Tortoise

Tortoise Closed-End Funds Announce the Board’s Approval of Amended and Restated Bylaws

Retrieved on: 
Tuesday, October 27, 2020

In addition, each funds Bylaws include modifying the advance notice requirements and exclusive forum provisions.

Key Points: 
  • In addition, each funds Bylaws include modifying the advance notice requirements and exclusive forum provisions.
  • The funds amended Bylaws are available in the Governance section of each funds webpage at cef.tortoiseecofin.com .
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Announces a Share Repurchase Program for TPZ and Provides Update on Current Repurchase Programs

Retrieved on: 
Wednesday, October 14, 2020

Tortoise focuses on energy infrastructure and the transition to cleaner energy.

Key Points: 
  • Tortoise focuses on energy infrastructure and the transition to cleaner energy.
  • Tortoises solid track record of energy value chain investment experience and research dates back more than 20 years.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Announces Rebranding of Its Sustainable-Focused Investing Strategies to Ecofin

Retrieved on: 
Friday, October 9, 2020

Tortoise has announced that it rebranded its sustainable-focused investing strategies to Ecofin.

Key Points: 
  • Tortoise has announced that it rebranded its sustainable-focused investing strategies to Ecofin.
  • The parent company, now named TortoiseEcofin, acquired Ecofin Limited in 2018 as part of its efforts to expand its sustainable investing expertise and global footprint.
  • Ecofin is a sustainable investment firm with a mission to generate strong risk-adjusted returns while making a positive impact on society.
  • Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively "Ecofin").

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF

Retrieved on: 
Friday, October 2, 2020

Tortoises solid track record of energy value chain investment experience and research dates back more than 20 years.

Key Points: 
  • Tortoises solid track record of energy value chain investment experience and research dates back more than 20 years.
  • As one of the earliest investors in midstream energy, Tortoise is well-positioned to be at the forefront of the global energy evolution that is underway.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

Retrieved on: 
Wednesday, September 30, 2020

A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • Tortoise Capital Advisors is the Adviser to the Tortoise Power and Energy Infrastructure Fund, Inc.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 31, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF

Retrieved on: 
Wednesday, September 2, 2020

Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.

Key Points: 
  • Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Essential Assets Income Term Fund (NYSE: TEAF) Provides Update on Fund’s Direct Investments and Portfolio Allocation

Retrieved on: 
Wednesday, August 12, 2020

Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on the funds direct investments, portfolio asset allocation, structure types and impact statistics as of July 31, 2020 on the company website here .

Key Points: 
  • Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on the funds direct investments, portfolio asset allocation, structure types and impact statistics as of July 31, 2020 on the company website here .
  • TEAF is managed with a long-term focus on essential assets through public and direct investments across social infrastructure, sustainable infrastructure and energy infrastructure.
  • Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.
  • Ecofin Advisors Limited is a sub-adviser to Tortoise Essential Assets Income Term Fund.

Tortoise Announces Distribution Amounts and Dates for TTP, TPZ and TEAF

Retrieved on: 
Wednesday, August 5, 2020

The Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) quarterly distribution is payable on August 31, 2020 to stockholders of record on August 24, 2020.

Key Points: 
  • The Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) quarterly distribution is payable on August 31, 2020 to stockholders of record on August 24, 2020.
  • The Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) August monthly distribution is payable on August 31, 2020 to shareholders of record on August 24, 2020.
  • TTP and TPZ estimate that they have distributed more than their income and net realized capital gains; therefore, a portion of the distribution may be return of capital.
  • is the adviser to Tortoise Pipeline & Energy Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2020 for TYG, NTG, TTP, NDP, TPZ and TEAF

Retrieved on: 
Monday, August 3, 2020

Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.

Key Points: 
  • Tortoise invests in essential assets those assets and services that are indispensable to the economy and society.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., Tortoise Power and Energy Infrastructure Fund, Inc. and Tortoise Essential Assets Income Term Fund.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

Retrieved on: 
Friday, July 31, 2020

A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • Tortoise Capital Advisors is the Adviser to the Tortoise Power and Energy Infrastructure Fund, Inc.
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.