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NXG Cushing Midstream Energy Fund SRV

NXG Cushing Midstream Energy Fund, formerly The Cushing MLP & Infrastructure Total Return Fund, is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high after-tax total return from a combination of capital appreciation and current income. The Fund will pursue its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments. It considers midstream energy investments to be investments that offer economic exposure to securities of midstream energy companies, which are companies that provide midstream services in the energy infrastructure sector, including the gathering, transporting, processing, fractionation, storing, refining and distribution of natural resources, such as natural gas, natural gas liquids, biofuels, carbon sequestration and others. Its investment advisor is Cushing Asset Management, LP.


NYSE:SRV - Post by User

Post by ORCHon Feb 11, 2004 11:44pm
344 Views
Post# 7044666

RE: STEI NASDAQ

RE: STEI NASDAQ I sold my stei in nov. and bought srv. Since then srv has appreciated a little more $2 a share and stei a little less than $2. My reasoning was that there was a couple of insiders buying shares in the $4.80 range. Also srv had fallen more from its 1999 highs than had stei. The settlement of the law suits in dec has also help srv Holding either one of these companies for the last year has been a very good investment. Good luck with your decision ORCH
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