Ecofin Sustainable and Social Impact Term Fund Announces its Monthly Distribution, Payable on June 28, 2024, July 31, 2024, and August 30, 2024, Respectively
May 09, 2024 at 03:55 am IST
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Ecofin Sustainable and Social Impact Term Fund announced its monthly distribution of $0.09 per share. This distribution falls within the managed distribution target range of 6-8% of the Fund's trailing average NAV. TEAF monthly distributions are payable on June 28, 2024, July 31, 2024, and August 30, 2024, to shareholders of record on the respective dates of June 21, 2024, July 24, 2024, and August 23, 2024.
Ecofin Sustainable and Social Impact Term Fund (the Fund) is a non-diversified, closed-end management investment company. The Fundâs 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 in issuers operating in essential asset sectors. The Fund considers essential assets to be assets and services that are indispensable to the economy and society, including the education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors. The Fund may invest across all levels of an issuerâs capital structure and emphasize income-generating investments, particularly in social infrastructure, sustainable infrastructure and energy infrastructure. Its investment adviser is Tortoise Capital Advisors, L.L.C.
Ecofin Sustainable and Social Impact Term Fund Announces its Monthly Distribution, Payable on June 28, 2024, July 31, 2024, and August 30, 2024, Respectively
ECOFIN SUSTAINABLE AND SOCIAL IMPACT TERM FUND 
