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NXG NextGen Infrastructure Income Fund - $NXG STOCK NEWS

Welcome to our dedicated page for NXG NextGen Infrastructure Income Fund news (Ticker: $NXG), a resource for investors and traders seeking the latest updates and insights on NXG NextGen Infrastructure Income Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NXG NextGen Infrastructure Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NXG NextGen Infrastructure Income Fund's position in the market.

Rhea-AI Summary
NXG NextGen Infrastructure Fund (NXG) has declared monthly distributions of $0.54 per common share for February, March, April, and May 2024. The return of capital estimate is 100%. The Fund's Board of Trustees has also approved the continuation of the waiver of the Fund's management fees in the amount of 0.25% of the Fund's Managed Assets for the next twelve months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
none
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Rhea-AI Summary
NXG NextGen Infrastructure Income Fund (NYSE: NXG) declared monthly distributions of $0.54 per common share for December 2023 and January 2024. The return of capital estimate for December 2023 is 0%, while for January 2024, it is 100%. The final tax status of each distribution may differ substantially from this preliminary information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
none
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Rhea-AI Summary
NXG Cushing® Midstream Energy Fund and NXG NextGen Infrastructure Income Fund announce the appointment of John Musgrave as president and CEO of Cushing® Asset Management, LP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
Tags
none
Rhea-AI Summary
The NXG NextGen Infrastructure Income Fund has declared monthly distributions of $0.54 per common share for September, October, and November 2023. The Fund's monthly distribution for August 2022 was $0.27 per share. The Fund's management believes that the increased distribution rate reflects a positive outlook for the strategy and provides attractive total return potential for investors. Shareholders have the option of reinvesting distributions or receiving them in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.67%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
NXG NextGen Infrastructure Income Fund

NYSE:NXG

NXG Rankings

NXG Stock Data

115.60M
2.60M
43.78%
0.62%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
Dallas