NXG NextGen Infrastructure Income Fund Common Shares of Beneficial Interest (NXG)
Competitors to NXG NextGen Infrastructure Income Fund Common Shares of Beneficial Interest (NXG)
Cohen & Steers Infrastructure Fund, Inc. UTF -5.50%
Cohen & Steers Infrastructure Fund (UTF) competes directly with NXG NextGen Infrastructure by investing primarily in global infrastructure-related companies, which can include utilities, energy, and telecommunications. UTF emphasizes a diversified portfolio with a strong focus on yield generation for its investors. The fund is well-regarded for its expertise in identifying high-quality, income-producing infrastructure assets. Its reputation and established management team give it a slight edge in terms of investor trust and credibility, allowing it to attract a larger investor base.
Global X SuperDividend REIT ETF
Global X SuperDividend REIT ETF specializes in generating high income through investments in Real Estate Investment Trusts (REITs), which can compete with NXG's infrastructure-focused strategy by targeting a different segment of income-seeking investors. Although they operate in somewhat different asset classes, both funds attract investors interested in reliable yield. Global X's focus on REITs provides it with a competitive advantage in sectors like healthcare and residential properties, potentially appealing to a diverse set of investors looking for diversification.
Harris Associates Equity Income Fund
Harris Associates Equity Income Fund competes by investing in a diversified portfolio of equity securities with a focus on value and income generation. While it doesn't specialize in infrastructure, its strong track record and fundamental approach attract a similar demographic of income-focused investors. The firm's investment philosophy emphasizes the selection of companies with strong fundamentals, which can sometimes overlap with infrastructure stocks, creating competitive tension. However, NXG's specific focus on infrastructure might give it an edge in expertise and asset selection in that niche.
iShares Global Infrastructure ETF
iShares Global Infrastructure ETF aims to provide broad exposure to the global infrastructure sector, investing in companies involved in airports, utilities, and other essential services. This ETF competes with NXG NextGen Infrastructure by offering investors a cost-effective way to gain diversified exposure to high-quality infrastructure assets. Its advantages include a well-established brand and significant assets under management, which allow for lower fees and greater liquidity, making it an attractive choice for many institutional and retail investors looking for infrastructure exposure.