NXG NextGen Infrastructure Income Fund filings document material agreements and capital-raising activity for a NYSE-listed closed-end fund. Recent Form 8-K disclosures cover dealer manager agreements for transferable rights offerings, a distribution agreement for at-the-market common share sales, and the fund's common shares of beneficial interest.
The filing record also identifies Cushing Asset Management, LP, doing business as NXG Investment Management, as investment adviser in offering-related agreements. These disclosures frame the fund's share issuance mechanics, adviser relationships, exchange-listed security and net asset value references used in offering terms.
Mullins Andrea reported open-market purchase transactions in this Form 4 filing.
NXG NextGen Infrastructure Income Fund director Andrea Mullins acquired 346 common shares on May 7, 2026 at a subscription price of $58.45 per share. These shares came from exercising rights in the fund’s transferrable rights offering that expired on April 30, 2026.
After this transaction, Mullins directly holds about 1,395.1622 common shares, including 30.0538 shares previously acquired through the fund’s Automatic Dividend Reinvestment Plan.
Nelson Blake reported open-market purchase transactions in this Form 4 filing.
NXG NextGen Infrastructure Income Fund CFO & Treasurer Nelson Blake acquired 222 Common Shares of Beneficial Interest at a subscription price of $58.45 per share through the fund’s transferable rights offering, which expired on April 30, 2026. Following this transaction, he directly holds 1,048 common shares.
NXG NextGen Infrastructure Income Fund CEO and President John M. Musgrave bought 134 common shares at a subscription price of $58.45 per share. These shares were acquired by exercising rights in the fund’s transferable rights offering, which expired on April 30, 2026.
After this transaction, he directly owns 541.7363 common shares, which includes 7.7363 shares previously acquired through the fund’s Automatic Dividend Reinvestment Plan.
NXG NextGen Infrastructure Income Fund COO Todd Sunderland reported open-market purchases linked to a recent rights offering. On May 7, 2026, he acquired 802 common shares of beneficial interest at $58.45 per share directly and 27 shares at the same price indirectly through immediate family members.
According to the footnotes, these shares were acquired by exercising rights in the Fund’s transferrable rights offering, which expired on April 30, 2026, at a subscription price of $58.45, with share amounts confirmed on May 7, 2026. After these transactions, Sunderland holds 3,211.157 shares directly and 1,139.295 shares indirectly, which include 12.975 shares obtained through an Automatic Dividend Reinvestment Plan.
The Boards of NXG Cushing Midstream Energy Fund (SRV) and NXG NextGen Infrastructure Income Fund (NXG) are soliciting proxies for a joint Annual Meeting on June 18, 2026 to elect Trustees and request shareholder approval of new investment advisory agreements to permit Cushing Asset Management, LP to continue as each Fund’s adviser following a planned change of control of the Adviser.
The Adviser transaction would transfer controlling interests to NXG Cushing, LLC (expected ~62% ownership upon closing) and replace Swank Capital as general partner. Approval of each Fund’s New Advisory Agreement is required because the change of control would otherwise cause an assignment and termination of the current advisory contract. The Boards, including Independent Trustees, unanimously recommend voting FOR both proposals.
The Boards of NXG Cushing Midstream Energy Fund (SRV) and NXG NextGen Infrastructure Income Fund (NXG) are soliciting proxies for a joint Annual Meeting on June 18, 2026 to elect Trustees and request shareholder approval of new investment advisory agreements to permit Cushing Asset Management, LP to continue as each Fund’s adviser following a planned change of control of the Adviser.
The Adviser transaction would transfer controlling interests to NXG Cushing, LLC (expected ~62% ownership upon closing) and replace Swank Capital as general partner. Approval of each Fund’s New Advisory Agreement is required because the change of control would otherwise cause an assignment and termination of the current advisory contract. The Boards, including Independent Trustees, unanimously recommend voting FOR both proposals.
NXG NextGen Infrastructure Income Fund has launched a transferable rights offering to existing shareholders. Holders of record on April 6, 2026 receive one Right for each common share owned, and every three Rights allow the purchase of one new common share.
The rights offering covers up to 1,930,837 new common shares. Shareholders who fully exercise their Rights may request additional shares through an over-subscription privilege, which permits subscriptions for up to 20% more common shares than their basic entitlement, subject to allotment. The subscription rights expire at 5:00 p.m. New York City time on April 30, 2026, unless extended.
NXG NextGen Infrastructure Income Fund is registering 1,930,837 Common Shares for issuance pursuant to a transferable 1-for-3 rights offering. The Offer distributes one Right per outstanding share to Record Date shareholders (Record Date: April 6, 2026) and permits holders who fully exercise Rights to over-subscribe for unused shares subject to allotment.
The Subscription Price will be the lower of (a) 95% of the average last sale price over the Pricing Date and four prior trading days (the Formula Price) or (b) 92% of NAV at close on the Expiration Date; Rights must be exercised by April 30, 2026. The Fund estimates an estimated Subscription Price of $52.49, net proceeds to the Fund of approximately $97,103,718, and an example NAV dilution of $1.90 (3.43%) if all shares are sold at the estimated price.
The reporting persons, Sit Investment Associates, Inc. and its subsidiary Sit Fixed Income Advisors II, LLC, filed an amendment to a Schedule 13G/A for NXG NextGen Infrastructure Income Fund. Each reports shared voting and shared dispositive power over 19,902 shares. The filing cites 5,792,510 shares outstanding as of November 30, 2025 and reports an ownership figure of .3 % based on that outstanding count. The filing states the reported shares are owned by client accounts managed by the advisers and that the advisers disclaim beneficial ownership pursuant to Rule 13d-4.
NXG NextGen Infrastructure Income Fund COO Sunderland Todd reported an open-market purchase of 2,000 Common Shares of Beneficial Interest on March 10, 2026. The shares were bought at a weighted average price of $52.66 per share, in multiple trades ranging from $51.96 to $52.78.
After this transaction, Todd directly owns about 2,409.16 common shares, which include 27.996 shares acquired through an automatic dividend reinvestment plan. He also reports indirect ownership of approximately 1,099.32 shares held by immediate family members, including 48.442 DRIP-acquired shares.
NXG NextGen Infrastructure Income Fund director and CEO & President John M. Musgrave bought 400 common shares in an open-market transaction at $52.00 per share. After this March 10 trade, his directly held position in the fund stands at 400 common shares.