TEAF
NYSETortoise Sustainable and Social Impact Term Fund
Price$12.25+0.21 (+1.74%)
2025-08-072025-11-07
Latest news
25 items- SECAmendment: SEC Form SCHEDULE 13D/A filed by Tortoise Sustainable and Social Impact Term FundSCHEDULE 13D/A - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Subject)
- NEWSTortoise Capital Announces Increased Distributions for TYG Following Completion of Merger with TEAFOVERLAND 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.FundTickerDistributionAmountDistribution Target of Average NAVDistributionFrequencyTortoise Energy Infrastructure Corp.TYG$0.47510%-15%MonthlyTYG monthly distributions are payable on November 28, 2025, December 31, 2025, January 30, 2026, and Feb
- SECSEC Form 25-NSE filed by Tortoise Sustainable and Social Impact Term Fund25-NSE - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Subject)
- PRTortoise Capital Completes Merger of Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF)Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy investing, today announced the completion of the merger between Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and Tortoise Energy Infrastructure Corp. (NYSE:TYG) with TYG emerging as the continuing fund. As of Nov. 7, 2025, the combined total assets under management (AUM) of TYG were $1.3 billion. Under the terms of the merger, TYG acquired all assets and liabilities of TEAF. Shares of TEAF were converted into newly issued TYG shares based on their respective net asset values as of Nov. 7, 2025, at an exchange ratio of 0.2882637. TYG will maintain its original investment strategy and ob
- SECAmendment: SEC Form SCHEDULE 13D/A filed by Tortoise Sustainable and Social Impact Term FundSCHEDULE 13D/A - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Subject)
- INSIDERLarge owner Saba Capital Management, L.P. sold $4,230,058 worth of shares (340,213 units at $12.43) (SEC Form 4)4 - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Issuer)
- INSIDERLarge owner Saba Capital Management, L.P. sold $238,148 worth of shares (19,221 units at $12.39) (SEC Form 4)4 - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Issuer)
- INSIDERSEC Form 3 filed by new insider Iseman Andrew J3 - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Issuer)
- PRTortoise Capital Announces Shareholder Approval of Closed-End Fund MergerTortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy investing, today announced that shareholders for Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and Tortoise Energy Infrastructure Corp. (NYSE:TYG), both closed-end funds, have approved the merger of TEAF into TYG, with TYG as the remaining company. The combined fund will offer investors a more efficient and scaled vehicle for accessing high-quality energy and power infrastructure opportunities. This strategic merger cements TYG as Tortoise Capital's flagship closed-end fund providing shareholders with refined efficiency and increased scale for bottom-up, fundamentals based, high-quality e
- INSIDERSEC Form 3 filed by new insider Schoffman Carrie3 - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Issuer)
- NEWSTortoise Capital Announces Closed-End Fund DistributionsDistribution Amounts and Dates Declared for:Tortoise Energy Infrastructure Corp. (NYSE:TYG)Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) OVERLAND PARK, KS / ACCESS Newswire / October 15, 2025 / Tortoise Capital announced distributions declared by its closed-end funds.Tortoise Capital closed-end funds distribution details are as follows:FundTickerDistributionAmountDistributionFrequencyTortoise Energy Infrastructure Corp.TYG$0.365MonthlyTortoise Sustainable and Social Impact Term FundTEAF$0.090MonthlyTYG and TEAF monthly distributions are payable on October 31, 2025, to shareholders of record on the respective date of October 24, 2025.For book purposes, the source of distributio
- NEWSTortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2025, for TYG and TEAFTortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. OVERLAND PARK, KS / ACCESS Newswire / October 1, 2025 / Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of September 30, 2025, the company's unaudited total assets were approximately $1.1 billion and its unaudited net asset value was $810.3 million, or $47.01 per share.As of September 30, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 637%, and its coverage ratio for preferred shares was 447%. For more information on the company's coverage rati
- NEWSTortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 29, 2025, for TYG and TEAFOVERLAND PARK, KS / ACCESS Newswire / September 2, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of August 29, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset value was $788.7 million, or $45.76 per share.As of August 29, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 685%, and its coverage ratio for preferred shares was 464%. For more information on the company's coverage ratios, p
- SECSEC Form N-PX filed by Tortoise Sustainable and Social Impact Term FundN-PX - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- NEWSTortoise Capital Announces Closed-End Fund DistributionsOVERLAND PARK, KS / ACCESS Newswire / August 14, 2025 / Tortoise Capital announced distributions declared by its closed-end funds.Tortoise Capital closed-end funds distribution details are as follows:FundTickerDistributionAmountDistributionFrequencyTortoise Energy Infrastructure Corp.TYG$0.365MonthlyTortoise Sustainable and Social Impact Term FundTEAF$0.090MonthlyTYG and TEAF monthly distributions are payable on September 30, 2025, to shareholders of record on the respective date of September 23, 2025.For book purposes, the source of distributions for TYG and TEAF is estimated to be approximately 0 to 10% ordinary income, with the remainder as return of capital.About Tortoise CapitalWith app
- SECSEC Form N-CSRS filed by Tortoise Sustainable and Social Impact Term FundN-CSRS - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- NEWSTortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2025, for TYG and TEAFOVERLAND PARK, KS / ACCESS Newswire / August 1, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 31, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset value was $815.9 million, or $47.34 per share.As of July 31, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 634%, and its coverage ratio for preferred shares was 496%. For more information on the company's coverage ratios, please r
- NEWSTortoise Capital Releases Combined 2025 Closed-End Fund Semi-Annual ReportOVERLAND PARK, KS / ACCESS Newswire / July 30, 2025 / Tortoise Capital today announced the release of the combined 2025 semi-annual stockholders' report for the Tortoise Energy Infrastructure Corp. (NYSE:TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF). The semi-annual report is available online at cef.tortoisecapital.com. Please call (866) 362-9331 or email info@tortoisecapital.com to request a hard copy of this report free of charge.About Tortoise CapitalWith approximately $9.1 billion in assets under management as of June 30, 2025, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, T
- SECSEC Form DEFA14A filed by Tortoise Sustainable and Social Impact Term FundDEFA14A - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- SECTortoise Sustainable and Social Impact Term Fund filed SEC Form 8-K: Leadership Update8-K - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- SECSEC Form DEFA14A filed by Tortoise Sustainable and Social Impact Term FundDEFA14A - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- SECSEC Form DEF 14A filed by Tortoise Sustainable and Social Impact Term FundDEF 14A - TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (0001704299) (Filer)
- NEWSTortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2025, for TYG and TEAFOVERLAND PARK, KS / ACCESS Newswire / July 1, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of June 30, 2025, the company's unaudited total assets were approximately $1.0 billion and its unaudited net asset value was $800.0 million, or $46.41 per share.As of June 30, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 635%, and its coverage ratio for preferred shares was 495%. For more information on the company's coverage ratios, please ref
- PRTortoise Capital Announces Strategic Merger of TEAF into TYGTortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy investing, today announced plans to merge two of its closed-end funds. The board of directors of each of Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and Tortoise Energy Infrastructure Corp. (NYSE:TYG) have approved the merger of TEAF into TYG, with TYG as the surviving company. This strategic merger is designed to enhance scale, improve efficiency, and strengthen Tortoise Capital's leadership in energy infrastructure investing – while better serving shareholders. As of May 31, 2025, the combined total assets under management of TYG and TEAF are approximately $1.2 billion. TYG will ret
- NEWSTortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 30, 2025, for TYG and TEAFOVERLAND PARK, KS / ACCESS Newswire / June 2, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 30, 2025, the company's unaudited total assets were approximately $969.2 million and its unaudited net asset value was $772.2 million, or $44.80 per share.As of May 30, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 679%, and its coverage ratio for preferred shares was 515%. For more information on the company's coverage ratios, please ref
TEAF FAQ
6 questionsWhat does Tortoise Sustainable and Social Impact Term Fund do?
Tortoise Essential Assets Income Term Fund is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in equity and fixed income markets. The fund seeks to invest in securities of companies operating in the essential asset sectors, which includes education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors. The fund primarily seeks to invest in stocks of companies across all market capitalizations, as well as in corporate and government...Where does TEAF stock trade?
Tortoise Sustainable and Social Impact Term Fund (TEAF) is listed on NYSE.What sector and industry is TEAF in?
Tortoise Sustainable and Social Impact Term Fund operates in the Finance sector, Trusts Except Educational Religious and Charitable industry.When did Tortoise Sustainable and Social Impact Term Fund go public?
Tortoise Sustainable and Social Impact Term Fund (TEAF) completed its IPO in 2019.What companies are similar to TEAF?
Notable peers in the same industry include BNY (BlackRock New York Municipal Income Trust), BXSL (Blackstone Secured Lending Fund), PDI (PIMCO Dynamic Income Fund), BGR (BlackRock Energy and Resources Trust), NUV (Nuveen Municipal Value Fund Inc.). Compare TEAF side-by-side with any of them on Quantisnow.How can I track TEAF on Quantisnow?
Quantisnow aggregates Tortoise Sustainable and Social Impact Term Fund's SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow TEAF to receive live email and push alerts on every new disclosure.