Company: SRV
Filing Date: 2025-10-22
Form Type: N-2/A
Source: 0001398344-25-019582
Chunk: 15

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-10-22
Form: N-2/A
Chunk 15
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 $1,289,093 in net current and 
 deferred tax benefit.                                                                       
 For the fiscal year ended November 30, 2014, the Fund accrued $1,115,507 in net current and 
 deferred tax expense.                                                                       
 For the fiscal year ended November 30, 2013, the Fund accrued $5,743,456 in net current tax 
 expense.                                                                                    |

| (8) | The ratio of expenses (excluding current                                                         
 and deferred income tax expense) to average net assets before waiver was 3.48%, 3.75%, 3.60%,    
 2.93% and 2.18% for the fiscal years ended November 30, 2017, 2016, 2015, 2014 and 2013,         
 respectively.                                                                                    
 The ratio of expenses (excluding current and deferred income tax expense) to average net         
 assets after waiver was 3.04%, 2.97%, 2.99%, 2.93% and 2.18% for the fiscal years ended November 
 30, 2017, 2016, 2015, 2014 and 2013, respectively.                                               |

| (9) | This ratio excludes current and deferred             
 income tax benefit/expense on net investment income. |

| (10) | Not annualized. |

<div align='center'>10</div>

SENIOR
SECURITIES

The following table sets
forth information about the Fund’s outstanding senior securities as of the end of the last ten fiscal years. The information in
this table for the fiscal years ended November 30, 2024, November 30, 2023, November 30, 2022, November 30, 2021
and November 30, 2020 is derived from the Fund’s financial statements audited by Ernst & Young LLP, independent registered
public accounting firm for the Fund, whose report on such financial statements, together with the financial statements of the Fund, are
included in the Fund’s Annual Report and are incorporated by reference herein.

| Fiscal Period Ended |     | Title of   
 Security   |     | Total       
 Principal   
 Amount      
 Outstanding |            |     | Asset     
 Coverage  
 Per       
 $1,000    
 of        
 Principal 
 Amount    |        |
|:--------------------|:----|:-----------|:----|:------------|-----------:|:----|:----------|-------:|
| November