Tortoise Sustainable and Social Impact:TEAF

    Manage Alerts

    Overview

    As of 1/22/2025

     Share
    Price    		NAVPremium/
    Discount
    Current$12.31$14.24-13.55%
    52 Wk Avg$12.06$14.67-17.82%
    52 Wk High$13.34$15.09-11.26%
    52 Wk Low$11.20$13.86-23.38%
    Regular Distribution Type†Managed Distribution
    Distribution Rate8.77%
    Distribution Amount$0.0900
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is to provide its common shareholders with a high level of total return with an emphasis on current distributions. Under normal market conditions, the Fund will invest at least 80% of its total assets (including assets obtained through leverage) in issuers operating in essential asset sectors.

    Capital Structure

    As of 1/22/2025

    Total Investment Exposure:$213.014M
    Total Common Assets:$192.114M
    Common Shares Outstanding:13,491,127
    Leverage

    As of 1/22/2025

    Preferred Share Assets:
    Total Debt (USD): $20.900M
    Regulatory Leverage (USD): $20.900M
    Effective Leverage (USD): $20.900M
    Effective Leverage (%): 9.81%
    Annual Expense Ratios

    As of 11/30/2024

      Per Common Share
    Management Fees1.54%
    Other Expenses:0.30%
    Baseline Expense: N/A
    Interest Expense:0.84%
    Total: 2.67%
    Fund Management

    Fund Sponsor
    Tortoise Capital Advisors, LLC

    Portfolio Managers
    Matthew Breidert, Brian A. Kessens, James R. Mick, Matthew G.P. Sallee, Robert J. Thummel, Jean Hugues De Lamaze, Stephen Pang, Nicholas Holmes, David Sifford, Eileen Fargis

    Basics
    Category: Equity-Sector Equity
    Ticker: TEAF
    NAV Ticker: XTEAX
    Average Daily Volume (shares): 35,389
    Average Daily Volume (USD): $0.426M
    Inception Date: 3/27/2019
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: Yes
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 1/22/2025

    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    		 $0.2087
    Annualized Distribution Rate on NAV:
    As of 1/22/2025    		7.58%
    Total Return on NAV (12 months):
    As of 1/22/2025    		0.10%
    Avg. Portfolio Coupon:
    As of 1/22/2025    		 9.16%
    Total % Portfolio Effectively Leveraged:
    As of 1/22/2025     		9.81%

    Pricing Information

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

    As of 1/22/2025

    PeriodAvg Discount
    6 Month-14.73%
    1 Year-17.82%
    3 Year-17.48%
    5 Year-17.78%
    Z-Score

    As of 1/22/2025

    PeriodZStat
    3 Month0.41
    6 Month0.56
    1 Year1.20
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/31/2024
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD12.16%0.10%28.60%12.57%
    202412.16%0.10%28.60%12.57%
    2023-0.64%0.62%4.81%6.23%
    2022-5.41%-2.08%-10.73%-7.15%
    202119.38%11.61%22.39%17.58%
    2020-12.74%-5.05%5.15%5.71%
    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 12/31/2024
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 1/22/2025    		9.16%
    Number of Holdings:
    As of 12/31/2024    		79
    Annual Portfolio Turnover:
    As of 11/30/2024    		23.23%
    Average Bond Price:
    As of 12/31/2024    		$86.96
    Asset Allocation

    As of 12/31/2024

    Top Sectors

    As of 12/31/2024

    Sector%Portfolio
    Utilities27.83%
    Defensive (Super Sector)27.83%
    Municipal (Super Sector)24.17%
    Sensitive (Super Sector)19.49%
    US Municipal Tax Advantaged16.37%
    Corporate Bond13.11%
    Corporate (Super Sector)13.11%
    Energy12.55%
    Municipal7.81%
    Industrials6.94%
    State Allocation

    As of 12/31/2024

    State% Portfolio
    Wisonsin8.79%
    New York3.97%
    South Carolina3.95%
    Arizona3.74%
    Florida1.71%
    Pennsylvania0.17%
    Top Holdings

    As of 12/31/2024

    HoldingValue% Portfolio
    Teaf Solar Holdco Llc$15.45M7.04%
    Teaf Solar Holdco Llc$15.45M7.04%
    One Energy$10.82M4.93%
    PUBLIC FIN AUTH WIS REV 7.5%$8.71M3.97%
    MARICOPA CNTY ARIZ INDL DEV AUTH ED REV 8.1%$7.83M3.57%
    PUBLIC FIN AUTH WIS EDL FAC REV 8.1%$5.99M2.73%
    Energy Transfer LP$5.81M2.65%
    MPLX LP Partnership Units$5.60M2.55%
    Targa Resources Corp$5.30M2.42%
    Vistra Corp$5.28M2.40%
    Credit Quality

    As of 12/31/2024

    Maturity Breakdown

    As of 12/31/2024

    Country Allocation

    As of 12/31/2024

    Country% Portfolio
    United States - Fixed Income29.15%
    United States - Equity24.70%
    Italy - Equity5.79%
    United Kingdom - Equity3.87%
    Spain - Equity3.06%
    Germany - Equity2.36%
    France - Equity2.07%
    Australia - Equity1.33%
    Portugal - Equity1.32%
    Switzerland - Equity1.05%
    China - Equity1.02%
    Canada - Equity0.75%

    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. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. 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

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