Welcome to our dedicated page for NXG Cushing Midstream Energy ord SEC filings (Ticker: SRV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NXG Cushing Midstream Energy Fund (SRV) SEC filings page on Stock Titan provides access to the fund’s regulatory documents as filed with the U.S. Securities and Exchange Commission. SRV is a non-diversified, closed-end management investment company that seeks a high after-tax total return from capital appreciation and current income by investing primarily in midstream energy investments. Its filings help explain how this objective is implemented and disclose material agreements and events affecting shareholders.
Investors can review annual and periodic reports filed under the Investment Company Act and Securities Act to see details on the portfolio of midstream energy investments, exposure to companies that provide gathering, transporting, processing, fractionation, storing, refining and distribution services for natural resources such as natural gas, natural gas liquids, crude oil, refined petroleum products, biofuels, carbon sequestration, solar and wind, and the impact of using leverage on the fund’s capital structure.
Current reports on Form 8-K, such as the filing describing the entry into a dealer manager agreement and related subscription and information agent agreements for a rights offering, highlight material events and contracts. These documents outline the structure of transferable rights offerings, subscription terms, over-subscription privileges and the relationship to the fund’s effective shelf registration statement on Form N-2.
On Stock Titan, SRV filings are supplemented with AI-powered summaries that explain the purpose and key points of each document in plain language. Real-time updates from EDGAR allow users to see new filings as they become available, while structured access to exhibits and agreements helps readers understand how capital raising activities, distribution policies and midstream energy investment criteria are documented. This context can be useful for reviewing how the fund’s Board of Trustees and its adviser, Cushing Asset Management, LP d/b/a NXG Investment Management, describe SRV’s operations, risks and investment focus in official filings.
SRV submitted an N-CEN annual report providing standardized fund-level disclosures required for registered investment companies. The report includes broker commission detail: aggregate brokerage commissions paid during the reporting period were
The filing otherwise contains template fields for fund identification, governance, advisers, custodians, securities lending, and other operational items that are left blank in the provided excerpt.
NXG Cushing Midstream Energy Fund director Andrea Mullins increased her stake in the fund. On 02/06/2026, Mullins purchased 240 common shares at
Following this trade, Mullins beneficially owns 1,251.0794 common shares directly. This total includes 11.0794 shares acquired through an Automatic Dividend Reinvestment Plan, where cash distributions are reinvested into additional fund shares.
NXG Cushing Midstream Energy Fund reported a modest year, with a Net Asset Value (NAV) total return of +1.16% for the 12 months ended November 30, 2025, slightly ahead of the Alerian Midstream Energy Select Index at +0.48% but far behind the S&P 500 at +15.00%. Share price total return was +1.26%, and the stock ended the period at a 4.76% discount to NAV.
The Fund paid $5.71 per share in distributions, all classified between ordinary income (76%) and long-term capital gains (24%), while Distributable Cash Flow of $6.8 million covered only a fraction of the $25.1 million distributed. Average leverage was high at 32% of managed assets, with year-end borrowings of $55.3 million supporting a portfolio focused on midstream energy, utilities and power-related names benefiting from AI-driven electricity demand.
Net assets rose to $201.9 million, aided by at-the-market share issuance of $27.7 million. After year-end, the Fund completed an oversubscribed transferable rights offering raising about $62 million of additional equity and declared a $2.14 special distribution to meet regulated investment company requirements.
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC report beneficial ownership of 323,176 shares of NXG Cushing Midstream Energy Fund5.2% of the fund’s outstanding shares. The percentage is based on 6,223,470 shares outstanding as of May 31, 2025, as adjusted for the issuer’s December 11, 2025 rights offering and offering program. Both entities are registered investment advisers and hold shared voting and dispositive power over these shares through client accounts they manage. The firms state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the fund, and they formally disclaim beneficial ownership beyond their advisory role.
NXG Cushing Midstream Energy Fund director reports share purchase
A director of NXG Cushing Midstream Energy Fund acquired 400 common shares on December 18, 2025 at a subscription price of $39.89 per share. The purchase came from exercising rights to acquire common shares in the fund’s transferable rights offering, which expired on December 11, 2025. Following this transaction, the director beneficially owns 1,000 common shares, held directly.
NXG Cushing Midstream Energy Fund director share purchase disclosed
A director of NXG Cushing Midstream Energy Fund reported buying 250 common shares of the fund on December 18, 2025 at a price of $39.89 per share. The transaction arose from exercising rights to acquire common shares in the fund’s transferable rights offering, which expired on December 11, 2025 at the same subscription price.
After this transaction, the director beneficially owns 1,008 common shares, which includes 8 shares acquired through an automatic dividend reinvestment plan. This filing reflects a relatively small, rights-driven increase in the director’s personal investment in the fund.
NXG Cushing Midstream Energy Fund’s portfolio manager reported a small increase in ownership through a recent rights offering. On December 18, 2025, the reporting person acquired 80 common shares at a subscription price of $39.89, tied to the Fund’s transferable rights offering that expired on December 11, 2025. The final number of shares was confirmed after pro-ration and allocation under the over-subscription privilege.
Following this transaction, the reporting person directly beneficially owns 260.351 common shares, which include 23.675 shares acquired through an Automatic Dividend Reinvestment Plan (DRIP). This filing reflects routine portfolio manager participation in the Fund’s capital-raising rights offering.
NXG Cushing Midstream Energy Fund is conducting a rights offering for up to 1,555,870 new common shares of beneficial interest. Existing shareholders of record as of the close of business on November 17, 2025 receive one transferable Right for each common share they own, and every three Rights allow purchase of one new share on a 1-for-3 basis. Shareholders who fully exercise their Rights may request additional shares through an oversubscription privilege, and holders of fewer than three shares may still subscribe for one full share. UBS Securities LLC is serving as dealer manager, with Equiniti Trust Company, LLC as subscription agent and EQ Fund Solutions, LLC as information agent, under the Fund’s effective shelf registration on Form N-2.
NXG Cushing Midstream Energy Fund (SRV) director reported an open‑market purchase on a Form 4. On 11/11/2025, the insider bought 750 shares of Common Stock at $42.4942 per share (transaction code P). Following the transaction, the insider beneficially owned 750 shares, held as Direct (D) ownership.