NXG NextGen Infrastructure Income Fund

NXG NextGen Infrastructure Income Fundverified

NXG

Price:

$41.33

Market Cap:

$109.91M

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 ROE as of September 2024 (TTM) for NXG NextGen Infrastructure Income Fund (NXG) is 7.57%

According to NXG NextGen Infrastructure Income Fund’s latest financial reports and current stock price. The company's current ROE is 7.57%. This represents a change of -693.62% compared to the average of -1.28% of the last 4 quarters.

NXG NextGen Infrastructure Income Fund (NXG) Historical ROE (quarterly & annually)

How has NXG ROE performed in the past?

The mean historical ROE of NXG NextGen Infrastructure Income Fund over the last ten years is -1.01%. The current 7.57% ROE has changed -849.86% with respect to the historical average. Over the past ten years (40 quarters), NXG's ROE was at its highest in in the May 2024 quarter at 17.52%. The ROE was at its lowest in in the May 2023 quarter at -13.60%.

Quarterly (TTM)
Annual

Average

-1.01%

Median

2.89%

Minimum

-27.50%

Maximum

18.66%

NXG NextGen Infrastructure Income Fund (NXG) ROE by Quarter and Year

Discovering the peaks and valleys of NXG NextGen Infrastructure Income Fund ROE, 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 = 623.29%

Maximum Annual ROE = 18.66%

Minimum Annual Increase = -471.15%

Minimum Annual ROE = -27.50%

Quarterly (TTM)
Annual
YearROEChange
2023-27.50%-471.15%
20227.41%-60.28%
202118.66%-209.00%
2020-17.12%623.29%
2019-2.37%-181.75%
20182.89%-73.57%

NXG NextGen Infrastructure Income Fund (NXG) Average ROE

How has NXG ROE performed in the past?

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

3-year avg

-0.48%

5-year avg

-4.18%

10-year avg

-1.01%

NXG NextGen Infrastructure Income Fund (NXG) ROE vs. Peers

How is NXG’s ROE compared to its peers?

NXG NextGen Infrastructure Income Fund’s ROE is less than MFS Investment Grade Municipal Trust (3.44%), less than Invesco High Income 2024 Target Term Fund (25.55%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), less than Nuveen California Select Tax-Free Income Portfolio (17.40%), less than Federated Hermes Premier Municipal Income Fund (3.80%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), greater than Invesco High Income 2023 Target Term Fund (-2.10%), greater than Nuveen Corporate Income 2023 Target Term Fund (-2.88%),

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Frequently asked questions❓

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