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Tortoise Capital Announces Increased Distributions for TYG Following Completion of Merger with TEAF
OVERLAND PARK, KS / ACCESS Newswire / November 11, 2025 / Tortoise Capital announced its closed-end fund, Tortoise Energy Infrastructure Corp., has declared a monthly distribution of $0.475 per share, representing a 30% increase from the Fund's prior monthly distributions.
This increase follows, and is a direct result of, the completion of the merger between Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and TYG, as previously announced.
Fund | Ticker | Distribution | Distribution Target of Average NAV | Distribution |
Tortoise Energy Infrastructure Corp. | TYG | $0.475 | 10%-15% | Monthly |
TYG monthly distributions are payable on November 28, 2025, December 31, 2025, January 30, 2026, and February 27, 2026, to shareholders of record on the respective dates of November 21, 2025, December 24, 2025, January 23, 2026, and February 20, 2026.
For book purposes, the source of distributions for TYG is estimated to be approximately 0 to 20% ordinary income, with the remainder as return of capital.
About Tortoise Capital
With approximately $9.2 billion in assets under management as of September 30, 2025, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well-
positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit http://www.TortoiseAdvisors.com.
Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Energy Infrastructure Corp.
For additional information on these funds, please visit cef.tortoisecapital.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.
Media Contacts
Craft & Capital
Chris Sullivan [email protected]
Rob Jesselson [email protected]
SOURCE: Tortoise Capital
View the original press release on ACCESS Newswire
L.Davis--AMWN