Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 30, 2025, for TYG and TEAF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2025
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Source: Yahoo Finance
Tortoise Capital Fund Updates: Tortoise Capital announced unaudited balance sheet information for its closed-end funds, TYG and TEAF, as of May 30, 2025, reporting total assets of approximately $969.2 million for TYG and $209.2 million for TEAF, with respective net asset values of $772.2 million ($44.80 per share) and $177.0 million ($13.12 per share).
Asset Coverage Ratios: The asset coverage ratios for TYG were reported at 679% for senior securities and 515% for preferred shares, while TEAF's ratio was 664% for senior securities, indicating strong financial leverage and stability for both funds.
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About TYG
Tortoise Energy Infrastructure Corporation (TYG) is a non-diversified, closed-end management investment company. TYG's investment objective is to seek a high level of total return with an emphasis on current distributions paid to stockholders. Under normal circumstances, TYG invests at least 90% of its total investments, defined as the value of all investments reported as total investments in its schedule of investments, in securities of energy infrastructure companies. TYG may invest up to 30% of its total investments in restricted securities, primarily through direct placements. The aggregate of all of TYG's investments in private companies that do not have any publicly traded shares or units are limited to 5% of its total investments. TYG may invest up to 25% of its total investments in debt securities of energy infrastructure companies, including certain securities rated below investment grade (junk bonds). TYG's investment adviser is Tortoise Capital Advisors, L.L.C.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








