Director Andrea Mullins increased her stake in NXG NextGen Infrastructure Income Fund with the acquisition of 155 common shares on February 6, 2026. The shares were bought at $51.30 apiece, producing a total transaction value of $7,951.
Following the purchase, Mullins holds 1,019.1084 shares directly. That total includes 9.1084 shares obtained through an Automatic Dividend Reinvestment Plan (DRIP).
At the time of the transaction NXG shares were trading near their 52-week high of $53.38, with a quoted price of $52.07. The fund carries a market capitalization of $188.75 million and has produced a 19.27% total return over the past year.
NXG markets itself as an income-oriented vehicle, currently offering a 12.63% dividend yield. According to InvestingPro data cited in the announcement, the fund has sustained dividend payments for 15 consecutive years and generally exhibits low price volatility.
At-the-market offering announced
In a separate disclosure, NXG NextGen Infrastructure Income Fund revealed it has entered a distribution agreement with Foreside Fund Services, LLC to conduct an at-the-market equity offering. Under the arrangement the fund may offer and sell up to 1,600,000 common shares of beneficial interest, each with a par value of $0.001, through periodic transactions classified under SEC Rule 415.
The fund specified that the minimum sale price for any of these common shares will not be lower than the current net asset value (NAV) per share plus the per-share commission payable to the distributor. The announcement frames the program as a means to expand the fund's financial resources and manage capital.
NXG's disclosure frames the at-the-market facility as a strategic measure to support capital management and potentially enhance shareholder value. The filing also notes that investors may consider the offering significant because of its potential to affect the fund's future financial performance.
What the filings show
- Insider purchase: 155 common shares at $51.30 on Feb. 6, 2026; total $7,951.
- Post-transaction holdings: Mullins directly owns 1,019.1084 shares, including 9.1084 through a DRIP.
- At-the-market offering: up to 1,600,000 common shares to be sold via Foreside under SEC Rule 415; minimum sale price set at NAV plus distributor commission.
This report conveys the transactions and filings as presented in the company's disclosures and third-party data referenced in the announcement.