Sit Investment Associates Inc. Fully Exits Position in NXG Cushing Midstream Energy Fund (SRV)

Sit Investment Associates, Inc. (SIA) and its subsidiary, Sit Fixed Income Advisors II, LLC (SFI), filed a Schedule 13G/A on June 5, 2026, regarding their holdings in NXG Cushing Midstream Energy Fund (SRV). The amendment indicates that the filers have fully exited their position in the company's common stock as of the event date of April 1, 2026. Both reporting persons now report beneficial ownership of zero shares, representing 0.0% of the class. SIA and SFI, both registered investment advisers, previously held these shares in various client accounts and disclaimed beneficial ownership except to the extent of their shared voting and investment power. The filing confirms that they have ceased to be beneficial owners of more than five percent of the class of securities. The securities were originally held in the ordinary course of business and not for the purpose of influencing or changing control of the issuer.