Tortoise Capital Announces 2025 Closed-End Fund Tax Characterization of Distributions and Release of Annual Report
Rhea-AI Summary
Tortoise Capital (NYSE:TYG) announced the 2025 tax characterization of distributions for Tortoise Energy Infrastructure Corp. Distributions were characterized as 7% Qualified Dividend Income and 93% Return of Capital; no ordinary dividends or long-term capital gain were reported.
The adviser also released the 2025 annual stockholders' report, available online and by request; contact details and a download link are provided for hard copies.
Positive
- Distributions fully characterized with clear tax breakdown: 7% qualified, 93% return of capital
- 2025 annual stockholders' report released and freely available online and by request
Negative
- Only 7% qualified dividend may limit tax-favored ordinary income for investors
- 93% return of capital indicates most distributions may reduce shareholders' tax basis
Key Figures
Market Reality Check
Peers on Argus
TYG gained 1.03% while peers showed mixed moves (e.g., MEGI +1.63%, BCX -0.23%, DLY -0.07%), suggesting a stock-specific move rather than a uniform sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 10 | Merger completion | Positive | +1.3% | Completion of TEAF merger into TYG with combined AUM of $1.3 billion. |
| Oct 16 | Merger approval | Positive | -0.7% | Shareholder approval of TEAF–TYG merger and planned 30% TYG distribution increase. |
| Oct 15 | Distribution declaration | Positive | -0.9% | Announcement of monthly distributions for TYG and TEAF with mix of income and ROC. |
| Oct 1 | Balance sheet update | Neutral | -0.8% | Release of unaudited TYG and TEAF asset levels, NAVs, and coverage ratios. |
| Sep 2 | Balance sheet update | Neutral | +0.8% | Unaudited TYG and TEAF balance sheet and asset coverage information as of Aug 29. |
Recent TYG news has often seen price moves that diverge from generally positive or neutral announcements, indicating reactions not tightly tied to headline tone.
Over the past several months, TYG news has focused on fund structure and balance sheet transparency. A merger with TEAF closed on Nov 7, 2025, creating a combined fund with $1.3 billion AUM and maintaining an emphasis on current distributions. Earlier, shareholders approved the merger and a planned 30% distribution increase, while multiple releases provided unaudited asset and coverage data. Today’s 2025 tax characterization and annual report release continue this pattern of emphasizing distributions and detailed reporting.
Market Pulse Summary
This announcement details the 2025 tax mix of TYG distributions—7% qualified dividend income, 93% return of capital, and no ordinary income or long-term capital gains—and confirms release of the 2025 annual stockholders’ report. Combined with prior disclosures on assets, NAV, and merger-driven scale, it extends TYG’s pattern of emphasizing distribution composition and balance sheet transparency. Investors may watch future distribution levels, NAV trends, and coverage metrics in upcoming updates.
Key Terms
qualified dividend income financial
ordinary dividend income financial
return of capital financial
long-term capital gain financial
AI-generated analysis. Not financial advice.
OVERLAND PARK, KS / ACCESS Newswire / January 29, 2026 / Tortoise Capital today announced the tax characterization of 2025 distributions paid to common stockholders of Tortoise Energy Infrastructure Corp. (NYSE:TYG).
2025 Tax Characterization of Distributions
TYG | |
Qualified Dividend Income | |
Ordinary Dividend Income | |
Return of Capital | |
Long-Term Capital Gain |
Additional information regarding the tax characterization of the 2025 distributions is available at www.TortoiseCapital.com.
A copy of the information is also available upon request by calling (866) 362-9331.
Nothing contained herein or therein should be construed as tax advice. Consult your tax advisor for more information. Furthermore, you may not rely upon any information herein or therein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.
Annual Report
The adviser also announced today the release of the 2025 annual stockholders' report for Tortoise Energy Infrastructure Corp. The annual report is available online at https://tortoisecapital.com/cef/tortoise-energy-infrastructure-corp/#literature. Please call (866) 362-9331 or email info@tortoisecapital.com to request a hard copy of this report free of charge.
About Tortoise Capital
With approximately
positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit www.tortoisecapital.com/.
Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Energy Infrastructure Corp.
Safe harbor statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations
reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.
Media Contacts
Craft & Capital
Chris Sullivan chris@craftandcapital.com
Rob Jesselson rob@craftandcapital.com
SOURCE: Tortoise Capital
View the original press release on ACCESS Newswire
FAQ
What was the 2025 tax characterization of distributions for Tortoise Energy Infrastructure Corp (TYG)?
How can TYG shareholders obtain the 2025 annual report?
What does a 93% return of capital mean for TYG shareholders' taxes in 2025?
Did TYG report any long-term capital gains or ordinary dividends for 2025 distributions?
Where did Tortoise Capital publish the 2025 distribution tax breakdown for TYG?
