Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 120

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 120
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), referenced bonds and stock indices. The cash flow or rate of return on a structured note may be determined
by applying a multiplier to the rate of total return on the referenced factor. Application of a multiplier is comparable to the use of
financial leverage, a speculative technique. Leverage magnifies the potential for gain and the risk of loss. As a result, a relatively
small decline in the value of the referenced factor could result in a relatively large loss in the value of a structured note.

<div align='center'>S-11</div>

Investments in structured notes involve risks
including interest rate risk, credit risk and market risk. Where the Fund’s investments in structured notes are based upon the
movement of one or more factors, including currency exchange rates, interest rates, referenced bonds and stock indices, depending on
the factor used and the use of multipliers or deflators, changes in interest rates and movement of the factor may cause significant price
fluctuations. Additionally, changes in the reference factor may cause the interest rate on the structured note to be reduced to zero
and any further changes in the reference factor may then reduce the principal amount payable on maturity. Structured notes may be less
liquid than other types of securities and more volatile than the reference factor underlying the note.

Generally, structured investments are interests
in entities organized and operated for the purpose of restructuring the investment characteristics of underlying investment interests
or securities. These investment entities may be structured as trusts or other types of pooled investment vehicles. This type of restructuring
generally involves the deposit with or purchase by an entity of the underlying investments and the issuance by that entity of one or
more classes of securities backed by, or representing interests in, the underlying investments. The cash flow or rate of return on the
underlying investments may be apportioned among the newly issued securities to create different investment characteristics, such as varying
maturities, credit quality, payment priorities and interest rate provisions. The Fund may have the right to receive payments to which
it is entitled only from the structured investment, and generally does not have direct rights against the issuer. Holders of structured
investments bear risks of the underlying investment and are subject to counterparty risk. While certain structured investment vehicles
enable the investor to acquire interests in a pool of securities without the brokerage and other expenses associated with directly holding
the same securities, investors in structured investment vehicles generally pay their share of the investment vehicle’s administrative
and other expenses.

Certain structured products may be thinly