NXG NextGen Infrastructure Income Fund of Benef Interest
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNXG NextGen Infrastructure Income Fund of Benef Interest
-
Fund Family NameCushing Asset Management LP
-
Inception DateSep 26, 2012
-
Shares Outstanding2601714
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSaket 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
- Energy Transfer LP 5.97%
- PBF Logistics LP 5.35%
- CoreSite Realty Corp 4.44%
- Clearway Energy Inc Class C 4.24%
- Southwestern Energy Company 7.75% 4.17%
- Dominion Energy Inc 4.12%
- Sunoco LP 4.11%
- TC Energy Corp 3.93%
- Crown Castle International Corp 3.77%
- 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
Date | Amount | Type |
---|---|---|
Jun 28, 2019 | $0.137 | OrdinaryDividend |
May 31, 2019 | $0.547 | OrdinaryDividend |
Apr 30, 2019 | $0.547 | OrdinaryDividend |
Mar 29, 2019 | $0.547 | OrdinaryDividend |
Feb 28, 2019 | $0.137 | OrdinaryDividend |
Jan 31, 2019 | $0.137 | OrdinaryDividend |
Dec 31, 2018 | $0.137 | OrdinaryDividend |
Nov 30, 2018 | $0.137 | OrdinaryDividend |
Oct 31, 2018 | $0.137 | OrdinaryDividend |
Sep 28, 2018 | $0.137 | OrdinaryDividend |
Aug 31, 2018 | $0.137 | OrdinaryDividend |
Jul 31, 2018 | $0.137 | OrdinaryDividend |
Jun 29, 2018 | $0.137 | OrdinaryDividend |
May 31, 2018 | $0.137 | OrdinaryDividend |
Apr 30, 2018 | $0.137 | OrdinaryDividend |
Mar 29, 2018 | $0.137 | OrdinaryDividend |
Feb 28, 2018 | $0.137 | OrdinaryDividend |
Jan 31, 2018 | $0.137 | OrdinaryDividend |
Dec 29, 2017 | $0.137 | OrdinaryDividend |
Nov 30, 2017 | $0.137 | OrdinaryDividend |
Oct 31, 2017 | $0.137 | OrdinaryDividend |
Sep 29, 2017 | $0.137 | OrdinaryDividend |
Aug 31, 2017 | $0.137 | OrdinaryDividend |
Jul 31, 2017 | $0.137 | OrdinaryDividend |
Jun 30, 2017 | $0.137 | OrdinaryDividend |
Feb 17, 2017 | $0.410 | OrdinaryDividend |
Dec 23, 2016 | $0.410 | OrdinaryDividend |
Sep 23, 2016 | $0.410 | OrdinaryDividend |
Jun 17, 2016 | $0.410 | OrdinaryDividend |
Feb 18, 2016 | $0.410 | OrdinaryDividend |
Dec 23, 2015 | $0.410 | OrdinaryDividend |
Sep 23, 2015 | $0.410 | OrdinaryDividend |
Jun 17, 2015 | $0.410 | OrdinaryDividend |
Mar 17, 2015 | $0.410 | OrdinaryDividend |
Dec 23, 2014 | $0.410 | OrdinaryDividend |
Sep 23, 2014 | $0.410 | OrdinaryDividend |
Jun 20, 2014 | $0.410 | OrdinaryDividend |
Mar 20, 2014 | $0.410 | OrdinaryDividend |
Sep 20, 2013 | $0.410 | OrdinaryDividend |
Jun 20, 2013 | $0.410 | OrdinaryDividend |
Mar 20, 2013 | $0.410 | OrdinaryDividend |
Dec 21, 2012 | $0.250 | OrdinaryDividend |
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 |