Welcome to our dedicated page for Tortoise Energy Infrastructure Total Return Fd;Ins news (Ticker: TORIX), a resource for investors and traders seeking the latest updates and insights on Tortoise Energy Infrastructure Total Return Fd;Ins stock.
Tortoise Energy Infrastructure TR Ins (symbol: TORIX) is a fund focusing on the large and diverse North American pipeline universe. It primarily invests in equity securities of energy infrastructure companies involved in processing, transporting, storing, and marketing natural gas, natural gas liquids, refined products, crude oil, power, and renewable infrastructure. The fund aims to provide access to the substantial pipeline network in North America, offering an efficient tax flow-through structure, no unrelated business taxable income, and suitability for IRAs and tax-exempt entities.
The fund also considers Ecofin Global Renewables Infrastructure Fund, which is an impact fund investing in listed companies owning low-carbon power generation assets. It targets companies benefitting from the high demand growth for clean electricity and delivering measurable decarbonization benefits. Together, Tortoise Energy Infrastructure TR Ins and Ecofin Global Renewables Infrastructure Fund aim to provide diversified exposure to essential assets and renewable energy infrastructure, offering investors an opportunity for strong risk-adjusted returns.
Tortoise Capital has released its estimated capital gain distributions for open-end mutual funds for 2024. The announcement includes estimates for the Tortoise Energy Infrastructure Total Return Fund and Tortoise Energy Infrastructure and Income Fund, with both funds showing $0.00 in estimated short-term and long-term capital gains. These estimates are based on capital gain amounts as of October 31, 2024, and are subject to change. Final amounts will be reported on Form 1099-DIV, to be mailed in early 2025.
TortoiseEcofin has announced estimated capital gain distributions for its open end mutual funds to be paid in 2021. Shareholders are provided estimates based on capital gain amounts as of October 31, 2021. Notably, both short-term and long-term estimated capital gains for the Tortoise MLP & Pipeline Fund (TORIX), Tortoise MLP & Energy Income Fund (NCVLX), and other funds are stated as $0.00. An anticipated corporate action by November 30, 2021, may trigger an additional capital gain distribution of approximately $0.21 (short-term) and $0.01 (long-term) for the Ecofin Global Renewables Infrastructure Fund.