Tortoise Announces Release of the 2020 First Quarter Report for Closed-End Funds (TYG, NTG, TTP, NDP, TPZ and TEAF)
April 29 2020 - 5:52PM
Business Wire
Tortoise announced today the release of the combined 2020 first
quarter stockholders’ report for TYG, NTG, TTP, NDP, TPZ and
TEAF.
This report is available online at cef.tortoiseadvisors.com.
Please call (866) 362-9331 or email info@tortoiseadvisors.com to
request hard copies of this report free of charge.
Tortoise would also like to provide an update on TEAF’s direct
investments. As of April 27, 2020, the fund’s direct investment
allocation stood at 42%. The fund is on track to achieve its target
allocation of 60% direct investments over the next 4-6 months.
About Tortoise
Tortoise invests in essential assets – those assets and services
that are indispensable to the economy and society. With a steady
wins approach and a long-term perspective, Tortoise strives to make
a positive impact on clients and communities. For additional
information, please visit tortoiseadvisors.com
Tortoise Capital Advisors, L.L.C. is the Adviser to Tortoise
Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc.,
Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy
Independence Fund, Inc., Tortoise Power and Energy Infrastructure
Fund, Inc. and Tortoise Essential Assets Income Term Fund. Tortoise
Advisors UK Limited is a subadvisor to Tortoise Essential Assets
Income Term Fund.
Safe harbor statement
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain statements that may include
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements, other than statements of
historical fact, included herein are "forward-looking statements."
Although the funds and Tortoise Capital Advisors believe that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Actual results
could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the fund’s reports that are filed with
the Securities and Exchange Commission. You should not place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. Other than as required by law,
the funds and Tortoise Capital Advisors do not assume a duty to
update this forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20200429005930/en/
Maggie Zastrow, (913) 981-1020 info@tortoiseadvisors.com
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