DALLAS, Oct. 21,
2022 /PRNewswire/ -- The Cushing® NextGen Infrastructure
Income Fund (NYSE: SZC, the "Fund") announced a change to the
Fund's name. Effective as of November 1,
2022, the Fund's name will be NXG NextGen Infrastructure
Income Fund. In connection with its name change, the New York Stock
Exchange ticker symbol of the Fund's common shares will change from
"SZC" to "NXG." The CUSIP for the Fund's common shares will remain
231647207 following the name and ticker change.
Current
Name
|
Current NYSE
Symbol
|
New
Name
|
New NYSE
Symbol
|
The Cushing®
NextGen
Infrastructure Income Fund
|
SZC
|
NXG NextGen
Infrastructure
Income Fund
|
NXG
|
In connection with the name change, there will be no change to
the Fund's investment adviser, the portfolio management personnel
primarily responsible for the day to day management of the Fund's
portfolio, or the Fund's investment objective and investment
strategies.
About Cushing® Asset Management
Cushing is an SEC-registered
investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to
affiliated funds and managed accounts. Cushing is doing business as NXG Investment
Management providing Next Generation investment strategies to
investors seeking long-term growth in companies focused on a clean
and sustainable future as well as traditional and transformational
infrastructure companies.
Contact:
Blake
Nelson
Cushing® Asset
Management, LP
214-692-6334
www.nxgim.com
www.cushingcef.com
IMPORTANT INFORMATION
This press release does not constitute an offer to sell
securities of the Fund and it is not soliciting an offer to buy
securities of the Fund, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
There can be no assurance that the Fund will achieve its
investment objectives. Investments in the Fund involve operating
expenses and fees. The individual net asset value of the Fund will
fluctuate with the value of the underlying securities. It is
important to note that closed-end funds trade on their market
value, not net asset value, and closed-end funds often trade at a
discount to their net asset value. Past performance is not
indicative of future performance. An investment in the Fund is
subject to investment risk, including the possible loss of the
entire amount that you invest. See www.cushingcef.com for a
detailed discussion of Fund-specific risks.
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SOURCE Cushing® Asset Management, LP