Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 128

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 128
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 the oversight of
the Board of Trustees, the Investment Adviser is responsible for decisions to buy and sell securities for the Fund, the negotiation of
the commissions to be paid on brokerage transactions, the prices for principal trades in securities, and the allocation of portfolio brokerage
and principal business. It is the policy of the Investment Adviser to seek the best execution at the best security price available with
respect to each transaction in light of the overall quality of brokerage and research services provided to the Investment Adviser. In
selecting broker/dealers and in negotiating commissions, the Investment Adviser will consider, among other things, the firm’s reliability,
the quality of its execution services on a continuing basis and its financial condition.

Section 28(e) of the Securities
Exchange Act of 1934, as amended, permits an investment adviser, under certain circumstances, to cause an account to pay a broker or dealer
who supplies brokerage and research services a commission for effecting a transaction in excess of the amount of commission another broker
or dealer would have charged for effecting the transaction. Brokerage and research services include (a) furnishing advice as to the value
of securities, the advisability of investing, purchasing or selling securities, and the availability of securities or purchasers or sellers
of securities; (b) furnishing analyses and reports concerning issuers, industries, securities, economic factors and trends, portfolio
strategy, and the performance of accounts; and (c) effecting securities transactions and performing functions incidental to those transactions
(such as clearance, settlement and custody).

In light of the above, in selecting
brokers, the Investment Adviser may consider investment and market information and other research, such as economic, securities and performance
measurement research, provided by such brokers, and the quality and reliability of brokerage services, including execution capability,
performance, and financial responsibility. Accordingly, the commissions charged by any such broker may be greater than the amount another
firm might charge if the Investment Adviser determines in good faith that the amount of such commissions is reasonable in relation to
the value of the research information and brokerage services provided by such broker to the Investment Adviser or to the Fund. The Investment
Adviser believes that the research information received in this manner provides the Fund with benefits by supplementing the research otherwise
available to the Investment Adviser.

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The Investment Adviser seeks
to allocate portfolio transactions equitably whenever concurrent decisions are made to purchase or sell securities on behalf