#nxg Tech News.
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AISeeking Alphaabout 3 hours ago
NXG Fund Gains From AI and Electrification TrendsNXG NextGen Infrastructure Income Fund continues to benefit from AI data center buildout and grid electrification. The fund trades at a 4.8% discount to NAV, yields 12.5% with monthly distributions, and recently raised its payout by 11%. A recent rights offering raised $90 million, but the current price sits below the subscription price.
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