Tortoise Capital Announces Closed-End Fund Distributions Including Increases for TYG and NTG
Tortoise Capital and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Infrastructure Corp. (TYG) and Tortoise Midstream Energy Fund, Inc. (NTG) increased their distributions by 10% and 5%, respectively. The distribution increases are a product of the 26-week average NAV ended May 31, 2024, and the distribution target ranges outlined below. We believe this, along with the recently announced merger and ETF conversion, underscores our continued com