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Tortoise Capital Announces Closed-End Fund Distributions

1. Tortoise Capital declared TEAF's monthly $0.090 distribution. 2. Upcoming TEAF distributions set for Mar, Apr, and May 2025.

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FAQ

Why Neutral?

This is a routine distribution announcement typical for closed-end funds, offering a steady yield without altering core fundamentals. Similar announcements historically led to minimal price deviations.

How important is it?

The announcement confirms regular monthly payouts for TEAF, which is of moderate interest to yield-focused investors, but it is a standard event with no transformational impact.

Why Short Term?

Distribution dates can prompt short-term trading adjustments as yield-seeking investors reposition, but effects are generally transient.

Related Companies

TYGTEAF
Distribution 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 / February 20, 2025 / Tortoise Capital announced distributions declared by its closed-end funds. Tortoise Capital closed-end funds distribution details are as follows: Fund Ticker Distribution Amount Distribution Frequency Tortoise Energy Infrastructure Corp. TYG $0.365 Monthly Tortoise Sustainable and Social Impact Term Fund TEAF $0.090 Monthly TYG and TEAF monthly distributions are payable on Mar. 31, 2025, April 30, 2025, and May 30, 2025, to shareholders of record on the respective dates of Mar. 24, 2025, April 23, 2025, and May 23, 2025.

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