Tortoise Essential Assets Income Term Fund

The full company name is Ecofin Sustainable and Social Impact Term Fund.

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Nov. 29, 2024, the company's unaudited total assets were approximately $692.4 million and its unaudited net asset value was $562.2 million, or $52.23 per share.

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 29, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) OVERLAND PARK, KS / ACCESSWIRE / November 4, 2024 / Tortoise Capital announced distributions declared by its closed-end funds. Tortoise Capital closed-end funds distribution details are as follows: Fund Ticker Distribution Amount Distribution Target of Average NAV Distribution Frequency Tortoise Energy Infrastructure Corp. TYG $0.78 7%-10% Quarterly Tortoise Midstream Energy Fund, Inc. NTG $0.81 7%-10% Quarterly Tortoise Pipeline & Energy Fund, Inc. TTP $0.59 7%-10% Quarterly Tortoise Energy Independence Fund, Inc. NDP $0.63 7%-10% Quarterly Tortoise Power and Energy Infrastructure Fund, Inc. TPZ $0.105 7%-10% Monthly Tortoise Sustainable and Social Impact Term Fund TEAF $0.09 6%-8% Monthly TYG, NTG, TTP, NDP and TPZ distributions are payable on Nov. 29, 2024, to shareholders of record on Nov. 22, 2024.

Tortoise Capital Announces Closed-End Fund Distributions

OVERLAND PARK, KS / ACCESSWIRE / November 1, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Oct. 31, 2024, the company's unaudited total assets were approximately $615.4 million and its unaudited net asset value was $492.6 million, or $45.76 per share.

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

OVERLAND PARK, KS / ACCESSWIRE / October 25, 2024 / Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) third quarter 2024 commentary is now available. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests.

Tortoise Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary

BNY Mellon High Yield Strategies Fund 

Flaherty & Crumrine Total Return Fund Inc

John Hancock Tax-Advantaged Dividend Income Fund

New American High Income Fund

NextEra Energy

Nuveen AMT-Free Municipal Value Fund

Utilities Select Sector SPDR Fund

The broader market indexes continue to hit all-time highs, with broader participation continuing into September. Every month, I add to my positions in my closed-end fund portfolio to grow my cash flow month after month. The main theme this month, which has been most of the theme this year, was adding to funds that should benefit from a lower rate environment.

5 Closed-End Fund Buys In The Month Of September 2024

OVERLAND PARK, KS / ACCESSWIRE / October 1, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Sept.

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF

Changes Follow Previous Agreement to Sell Ecofin Advisors Limited, UK-based affiliate OVERLAND PARK, Kan. , Sept. 19, 2024 /PRNewswire/ -- Tortoise Capital Advisors, L.L.C.

Tortoise Capital to Rename Ecofin Global Water ESG Fund and Ecofin Sustainable and Social Impact Term Fund, Replacing Ecofin Name with Tortoise

Tortoise Capital has been restructuring its business with the announcement of selling off some assets that don't fit its traditional energy-focused platform. TEAF is one of their more unique offerings, given the private investments in renewables, which doesn't necessarily fit with the new platform focus of Tortoise overall. Activist investors like Saba Capital Management have been pushing for changes successfully in the Tortoise CEF suite, and TEAF appears to be next up for potential shake-ups.

TEAF: Weak Performance History But Transformation May Be On The Horizon

OVERLAND PARK, KS / ACCESSWIRE / September 3, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for closed-end fund Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of Aug. 30, 2024, the company's unaudited total assets were approximately $229.0 million and its unaudited net asset value was $202.8 million, or $15.03 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of July 31, 2024, the company's unaudited total assets were approximately $221.0 million and its unaudited net asset value was $200.8 million, or $14.89 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024

OVERLAND PARK, KS / ACCESSWIRE / July 29, 2024 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) second quarter 2024 commentary is now available. The commentary piece highlights fund performance of the public and direct investments in the essential asset sectors in which the fund invests.

Ecofin Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary

OVERLAND PARK, KS / ACCESSWIRE / July 1, 2024 / The following preliminary unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of June 28, 2024, the company's unaudited total assets were approximately $226.6 million and its unaudited net asset value was $196.9 million, or $14.59 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 28, 2024

Adams Diversified Equity Fund

Blackrock ESG Capital Allocation Trust

FS Credit Opportunities Corp

BlackRock Municipal Income Fund

Adams Natural Resources Fund Inc

Royce Global Value

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today commented on the outcome of the appeal brought in the United States Court of Appeals for the Second Circuit (the “Appellate Court”) by the BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Municipal Income Fund (NYSE: MUI), Royce Global Value Trust (NYSE: RGT), Tortoise Midstream Energy Fund (NYSE: NTG), Tortoise Energy Independence Fund (NYSE: NDP), Tortois.

U.S. Court of Appeals for the Second Circuit Reaffirms Ruling That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940

OVERLAND PARK, KS / ACCESSWIRE / June 3, 2024 / The following preliminary unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of May 31, 2024, the company's unaudited total assets were approximately $221.8 million and its unaudited net asset value was $200.2 million, or $14.84 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024

OVERLAND PARK, KS / ACCESSWIRE / May 8, 2024 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced its monthly distribution of $0.09 per share. This distribution falls within the managed distribution target range of 6-8% of the Fund's trailing average NAV.

Ecofin Sustainable and Social Impact Term Fund (TEAF) Announces its Upcoming Monthly Distributions

OVERLAND PARK, KS / ACCESSWIRE / May 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of April 30, 2024, the company's unaudited total assets were approximately $205.8 million and its unaudited net asset value was $194.3 million, or $14.40 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 30, 2024

OVERLAND PARK, KS / ACCESSWIRE / April 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of March 28, 2024, the company's unaudited total assets were approximately $225.2 million and its unaudited net asset value was $199.9 million, or $14.82 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 28, 2024

OVERLAND PARK, KS / ACCESSWIRE / March 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of February 29, 2024, the company's unaudited total assets were approximately $220.2 million and its unaudited net asset value was $196.2 million, or $14.55 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 29, 2024

Cornerstone Strategic Value Fund Inc

Flaherty & Crumrine Dynamic Preferred & Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Miller/Howard High Income Equity Fund

Western Asset Investment Grade Income Fund

SPDR S&P 500 ETF Trust

January saw some mixed results in terms of sector performance, with real estate returning some of the gains they saw in the previous couple of months.

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

OVERLAND PARK, KS / ACCESSWIRE / February 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of January 31, 2024, the company's unaudited total assets were approximately $227.6 million and its unaudited net asset value was $197.7 million, or $14.66 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of January 31, 2024

OVERLAND PARK, KS / ACCESSWIRE / January 30, 2024 / Today Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced the tax characterization of 2023 distributions paid to its common stockholders. 2023 Tax Characterization of Distributions For tax purposes, TEAFs' 2023 distributions were characterized as 31% qualified dividend income, 2% as ordinary income and 67% return of capital.

TEAF Announces 2023 Fund Tax Characterization of Distributions, Release of Annual Report

Ecofin Sustainable and Social Impact Term Fund is trading at a substantial discount of around 24% to its net asset value per share. The fund has a unique focus on infrastructure, including not only your traditional MLPs and pipeline companies but also education and senior living facilities. TEAF's performance hasn't been great, but the current discount presents an enticing opportunity, and the monthly distribution can make it easy to hold.

TEAF: Discount Widens Substantially, Making This An Interesting Speculative Bet

OVERLAND PARK, KS / ASCCESSWIRE / January 2, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of December 29, 2023, the company's unaudited total assets were approximately $231.0 million and its unaudited net asset value was $202.5 million, or $15.01 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 29, 2023

OVERLAND PARK, KS / ACCESSWIRE / December 1, 2023 / The following preliminary unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of November 30, 2023, the company's preliminary unaudited total assets were approximately $225.0 million and its preliminary unaudited net asset value was $200.2 million, or $14.84 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 30, 2023

OVERLAND PARK, KS / ACCESSWIRE / November 1, 2023 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF). As of October 31, 2023, the company's unaudited total assets were approximately $227.8 million and its unaudited net asset value was $197.4 million, or $14.63 per share.

News for Tortoise Essential Assets Income Term Fund ETF (TEAF)