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Tortoise Capital Updates Balance Sheet Information for TYG and TEAF Funds as of June 30, 2025

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#Tortoise Capital Reports Financial Stability for TYG and TEAF

As of June 30, 2025, Tortoise Capital has released its latest unaudited balance sheet updates for Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Sustainable and Social Impact Term Fund (TEAF). Both funds exhibit strong asset totals and favorable asset coverage ratios, highlighting their solid financial standing.

#Financial Overview for TYG

Tortoise Energy Infrastructure Corp. reported that its total assets amounted to approximately $1.0 billion, with a net asset value of $800 million, equating to $46.41 per share. The fund's asset coverage ratios are significantly robust, registering at 635% for senior securities relating to indebtedness and 495% for preferred shares, indicating a secure capacity to meet financial obligations.

#TEAF Asset Performance

The Tortoise Sustainable and Social Impact Term Fund also demonstrated positive figures as of the same date, announcing total assets of approximately $214.6 million and a net asset value of $181.2 million, which translates to $13.43 per share. TEAF's asset coverage ratio for senior securities stood at an impressive 659%, reinforcing the fund’s stable financial foundation.

#Additional Insights and Investor Resources

Investors interested in the overarching performance of TYG and TEAF can obtain further details on their top ten holdings through the respective portfolio web pages. Furthermore, TEAF provides updates on direct investments, allowing stakeholders to gain insights into both the fund's strategic decisions and its portfolio performance.

#Key Takeaways

  • TYG reported total assets of approximately $1.0 billion and a net asset value of $800 million as of June 30, 2025.
  • TEAF announced total assets of roughly $214.6 million with a net asset value of $181.2 million on the same date.
  • The asset coverage ratio for TYG was noted at 635% for senior securities, while TEAF reported a stronger ratio at 659%.
  • Investors can access detailed portfolio information for both funds through the Tortoise Capital website.
  • Tortoise Capital manages approximately $8.9 billion in assets, focusing on energy infrastructure investments.

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Frequently Asked Questions

As of June 30, 2025, TYG reported total assets of approximately $1.0 billion and a net asset value of $800 million, translating to $46.41 per share, which reflects a solid financial position.
TYG's asset coverage ratio for senior securities representing indebtedness is 635%, indicating a strong ability to meet its financial obligations, which bodes well for investor confidence.
TEAF has an asset coverage ratio of 659%, surpassing that of TYG, which suggests it may have an even stronger cushion against financial challenges.
As of June 30, 2025, TEAF's net asset value stood at $181.2 million, or $13.43 per share, indicating a stable value that may attract potential investors.
Tortoise Capital manages approximately $8.9 billion in assets, showcasing its experience and capacity in the investment landscape, particularly in energy infrastructure.
TYG has 17.24 million common shares outstanding, providing potential for returns as the fund navigates the energy market.
Investors can access the top 10 holdings for both TYG and TEAF on their respective portfolio web pages, allowing for informed decision-making based on current allocations.
TEAF offers updates on its direct investments on its website, giving investors visibility into the fund's portfolio performance and strategic decisions.