OVERLAND PARK, KS / ACCESSWIRE / July 1, 2022 / Tortoise in the present day introduced the next unaudited stability sheet data and asset protection ratio updates for TYG, NTG, TTP, NDP and TPZ.
Tortoise Vitality Infrastructure Corp. (NYSE:TYG) in the present day introduced that as of June 30, 2022, the corporate’s unaudited complete property had been roughly $576.8 million and its unaudited internet asset worth was $433.0 million, or $36.30 per share.
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As of June 30, 2022, the corporate’s asset protection ratio below the 1940 Act with respect to senior securities representing indebtedness was 545%, and its protection ratio for most well-liked shares was 407%. For extra data on the corporate’s protection ratios, please consult with the leverage abstract internet web page at https://cef.tortoiseecofin.com.
Set forth beneath is a abstract of the corporate’s unaudited stability sheet at June 30, 2022.
Unaudited stability sheet
(in Thousands and thousands) Per Share
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Investments
$574.0 $48.12
Money and Money Equivalents
1.5 0.13
Different Property
1.3 0.11
Whole Property
576.8 48.36
Quick-Time period Borrowings
19.6 1.64
Senior Notes
85.8 7.20
35.7 2.99
Whole Leverage
141.1 11.83
Different Liabilities
2.6 0.22
Present Tax Legal responsibility
0.1 0.01
Web Property
$433.0 $36.30
11.93 million frequent shares presently excellent.
Tortoise Midstream Vitality Fund, Inc. (NYSE:NTG) in the present day introduced that as of June 30, 2022, the corporate’s unaudited complete property had been roughly $288.2 million and its unaudited internet asset worth was $222.3 million, or $39.40 per share.
As of June 30, 2022, the corporate’s asset protection ratio below the 1940 Act with respect to senior securities representing indebtedness was 641%, and its protection ratio for most well-liked shares was 445%. For extra data on the corporate’s protection ratios, please consult with the leverage abstract internet web page at https://cef.tortoiseecofin.com.
Set forth beneath is a abstract of the corporate’s unaudited stability sheet at June 30, 2022.
Unaudited stability sheet
(in Thousands and thousands) Per Share
Investments
$285.3 $50.55
Money and Money Equivalents
1.1 0.19
Present Tax Asset
0.9 0.16
Different Property
0.9 0.16
Whole Property
288.2 51.06
Quick-Time period Borrowings
12.6 2.23
Senior Notes
32.2 5.70
19.7 3.49
Whole Leverage
64.5 11.42
Different Legal responsibility
1.4 0.24
Web Property
$222.3 $39.40
5.64 million frequent shares presently excellent.
Tortoise Pipeline & Vitality Fund, Inc. (NYSE:TTP) in the present day introduced that as of June 30, 2022, the corporate’s unaudited complete property had been roughly $89.0 million and its unaudited internet asset worth was $67.4 million, or $30.26 per share.
As of June 30, 2022, the corporate’s asset protection ratio below the 1940 Act with respect to senior securities representing indebtedness was 595%, and its protection ratio for most well-liked shares was 422%. For extra data on the corporate’s protection ratios, please consult with the leverage abstract internet web page at https://cef.tortoiseecofin.com.
Set forth beneath is a abstract of the corporate’s unaudited stability sheet at June 30, 2022.
Unaudited stability sheet
(in Thousands and thousands) Per Share
Investments
$88.1 $39.53
Money and Money Equivalents
0.5 0.22
Different Property
0.4 0.18
Whole Property
89.0 39.93
Quick-Time period Borrowings
10.9 4.89
Senior Notes
3.9 1.77
Most popular Inventory
6.1 2.74
Whole Leverage
20.9 9.40
Different Liabilities
0.7 0.27
Web Property
$67.4 $30.26
2.23 million frequent shares presently excellent.
Tortoise Vitality Independence Fund, Inc. (NYSE:NDP) in the present day introduced that as of June 30, 2022, the corporate’s unaudited complete property had been roughly $62.2 million and its unaudited internet asset worth was $58.5 million, or $31.72 per share.
As of June 30, 2022, the corporate’s asset protection ratio below the 1940 Act with respect to senior securities representing indebtedness was 1,874%. For extra data on the corporate’s protection ratios, please consult with the leverage abstract internet web page at https://cef.tortoiseecofin.com.
Set forth beneath is a abstract of the corporate’s unaudited stability sheet at June 30, 2022.
Unaudited stability sheet
(in Thousands and thousands) Per Share
Investments
$61.6 $33.40
Money and Money Equivalents
0.4 0.23
Different Property
0.2 0.06
Whole Property
62.2 33.69
Credit score Facility Borrowings
3.3 1.79
Different Liabilities
0.4 0.18
Web Property
$58.5 $31.72
1.85 million frequent shares presently excellent.
Tortoise Energy and Vitality Infrastructure Fund, Inc. (NYSE:TPZ) in the present day introduced that as of June 30, 2022, the corporate’s unaudited complete property had been roughly $120.1 million and its unaudited internet asset worth was $93.6 million, or $14.34 per share.
As of June 30, 2022, the corporate’s asset protection ratio below the 1940 Act with respect to senior securities representing indebtedness was 460%. For extra data on the corporate’s protection ratios, please consult with the leverage abstract internet web page at https://cef.tortoiseecofin.com.
Set forth beneath is a abstract of the corporate’s unaudited stability sheet at June 30, 2022.
Unaudited stability sheet
(in Thousands and thousands) Per Share
Investments
$118.5 $18.16
Money and Money Equivalents
0.4 0.06
Different Property
1.2 0.18
Whole Property
120.1 18.40
Credit score Facility Borrowings
26.0 3.98
Different Liabilities
0.5 0.08
Web Property
$93.6 $14.34
6.53 million frequent shares presently excellent.
The highest 10 holdings for TYG, NTG, TTP, NDP and TPZ as of the latest month-end may be discovered on every fund’s portfolio internet web page at https://cef.tortoiseecofin.com.
About Tortoise
Tortoise focuses on vitality & energy infrastructure and the transition to cleaner vitality. Tortoise’s strong observe report of vitality worth chain funding expertise and analysis dates again greater than 20 years. As one of many earliest buyers in midstream vitality, Tortoise believes it’s well-positioned to be on the forefront of the worldwide vitality evolution that’s underway. With a gradual wins method and a long-term perspective, Tortoise strives to make a optimistic influence on shoppers and communities. To study extra, please go to www.TortoiseEcofin.com.
Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Vitality Infrastructure Corp., Tortoise Midstream Vitality Fund, Inc., Tortoise Pipeline & Vitality Fund, Inc., Tortoise Vitality Independence Fund, Inc. and Tortoise Energy and Vitality Infrastructure Fund, Inc.
For added data on these funds, please go to cef.tortoiseecofin.com.
Secure harbor assertion
This press launch shall not represent a suggestion to promote or a solicitation to purchase, nor shall there be any sale of those securities in any state or jurisdiction during which such supply or solicitation or sale could be illegal previous to registration or qualification below the legal guidelines of such state or jurisdiction.
Cautionary Assertion Concerning Ahead-Wanting Statements
This press launch incorporates sure statements that will embody “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Change Act of 1934. All statements, aside from statements of historic reality, included herein are “forward-looking statements.” Though the funds and Tortoise Capital Advisors imagine that the expectations mirrored in these forward-looking statements are cheap, they do contain assumptions, dangers and uncertainties, and these expectations could show to be incorrect. Precise outcomes might differ materially from these anticipated in these forward-looking statements because of quite a lot of components, together with these mentioned within the fund’s reviews which can be filed with the Securities and Change Fee. You shouldn’t place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. Aside from as required by regulation, the funds and Tortoise Capital Advisors don’t assume an obligation to replace this forward-looking assertion.
Contact data
For extra data contact Jen Ashlock at (913) 981-1020 or [email protected].
SOURCE: Tortoise
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https://www.accesswire.com/707422/Tortoise-Supplies-Unaudited-Stability-Sheet-Data-and-Asset-Protection-Ratio-Updates-as-of-June-30-2022-for-TYG-NTG-TTP-NDP-and-TPZ