Company: SRV
Filing Date: 2025-01-14
Form Type: 424B2
Source: 0001398344-25-000635
Chunk: 36

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-01-14
Form: 424B2
Chunk 36
---
 issuance, listed on the New York Stock Exchange (the “NYSE”). The Fund’s Common Shares commenced trading on the NYSE on August 27, 2007. In connection with any offering of Rights, the Fund will provide information in the Prospectus Supplement for the expected trading market, if any, for Rights.

Historically, the Common Shares have generally traded at a discount to the Fund’s net asset value per share. Shares of closed-end investment companies frequently trade at a discount to net asset value. The Fund’s net asset value will be reduced immediately following an offering of the Common Shares due to the costs of such offering, which will be borne entirely by the Fund. The sale of Common Shares by the Fund (or the perception that such sales may occur) may have an adverse effect on prices of Common Shares in the secondary market. An increase in the number of Common Shares available may put downward pressure on the market price for Common Shares. See “Risks— Market Discount From Net Asset Value.”

The following table sets forth, for each of the periods indicated, the high and low closing market prices for the Common Shares on the NYSE, the net asset value per Common Share and the premium or discount to net asset value per Common Share at which the Common Shares were trading.

| Fiscal        
 Quarter Ended 
 August        
 31, 2023      |     | Market 
 Price  
 High   | 43.15 |     | Low | 34.41 |     | Corresponding                    
 Net Asset Value Per Common Share 
 High                             | 39.75 |     | Low | 35.58 |     | Corresponding                                         
 Premium (Discount) as a Percentage of Net Asset Value 
 High                                                  |   8.55 | % |     | Low |  -3.29 | % |
|:--------------|:----|:-------|------:|:----|:----|------:|:----|:---------------------------------|------:|:----|:----|------:|:----|:------------------------------------------------------|-------:|:--|:----|:----|-------:|:--|
| May           
 31, 2023      |     | $      | 35.00 |     | $   | 30.17 |     | $                                | 40.08 |     | $   | 34.92 |     |                                                       | -12.67 | % |     |     | -13.60 | % |
| February      
 28,