NXG Cushing Midstream Energy Fund approves new advisory agreement after change of control of adviser

NXG Cushing Midstream Energy Fund

Shareholders approved new investment advisory agreement with Cushing Asset Management, LP at July 10, 2026 annual meeting.
NXG Cushing, LLC acquired 62% interest in Adviser from Jerry V. Swank, becoming general partner and triggering change of control.
New advisory agreement has same terms as prior: 1.25% annual fee on Average Weekly Managed Assets, with 0.25% waiver through Feb 1, 2027.
Trustees Brian R. Bruce and John H. Alban elected as Class I Trustees until 2029 annual meeting.

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