Tortoise Capital Announces Increased Distributions for TYG Following Completion of Merger with TEAF

Tue, 11 Nov 2025 19:15:00 -0500

OVERLAND PARK, KS / ACCESS Newswire / November 11, 2025 / Tortoise Capital announced its closed-end fund, Tortoise Energy Infrastructure Corp., has declared a monthly distribution of $0.475 per share, representing a 30% increase from the Fund's prior monthly distributions.

This increase follows, and is a direct result of, the completion of the merger between Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and TYG, as previously announced.

Fund

Ticker

Distribution
Amount

Distribution Target of Average NAV

Distribution
Frequency

Tortoise Energy Infrastructure Corp.

Tortoise Capital Announces Increased Distributions for TYG Following Completion of Merger with TEAF

Tue, 11 Nov 2025 19:15:00 -0500

This increase follows, and is a direct result of, the completion of the merger between Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) and TYG, as previously announced.

Fund

Ticker

Distribution
Amount

Distribution Target of Average NAV

Distribution
Frequency

Tortoise Energy Infrastructure Corp.

Form 25-NSE TORTOISE SUSTAINABLE & Filed by: NEW YORK STOCK EXCHANGE LLC

Mon, 10 Nov 2025 09:45:00 -0500

si-local-file:///var/storage/secattach/20251110/25583491.html

Form 25-NSE TORTOISE SUSTAINABLE & Filed by: NEW YORK STOCK EXCHANGE LLC

Mon, 10 Nov 2025 09:45:00 -0500

si-local-file:///var/storage/secattach/20251110/25583491.html

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

Tortoise Capital Advisors completed the merger between Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF), with TYG continuing as the surviving fund.

The merger was completed on November 7, 2025, resulting in combined assets under management of $1.3 billion for TYG. Under the merger terms, TYG acquired all assets and liabilities of TEAF, with TEAF shares converted to newly issued TYG shares at an exchange ratio of 0.2882637 based on respective net asset values.

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital completes merger of TYG and TEAF funds

Mon, 10 Nov 2025 08:01:30 -0500

TYG maintains its investment strategy focused on seeking total return with emphasis on current distributions. The fund provides access to

Tortoise Capital Completes Merger of Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF)