Company: SRV
Filing Date: 2025-01-14
Form Type: 424B2
Source: 0001398344-25-000635
Chunk: 29

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-01-14
Form: 424B2
Chunk 29
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 rates or changes in investor sentiment or market outlook   
 generally. At any point in time, your Common Shares may be worth less than your original investment, including the reinvestment of        
 Fund dividends and distributions.                                                                                                         |

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| Common                                                                                                                                      
 Stock Risk. The Fund will have exposure to common stocks. Although common stocks have historically generated higher average total           
 returns than fixed-income securities over the long-term, common stocks also have experienced significantly more volatility in those         
 returns and may significantly under-perform relative to fixed income securities during certain periods. An adverse event, such as           
 an unfavorable earnings report, may depress the value of a particular common stock held by the Fund. Also, the price of common stocks       
 is sensitive to general movements in the stock market and a drop in the stock market may depress the price of common stocks to which        
 the Fund has exposure. Common stock prices fluctuate for several reasons, including changes in investors’ perceptions of the                
 financial condition of an issuer or the general condition of the relevant stock market, or when political or economic events affecting      
 the issuers occur. In addition, common stock prices may be particularly sensitive to rising interest rates, as the cost of capital          
 rises and borrowing costs increase. At times, stock markets can be volatile and stock prices can change substantially. While broad          
 market measures of common stocks have historically generated higher average returns than income securities, common stocks have also         
 experienced significantly more volatility in those returns. Common stock in which the Fund invests is structurally subordinated to          
 preferred stock, bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income                 
 and are therefore inherently more risky than preferred stock or debt instruments of such issuers.                                           |
| Concentration                                                                                                                               
 Risk. The Fund’s investments will be concentrated in issuers in the industry or group of industries that make up the natural                
 resources sector. The Fund has adopted a fundamental investment restriction to invest at least 25% of its total assets in natural resources 
 companies. In addition, in accordance with the Fund’s 80% policy, the Fund invests at least 80% of its net assets plus borrowings           
 for investment purposes in midstream energy investments. Midstream energy companies are a specific type of natural resources company.       
 Because the Fund will be concentrated, it may be subject to more risks than if it were more broadly diversified over numerous industries    
 and sectors of the economy. General changes in market sentiment towards companies in the natural resources sector