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Stock impact report

Tortoise Essential Assets Income Term Fund (NYSE: TEAF) Provides Update on Fund’s Direct Investments and Portfolio Allocation

Ecofin Sustainable and Social Impact Term Fund (TEAF) 
Company Research Source: Business Wire
LEAWOOD, KS.--(BUSINESS WIRE)--Tortoise Essential Assets Income Term Fund (NYSE: TEAF) provides an update on direct investments and portfolio allocation as of Feb. 29, 2019 on the company website here.Updates on the fund’s direct investments, portfolio asset allocation, structure types and impact statistics will continue to be posted here, on a monthly basis, until the fund reaches its target of 60% direct investments.In addition, on a monthly basis, details on each private deal that has taken place over the prior month will be published here.The list includes all deals completed since the fund’s inception through Feb. 29, 2020.Additionally, TEAF announced that its Board of Directors approved a modification to a non-fundamental investment policy, which will become effective immediately. To provide the investment team more flexibility in managing the fund and allow for the potential to capture market appreciation, the fund has increased its limit of non-U.S. securities to 50% from Show less Read more
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