SRV CEF — NXG Cushing Midstream Energy Fund

NXG Cushing Midstream Energy Fund (SRV)

SRV is a CEF. its distribution rate is 13.50%, its trailing-12-month yield is 17.41%, its expense ratio is 2.84%. Dividend Vision Distribution Safety Score™ is 58/100 (Caution). Total return is -0.4% over the past 19.1 years, 648.7 points behind SPY at 648.3%.

At the current 13.50% distribution rate, a $10,000 investment would generate approximately $1,350 per year, or $112.50 per month.

SRV performance versus SPY

Price and return data through 2026-09-21.

Total return is -0.4% over the past 19.1 years, 648.7 points behind SPY at 648.3%. Over the past year its total return — price change plus distributions reinvested — is 18.5%. Its deepest 1-year drawdown was 13.1%.

SRV key facts

Distribution Safety Score™

58 · Caution

Safety-Adjusted Yield

7.83%

Issuer

Cushing Asset Management

Asset type

CEF

Asset class

Equity

Inception date

08/27/2007

Expense ratio

2.84%

Distribution rate

13.50%

Distribution frequency

Monthly

Trailing yield

17.41%

5-year average yield

10.39

Last close

$44.45 (as of 2026-09-21)

NAV

$44.34

Premium / discount

0.25% premium

Market cap

$277,117,984

Average volume

51799.0

Next dividend

$0.50

Next ex-dividend date

10/15/2026

Next payment date

10/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (13.50%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (17.41%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Cushing Asset Management or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SRV risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 13.1%.

Who may consider SRV — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Cushing Asset Management.