Todd Sunderland, chief operating officer of NXG NextGen Infrastructure Income Fund (NYSE:NXG), purchased 2,000 shares of the fund’s common stock on March 10, 2026, in a single transaction valued at $105,320. The shares were acquired at prices ranging between $51.96 and $52.78 per share.
At the time of the disclosure the fund’s shares were trading at $53.82, a level close to the 52-week high of $55.64. Over the past 12 months the stock has recorded a 26% return.
Following the March 10 purchase, Sunderland’s direct ownership totals 2,409.16 shares. That total includes 27.996 shares he acquired through an Automatic Dividend Reinvestment Plan (DRIP). In addition to his direct holdings, Sunderland indirectly holds 1,099.32 shares through immediate family members; that figure includes 48.442 shares later obtained through an Automatic Dividend Reinvestment Plan (DRIP).
Separately, NXG NextGen Infrastructure Income Fund has initiated an at-the-market equity offering under a distribution agreement with Foreside Fund Services, LLC. Under the terms disclosed, the fund may offer and sell up to 1,600,000 common shares of beneficial interest, each with a par value of $0.001. These shares may be sold through Foreside in transactions classified as "at the market" under SEC Rule 415.
The fund has set a floor for daily sales, stipulating that the minimum sale price for any common shares on a given day will not be less than the current net asset value per share plus the per-share commission payable to the distributor. The fund described this move as part of a strategy to enhance its capital structure.
Additional metrics noted in related disclosures show the fund provides a dividend yield of 12.23%. According to InvestingPro, NXG has maintained dividend payments for 15 consecutive years, and the InvestingPro platform lists four additional ProTips and comprehensive financial metrics for users who access the service.
The insider purchase and the at-the-market offering were disclosed in company filings. The factual details above summarize the transactions and the fund’s financing action as reported in those disclosures.