NXG CFO & Treasurer Blake Nelson Buys $40K of Stock

NXG NextGen Infrastructure Income Fund (NXG) business photo

Key Points

  • Blake Nelson, CFO and Treasurer of NXG NextGen Infrastructure Income Fund, purchased 900 shares on October 23, 2026, for a total value of $39,582.
  • After the trade, Blake Nelson holds 1,948 $NXG shares, up 85.88% from before the trade.
  • The fund trades near its 52-week low at $44.41, sitting about 32.5% below its peak over the past year.
  • NXG NextGen Infrastructure Income Fund maintains an annual dividend rate of $7.20 per share with a dividend yield of 16.42%.

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Blake Nelson, Chief Financial Officer and Treasurer of NXG NextGen Infrastructure Income Fund NYSE: NXG, bought 900 shares of the company on October 23, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed at an average price of $43.98 per share, totaling $39,582.

NXG NXG NextGen Infrastructure Income Fund
$44.41 -3.25% year to date
Daily close · Oct 23, 2026
Insider trading track record

Blake Nelson vs. the S&P 500

YTD return -7.35% hypothetical
All-time return +14.99% S&P 500 +23.41%
vs. S&P 500 -8.42% behind the index

Hypothetical returns from Blake Nelson's disclosed trades, not real profit or advice. How we model this.

Inside Blake Nelson's NXG Trade

Following the open-market purchase, Nelson directly owns 1,948 shares of the fund. This acquisition expands his personal holdings by an 85.88% margin. The stock closed at $44.41 on the day of the transaction.

Other Institutional Activity in NXG NextGen Infrastructure Income Fund

Other large investors have also adjusted their positions in the fund recently. Jane Street Group, LLC grew its holdings by 91,774 shares, ending with 96,454 shares worth about $4,283,522. Fifth Third Bancorp held steady with 92,223 shares valued at about $4,095,623. Janney Montgomery Scott LLC grew its holdings by 21 shares, ending with 70,092 shares worth about $3,112,785. Corecap Advisors, LLC grew its holdings by 2,908 shares, ending with 61,418 shares worth about $2,727,573. Guggenheim Capital, LLC grew its holdings by 607 shares, ending with 58,985 shares worth about $2,619,523.

NXG NextGen Infrastructure Income Fund Stock Down 3.4%

The shares recently traded around $44.41 as of October 23, 2026. That level sits about 1.9% above the 52-week low of $43.59 and 32.5% below the 52-week high of $65.78.

Recent Earnings

The fund reported trailing-twelve-month earnings per share of $22.30.

Dividend

The fund pays an annual dividend rate of $7.20 per share, delivering a dividend yield of 16.42% alongside a dividend payout ratio of 27.6%.

Insider Buying and Selling at NXG NextGen Infrastructure Income Fund

Insiders have been active in the stock recently. CEO John M Musgrave bought 134 shares at $58.45 on May 7, 2026, totaling $7,832. Director John H Alban sold 500 shares at $59.02 on July 20, 2026, for $29,508, and sold another 500 shares at $55.24 on August 24, 2026, for $27,622. Portfolio Manager Todd Sunderland bought 1,000 shares at $46.50 on October 19, 2026, for $46,500.

About NXG NextGen Infrastructure Income Fund

NXG NextGen Infrastructure Income Fund is a closed-end equity mutual fund managed by Cushing MLP Asset Management, LP. The fund invests across the energy supply chain, focusing on upstream, midstream, and downstream operations, as well as related industrial, logistics, and engineering companies. Insider buying from key executives like Nelson brings additional focus to the fund's asset management strategies.

Bottom Line

Investors will continue monitoring insider transactions and institutional reports for further signs of sentiment. Watch for upcoming financial disclosures from the fund to track portfolio performance.

Source: Blake Nelson's Form 4 filing on $NXG (Oct 23, 2026). Written by software, not financial advice. How we make alerts

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