Prudential Financial, Inc. reports a large passive ownership position in Tortoise Energy Infrastructure Corp. mandatory redeemable preferred stock (MRPS). Prudential beneficially owns 11,300,000 MRPS shares, representing 91.2% of the outstanding MRPS class. These securities are held through insurance subsidiaries, with The Prudential Insurance Company of America holding 6,800,000 shares and Pruco Life Insurance Company holding 4,500,000 shares across several MRPS CUSIP numbers. Prudential has sole voting and sole dispositive power over all 11,300,000 shares and reports no shared voting or dispositive power.
The MRPS position is also described as equating to 29.89% of the issuer’s combined common and preferred stock for voting purposes, indicating a significant overall voting stake. Prudential notes that its clients may have rights to receive dividends or sale proceeds from these securities, reflecting its role as an investment manager on behalf of underlying clients.
Positive
None.
Negative
None.
Key Figures
MRPS shares beneficially owned:11,300,000 sharesPercent of MRPS class:91.2%Combined voting power:29.89%+4 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 11,300,000"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Sole voting powerfinancial
"Sole power to vote or to direct the vote: 11,300,000"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Investment Company Act of 1940regulatory
"an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
How many preferred shares of TYG does Prudential Financial beneficially own?
Prudential Financial beneficially owns 11,300,000 shares of Tortoise Energy Infrastructure Corp. mandatory redeemable preferred stock, representing a major holding within that specific MRPS class.
What percentage of TYG’s mandatory redeemable preferred stock does Prudential hold?
Prudential Financial reports holding 91.2% of Tortoise Energy Infrastructure Corp.’s outstanding mandatory redeemable preferred stock, giving it substantial influence over matters specific to that MRPS class.
What voting power does Prudential Financial (TYG) report over these MRPS shares?
Prudential Financial reports sole voting power over all 11,300,000 MRPS shares and no shared voting power, indicating it alone can direct how these preferred shares are voted.
How much of TYG’s overall voting power do Prudential’s MRPS holdings represent?
The filing states that 11.3 million MRPS shares equate to 29.89% of Tortoise Energy Infrastructure Corp.’s combined common and preferred stock for voting purposes, indicating a significant overall voting stake.
Which Prudential subsidiaries hold the TYG MRPS shares and in what amounts?
The Prudential Insurance Company of America holds 6,800,000 MRPS shares (about 54.9% of the class), and Pruco Life Insurance Company holds 4,500,000 shares (about 36.3% of the class).
Do Prudential’s clients have rights to TYG MRPS dividends or sale proceeds?
Yes. Prudential notes that its clients may have the right to receive or direct dividends or sale proceeds from the MRPS securities that are the subject of this Schedule 13G filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
TORTOISE ENERGY INFRASTRUCTURE CORP
(Name of Issuer)
Mandatory Redeemable Preferred Stock
(Title of Class of Securities)
89147L7#1
(CUSIP Number)
89147L8#0
(CUSIP Number)
07/15/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
89147L7#1, 89147L8#0
1
Names of Reporting Persons
PRUDENTIAL FINANCIAL INC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
11,300,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
11,300,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,300,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
91.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
TORTOISE ENERGY INFRASTRUCTURE CORP
(b)
Address of issuer's principal executive offices:
5901 COLLEGE BOULEVARD, SUITE 400, OVERLAND PARK, KANSAS, 66211.
Item 2.
(a)
Name of person filing:
Prudential Financial, Inc.
(b)
Address or principal business office or, if none, residence:
751 Broad Street
Newark, New Jersey 07102-3777
(c)
Citizenship:
New Jersey
(d)
Title of class of securities:
Mandatory Redeemable Preferred Stock
(e)
CUSIP Number(s):
89147L7#1, 89147L8#0
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
11,300,000
(b)
Percent of class:
91.2% of outstanding Mandatory Redeemable Preferred Stock (MRPS)
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
11,300,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
11,300,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Our clients may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities which are the subject of this filing.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Subsidiaries Number of Shares Percentage***
The Prudential Insurance Company of America IC 6,800,000* 54.9%
Pruco Life Insurance Company IC 4,500,000** 36.3%
*Includes Cusip numbers 89147L4#4, 89147LR#9, 89147L6#2 and 89147L7#1
** Includes Cusip numbers 89147LR*3 and 89147L8#0
***Total percentage of class of MRPS is 91.2%. 11.3 million MRPS shares equates to 29.89% of combined common stock and preferred stock for voting purposes.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.