Tortoise Sustainable and Social Impact Stock Price, News & Analysis

Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) declared a monthly distribution of $0.090, payable October 31, 2025 to shareholders of record on October 24, 2025. The announcement was made alongside a $0.365 monthly distribution for Tortoise Energy Infrastructure Corp (NYSE:TYG), with the same record and pay dates.

For book purposes, the company estimated the source of distributions for TYG and TEAF to be approximately 0–10% ordinary income, with the remainder classified as return of capital.

Tortoise Capital has released unaudited balance sheet information and asset coverage ratio updates for two closed-end funds as of September 30, 2025. Tortoise Energy Infrastructure Corp. (NYSE:TYG) reported unaudited total assets of approximately $1.1 billion and a net asset value of $810.3 million ($47.01 per share), with asset coverage ratios of 637% for senior securities and 447% for preferred shares.

Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) disclosed unaudited total assets of $214.7 million and a net asset value of $178.4 million ($13.22 per share), with an asset coverage ratio of 605% for senior securities. The fund maintains transparency regarding its direct investments through regular updates on its website.

Tortoise Capital has released unaudited balance sheet information and asset coverage ratio updates for two closed-end funds as of August 29, 2025. Tortoise Energy Infrastructure Corp. (NYSE:TYG) reported unaudited total assets of approximately $1.0 billion and a net asset value of $788.7 million ($45.76 per share). TYG's asset coverage ratios were 685% for senior securities indebtedness and 464% for preferred shares.

Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) disclosed unaudited total assets of $213.9 million and a net asset value of $178.0 million ($13.20 per share), with an asset coverage ratio of 609% for senior securities indebtedness.

Tortoise Capital has declared monthly distributions for its closed-end funds. Tortoise Energy Infrastructure Corp. (TYG) will distribute $0.365 per share, while the Tortoise Sustainable and Social Impact Term Fund (TEAF) will distribute $0.090 per share.

Both distributions are payable on September 30, 2025, to shareholders of record as of September 23, 2025. The source of distributions is estimated to be 0-10% ordinary income, with the remainder as return of capital.

Tortoise Capital has released unaudited balance sheet information and asset coverage ratio updates for two closed-end funds as of July 31, 2025. Tortoise Energy Infrastructure Corp. (NYSE:TYG) reported unaudited total assets of approximately $1.0 billion and a net asset value of $815.9 million ($47.34 per share), with asset coverage ratios of 634% for senior securities and 496% for preferred shares.

Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) disclosed unaudited total assets of $215.9 million and a net asset value of $180.6 million ($13.39 per share), with an asset coverage ratio of 621% for senior securities.

[ "Strong asset coverage ratios above 600% for both funds indicate solid financial health", "TYG maintains substantial total assets of $1.0 billion", "Both funds maintain healthy cash positions and balanced leverage" ]

Tortoise Capital has released its combined 2025 semi-annual stockholders' report for two of its closed-end funds: Tortoise Energy Infrastructure Corp. (NYSE:TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF). The report is now accessible online at cef.tortoisecapital.com, with hard copies available upon request via phone or email at no cost.

Tortoise Capital has released unaudited balance sheet information and asset coverage ratio updates for two closed-end funds as of June 30, 2025. Tortoise Energy Infrastructure Corp. (NYSE:TYG) reported unaudited total assets of approximately $1.0 billion and a net asset value of $800.0 million, or $46.41 per share. The company's asset coverage ratios were 635% for senior securities indebtedness and 495% for preferred shares.

Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) disclosed unaudited total assets of $214.6 million and a net asset value of $181.2 million, or $13.43 per share. TEAF's asset coverage ratio for senior securities indebtedness stood at 659%. The fund maintains 13.49 million common shares outstanding, while TYG has 17.24 million common shares outstanding.

Tortoise Capital Advisors announced the planned merger of Tortoise Sustainable and Social Impact Term Fund (TEAF) into Tortoise Energy Infrastructure Corp. (TYG), with TYG as the surviving entity. The combined assets under management total approximately $1.2 billion as of May 31, 2025. TYG will maintain its investment strategy focused on energy and power infrastructure, targeting high total returns with emphasis on current distributions. The merger aims to enhance scale, improve operational efficiency, and strengthen Tortoise Capital's position in energy infrastructure investing. Notable benefits include a 30% increase in TYG's distributions upon merger completion. Additionally, TEAF is in exclusive negotiations to sell its remaining private renewables portfolio, with proceeds to be reinvested in listed energy infrastructure securities. The merger is expected to close in the second half of 2025, subject to shareholder and regulatory approvals.

Tortoise Capital released unaudited balance sheet information for two closed-end funds as of May 30, 2025. For Tortoise Energy Infrastructure Corp (TYG), total assets were $969.2M with a net asset value of $772.2M ($44.80 per share). TYG's asset coverage ratios were 679% for senior securities and 515% for preferred shares. The fund has 17.24M common shares outstanding with total leverage of $186M. For Tortoise Sustainable and Social Impact Term Fund (TEAF), total assets were $209.2M with a net asset value of $177M ($13.12 per share). TEAF's asset coverage ratio for senior securities was 664%, with 13.49M common shares outstanding.