NXG Insider Jerry V Swank Buys $439K of Stock

Jerry V Swank, who acts as a limited partner and control person of the investment adviser, purchased 10,000 shares of NXG NextGen Infrastructure Income Fund on October 23, 2026. According to a Form 4 filing with the SEC, the shares were acquired at an average price of $43.95 for a total value of $439,493. The purchase lifted his direct holdings to 55,200 shares, marking a 22.12% increase in his stake.

NXG NXG NextGen Infrastructure Income Fund

$44.41 ▼ -3.25% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Inside Jerry V Swank's NXG NextGen Infrastructure Income Fund Trade

The transaction on October 23, 2026, followed other recent insider activity at the fund, including a purchase by CFO Blake Nelson on the same day. Swank's trade was executed in the open market and brings his total ownership inside the closed-end fund to 55,200 shares. 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 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 added 2,908 shares for a 5.0% increase, ending with 61,418 shares valued at 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 stock recently traded around $44.41 on October 23, 2026, which was right around its closing price of $44.41 on the day of Swank's trade. Shares trade below both their 50-day moving average of $55.23 and their 200-day moving average of $55.91. The stock sits closer to its 52-week low of $43.59 than its 52-week high of $65.78.

Recent Earnings

For the trailing twelve months, the fund reported earnings of $22.30 per share.

Dividend

The fund pays an annual dividend rate of $7.20 per share, which translates to a dividend yield of 16.42%. Its dividend payout ratio stands at 27.6%.

Insider Buying and Selling at NXG NextGen Infrastructure Income Fund

Insiders have been active in the stock over the past few months. Director John H Alban sold 500 shares on July 20, 2026, at $59.02 and another 500 shares on August 24, 2026, at $55.24. Portfolio manager Todd Sunderland bought 1,000 shares on October 19, 2026, at $46.50. CFO and Treasurer Blake Nelson bought 900 shares on October 23, 2026, at $43.98.

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 focuses on companies across the energy supply chain, including upstream, midstream, and downstream operations, along with energy-related logistics, manufacturing, and construction businesses based in Dallas, Texas.

Bottom Line

Swank's purchase adds to a recent pattern of insider buying by fund managers and executives as the shares trade near their 52-week lows. Investors will monitor upcoming filings to see if management continues adding to their positions.