Tortoise Energy Infrastructure Corp.:TYG

    Manage Alerts

    Overview

    As of 11/22/2024

     Share
    Price    		NAVPremium/
    Discount
    Current$44.95$51.78-13.19%
    52 Wk Avg$33.49$39.86-16.17%
    52 Wk High$45.34$52.57-9.47%
    52 Wk Low$27.44$33.92-20.52%
    Regular Distribution Type†Income Only
    Distribution Rate6.94%
    Distribution Amount$0.7800
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Tortoise Energy Infrastructure Corp. (TYG) seeks a high level of total return with an emphasis on current distributions paid to stockholders. TYG invests primarily in equity securities in energy infrastructure companies. The fund is positioned to benefit from growing energy demand and accelerated efforts to reduce global CO2 emissions in energy production. Energy infrastructure companies generate, transport and distribute electricity, as well as process, store, distribute and market natural gas, natural gas liquids, refined products and crude oil..

    Capital Structure

    As of 11/22/2024

    Total Investment Exposure:$672.926M
    Total Common Assets:$557.408M
    Common Shares Outstanding:10,764,933
    Leverage

    As of 11/22/2024

    Preferred Share Assets: $35.625M
    Total Debt (USD): $79.893M
    Regulatory Leverage (USD): $115.517M
    Effective Leverage (USD): $115.517M
    Effective Leverage (%): 17.17%
    Annual Expense Ratios

    As of 11/30/2023

      Per Common Share
    Management Fees1.24%
    Other Expenses:0.81%
    Baseline Expense: N/A
    Interest Expense:0.99%
    Total: 3.04%
    Fund Management

    Fund Sponsor
    Tortoise Capital Advisors, LLC

    Portfolio Managers
    Brian A. Kessens, James R. Mick, Matthew G.P. Sallee, Robert J. Thummel, Stephen Pang

    Basics
    Category: Equity-MLP
    Ticker: TYG
    NAV Ticker: XTYGX
    Average Daily Volume (shares): 41,603
    Average Daily Volume (USD): $1.358M
    Inception Date: 2/27/2004
    Inception Share Price: $25.00
    Inception NAV: $23.88
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 11/22/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 5/31/2024    		 $0.0777
    Annualized Distribution Rate on NAV:
    As of 11/22/2024    		6.03%
    Total Return on NAV (12 months):
    As of 11/22/2024    		47.68%
    Total % Portfolio Effectively Leveraged:
    As of 11/22/2024     		17.17%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 11/22/2024

    PeriodAvg Discount
    6 Month-14.02%
    1 Year-16.17%
    3 Year-17.31%
    5 Year-18.38%
    Z-Score

    As of 11/22/2024

    PeriodZStat
    3 Month-0.57
    6 Month0.40
    1 Year1.07
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2024
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD49.81%35.76%39.62%32.69%
    2023-0.37%-1.81%20.36%10.57%
    202224.16%18.41%25.20%21.74%
    202146.83%42.67%56.43%44.11%
    2020-70.29%-64.71%-61.23%-56.67%
    20191.94%3.88%17.37%14.66%
    2018-24.75%-16.71%-22.71%-17.74%
    20173.23%1.24%-0.99%-6.10%
    201620.85%15.71%34.01%32.63%
    2015-31.68%-35.35%-44.56%-43.51%
    2014-3.43%12.77%4.09%6.22%
    201332.16%34.18%20.35%29.75%
    20120.23%4.30%9.61%3.20%
    201110.81%12.59%  
    201031.51%32.57%  
    200999.46%81.86%  
    2008-44.35%-45.00%  
    20071.66%6.69%  
    200637.47%31.10%  
    20054.50%4.30%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/31/2024
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2024    		32
    Annual Portfolio Turnover:
    As of 11/30/2023    		41.98%
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Energy64.62%
    Sensitive (Super Sector)64.62%
    Defensive (Super Sector)33.36%
    Utilities33.36%
    Corporate (Super Sector)0.85%
    Preferred Stock0.85%
    Cash Equivalents0.29%
    Cash Equivalents (Super Sector)0.29%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    Williams Companies Inc$48.81M8.15%
    Targa Resources Corp$48.80M8.15%
    ONEOK Inc$46.64M7.79%
    Sempra$43.16M7.21%
    MPLX LP Partnership Units$42.12M7.04%
    Hess Midstream LP Class A$34.53M5.77%
    Constellation Energy Corp$33.52M5.60%
    Energy Transfer LP$30.16M5.04%
    Vistra Corp$26.30M4.39%
    Clearway Energy Inc Class C$23.28M3.89%
    Credit Quality

    As of 9/30/2024

    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Equity96.47%
    Canada - Equity1.50%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

    Powered by Morningstar

    View Morningstar Notice and Disclaimer