Welcome to our dedicated page for Tortoise Sustainable and Social Impact news (Ticker: TEAF), a resource for investors and traders seeking the latest updates and insights on Tortoise Sustainable and Social Impact stock.
Tortoise Sustainable and Social Impact (TEAF) provides investors with strategic exposure to essential assets and sustainable infrastructure projects. This news hub aggregates official updates including earnings announcements, leadership changes, and strategic initiatives related to renewable energy investments and social impact lending.
Access timely updates on TEAF's activities across traditional energy markets and decarbonization efforts. The curated news collection serves as a centralized resource for tracking portfolio developments, regulatory filings, and market positioning within the closed-end fund sector.
Key updates cover income distribution strategies, infrastructure acquisitions, and research-driven investment decisions. Visitors gain insights into how TEAF balances energy transition opportunities with stable income generation through diversified asset management.
Bookmark this page for streamlined access to verified information supporting analysis of TEAF's performance in essential services and sustainable markets. Regular updates ensure stakeholders remain informed about critical developments affecting long-term investment strategies.
Ecofin Sustainable and Social Impact Term Fund (TEAF) released its unaudited balance sheet for March 31, 2023, indicating total assets of approximately $249.5 million and a net asset value of $215.1 million, equating to $15.94 per share. The fund's asset coverage ratio is reported at 750% concerning senior securities representing indebtedness. Key financial figures include $246.8 million in investments and $33.1 million in credit facility borrowings. The fund has approximately 13.49 million common shares outstanding, with ongoing updates on direct investments available on its website.
Tortoise Power and Energy Infrastructure Fund (NYSE: TPZ) announced a distribution of $0.1050 per common share on March 31, 2023, comprised of various income sources. The breakdown indicates that 21% originates from net investment income and 26% from net realized long-term capital gains. Notably, 53% is classified as a return of capital, which may impact investors' perceptions of yield and income. For the fiscal year-to-date, cumulative distributions amount to $0.4200, with a total return relative to NAV of -0.63%. The advisory firm emphasizes that return of capital distributions do not necessarily reflect TPZ's performance.
Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) released its unaudited balance sheet information as of February 28, 2023. The total assets stood at approximately $246.2 million, with a net asset value of $214.4 million, or $15.89 per share. The company reported an asset coverage ratio of 796% concerning senior securities representing indebtedness. Key assets included $242.9 million in investments and $1.1 million in cash. The unaudited balance sheet reflects a total of 13.49 million common shares outstanding. Updates regarding direct investments are available on the fund's website.
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