TEAF
Ecofin Sustainable & Social Impact Term FundTEAF
TEAF
About: Tortoise Essential Assets Income Term is a USA-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0.81% more ownership
Funds ownership: 36.33% [Q4 2024] → 37.14% (+0.81%) [Q1 2025]
0% more funds holding
Funds holding: 47 [Q4 2024] → 47 (+0) [Q1 2025]
3% less capital invested
Capital invested by funds: $58.8M [Q4 2024] → $57.2M (-$1.63M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for TEAF.
Financial journalist opinion
Neutral
Seeking Alpha
2 days ago
TEAF: Divesting Private Investments As Fund Transforms
TEAF divested a significant portion of its private holdings after a strategic review, shifting focus to public energy infrastructure in an attempt to improve performance. The fund's performance post-announcement has been mixed, with a volatile market hitting shortly after announcing its transformation. Divestment may reduce net investment income coverage, but distribution coverage could remain stable, supported by increased allocations to high-yield MLPs like ET and MPLX.
Neutral
Accesswire
1 week ago
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 30, 2025, for TYG and TEAF
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 was $772.2 million, or $44.80 per share.
Neutral
Accesswire
1 month ago
Tortoise Capital Announces Closed-End Fund Distributions
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 monthly distributions are payable on June 30, 2025, July 31, 2025, and August 29, 2025, to shareholders of record on the respective dates of June 23, 2025, July 24, 2025, and August 22, 2025.
Neutral
Accesswire
1 month ago
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 30, 2025, for TYG and TEAF
OVERLAND PARK, KS / ACCESS Newswire / May 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 Apr. 30, 2025, the company's unaudited total assets were approximately $945.9 million and its unaudited net asset value was $752.2 million, or $43.64 per share.
Neutral
Accesswire
2 months ago
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2025, for TYG and TEAF
OVERLAND PARK, KS / ACCESS Newswire / April 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 Mar. 31, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset value was $822.4 million, or $47.72 per share.
Neutral
Business Wire
2 months ago
Tortoise Capital Announces Next Steps Following Completion of TEAF Strategic Review
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Capital next steps following completion of previously disclosed strategic review of Tortoise Sustainable and Social Impact Term Fund (TEAF).
Positive
Seeking Alpha
3 months ago
TEAF: Discount Remains Appealing With An Activist Holding A Sizable Stake
Tortoise Sustainable and Social Impact Term Fund has struggled since its inception, prompting a strategic review that remains ongoing. TEAF's portfolio is almost evenly split between private and public investments, focusing on sustainable infrastructure, social impact, and energy infrastructure. The fund's significant discount and Saba Capital Management's ~9% stake also should prompt some changes at some point going forward.
Neutral
Accesswire
3 months ago
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 28, 2025, for TYG and TEAF
OVERLAND PARK, KS / ACCESS Newswire / March 3, 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 Feb. 28, 2025, the company's unaudited total assets were approximately $1.1 billion and its unaudited net asset value was $836.1 million, or $48.51 per share.
Neutral
Accesswire
3 months ago
Tortoise Capital Announces Closed-End Fund Distributions
Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) OVERLAND PARK, KS / ACCESS Newswire / February 20, 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 monthly distributions are payable on Mar. 31, 2025, April 30, 2025, and May 30, 2025, to shareholders of record on the respective dates of Mar. 24, 2025, April 23, 2025, and May 23, 2025.
Neutral
Accesswire
4 months ago
Tortoise Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary
OVERLAND PARK, KS / ACCESS Newswire / February 12, 2025 / Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) fourth 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.
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