TYG

Weekly Report: what happened at TYG last week (0408-0412)?

Weekly Report: what happened at TYG last week (0401-0405)?

Tortoise reports unaudited NAV for TYG, NTG, TTP, NDP and TPZ

Financials Tortoise reports unaudited NAV for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corporation's total assets were $529.6M as of March 28. The company's net asset value was $415.8M.

TORTOISE ENERGY INFRASTRUCTURE CORP - BOARD APPOINTED SEAN WICKLIFFE TO SERVE AS PRINCIPAL FINANCIAL OFFICER AND TREASURER

Weekly Report: what happened at TYG last week (0325-0329)?

FEN: Impending ETF Conversion Makes This Fund A Good Short-Term Play

First Trust Energy Income and Growth Fund offers investors a way to add midstream partnerships to retirement accounts without tax complications. The fund's current yield of 7.43% is lower than some other options in the midstream energy space. Fund is converting into an ETF within the next month, which will erase the fund's discount. Fund has historically performed well and did not decline as much as other funds during the COVID-19 pandemic.

Weekly Report: what happened at TYG last week (0318-0322)?

TYG: Performance Laggard With No Near-Term Catalyst

Tortoise Energy Infrastructure Corp. Is a closed-end fund that invests in midstream and renewable energy companies to provide high current income. The fund has underperformed the S&P 500 Index and Alerian MLP Index since its last discussion in December of 2023. The focus on renewable energy has contributed to the fund's recent underperformance. There is no upside or downside catalyst for the fund.