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Tortoise Energy Infrastructure Corp

TYG

Market cap $1B

39.52 USD

+0.56

1.44%

At close Updated Oct 9, 4:00 PM EDT

1 day

1.44%

5 days

3.97%

1 month

-8.94%

3 months

-8.6%

6 months

-18.09%

Year to date

-4.61%

1 year

-9.52%

5 years

37.65%

10 years

-67.65%

About: Tortoise Energy Infrastructure Corp seeks to provide a high level of current income to stockholders. It invests in fixed-income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 12.5%

Neutral 87.5%

Negative 0%

Tortoise Energy Infrastructure Corp. Announces At-the-Market Offering

OVERLAND PARK, KS / ACCESS Newswire / September 22, 2026 / Tortoise Energy Infrastructure Corp. (NYSE:TYG) (the "Company") today announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC"), under which it may offer and sell up to 2,500,000 shares of its common stock (the "Common Stock") from time to time through an "at-the-market" equity offering program (the "ATM Offering"). The Company intends to invest the net proceeds from any sales of its common stock in accordance with its investment policy.

Tortoise Energy Infrastructure Corp. Announces At-the-Market Offering

The Coverage Ratio Number Every MLP Investor Should Check First

When you scan a list of high-yielding master limited partnerships, the distribution yield is usually the first number that catches your eye. An 8% yield looks appealing next to a 4% investment-grade bond or a 1.5% S&P 500 dividend. But yield on its own tells you nothing about whether that payout is safe. The coverage ratio compares how much cash an MLP generates against how much it pays out.

The Coverage Ratio Number Every MLP Investor Should Check First

TYG: Why This Energy Fund Is Still Only A Hold

Tortoise Energy Infrastructure Corp. is rated Hold due to insufficient discount to NAV, despite an attractive energy infrastructure portfolio. TYG's 26% leverage and 3% NAV expenses amplify both upside and downside, making entry price and discount level critical for risk-adjusted returns. The fund's concentrated holdings in midstream, LNG, and power infrastructure position it well for rising U.S. energy demand, but capital allocation risks remain.

TYG: Why This Energy Fund Is Still Only A Hold

TYG: The 13% Yield Isn't The Problem - The Price Tag Is

Tortoise Energy Infrastructure Corp is rated a strong Hold due to a diminished discount cushion despite solid asset quality and distribution coverage. TYG offers ~26% leverage and ~44% power infrastructure allocation, enhancing diversification and potential forward returns versus pure midstream peers. Recent discount compression to ~6.7% limits entry appeal; alternatives like KYN (~12.7% discount) or AMLP (no discount risk) offer better cushions.

TYG: The 13% Yield Isn't The Problem - The Price Tag Is

TYG: This Fund Sacrifices A Lot Of Performance For The Yield

Tortoise Energy Infrastructure Corp. offers a 13.27% yield but has significantly underperformed both the energy sector and peer funds year-to-date. TYG's portfolio has significant exposure to electric utilities and renewables, limiting its ability to capitalize on strong midstream energy sector performance. Distribution coverage relies on net unrealized gains rather than net investment income, posing risks if market conditions deteriorate.

TYG: This Fund Sacrifices A Lot Of Performance For The Yield

Tortoise Capital Releases 2026 Closed-End Fund Semi-Annual Report

OVERLAND PARK, KS / ACCESS Newswire / July 30, 2026 / Tortoise Capital today announced the release of the 2026 semi-annual stockholders' report for the Tortoise Energy Infrastructure Corp. (NYSE:TYG). The semi-annual report is available online at https://tortoisecapital.com/cef/tortoise-energy-infrastructure-corp/.

Tortoise Capital Releases 2026 Closed-End Fund Semi-Annual Report

KBRA Affirms the Ratings on Outstanding Senior Notes and Outstanding Mandatory Redeemable Preferred Shares Issued by Tortoise Energy Infrastructure Corp. and Assigns Ratings on New Issuances of Senior Notes and Mandatory Redeemable Preferred Shares

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA affirms the 'AAA' ratings assigned to the Senior Notes and affirms the 'A+' ratings assigned to the Mandatory Redeemable Preferred Shares ("MRPS") issued by Tortoise Energy Infrastructure Corp. (the "Fund" or "TYG") managed by Tortoise Capital Advisors L.L.C. ("Tortoise"). Additionally, KBRA assigns a 'AAA' rating to Senior Notes Series XX and Series YY and an 'A+" rating to MRPS Series K and Series L. The Outlook for all ratings is Stable. The Fund is registered.

KBRA Affirms the Ratings on Outstanding Senior Notes and Outstanding Mandatory Redeemable Preferred Shares Issued by Tortoise Energy Infrastructure Corp. and Assigns Ratings on New Issuances of Senior Notes and Mandatory Redeemable Preferred Shares

3 Closed-End Fund Buys (1 Sell) In The Month Of June 2026

The equity benchmark indexes have shown a bit more volatility, but it wasn't enough to derail a strong first half to the year. As we are still knocking on all-time high levels, I still added to some positions in my CEF portfolio but have been less aggressive. In fact, we've recently been seeing rights offering announcements this year, and that has prompted sidestepping these ROs.

3 Closed-End Fund Buys (1 Sell) In The Month Of June 2026

TYG: This Aptly Named Fund Can Be Safely Avoided

Tortoise Energy Infrastructure Corp demonstrates persistently poor long-term returns. TYG's fund structure is rigid. Management has so far not chosen a more active fund strategy to adapt to changing energy sector trends. The fund employs approximately 25% leverage through preferred stock and debt.

TYG: This Aptly Named Fund Can Be Safely Avoided

Tortoise Energy Infrastructure Corp. (TYG) Announces the Preliminary Results of its Rights Offering

OVERLAND PARK, KS / ACCESS Newswire / June 18, 2026 / Tortoise Energy Infrastructure Corp. (NYSE:TYG) (the "Company") today announced the preliminary results of its transferable rights offering (the "Offer"), which commenced on May 20, 2026, and expired on June 17, 2026 (the "Expiration Date"). Based on preliminary information, the Offer is expected to result in the issuance of approximately 4.28 million shares of the Company's common stock (the "Common Shares"), including notices of guaranteed delivery, resulting in anticipated gross proceeds to the Fund of approximately $180.8 million.

Tortoise Energy Infrastructure Corp. (TYG) Announces the Preliminary Results of its Rights Offering

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