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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$42.03

$142 M

0.00%

1.99%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$142 M

Holdings in Top 10

38.2%

52 WEEK LOW AND HIGH

$42.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 71.35%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$42.03

$142 M

0.00%

1.99%

XSZCX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    NXG NextGen Infrastructure Income Fund of Benef Interest
  • Fund Family Name
    Cushing Asset Management LP
  • Inception Date
    Sep 26, 2012
  • Shares Outstanding
    2601714
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Saket Kumar

Fund Description


XSZCX - Performance

Return Ranking - Trailing

Period XSZCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -13.8% 14.8% 92.00%
1 Yr N/A -24.2% 37.0% 98.59%
3 Yr N/A* -16.4% 36.1% 100.00%
5 Yr N/A* -3.1% 16.6% 18.46%
10 Yr N/A* -13.6% 13.8% 20.37%

* Annualized

Return Ranking - Calendar

Period XSZCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -12.5% 12.1% 95.77%
2022 N/A -9.1% 88.5% 98.53%
2021 7.4% -16.7% 94.8% 98.53%
2020 225.8% -47.8% 225.8% 1.47%
2019 -3.5% -18.0% 61.0% 88.24%

Total Return Ranking - Trailing

Period XSZCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -13.8% 14.8% 92.00%
1 Yr N/A -24.2% 37.0% 98.59%
3 Yr N/A* -16.4% 36.1% 94.20%
5 Yr N/A* -3.1% 16.6% 18.46%
10 Yr N/A* -13.6% 13.8% 24.07%

* Annualized

Total Return Ranking - Calendar

Period XSZCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.5% 14.4% 95.77%
2022 N/A -8.0% 88.5% 98.53%
2021 7.4% -15.7% 98.4% 98.53%
2020 225.8% -44.2% 225.8% 1.47%
2019 1.1% -16.5% 63.2% 79.41%

NAV & Total Return History


XSZCX - Holdings

Concentration Analysis

XSZCX Category Low Category High XSZCX % Rank
Net Assets 142 M 5.1 M 39.2 B 62.32%
Number of Holdings 58 25 217 21.74%
Net Assets in Top 10 72.1 M 2.02 M 27.3 B 55.07%
Weighting of Top 10 38.16% 27.8% 75.6% 81.16%

Top 10 Holdings

  1. Energy Transfer LP 5.97%
  2. PBF Logistics LP 5.35%
  3. CoreSite Realty Corp 4.44%
  4. Clearway Energy Inc Class C 4.24%
  5. Southwestern Energy Company 7.75% 4.17%
  6. Dominion Energy Inc 4.12%
  7. Sunoco LP 4.11%
  8. TC Energy Corp 3.93%
  9. Crown Castle International Corp 3.77%
  10. NextEra Energy Partners LP 3.75%

Asset Allocation

Weighting Return Low Return High XSZCX % Rank
Stocks
86.21% 81.67% 100.03% 91.30%
Bonds
7.44% 0.00% 7.44% 1.45%
Cash
6.35% 0.00% 28.63% 10.14%
Preferred Stocks
0.00% 0.00% 1.29% 34.78%
Other
0.00% -0.02% 18.15% 44.93%
Convertible Bonds
0.00% 0.00% 0.00% 33.33%

Stock Sector Breakdown

Weighting Return Low Return High XSZCX % Rank
Energy
46.09% 0.00% 100.00% 97.10%
Utilities
18.64% 0.00% 39.83% 7.25%
Technology
16.39% 0.00% 35.01% 4.35%
Real Estate
10.91% 0.00% 10.91% 1.45%
Industrials
2.97% 0.00% 25.16% 8.70%
Communication Services
2.65% 0.00% 2.65% 1.45%
Consumer Cyclical
1.32% 0.00% 6.59% 7.25%
Basic Materials
1.01% 0.00% 17.92% 47.83%
Healthcare
0.00% 0.00% 0.00% 33.33%
Financial Services
0.00% 0.00% 0.41% 36.23%
Consumer Defense
0.00% 0.00% 1.54% 46.38%

Stock Geographic Breakdown

Weighting Return Low Return High XSZCX % Rank
US
63.82% 40.17% 99.99% 78.26%
Non US
22.39% 0.00% 59.86% 26.09%

Bond Sector Breakdown

Weighting Return Low Return High XSZCX % Rank
Corporate
53.98% 0.00% 68.03% 8.06%
Cash & Equivalents
46.02% 0.00% 100.00% 4.41%
Derivative
0.00% -3.97% 0.01% 35.29%
Securitized
0.00% 0.00% 0.00% 33.87%
Municipal
0.00% 0.00% 0.00% 33.87%
Government
0.00% 0.00% 0.00% 33.87%

Bond Geographic Breakdown

Weighting Return Low Return High XSZCX % Rank
US
7.44% 0.00% 7.44% 1.45%
Non US
0.00% 0.00% 0.00% 33.33%

XSZCX - Expenses

Operational Fees

XSZCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.99% 0.08% 2.84% 15.94%
Management Fee 1.00% 0.00% 1.25% 95.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.06% 0.25% N/A

Sales Fees

XSZCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XSZCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XSZCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.35% 5.00% 382.00% 61.40%

XSZCX - Distributions

Dividend Yield Analysis

XSZCX Category Low Category High XSZCX % Rank
Dividend Yield 0.00% 0.00% 6.71% 91.30%

Dividend Distribution Analysis

XSZCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Quarterly Annual

Net Income Ratio Analysis

XSZCX Category Low Category High XSZCX % Rank
Net Income Ratio 1.10% -1.80% 4.54% 75.36%

Capital Gain Distribution Analysis

XSZCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XSZCX - Fund Manager Analysis

Managers

Saket Kumar


Start Date

Tenure

Tenure Rank

Sep 26, 2012

9.68

9.7%

Mr. Kumar is a Portfolio Manager and Senior Research Analyst of the Cushing® Asset Management, LP. Mr. Kumar originally joined Cushing in 2008 as a Senior Research Analyst and rejoined the firm in 2012 after a one-year research analyst position with Citadel Investment Group. He has experience as an engineer, in investment research and investment banking and is a specialist in the materials, energy and basic industrials sectors. Prior to Cushing, Mr. Kumar worked at Citadel Investment Group from October 2011 through October 2012 as a research analyst. He originally joined the Investment Adviser in 2008 as a Senior Research Analyst for the Cushing® Asset Management, LP. Prior to the Cushing® Asset Management, LP, he was an investment banker at Bear Stearns where he focused on corporate finance and mergers and acquisitions in the global industrial group. Prior to that, he spent three years in the marine transportation industry as an engineer on board cargo vessels specializing in dry bulk and crude oil shipping. Mr. Kumar received an M.B.A. in finance and accounting from Southern Methodist University and a B.S. in marine engineering from Marine Engineering and Research Institute in India.

Alex Palma


Start Date

Tenure

Tenure Rank

Jan 01, 2013

9.42

9.4%

Alex Palma has worked in investments since 2008. He joined Cushing Asset Management in 2013 to cover Industrials and Oil Field Services for the Renaissance Fund. Previously he worked as a research analyst and trader for Capital Tactics Advisors, an event driven hedge fund in Dallas. Prior to that, he worked in institutional equity sales for Merrill Lynch. He earned his Bachelor of Arts in Accounting from Furman University. He received his Chartered Financial Analyst (CFA) designation in 2013.

Hari Kusumakar


Start Date

Tenure

Tenure Rank

Jan 01, 2018

4.41

4.4%

Hari Kusumakar has worked in investment research since 2010 and joined Cushing Asset Management in 2018. Previously he worked as an equity research analyst for Tiger Legatus Capital Management, a tiger-seeded long/short equity hedge fund in New York. Prior to that, he worked at Moody’s Corporation as a credit research analyst. He earned his MBA from MIT Sloan School of Management; MS in Industrial and System Engineering from The Ohio State University; and BS in Chemical Engineering from Indian Institute of Technology, Bombay.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 24.18 6.97 0.54