Tortoise Essential Assets Income Term (TEAF)
11.39
+0.10
(+0.89%)
USD |
NYSE |
Apr 17, 16:00
11.39
0.00 (0.00%)
After-Hours: 19:26
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
2.67% | -20.38% | 191.30M | 36223.50 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
9.48% | 23.23% | -- | Upgrade |
Basic Info
Investment Strategy | |
The Fund’s investment objective is to provide its common shareholders with a high level of total return with an emphasis on current distributions. Under normal market conditions, the Fund will invest at least 80% of its total assets (including assets obtained through leverage) in issuers operating in essential asset sectors. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Global Allocation |
Category Index | Morningstar Gbl Allocation TR USD |
Global Category Name | Allocation Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
Prospectus Benchmark Index | |
S&P Global Infrastructure TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Brian Kessens | 5.02 yrs |
David Sifford | 5.02 yrs |
James Mick | 5.02 yrs |
Jean Hugues De Lamaze | 5.02 yrs |
Matthew Breidert | 5.02 yrs |
Matthew Sallee | 5.02 yrs |
Nicholas Holmes | 5.02 yrs |
Robert Thummel | 5.02 yrs |
Stephen Pang | 5.02 yrs |
Eileen Fargis | 1.34 yrs |
Performance Versus Category
As of April 16, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 16, 2024.
Basic Info
Investment Strategy | |
The Fund’s investment objective is to provide its common shareholders with a high level of total return with an emphasis on current distributions. Under normal market conditions, the Fund will invest at least 80% of its total assets (including assets obtained through leverage) in issuers operating in essential asset sectors. |
General | |
Security Type | Closed-End Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Allocation |
Broad Category | Allocation |
Category Name | Global Allocation |
Category Index | Morningstar Gbl Allocation TR USD |
Global Category Name | Allocation Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
Prospectus Benchmark Index | |
S&P Global Infrastructure TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Brian Kessens | 5.02 yrs |
David Sifford | 5.02 yrs |
James Mick | 5.02 yrs |
Jean Hugues De Lamaze | 5.02 yrs |
Matthew Breidert | 5.02 yrs |
Matthew Sallee | 5.02 yrs |
Nicholas Holmes | 5.02 yrs |
Robert Thummel | 5.02 yrs |
Stephen Pang | 5.02 yrs |
Eileen Fargis | 1.34 yrs |