OVERLAND PARK, KS / ACCESS Newswire / August 1, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 31, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset valu...
OVERLAND PARK, KS / ACCESS Newswire / July 30, 2025 / Tortoise Capital today announced the release of the combined 2025 semi-annual stockholders' report for the Tortoise Energy Infrastructure Corp. (NYSE:TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF). The semi-annual report is available online at cef.tortoisecapital.com.
Tortoise Energy Infrastructure Corporation offers a high 10.22% yield by investing in midstream energy equities, providing inflation protection and superior income to bonds. The fund's recent performance lagged the S&P 500 due to weak oil and gas prices, but it still delivered a solid 7.24% total return since March 2025. The fund appears to have lost considerable amounts of money due to bad inv...
OVERLAND PARK, KS / ACCESS Newswire / July 1, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of June 30, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset value ...
OVERLAND PARK, KS / ACCESS Newswire / June 2, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 30, 2025, the company's unaudited total assets were approximately $969.2 million and its unaudited net asset value...
TYG trades at a 9.4% discount to its NAV, narrower than historical averages, offering potential for price appreciation as market sentiment improves in the energy infrastructure sector. With a 10.7% distribution rate, TYG is a compelling choice for income-focused investors, though reliance on return of capital requires monitoring for sustainability. TYG's diversified exposure to natural gas (57%...
Midstream energy CEFs have underperformed expectations, due to global economic uncertainty, falling oil prices, and recent tariff concerns. Most funds (EMO, KYN, SRV) are rated Hold, due to narrowing discounts, declining NAVs, and ongoing volatility in energy demand. NML stands out with a wider-than-average discount and rebounding NAV, making it a potential Buy, but short-term risks remain.
OVERLAND PARK, KS / ACCESS Newswire / May 14, 2025 / 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 Frequency Tortoise Energy Infrastructure Corp. TYG $0.365 Monthly Tortoise Sustainable and Social Impact Term Fund TEAF $0.090 Monthly TYG and TEAF month...
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