Tortoise Essential Assets Income Term Stock News

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

Ecofin Sustainable and Social Impact Term Fund is trading at a substantial discount of around 24% to its net asset value per share. The fund has a unique focus on infrastructure, including not only yo

CEF activist Saba Capital is buying TEAF, potentially narrowing its high discount. Infrastructure and renewable energy stocks have underperformed in 2023 due to rising interest rates, market psycholog

Ecofin Sustainable and Social Impact Term Fund offers a unique portfolio with a comprehensive infrastructure approach, including social infrastructure investments. TEAF has traded at a deep discount s

Ecofin Sustainable and Social Impact Term Fund offers a unique blend of fossil fuels and renewables, with a focus on transitional energy investments plus other social infrastructure investments. The f

After a strong January, the markets have taken a turn lower for the month of February. While a general pause could be warranted after such a run, strong economic data and inflation sent the markets lo

TEAF invests in essential infrastructure projects, both public and private. The fund trades at a deep and attractive discount, presenting a potential investment opportunity.

This multi-strategy term fund from Tortoise Ecofin pays a nearly 8% yield based on $0.09 monthly with capital appreciation potential. The fund focuses on environmental and social investments in essent

TEAF is a unique investment, even amongst closed-end funds that can get rather niche. They invest in a portfolio generally split about 50/50 between public and private investments.

TEAF has provided a cushion from the market blows this year as it has held up fairly well. Part of what has driven the performance relative to the broader markets is the weighting to energy, the best

TEAF: Sustainable Growth And 7% Yield

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the October monthly distribution of $0.06 per share payable on October 29, 2021, to

I've written several times on TEAF; it continues to be an attractive value in the CEF space. The discount is staying rather persistent, but that adds a level of safety for further declines.