “Other expenses”               
 below, which are ultimately borne by common shareholders. For additional information, see “Distribution Reinvestment Plan”                 
 in the accompanying Prospectus.                                                                                                            |

| (4) | Based upon net assets attributable to common shares as of May 31, 2024. |

| (5) | The Fund pays the Investment Adviser an annual fee,