Tortoise Essential Assets Income Term Fund (NYSE: TEAF) Provides Update on Fund’s Direct Investments
Tortoise Sustainable and Social Impact Term Fund Common shares of beneficial interest (TEAF)
Company Research
Source: Business Wire
LEAWOOD, Kan.--(BUSINESS WIRE)--Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on direct investments.Since the last update issued on June 4, 2019, the fund closed on three direct social infrastructure investments totaling approximately $6.7 million. The fund also expects to close in the coming weeks on an additional $9 million social infrastructure investment and a $17.8 million portfolio of solar projects that will bring the fund’s total direct investment commitments to $56.3 million or 19% of the portfolio.The social infrastructure direct investments include follow-on financing for a charter school in Idaho with capacity to serve 550 students, a new charter school in Florida and a new senior living facility in Wisconsin with 179 units offering the continuum of care including independent and assisted living and memory care.“Our goal is to allocate approximately 60% of the portfolio into direct investments within the first year,” said Portfolio Manager
Show less
Read more
Impact Snapshot
Event Time:
TEAF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TEAF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TEAF alerts
High impacting Tortoise Sustainable and Social Impact Term Fund Common shares of beneficial interest news events
Weekly update
A roundup of the hottest topics
TEAF
News
- Tortoise Pipeline & Energy Fund, Inc. Provides Section 19(a) NoticeAccesswire
- Tortoise Capital Announces Tortoise Decarbonization Infrastructure Index Constituent Changes Due to Corporate ActionAccesswire
- Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) NoticeAccesswire
- Tortoise Capital Announces Closed-End Fund Distributions Accesswire
- Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAFAccesswire
TEAF
Sec Filings
- 11/7/24 - Form DEFA14A
- 11/7/24 - Form 8-K
- 10/28/24 - Form N-PX/A
- TEAF's page on the SEC website