CEF Advisors AICA Event NAVigator Podcast

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Cushing NextGen Infrastructure Income Fund (SZC)

Specialty Equity Funds - Energy Natural Resources Funds

Data as of Aug. 12, 2022
Market Price $44.94 (+ $0.36)
NAV (Aug. 12, 2022) $58.87 (+ $0.88)
Fund Listed NYSE
Premium / Discount -23.66% (-0.54%)
Fund Info
Inception Sept. 26, 2012
Sponsor Cushing MLP Asset Management
Website www.cushingcef.com/cus...
Phone 214-635-1660
Location Texas
Incorporated Delaware
Staggered Board Yes
Objective: High total return with an emphasis on current income; Infrastructure related companies
Related Indexes
Tax-Advantaged Equity Dividend Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 2,601,714
Total Assets (Reported: May 31, 2022) $192M
Estimated Total Assets $206M
Net Assets $153M
Market Cap $117M
Portfolio Turnover 125.80%
Total Leverage 25.58%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.38%
Non Lev Exp Ratio 1.87%
Rel Lev Cost 1.47%
Discount Data
Average Discount (3 Yr) -18.94%
Discount Low(3 Yr) -42.08%
Discount High(3 Yr) -8.53%
Discount Rel Range 54.90%
Comp Discount -10.44
Discount St Dev (1Yr) 3.46
Z-Stat (6mo) -1.15
Z-Stat (1Yr) -1.64
Z-Stat (3Yr) -0.87
Comp Z-Stat (6mo) -0.83
Comp Z-Stat (3Yr) -0.74
Distribution Data
Market Yield 5.69%
Income Yield 1.59%
Lev Adj NAV Yield 3.46%
Distribution Frequency M
Current Distribution $0.213
Current Income $0.060
Ex-Date 8/15/22
Payable Date 8/31/22
Div Growth (3yr) -61.01%
Dividend Change -61.0% on 6/1/20
Expected Div 9/1/22
RoC (1yr) 85.00%
RoC (3yr) 77.85%
Tax Dividend Data 2021 2019 - 2021
Income 8.3% 11.7%
ST Gains 0% 0%
QDI 2.6% 6.2%
LT Gains 0% 13.4%
RoC 91.7% 74.9%
Volume & Liquidity
Average Daily $ (K) $323
Avg Volume 30 day 5,108
Avg Volume 90 day 7,177
Volume Trend -28.83%
Comp Volume Trend -14.94%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Equity Income Index
Most Correlated Peer (Mk Pr): NRGX 79.0%
NAV - Price Correlation (30 d) 99.5%
NAV - Price Correlation (90 d) 93.9%
NAV - Price Correlation (1 Yr) 84.9%
Price St Dev (1Yr) 30.0%
NAV St Dev (1Yr) 29.5%
Earnings / Share (5/31/22) $-0.020
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (5/31/22) $-0.498
Rel UNII -69.46
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Equity Income Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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