NXG NextGen Infrastructure Income Fund

NXG NextGen Infrastructure Income Fundverified

NXG

Price:

$41.3352

Market Cap:

$109.92M

NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies. NXG NextGen Infrastructure Income Fund was formed in 2012 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2012-09-26

Stock Exchange

NYSE

Ticker

NXG

The Dividend Yield as of September 2024 (TTM) for NXG NextGen Infrastructure Income Fund (NXG) is 14.37%

According to NXG NextGen Infrastructure Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 14.37%. This represents a change of 158.81% compared to the average of 5.55% of the last 4 quarters.

NXG NextGen Infrastructure Income Fund (NXG) Historical Dividend Yield (quarterly & annually)

How has NXG Dividend Yield performed in the past?

The mean historical Dividend Yield of NXG NextGen Infrastructure Income Fund over the last ten years is 9.11%. The current 14.37% Dividend Yield has changed 57.69% with respect to the historical average. Over the past ten years (40 quarters), NXG's Dividend Yield was at its highest in in the November 2023 quarter at 7.58%. The Dividend Yield was at its lowest in in the May 2018 quarter at 0%.

Quarterly (TTM)
Annual

Average

9.11%

Median

8.56%

Minimum

5.68%

Maximum

12.76%

NXG NextGen Infrastructure Income Fund (NXG) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of NXG NextGen Infrastructure Income Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 104.40%

Maximum Annual Dividend Yield = 12.76%

Minimum Annual Increase = -55.46%

Minimum Annual Dividend Yield = 5.68%

Quarterly (TTM)
Annual
YearDividend YieldChange
202312.30%104.40%
20226.02%5.85%
20215.68%-55.46%
202012.76%18.35%
201910.78%40.08%
20187.70%-10.09%

NXG NextGen Infrastructure Income Fund (NXG) Average Dividend Yield

How has NXG Dividend Yield performed in the past?

The current Dividend Yield of NXG NextGen Infrastructure Income Fund (NXG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.00%

5-year avg

9.51%

10-year avg

9.11%

NXG NextGen Infrastructure Income Fund (NXG) Dividend Yield vs. Peers

How is NXG’s Dividend Yield compared to its peers?

NXG NextGen Infrastructure Income Fund’s Dividend Yield is less than MFS Investment Grade Municipal Trust (3.24%), less than Invesco High Income 2024 Target Term Fund (4.64%), less than Eaton Vance National Municipal Opportunities Trust (4.21%), less than Nuveen California Select Tax-Free Income Portfolio (3.59%), less than Federated Hermes Premier Municipal Income Fund (3.45%), less than Virtus Convertible & Income 2024 Target Term Fund (3.68%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (4.56%), less than Invesco High Income 2023 Target Term Fund (0.58%), less than Nuveen Corporate Income 2023 Target Term Fund (0.19%),

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