Tortoise Essential Assets Income Term Fund

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

OVERLAND PARK, KS / ACCESSWIRE / July 1, 2022 / 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 June 30, 2022, the company's unaudited total assets were approximately $249.1 million and its unaudited net asset value was $219.2 million, or $16.25 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2022

OVERLAND PARK, KS / ACCESSWIRE / June 1, 2022 / 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 May 31, 2022, the company's unaudited total assets were approximately $264.2 million and its unaudited net asset value was $232.6 million, or $17.24 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2022

TEAF has provided a cushion from the market blows this year as it has held up fairly well. Part of what has driven the performance relative to the broader markets is the weighting to energy, the best performing sector so far this year.

TEAF: Revisiting This Unique Fund

OVERLAND PARK, KS / May 2, 2022 / 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 29, 2022, the company's unaudited total assets were approximately $260.6 million and its unaudited net asset value was $232.1 million, or $17.21 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 29, 2022

Blackrock Health Sciences Trust

Calamos Strategic Total Return Fund

Investors received a bit of a reprieve in terms of losses as the market headed higher in March. I followed up February's 3 purchases with another 3 purchases for the month of March.

3 Closed-End Funds Bought In March 2022

OVERLAND PARK, KS / ACCESSWIRE / April 1, 2022 / 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 31, 2022, the company's unaudited total assets were approximately $263.1 million and its unaudited net asset value was $236.8 million, or $17.55 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2022

OVERLAND PARK, KS / ACCESSWIRE / March 1, 2022 / 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 28, 2022, the company's unaudited total assets were approximately $255.6 million and its unaudited net asset value was $231.5 million, or $17.16 per share.

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 28, 2022

OVERLAND PARK, Kan.--(BUSINESS WIRE)--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, 2022, the company's unaudited total assets were approximately $253.1 million and its unaudited net asset value was $229.0 million, or $16.97 per share. As of January 31, 2022, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebte

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of January 31, 2022

TEAF is a term limited, ESG closed end fund that pays a 7% monthly distribution and has excellent growth prospects over the next 9 years. The growing trend in ESG investing is clearly evident and especially started to accelerate in 2020 and is poised to continue growing for the next decade.

TEAF: Sustainable Growth And 7% Yield

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) announced a 12.5% increase in its monthly distributions to $0.09 per share beginning in March and payable on the dates noted below. This distribution falls within the managed distribution target range of 6-8% of the Fund's trailing average NAV and represents an annualized distribution rate of 7.05% based on TEAF's market price of $15.31 on January 14, 2022. “This distribution increase demonstrates

Ecofin Sustainable and Social Impact Term Fund (TEAF) Increases its Monthly Distribution 12.5% to $0.09 Per Share

BlackRock Municipal 2030 Target Term Trust

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Opportunity Fund Inc

First Trust Dynamic Europe Equity Income Fund

Gabelli Dividend & Income Trust

Nuveen Credit Strategies Income Fund

Nuveen Real Estate Income Fund

MFS Municipal Income Trust

Invesco Senior Income Trust

These high-yielding CEFs won't just significantly boost your portfolio income. They'll also allow you to buy their underlying stocks and bonds at a discount.

The 10 Best Closed-End Funds (CEFs) for 2022

OVERLAND PARK, Kan.--(BUSINESS WIRE)--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 31, 2021, the company's unaudited total assets were approximately $260.7 million and its unaudited net asset value was $234.9 million, or $17.41 per share. As of December 31, 2021, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indeb

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 31, 2021

OVERLAND PARK, Kan.--(BUSINESS WIRE)--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 November 30, 2021, the company's unaudited total assets were approximately $258.0 million and its unaudited net asset value was $232.6 million, or $17.24 per share. As of November 30, 2021, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indeb

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 30, 2021

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) today announced that the Board approved the adoption of a managed distribution policy and a 6.7% increase in its monthly distributions to $0.08 per share beginning in December and payable on the dates noted below. Based on TEAF's current price of $14.91, the distribution represents an annualized distribution rate of 6.44%. “This distribution increase coincides with the notable constructive outlook

Ecofin Sustainable and Social Impact Term Fund (TEAF) Increases its Monthly Distribution 6.7% to $0.08 Per Share

Tortoise Power And Energy Infrastructure Fund

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the October monthly distribution of $0.06 per share payable on October 29, 2021, to shareholders of record on October 22, 2021. Additionally, Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) provides an update on the fund's direct investments, portfolio asset allocation, structure types and impact statistics as of September 30, 2021, on the company website here. On a m

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution and Ecofin Sustainable and Social Impact Term Fund (TEAF) Provides Update on Direct Investments and Portfolio Allocation

I've written several times on TEAF; it continues to be an attractive value in the CEF space. The discount is staying rather persistent, but that adds a level of safety for further declines.

TEAF: Persistent Discount Continuing To Leave Opportunity For Investors

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) announces positive outcomes from the monetization of two private debt investments in the month of July: PureCycle Technologies Series C (“PureCycle”), an Ironton, OH polypropylene plastics recycling facility utilizing non-chemical technology in the waste transition segment, and MaST Community Charter School III (“MaST III”), which opened in the fall of 2019 in Philadelphia, PA. PureCycle bonds were

Ecofin Sustainable and Social Impact Term Fund (TEAF) Announces Private Investment Monetization Activity

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

OVERLAND PARK, KS--(BUSINESS WIRE)--TortoiseEcofin and the Board of the closed-end funds announce several actions to improve shareholder value for its closed-end funds: 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) Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) TT

TortoiseEcofin Closed-End Funds Implement Several Measures to Increase Shareholder Value

LEAWOOD, KS / ACCESSWIRE / July 1, 2021 / TortoiseEcofin today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of June 30, 2021, the company's unaudited total assets were approximately $601.1 million and its unaudited net asset value was $433.4 million, or $36.33 per share.

TortoiseEcofin Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

Since the last time we covered TEAF, the discount has been narrowing - but I believe it is still attractively priced. The fund recently announced they will be changing their name, representing a better understanding of what the fund is invested in.

TEAF: Narrowing Discount But Opportunity Left

LEAWOOD, KS / ACCESSWIRE / June 16, 2021 / Tortoise Essential Assets Income Term Fund (NYSE:TEAF) and parent company, TortoiseEcofin, announced today that effective June 30, 2021, the fund name will be changed from Tortoise Essential Assets Income Term Fund to Ecofin Sustainable and Social Impact Term Fund. TEAF is a multi-strategy vehicle that invests in private and public investments within sustainable infrastructure and social impact, and has reached an allocation of 87% in such impact investments.

Tortoise Essential Assets Income Term Fund (TEAF) Announces Upcoming Name Change to Ecofin Sustainable and Social Impact Term Fund

LEAWOOD, KS / ACCESSWIRE / June 10, 2021 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the June monthly distribution of $0.05 per share payable on June 30, 2021 to shareholders of record on June 23, 2021. Additionally, Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on the fund's direct investments, portfolio asset allocation, structure types and impact statistics as of May 31, 2021 on the company website here.

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution and Tortoise Essential Assets Income Term Fund (TEAF) Provides Update on Direct Investments and Portfolio Allocation

LEAWOOD, KS / ACCESSWIRE / June 1, 2021 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 31, 2021, the company's unaudited total assets were approximately $580.6 million and its unaudited net asset value was $409.2 million, or $34.31 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

Cohen & Steers

CBRE Global Real Estate Income Fund

Kayne Anderson Midstream/Energy Fund Inc.

MainStay MacKay DefinedTerm Municipal Opportunities Fund

Cushing Renaissance Fund

Cohen & Steers Infrastructure Fund Inc

2 New infrastructure funds in the 'pipeline,' literally as these two will be focused on infrastructure/utility investments. Both funds have noted a tilt towards being involved in renewable/"clean" energy - though leave the door open for a wide interpretation.

2 New Infrastructure Funds In The 'Pipeline'

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 Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) Tortoise Essential Assets Income Term Fund (NYSE:TEAF) LEAWOOD, KS / ACCESSWIRE / May 10, 2021 / Tortoise today announced that, due to continued NAV growth and a constructive outlook for the energy infrastructure sector, the Board approved an increase to quarterly distributions for TYG of 7.9% and NTG of 9.1%. Distributions for Tortoise closed-end funds are detailed below.

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