Tortoise Energy Infrastructure

Tortoise Energy Infrastructure Corp. operates as a mutual fund closed-end investment trust. The company owns a portfolio of master limited partnership investments in the energy infrastructure sector. Its objective is to provide its stockholders a high level of total return with an emphasis on current distributions. The company was founded on October 29, 2003 and is headquartered in Leawood, KS.

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

OVERLAND PARK, KS / ACCESSWIRE / May 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of April 28, 2023, the company's unaudited total assets were approximately $547.5 million and its unaudited net asset value was $421.4 million, or $37.18 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 28, 2023, for TYG, NTG, TTP, NDP and TPZ

TYG has seen its discount expand a bit since our last update. Energy and utilities were weaker performers in 2023 so far.

TYG: Discount Deepens On This Infrastructure Fund

OVERLAND PARK, KS / ACCESSWIRE / April 3, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of March 31, 2023, the company's unaudited total assets were approximately $560.4 million and its unaudited net asset value was $415.8 million, or $36.70 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2023, for TYG, NTG, TTP, NDP and TPZ

Invesco Senior Loan ETF

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust Energy Infrastructure Fund

First Trust New Opportunities Mlp & Energy Fund

Highland Income Fund

John Hancock Tax-Advantaged Dividend Income Fund

Barings Corporate Investors

NXG NextGen Infrastructure Income Fund

John Hancock Premium Dividend Fund

Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things change constantly.

Closed-End Funds: Misclassifications Can Lead To Misunderstanding

OVERLAND PARK, KS / ACCESSWIRE / February 22, 2023 / Tortoise Energy Infrastructure Corp. and Tortoise Midstream Energy Fund, Inc. (NYSE:TYG) (NYSE:NTG) (the "Funds") announce the release of the annual stockholders' report for the fiscal year ending November 30, 2022. The annual report is available online at cef.tortoiseecofin.com.

Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Midstream Energy Fund, Inc. (NTG) Announce Release of 2022 Annual Report and Release of Restated Financial Statements

OVERLAND PARK, KS / ACCESSWIRE / February 9, 2023 / Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Midstream Energy Fund, Inc. (NTG) (the "Funds") previously announced their intent to convert from a C-Corp to a Regulated Investment Company (RIC) for the fiscal year ending November 30, 2022. The Funds have concluded to not complete the conversion to a RIC at this time and will continue to evaluate the conversion to a RIC in the future.

Tortoise Announces Update on Financial Statements for TYG and NTG

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) OVERLAND PARK, KS / ACCESSWIRE / February 9, 2023 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Independence Fund, Inc. (NDP) increased its distribution from $0.56 to $0.63, an increase of 12.5%.

Tortoise Announces Distribution Amounts for Its Closed-End Funds, Including a 12.5% Increase for NDP

OVERLAND PARK, KS / ACCESSWIRE / February 7, 2023 / Tortoise today announced the tax characterization of 2022 distributions paid to common stockholders of each of the following 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) 2022 Tax Characterization of Distributions TYG NTG TTP NDP TPZ Qualified Dividend Income 100% 100% 21% 40% 11% Ordinary Dividend Income 0% 0% 0% 0% 17% Return of Capital 0% 0% 79% 60% 72% Long-Term Capital Gain 0% 0% 0% 0% 0% Additional information regarding the tax characterization of the 2022 distributions is available at www.TortoiseEcofin.com. A copy of the information is also available upon request by calling (866) 362-9331.

Tortoise Announces 2022 Closed-End Fund Tax Characterization of Distributions and Release of Annual Report

OVERLAND PARK, KS / ACCESSWIRE / January 3, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of December 30, 2022, the company's unaudited total assets were approximately $580.2 million and its unaudited net asset value was $445.1 million, or $39.28 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 30, 2022 for TYG, NTG, TTP, NDP and TPZ

In light of dimming prospects for oil and gas, I've avoided adding funds that hold energy companies.

The Worst Sector For Income Investors To Buy In 2023

TYG's discount is heading back out wider after volatility in the energy sector, and their tender offer ends. The fund is attractively discounted for investors lacking some energy infrastructure exposure.

TYG: Energy Infrastructure At A Discount

Eagle Point Income Company Inc

First Trust Specialty Finance and Financial Opportunities Fund

Nuveen Real Estate Income Fund

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

PIMCO Income Strategy Fund II

Cohen & Steers Real Estate Opportunities and Income Fund

Western Asset Diversified Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

The markets have added to the gains they started in October. I add to my investments every month; however, this month, I did quite a bit of movement with several positions I sold too.

4 Closed-End Fund Buys In The Month Of November 2022

Flaherty & Crumrine Dynamic Preferred & Income Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Tekla Healthcare Opportunities

Invesco Senior Income Trust

October had the broader indexes rebounding after their lackluster September. With limited cash to put to work this month after an aggressive September, I was more conservative in buying.

5 Closed-End Fund Buys In The Month Of October 2022

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Blackrock Health Sciences Trust

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

First Trust / Aberdeen Emerging Opportunity Fund

Eagle Capital Growth Fund Inc

Gabelli Utility Trust

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

New American High Income Fund

BlackRock Corporate High Yield Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

John Hancock Investors Trust

Macquarie Global Infrastructure Total Return Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Nuveen Missouri Quality Municipal Income Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Oxford Lane Capital

PCM Fund

Pimco California Municipal Income Fund

Pimco Municipal Income Fund II

Pimco California Municipal Income Fund III

RiverNorth Opportunities Fund, Inc.

Virtus Total Return Fund

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

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) OVERLAND PARK, KS / ACCESSWIRE / November 2, 2022 / Tortoise announced today the preliminary results of cash tender offers for each of the following Funds that expired at 5:00 P.M., Eastern Time on November 1, 2022.The table below shows the preliminary results for each Fund.

Tortoise Announces Preliminary Results of Tender Offers for its Closed-End Funds

OVERLAND PARK, KS / ACCESSWIRE / November 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of October 31, 2022, the company's unaudited total assets were approximately $605.5 million and its unaudited net asset value was $470.5 million, or $39.44 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2022 for TYG, NTG, TTP, NDP and TPZ

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Doubleline Opportunistic Credit Fund

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

Templeton Emerging Markets Income Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

John Hancock Financial Opportunities Fund

Stone Harbor Emerging Markets Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

Kayne Anderson MLP Investment

Now is an especially risky time to invest in oil

My Forecast For Oil (And Three 8%+ Paying Dividends To Avoid) In 2023

OVERLAND PARK, KS / ACCESSWIRE / October 3, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of September 30, 2022, the company's unaudited total assets were approximately $564.4 million and its unaudited net asset value was $421.5 million, or $35.34 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2022 for TYG, NTG, TTP, NDP and TPZ

TYG's previously announced tender offer trigger has been sprung, creating a potential opportunity. This move will likely only appeal to those who are already shareholders or don't mind holding TYG due to its smaller repurchase amount.

TYG: Tender Offer Trigger Worth Playing For Shareholders

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) OVERLAND PARK, KS / ACCESSWIRE / August 9, 2022 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Independence Fund, Inc. (NDP) will increase its quarterly distribution by 16.7%.

Tortoise Announces Distribution Amounts for its Closed-End Funds with Increase for NDP

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 29, 2022, the company's unaudited total assets were approximately $630.3 million and its unaudited net asset value was $486.2 million, or $40.76 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 29, 2022 for TYG, NTG, TTP, NDP and TPZ

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) OVERLAND PARK, KS / ACCESSWIRE / July 29, 2022 / TortoiseEcofin today announced the release of the combined 2022 semi-annual stockholders' report including all of these funds. The semi-annual report is available online at cef.tortoiseecofin.com.

TortoiseEcofin Releases Combined 2022 Closed-End Fund Semi-Annual Report

OVERLAND PARK, KS / ACCESSWIRE / July 1, 2022 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of June 30, 2022, the company's unaudited total assets were approximately $576.8 million and its unaudited net asset value was $433.0 million, or $36.30 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2022 for TYG, NTG, TTP, NDP and TPZ

News for Tortoise Energy Infrastructure ETF (TYG)