TEAF: Weak Performance History But Transformation May Be On The Horizon [Seeking Alpha]
Tortoise Sustainable and Social Impact Term Fund Common shares of beneficial interest (TEAF)
Company Research
Source: Seeking Alpha
Nick Ackerman Investing Group Leader Follow Summary Tortoise Capital has been restructuring its business with the announcement of selling off some assets that don't fit its traditional energy-focused platform. TEAF is one of their more unique offerings, given the private investments in renewables, which doesn't necessarily fit with the new platform focus of Tortoise overall. Activist investors like Saba Capital Management have been pushing for changes successfully in the Tortoise CEF suite, and TEAF appears to be next up for potential shake-ups. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » PM Images Written by Nick Ackerman, co-produced by Stanford Chemist Tortoise has been busy restructuring their business back into a traditional energy and power infrastructure investment firm. That came with the new CEO announcing that they will sell the Ecofin Advisors Limited business and its priv
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TEAF
News
- 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
- Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) NoticeAccesswire
- Tortoise Capital Announces Tortoise Recycling Decarbonization Index and Tortoise Recycling Decarbonization UCITS Index Constituent Changes Due to Corporate ActionAccesswire
- Tortoise Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly CommentaryAccesswire
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