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Stock impact report

Rinse And Repeat While Another NXG Rights Offering Nears Expiration [Seeking Alpha]

NXG Cushing Midstream Energy Fund Common Shares of Beneficial Interest (SRV) 
Company Research Source: Seeking Alpha
The two funds, SRV and NXG, have been in the right place at the right time by investing in companies that are taking advantage of the Trump administration's push for more US energy sources and production. Throw in artificial intelligence, which will have its energy needs in the years ahead, and the energy infrastructure space looks to be a safe investment. In fact, the only scenarios that could derail this energy bonanza for the NXG funds are a) a recession and b) more SRV and NXG Rights Offerings. What are Rights Offerings? We'll get into that below, but just know that they're usually temporary setbacks, giving nimble investors an opportunity to buy shares at lower valuations. Looking for more investing ideas like this one? Get them exclusively at CEFs: Income + Opportunity. Learn More » Douglas Rissing/iStock via Getty Images Let's first compare the performances of the NXG NextGen Infrastructure Income Fund ( NXG $52.44 closing market price , and the NXG Cushing Midstre Show less Read more
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