NXG NextGen Infrastructure Income Fund owns equity and debt tied to infrastructure businesses. Cash from those holdings is one part of the picture; gains and changes in infrastructure valuations can be just as important to the shareholder result.
Business
Infrastructure and utilities CEF
Listing
NXG · New York Stock Exchange
Reporting period
2026-05-31
Dividend schedule
Monthly
How the business works
Holding dividends and interest after expenses contribute to net investment income. Realized results and changing security values affect a managed distribution and net asset value separately.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income-$0.30
Dec 1, 2025 to May 31, 2026
-$0.30$0.00
Distribution yield12.81%Sourced distributions divided by dated market priceReported annual income yield-0.85%Reported net investment income $-0.4300 per share for 2024-12-01 to 2025-11-30, divided by approved 2025-11-28 market price $50.3100. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$-0.43Per share for 2025 FY. Excludes investment gains.Annual dividend$7.20Current regular payment annualized per share
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read NXG income
Portfolio dividends and interest provide income after expenses. Investment gains may also contribute to distributions.
Watch company dividend changes, interest rates and borrowing costs. Read cash payments together with NAV to judge the effect on capital.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Portfolio dividends and interest provide income after expenses. Investment gains may also contribute to distributions.
Fund net investment income per common share; actual reporting period, not annualized−$0.3000
$-0.30$0.00
For the six months ended May 31, 2026, NXG reported a $0.30 net investment income loss and $3.24 of distributions per share. Net asset value rose from $50.52 to $63.04. The stronger ending value is meaningful context, but it does not identify the cash payment's tax character or make a negative income line a coverage measure.
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
The portfolio information checked September 11, 2026 reports effective leverage of 31.44%.
Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.
NXG NextGen Infrastructure Income Fund reported $-0.3000 per share for 2025-12-01 through 2026-05-31, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in utilities and infrastructure securities can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Read the next like-length investment result and cash paid with the company's payment components and net asset value.
Net asset value (NAV)
NAV per share$54.24Sep 29, 2026Market price$54.22Sep 29, 2026PREMIUM / DISCOUNT TO NAV0.04% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Read the next like-length investment result and cash paid with the company's payment components and net asset value.
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U.S. federal · Tax year 2025
Dividend tax treatment
NXG paid $6.48 per share in 2025. Based on the company's January-November tax form and its December estimate, about 90.73% may be return of capital.
Total ordinary dividends
Not confirmed
Qualified dividends
Not confirmed
Capital-gain distributions
Not confirmed
Return of capital
90.73%
This 2025 estimate gives you a useful sense of where the cash may land for tax purposes. It may differ from the final forms. Think of it as a guide to the year, then use your own tax statement for the final split.
The company calls this breakdown an estimate. This is a Fly High estimate for all twelve 2025 payments, not a final annual tax breakdown. The company reported $0.53447463 return of capital on each of eleven $0.54 payments from January through November in Form 8937. Its December 2, 2025 announcement estimated 0% return of capital on the $0.54 December 31 payment. The December figure may change; other tax categories are not confirmed. The two company documents are kept in our source record. Your Form 1099-DIV may show a different final mix. See the company's estimate.
Tax year: 2025. Total distributions: $6.48 per share.
Tax details and source
Total ordinary dividends (includes qualified)
Not confirmed
Section 199A portion (within ordinary dividends)
Not confirmed
Exempt-interest distributions
Not confirmed
Reporting form
Form 1099-DIV
Source date
2026-02-20
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
