# NXG Cushing Midstream Energy Fund (SRV): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/srv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2007-09-04 NXG Cushing Midstream Energy Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. NXG Cushing Midstream Energy Fund was formed on May 23, 2007 and is domiciled... ## Key Facts | Metric | Value | |---|---| | Price | $38.14 | | Expense Ratio | 4.32% | | Assets Under Management | $237.8M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 20.42% | | Annual Distribution (TTM) | $7.79 /share | | Distribution Frequency | Monthly | | 52-Week Range | $37.56 – $51.54 | | Beta | 0.65 | ## Latest Distribution - Amount: $0.5000 /share - Ex-date: 2026-11-16 - Pay date: 2026-11-30 ## Frequently Asked Questions ### What does SRV invest in? NXG Cushing Midstream Energy Fund is a closed-ended balanced mutual fund launched by Swank Capital, LLC. The fund is managed by Swank Energy Income Advisors L.P. It invests in the public equity and fixed income markets across the globe with a focus in United States. The fund typically invests in MLPs, Other Natural Resource Companies, and global commodities. It primarily invests in the securities of MLPs, other equity securities, debt securities, and securities of non-U.S. issuers employing a fundamental analysis. NXG Cushing Midstream Energy Fund was formed on May 23, 2007 and is domiciled in Dallas. ### What is the expense ratio of SRV? NXG Cushing Midstream Energy Fund (SRV) charges an expense ratio of 4.32%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SRV? NXG Cushing Midstream Energy Fund (SRV) manages $237.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SRV actively managed or an index fund? SRV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was SRV launched? NXG Cushing Midstream Energy Fund (SRV) launched in September 2007 and is managed by the fund issuer. ### How has SRV performed? SRV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SRV pay a dividend? NXG Cushing Midstream Energy Fund (SRV) currently distributes little or no income. Trailing-twelve-month yield is 20.42%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SRV pay dividends? NXG Cushing Midstream Energy Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SRV's dividend yield? SRV's trailing-twelve-month yield is 20.42%, calculated from the sum of dividends over the past year divided by the current price. ### When is SRV's next ex-dividend date? The most recently announced ex-dividend date for SRV was 2026-11-16. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SRV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 4.32% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SRV charge its expense ratio? The expense ratio is deducted in tiny daily slices from SRV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SRV cost more than a fund like VOO? SRV's strategy (current expense ratio 4.32%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where SRV sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SRV? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SRV (4.32%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/srv - Distribution history: https://www.dividenddata.com/funds/srv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/srv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/srv/expenses - Peer comparison: https://www.dividenddata.com/funds/srv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.