SRV: High Yielding Infrastructure Case That Has To Be Avoided [Seeking Alpha]
NXG Cushing Midstream Energy Fund Common Shares of Beneficial Interest (SRV)
US:NYSE Investor Relations:
cushingcef.com/cushing-mlp-total-return-fund
Company Research
Source: Seeking Alpha
6.76K Follower s Follow Play 8min Summary In the past year, I have been actively covering the midstream market with a focus on high and durable income plays. Many followers have shown an interest in SRV, which is a midstream infrastructure CEF, offering 11.5% in yield. The potential attractiveness stems from its juicy yield, diversification and reducing interest rate effects on its external leverage component. Yet, looking deeper in the fundamentals, I have to conclude that this is not a great substitute for a sound individual MLP pick. I explain this situation in greater detail below. ma li/iStock via Getty Images NXG Cushing Midstream Energy Fund (NYSE: SRV ) is a closed end fund with a strategy to invest in midstream infrastructure in order to, primarily, deliver very attractive current income streams to its unitholders. It is a relatively small CEF as it carries just This article was written by Roberts Berzins, CFA 6.76K Follower s Follow Roberts B
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SRV
News
- NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces the Preliminary Results of its Rights OfferingPR Newswire
- SRV: Still Looking Like A Solid Midstream Investment [Seeking Alpha]Seeking Alpha
- NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces Terms of Rights Offering and Announces December Monthly DistributionPR Newswire
- NXG Cushing® Midstream Energy Fund (NYSE: SRV) Announces DistributionsPR Newswire
SRV
Sec Filings
- 11/8/24 - Form 3
- 10/24/24 - Form 8-K
- 10/24/24 - Form 424B2
- SRV's page on the SEC website