The Ecofin Sustainable and Social Impact Term Fund seeks to provide a high level of total return with an emphasis on current distributions. TEAF provides investors access to a combination of public and direct investments in essential assets that are making an impact on clients and communities.

Fund Stats as of 8/03/2021:

View All Stats Slider View

Previous Close

$14.58

NAV

$17.04

Premium/Discount

-14.26%

Distribution Rate

6.17%

TEAF

TEAF is designed to provide:

  • Attractive total return potential with emphasis on current income and uncorrelated assets
  • Access to differentiated essential assets investments
  • Investments in tangible, long-lived assets and services
  • Ability to make a positive social, environmental and economic impact
  • One 1099
  • Expertise of Ecofin, a leading sustainable manager

Fund data (unaudited)

As of 8/03/2021
Market Price $14.61
NAV $17.04
IPO Date 3/26/2019
IPO Price $20.00
Distribution Frequency Monthly
As of 6/30/2021
Total Assets $260.1 million
Leverage % of Total Assets 1 11.90%
Shares Outstanding 13.49 million
Management Fee (year 1) 2 1.10%
Management Fee 3 1.35%
Fiscal Year End November 30
CUSIP 27901F109
Since Inception Total Return -5.44%
  1. Anticipated 10-15% of total assets

  2. Annual rate applied to the fund's average monthly total assets (including any assets attributable to leverage) less the sum of accrued liabilities (other than debt entered into for purposes of leverage and the aggregate liquidation preference of outstanding preferred stock) ("Managed Assets").

    Tortoise has agreed to waive a portion of the investment advisory fee in the amount of 0.25% for one year following the effective date of this registration statement. This waiver will not apply after this one year period.

  3. Annual rate applied to the fund's average monthly total assets (including any assets attributable to leverage) less the sum of accrued liabilities (other than debt entered into for purposes of leverage and the aggregate liquidation preference of outstanding preferred stock) ("Managed Assets").

Impact information reported by certain portfolio companies

as of 6/30/2021

Environmental

Tons of CO2 avoided (estimated) Tons of waste reduced
216,534 or 21,789 trips around the world 1,109,035 annually

Social

# of students educated (projection) # of senior housing units (projection)
7,557 518
Impact information updated quarterly.

Portfolio Allocation*

As of 6/30/2021

*Percentages based on total investment portfolio
** ‘Private’ or ‘Public’ identifier made at time of investment; ‘private’ may include securities that are freely tradable but acquired in a private investment in public equity (PIPE) transaction

Top 10 Holdings *

  1. Percent of Investments and Cash Equivalents.

As of 7/31/2021

* Fund holdings are subject to change and are not recommendations to buy or sell any security.

Price

Previous Close

$14.58

Market Price Change Dollars

$0.02

Market Price Change Percentage

0.14%

NAV Plus Cumulative Distributions

(as of 8/03/2021)

Market Price/NAV History

(as of 8/03/2021)

Date Market Price NAV Premium/Discount NAV Change %
8/03/2021
8/02/2021 $14.61 $17.04 -14.26% -0.06%
8/02/2021
7/30/2021 $14.59 $17.05 -14.43% -0.41%
7/29/2021 $14.55 $17.12 -15.01% 0.18%
7/29/2021
7/28/2021 $14.48 $17.09 -15.27% 0.77%
7/27/2021 $14.53 $16.96 -14.33% -0.18%
7/26/2021 $14.56 $16.99 -14.30% 0.12%
7/23/2021 $14.62 $16.97 -13.85% 0.12%
7/22/2021 $14.63 $16.95 -13.69% -0.24%
7/21/2021 $14.58 $16.99 -14.18% 0.65%
7/20/2021
7/20/2021 $14.48 $16.88 -14.22% 0.18%
7/19/2021 $14.31 $16.85 -15.07% -0.94%
7/16/2021 $14.68 $17.01 -13.70% 0.00%
7/15/2021 $14.85 $17.01 -12.70% -0.35%
7/14/2021 $14.90 $17.07 -12.71% -0.06%
7/13/2021 $15.02 $17.08 -12.06% -0.29%
7/12/2021
7/09/2021 $14.96 $17.05 -12.26% 0.47%
7/09/2021
7/08/2021 $14.86 $16.97 -12.43% -0.59%
7/07/2021 $14.82 $17.07 -13.18% 0.06%
7/06/2021 $14.81 $17.06 -13.19% 0.06%
7/06/2021
7/02/2021
7/02/2021
7/02/2021 $15.04 $17.05 -11.79% 0.53%
7/01/2021 $14.89 $16.96 -12.21% 0.59%
6/30/2021 $14.82 $16.86 -12.10% -0.47%
6/29/2021 $14.81 $16.94 -12.57% 0.06%
6/28/2021 $14.99 $16.93 -11.46% -0.12%
6/25/2021 $14.93 $16.95 -11.92% 0.12%
6/24/2021 $15.02 $16.93 -11.28% 0.18%
6/23/2021 $15.06 $16.90 -10.89% -0.29%
6/22/2021 $14.87 $16.95 -12.27% 0.00%
6/21/2021 $15.02 $16.95 -11.39% 0.59%
6/18/2021 $14.74 $16.85 -12.52% -0.88%
6/17/2021 $14.87 $17.00 -12.53% -0.76%
6/16/2021 $15.07 $17.13 -12.03% -0.17%
6/15/2021 $15.16 $17.16 -11.66% -0.06%
6/14/2021 $15.14 $17.17 -11.82% 0.47%
6/14/2021
6/14/2021
6/11/2021 $14.95 $17.09 -12.52% 0.35%
6/10/2021 $14.93 $17.03 -12.33% 0.24%
6/09/2021 $14.80 $16.99 -12.89% 0.41%
6/08/2021 $14.86 $16.92 -12.17% 0.12%
6/07/2021 $14.80 $16.90 -12.43% 0.36%
6/04/2021 $14.80 $16.84 -12.11% 0.36%
6/03/2021 $14.84 $16.78 -11.56% -0.36%
6/02/2021 $14.84 $16.84 -11.88% 0.00%
6/01/2021 $14.83 $16.84 -11.94% -0.06%
5/28/2021 $14.76 $16.85 -12.40% -0.30%
5/27/2021 $14.72 $16.90 -12.90% -0.12%
5/26/2021 $14.60 $16.92 -13.71% 0.06%
5/25/2021 $14.53 $16.91 -14.07% -0.24%
5/24/2021 $14.60 $16.95 -13.86% 0.18%
5/21/2021 $14.67 $16.92 -13.30% 0.12%
5/20/2021 $14.72 $16.90 -12.90% 0.30%
5/19/2021 $14.66 $16.85 -13.00% -0.35%
5/18/2021 $14.61 $16.91 -13.60% 0.30%
5/17/2021 $14.59 $16.86 -13.46% 0.00%
5/14/2021 $14.38 $16.86 -14.71% 1.08%
5/13/2021 $14.23 $16.68 -14.69% 0.30%
5/12/2021 $14.24 $16.63 -14.37% -1.01%
5/11/2021 $14.51 $16.80 -13.63% -0.65%
5/10/2021 $14.70 $16.91 -13.07% 0.00%
5/07/2021 $14.67 $16.91 -13.25% 0.59%
5/07/2021
5/06/2021 $14.68 $16.81 -12.67% 0.30%
5/05/2021 $14.64 $16.76 -12.65% 0.12%
5/04/2021 $14.62 $16.74 -12.66% -0.42%
5/03/2021 $14.74 $16.81 -12.31% 0.18%
4/30/2021 $14.76 $16.78 -12.04% -0.42%
4/29/2021 $14.85 $16.85 -11.87% 0.00%
4/28/2021 $14.89 $16.85 -11.63% 0.18%
4/27/2021 $14.83 $16.82 -11.83% -0.30%
4/26/2021 $14.79 $16.87 -12.33% 0.12%
4/23/2021 $14.71 $16.85 -12.70% 0.30%
4/22/2021 $14.64 $16.80 -12.86% -0.12%
4/21/2021 $14.55 $16.82 -13.50% 0.12%
4/20/2021 $14.71 $16.80 -12.44% -0.41%
4/19/2021
4/19/2021
4/16/2021 $14.78 $16.89 -12.49% 0.18%
4/15/2021 $14.81 $16.86 -12.16% 0.06%
4/15/2021
4/14/2021 $14.97 $16.85 -11.16% 0.06%
4/14/2021
4/13/2021 $14.89 $16.84 -11.58% 0.24%
4/12/2021 $14.70 $16.80 -12.50% -0.06%
4/09/2021 $14.81 $16.81 -11.90% -0.36%
4/09/2021
4/08/2021 $14.68 $16.87 -12.98% 0.54%
4/08/2021
4/08/2021
4/07/2021 $14.59 $16.78 -13.05% -0.18%
4/07/2021
4/06/2021
4/06/2021 $14.50 $16.81 -13.74% 0.66%
4/06/2021
4/05/2021 $14.50 $16.70 -13.17% -0.06%
4/01/2021 $14.43 $16.71 -13.64% 0.42%
4/01/2021
3/31/2021 $14.34 $16.64 -13.82% 0.97%
3/31/2021
3/30/2021 $14.24 $16.48 -13.59% -0.18%
3/29/2021
3/29/2021 $14.29 $16.51 -13.45% -0.36%
3/26/2021 $13.87 $16.57 -16.29% 0.85%
3/25/2021 $13.81 $16.43 -15.95% 0.37%
3/25/2021
3/24/2021 $14.00 $16.37 -14.48% -0.30%
3/23/2021 $13.67 $16.42 -16.75% -0.85%
3/22/2021 $13.88 $16.56 -16.18% 0.67%
3/19/2021 $13.80 $16.45 -16.11% 0.49%
3/19/2021
3/18/2021 $13.91 $16.37 -15.03% -1.09%
3/17/2021
3/17/2021 $13.92 $16.55 -15.89% -0.24%
3/16/2021 $13.99 $16.59 -15.70% 0.18%
3/15/2021 $13.90 $16.56 -16.06% 0.24%
3/12/2021 $13.89 $16.52 -15.92% -0.06%
3/11/2021 $13.91 $16.53 -15.85% 1.16%
3/10/2021 $13.91 $16.34 -14.87% 0.80%
3/09/2021 $13.91 $16.21 -14.19% 0.87%
3/08/2021 $14.05 $16.07 -12.57% 0.06%
3/05/2021 $14.01 $16.06 -12.76% -0.06%
3/04/2021 $13.97 $16.07 -13.07% -0.06%
3/03/2021 $13.99 $16.08 -13.00% -1.35%
3/02/2021 $14.08 $16.30 -13.62% -0.61%
3/01/2021 $14.13 $16.40 -13.84% 1.23%
3/01/2021
2/26/2021 $13.88 $16.20 -14.32% -0.55%
2/25/2021 $13.89 $16.29 -14.73% -1.27%
2/24/2021 $14.00 $16.50 -15.15% 0.18%
2/23/2021 $13.95 $16.47 -15.30% 0.06%
2/22/2021 $13.84 $16.46 -15.92% -0.96%
2/19/2021 $13.78 $16.62 -17.09% 0.24%
2/18/2021 $13.90 $16.58 -16.16% -1.37%
2/17/2021 $14.12 $16.81 -16.00% -0.18%
2/16/2021 $14.06 $16.84 -16.51% -0.30%
2/12/2021 $13.95 $16.89 -17.41% -0.12%
2/11/2021 $13.92 $16.91 -17.68% -0.18%
2/10/2021 $14.11 $16.94 -16.71% 0.18%
2/09/2021
2/09/2021 $14.17 $16.91 -16.20% -0.18%
2/08/2021 $13.93 $16.94 -17.77% 0.36%
2/05/2021 $13.71 $16.88 -18.78% 0.42%
2/04/2021 $13.71 $16.81 -18.44% -0.24%
2/03/2021 $13.50 $16.85 -19.88% 0.42%
2/02/2021 $13.54 $16.78 -19.31% 0.54%
2/01/2021 $13.47 $16.69 -19.29% 0.48%
1/29/2021 $13.41 $16.61 -19.27% -0.78%
1/28/2021 $13.39 $16.74 -20.01% 0.90%
1/27/2021 $13.38 $16.59 -19.35% -1.66%
1/26/2021 $13.49 $16.87 -20.04% -0.59%
1/25/2021 $13.30 $16.97 -21.63% -0.12%
1/22/2021 $13.45 $16.99 -20.84% 0.12%
1/21/2021 $13.39 $16.97 -21.10% -0.47%
1/20/2021 $13.50 $17.05 -20.82% 0.12%
1/19/2021 $13.49 $17.03 -20.79% 0.06%
1/15/2021 $13.45 $17.02 -20.98% -0.41%
1/14/2021 $13.48 $17.09 -21.12% 0.06%
1/13/2021 $13.51 $17.08 -20.90% 0.00%
1/12/2021 $13.48 $17.08 -21.08% 0.65%
1/11/2021 $13.50 $16.97 -20.45% -0.35%
1/08/2021 $13.51 $17.03 -20.67% 0.12%
1/08/2021
1/07/2021 $13.51 $17.01 -20.58% 0.29%
1/06/2021 $13.44 $16.96 -20.75% 1.86%
1/05/2021 $13.51 $16.65 -18.86% 0.60%
1/04/2021 $13.08 $16.55 -20.97% 0.61%
12/31/2020 $13.06 $16.45 -20.61% -0.18%
12/30/2020 $12.74 $16.48 -22.69% -0.12%
12/29/2020 $12.70 $16.50 -23.03% 0.43%
12/28/2020 $12.68 $16.43 -22.82% -0.12%
12/24/2020 $12.71 $16.45 -22.74% 0.37%
12/23/2020 $12.71 $16.39 -22.45% 0.31%
12/23/2020
12/22/2020 $12.77 $16.34 -21.85% 0.25%
12/21/2020 $12.77 $16.30 -21.66% -0.61%
12/18/2020 $13.05 $16.40 -20.43% -0.36%
12/17/2020 $13.17 $16.46 -19.99% 0.30%
12/16/2020 $13.10 $16.41 -20.17% 0.00%
12/15/2020 $13.25 $16.41 -19.26% 0.61%
12/14/2020 $13.23 $16.31 -18.88% -0.06%
12/11/2020 $13.18 $16.32 -19.24% 0.00%
12/10/2020 $13.32 $16.32 -18.38% 0.55%
12/09/2020 $13.39 $16.23 -17.50% 0.06%
12/08/2020 $13.30 $16.22 -18.00% 0.56%
12/07/2020 $13.23 $16.13 -17.98% -0.49%
12/04/2020 $13.39 $16.21 -17.40% 0.81%
12/03/2020 $13.48 $16.08 -16.17% 0.31%
12/02/2020 $13.42 $16.03 -16.28% 0.38%
12/01/2020 $13.34 $15.97 -16.47% 0.38%
11/30/2020 $13.04 $15.91 -18.04% -0.44%
11/27/2020 $13.14 $15.98 -17.77% 0.25%
11/27/2020
11/25/2020 $13.11 $15.94 -17.75% 0.25%
11/24/2020 $13.39 $15.90 -15.79% 1.15%
11/23/2020 $13.38 $15.72 -14.89% 0.58%
11/20/2020 $13.60 $15.63 -12.99% -0.32%
11/19/2020 $13.84 $15.68 -11.73% 0.32%
11/18/2020 $13.34 $15.63 -14.65% -0.19%
11/18/2020
11/17/2020 $12.97 $15.66 -17.18% 0.06%
11/16/2020 $12.79 $15.65 -18.27% 0.64%
11/13/2020 $12.69 $15.55 -18.39% 0.32%
11/12/2020 $12.49 $15.50 -19.42% -0.83%
11/11/2020 $12.43 $15.63 -20.47% 0.77%
11/10/2020 $12.49 $15.51 -19.47% 0.19%
11/10/2020
11/09/2020 $12.25 $15.48 -20.87% 1.31%
11/09/2020
11/09/2020
11/06/2020 $11.95 $15.28 -21.79% -0.20%
11/05/2020 $11.83 $15.31 -22.73% 1.39%
11/05/2020
11/04/2020 $11.67 $15.10 -22.72% 0.33%
11/03/2020 $11.45 $15.05 -23.92% 1.01%
11/03/2020
11/02/2020 $11.29 $14.90 -24.23% 1.15%
10/30/2020 $11.25 $14.73 -23.63% -0.34%
10/30/2020
10/29/2020 $11.26 $14.78 -23.82% -0.20%
10/29/2020
10/28/2020 $10.99 $14.81 -25.79% -1.33%
10/27/2020 $11.06 $15.01 -26.32% -0.20%
10/27/2020
10/26/2020 $11.13 $15.04 -26.00% -0.73%
10/23/2020 $11.37 $15.15 -24.95% 0.26%
10/22/2020 $11.49 $15.11 -23.96% -0.26%
10/21/2020 $11.46 $15.15 -24.36% -0.66%
10/20/2020 $11.60 $15.25 -23.93% 0.46%
10/19/2020 $11.46 $15.18 -24.51% -0.07%
10/16/2020 $11.57 $15.19 -23.83% 0.20%
10/15/2020 $11.58 $15.16 -23.61% -0.46%
10/14/2020 $11.60 $15.23 -23.83% 0.40%
10/14/2020
10/13/2020 $11.59 $15.17 -23.60% 0.00%
10/12/2020 $11.58 $15.17 -23.67% 0.40%
10/09/2020 $11.59 $15.11 -23.30% 0.07%
10/08/2020 $11.60 $15.10 -23.18% 0.80%
10/07/2020 $11.37 $14.98 -24.10% 0.60%
10/06/2020 $11.30 $14.89 -24.11% -0.53%
10/06/2020
10/05/2020 $11.22 $14.97 -25.05% 0.94%
10/02/2020 $10.63 $14.83 -28.32% 0.27%
10/01/2020 $10.55 $14.79 -28.67% 0.68%
10/01/2020
9/30/2020 $10.56 $14.69 -28.11% -0.20%
9/30/2020
9/29/2020 $10.59 $14.72 -28.06% 0.20%
9/28/2020 $10.60 $14.69 -27.84% 0.62%
9/25/2020 $10.45 $14.60 -28.42% 0.69%
9/24/2020 $10.34 $14.50 -28.69% -0.07%
9/23/2020
9/23/2020 $10.40 $14.51 -28.33% -0.96%
9/22/2020
9/22/2020 $10.63 $14.65 -27.44% -0.75%
9/21/2020 $10.59 $14.76 -28.25% -1.27%
9/18/2020 $10.69 $14.95 -28.49% -0.20%
9/17/2020 $10.81 $14.98 -27.84% -0.40%
9/16/2020 $10.92 $15.04 -27.39% 0.47%
9/16/2020
9/15/2020 $10.87 $14.97 -27.39% 0.07%
9/14/2020 $10.80 $14.96 -27.81% 0.61%
9/11/2020 $10.73 $14.87 -27.84% 0.00%
9/10/2020 $10.75 $14.87 -27.71% -0.87%
9/10/2020
9/09/2020 $10.78 $15.00 -28.13% 0.74%
9/08/2020 $10.74 $14.89 -27.87% -0.60%
9/08/2020
9/08/2020
9/04/2020 $10.90 $14.98 -27.24% -0.93%
9/03/2020 $11.02 $15.12 -27.12% -1.63%
9/02/2020 $11.24 $15.37 -26.87% 0.72%
9/01/2020 $11.15 $15.26 -26.93% -0.20%
8/31/2020 $11.20 $15.29 -26.75% -1.10%
8/28/2020 $11.17 $15.46 -27.75% 1.11%
8/27/2020 $11.14 $15.29 -27.14% -0.07%
8/26/2020 $11.10 $15.30 -27.45% -0.65%
8/25/2020 $11.22 $15.40 -27.14% -0.19%
8/24/2020 $11.30 $15.43 -26.77% 0.59%
8/21/2020 $11.35 $15.34 -26.01% -0.71%
8/20/2020 $11.40 $15.45 -26.21% -0.19%
8/19/2020 $11.38 $15.48 -26.49% -0.19%
8/18/2020 $11.34 $15.51 -26.89% -0.58%
8/17/2020 $11.35 $15.60 -27.24% 0.19%
8/14/2020 $11.32 $15.57 -27.30% -0.83%
8/13/2020 $11.25 $15.70 -28.34% -0.38%
8/12/2020 $11.27 $15.76 -28.49% 0.96%
8/11/2020 $11.19 $15.61 -28.32% -0.70%
8/10/2020 $11.34 $15.72 -27.86% 0.83%
8/07/2020
8/07/2020 $11.18 $15.59 -28.29% 0.13%
8/06/2020 $11.09 $15.57 -28.77% 0.19%
8/05/2020 $11.12 $15.54 -28.44% 0.32%
8/04/2020 $11.00 $15.49 -28.99% 0.85%
8/03/2020 $10.86 $15.36 -29.30% 0.92%
7/31/2020 $10.82 $15.22 -28.91% 0.20%
7/30/2020 $10.97 $15.19 -27.78% -0.59%
7/30/2020
7/29/2020 $11.06 $15.28 -27.62% 0.92%
7/28/2020
7/28/2020 $10.91 $15.14 -27.94% 0.13%
7/27/2020 $10.90 $15.12 -27.91% 0.07%
7/24/2020 $10.89 $15.11 -27.93% -0.20%
7/23/2020 $10.98 $15.14 -27.48% -0.72%
7/22/2020 $11.06 $15.25 -27.48% -0.59%
7/21/2020 $11.14 $15.34 -27.38% 1.32%
7/20/2020 $10.99 $15.14 -27.41% -0.26%
7/17/2020 $10.98 $15.18 -27.68% 0.93%
7/17/2020
7/16/2020 $11.00 $15.04 -26.89% 0.20%
7/15/2020 $11.03 $15.01 -26.52% 1.49%
7/14/2020 $10.76 $14.79 -27.25% 0.61%
7/14/2020
7/13/2020 $10.72 $14.70 -27.07% -0.07%
7/10/2020 $10.79 $14.71 -26.65% 0.55%
7/09/2020 $10.77 $14.63 -26.38% -1.55%
7/08/2020 $10.87 $14.86 -26.85% 0.41%
7/08/2020
7/08/2020
7/07/2020 $10.99 $14.80 -25.74% 0.07%
7/06/2020 $11.18 $14.79 -24.41% -0.20%
7/02/2020 $11.29 $14.82 -23.82% 0.47%
7/01/2020 $11.18 $14.75 -24.20% 0.14%
6/30/2020 $11.17 $14.73 -24.17% 0.82%
6/29/2020 $11.20 $14.61 -23.34% 0.07%
6/26/2020 $10.93 $14.60 -25.14% -1.28%
6/25/2020 $10.94 $14.79 -26.03% 1.65%
6/24/2020 $10.73 $14.55 -26.25% -1.89%
6/24/2020
6/23/2020 $10.87 $14.83 -26.70% -0.20%
6/23/2020
6/23/2020
6/22/2020 $11.03 $14.86 -25.77% -0.27%
6/19/2020 $11.28 $14.90 -24.30% -0.47%
6/18/2020 $11.41 $14.97 -23.78% 0.07%
6/17/2020 $11.43 $14.96 -23.60% -0.66%
6/16/2020 $11.80 $15.06 -21.65% 1.01%
6/15/2020 $11.64 $14.91 -21.93% 1.71%
6/12/2020 $11.47 $14.66 -21.76% 0.21%
6/11/2020 $11.34 $14.63 -22.49% -4.32%
6/10/2020 $11.87 $15.29 -22.37% -0.78%
6/09/2020 $12.20 $15.41 -20.83% -1.41%
6/08/2020 $12.77 $15.63 -18.30% 1.82%
6/05/2020 $12.19 $15.35 -20.59% 1.86%
6/04/2020 $11.61 $15.07 -22.96% 0.20%
6/03/2020 $11.39 $15.04 -24.27% 1.83%
6/02/2020 $11.14 $14.77 -24.58% 0.96%
6/01/2020 $10.88 $14.63 -25.63% 0.34%
5/29/2020 $10.73 $14.58 -26.44% 0.90%
5/28/2020 $10.64 $14.45 -26.37% 0.56%
5/27/2020 $10.56 $14.37 -26.51% 0.00%
5/26/2020 $10.39 $14.37 -27.70% 1.70%
5/22/2020 $10.32 $14.13 -26.96% 0.07%
5/21/2020 $10.39 $14.12 -26.42% -1.19%
5/20/2020 $10.66 $14.29 -25.40% 1.13%
5/19/2020 $10.57 $14.13 -25.19% 0.28%
5/18/2020 $10.69 $14.09 -24.13% 2.70%
5/15/2020 $10.30 $13.72 -24.93% 0.37%
5/14/2020 $10.27 $13.67 -24.87% -0.22%
5/13/2020 $10.25 $13.70 -25.18% -1.30%
5/12/2020 $10.57 $13.88 -23.85% -0.22%
5/11/2020 $10.61 $13.91 -23.72% -0.22%
5/08/2020 $10.76 $13.94 -22.81% 1.46%
5/07/2020 $10.64 $13.74 -22.56% 0.59%
5/06/2020 $10.69 $13.66 -21.74% -0.73%
5/05/2020 $10.65 $13.76 -22.60% 0.73%
5/04/2020 $10.50 $13.66 -23.13% -0.15%
5/01/2020 $10.72 $13.68 -21.64% -1.94%
4/30/2020 $11.07 $13.95 -20.65% 0.50%
4/29/2020 $11.30 $13.88 -18.59% 2.28%
4/28/2020 $10.73 $13.57 -20.95% 0.97%
4/27/2020 $10.64 $13.44 -20.83% 0.67%
4/24/2020 $10.55 $13.35 -20.99% 0.15%
4/23/2020 $10.56 $13.33 -20.78% 0.68%
4/22/2020 $10.45 $13.24 -21.07% 0.30%
4/21/2020 $10.25 $13.20 -22.35% -1.20%
4/20/2020 $10.42 $13.36 -22.01% -0.45%
4/17/2020 $10.66 $13.42 -20.60% 1.90%
4/16/2020 $10.40 $13.17 -21.03% -0.23%
4/15/2020 $10.46 $13.20 -20.76% -1.86%
4/15/2020
4/14/2020 $10.94 $13.45 -18.66% 1.05%
4/13/2020 $10.54 $13.31 -20.81% 0.45%
4/09/2020 $10.52 $13.25 -20.60% 2.71%
4/08/2020 $10.19 $12.90 -21.01% 1.34%
4/07/2020 $10.02 $12.73 -21.29% 0.71%
4/06/2020 $10.06 $12.64 -20.41% 1.53%
4/03/2020 $9.92 $12.45 -20.32% -0.56%
4/02/2020 $10.10 $12.52 -19.33% 1.05%
4/01/2020 $9.63 $12.39 -22.28% -1.98%
3/31/2020 $10.10 $12.64 -20.09% 0.48%
3/30/2020 $9.84 $12.58 -21.78% 0.40%
3/27/2020 $9.85 $12.53 -21.39% -1.80%
3/26/2020 $10.54 $12.76 -17.40% 2.99%
3/25/2020 $10.20 $12.39 -17.68% 2.48%
3/24/2020 $9.17 $12.09 -24.15% 3.87%
3/23/2020 $8.74 $11.64 -24.91% -4.75%
3/20/2020 $9.13 $12.22 -25.29% -0.41%
3/19/2020 $8.35 $12.27 -31.95% 1.07%
3/18/2020 $7.20 $12.14 -40.69% -5.45%
3/17/2020 $9.38 $12.84 -26.95% 0.47%
3/16/2020 $9.42 $12.78 -26.29% -5.05%
3/13/2020 $11.13 $13.46 -17.31% 3.14%
3/12/2020 $10.89 $13.05 -16.55% -9.00%
3/11/2020 $12.49 $14.34 -12.90% -2.38%
3/10/2020 $13.21 $14.69 -10.07% -0.61%
3/09/2020 $13.54 $14.78 -8.39% -11.76%
3/06/2020 $15.38 $16.75 -8.18% -3.35%
3/05/2020 $15.77 $17.33 -9.00% -1.08%
3/04/2020 $16.11 $17.52 -8.08% 1.27%
3/03/2020 $15.65 $17.30 -9.54% -0.12%
3/02/2020 $15.79 $17.32 -8.83% 2.49%
2/28/2020 $15.32 $16.90 -9.35% -2.09%
2/27/2020 $15.60 $17.26 -9.62% -2.43%
2/26/2020 $16.07 $17.69 -9.19% -0.67%
2/25/2020 $16.05 $17.81 -9.88% -2.04%
2/24/2020 $16.79 $18.18 -7.65% -2.42%
2/21/2020 $17.10 $18.63 -8.21% -0.53%
2/20/2020 $17.21 $18.73 -8.12% -0.32%
2/19/2020 $17.25 $18.79 -8.20% 0.59%
2/18/2020 $17.06 $18.68 -8.67% 0.32%
2/14/2020 $16.95 $18.62 -8.97% 0.22%
2/13/2020 $16.96 $18.58 -8.72% -0.32%
2/12/2020 $16.96 $18.64 -9.01% 0.32%
2/11/2020 $16.88 $18.58 -9.15% 0.98%
2/10/2020 $16.82 $18.40 -8.59% -0.54%
2/07/2020 $16.88 $18.50 -8.76% -0.38%
2/06/2020 $16.92 $18.57 -8.89% 0.05%
2/05/2020 $16.99 $18.56 -8.46% 0.65%
2/04/2020 $16.87 $18.44 -8.51% 0.49%
2/03/2020 $16.55 $18.35 -9.81% 0.27%
1/31/2020 $16.38 $18.30 -10.49% -0.38%
1/30/2020 $16.60 $18.37 -9.64% 0.00%
1/29/2020 $16.73 $18.37 -8.93% -0.11%
1/28/2020 $16.63 $18.39 -9.57% 0.60%
1/27/2020 $16.95 $18.28 -7.28% -1.03%
1/24/2020 $17.05 $18.47 -7.69% -0.38%
1/23/2020 $17.00 $18.54 -8.31% -0.64%
1/22/2020 $17.11 $18.66 -8.31% -0.37%
1/21/2020 $17.02 $18.73 -9.13% -0.21%
1/17/2020 $17.10 $18.77 -8.90% -0.05%
1/16/2020 $17.00 $18.78 -9.48% 0.54%
1/15/2020 $16.85 $18.68 -9.80% 0.43%
1/14/2020 $16.66 $18.60 -10.43% 0.38%
1/13/2020 $16.53 $18.53 -10.82% 0.49%
1/10/2020 $16.44 $18.44 -10.85% 0.05%
1/09/2020 $16.50 $18.43 -10.47% 0.05%
1/08/2020 $16.62 $18.42 -9.77% -0.91%
1/07/2020 $16.61 $18.59 -10.65% -0.21%
1/06/2020 $16.64 $18.63 -10.68% 0.49%
1/03/2020 $16.40 $18.54 -11.54% 0.27%
1/02/2020 $16.49 $18.49 -10.82% 0.11%
12/31/2019 $16.39 $18.47 -11.26% 0.33%
12/30/2019 $16.32 $18.41 -11.35% -0.38%
12/27/2019 $16.48 $18.48 -10.82% -0.11%
12/26/2019 $16.39 $18.50 -11.41% 0.54%
12/24/2019 $16.44 $18.40 -10.65% -0.05%
12/23/2019 $16.55 $18.41 -10.10% -0.27%
12/20/2019 $16.55 $18.46 -10.35% 0.44%
12/19/2019 $16.36 $18.38 -10.99% 0.22%
12/18/2019 $16.38 $18.34 -10.69% 0.49%
12/17/2019 $16.36 $18.25 -10.36% 0.55%
12/16/2019 $16.25 $18.15 -10.47% 0.89%
12/13/2019 $16.05 $17.99 -10.78% 0.62%
12/12/2019 $16.15 $17.88 -9.68% 0.22%
12/11/2019 $16.05 $17.84 -10.03% 0.34%
12/10/2019 $16.01 $17.78 -9.96% 0.97%
12/09/2019 $15.82 $17.61 -10.16% 0.63%
12/06/2019 $15.52 $17.50 -11.31% 0.57%
12/05/2019 $15.32 $17.40 -11.95% -0.06%
12/04/2019 $15.54 $17.41 -10.74% 0.75%
12/03/2019 $15.54 $17.28 -10.07% -0.46%
12/02/2019 $15.55 $17.36 -10.43% -0.69%
11/29/2019 $15.60 $17.48 -10.76% -1.35%
11/27/2019 $15.69 $17.72 -11.46% 0.45%
11/26/2019 $15.60 $17.64 -11.56% -0.56%
11/25/2019 $16.15 $17.74 -8.96% 0.45%
11/22/2019 $16.24 $17.66 -8.04% 0.11%
11/21/2019 $16.42 $17.64 -6.92% -0.62%
11/20/2019 $17.15 $17.75 -3.38% 1.49%
11/19/2019 $17.30 $17.49 -1.09% -2.18%
11/18/2019 $17.03 $17.88 -4.75% -0.28%
11/15/2019 $16.97 $17.93 -5.35% 0.34%
11/14/2019 $17.05 $17.87 -4.59% -0.17%
11/13/2019 $16.69 $17.90 -6.76% 0.06%
11/12/2019 $16.89 $17.89 -5.59% -0.06%
11/11/2019 $17.02 $17.90 -4.92% -0.44%
11/08/2019 $17.00 $17.98 -5.45% 0.17%
11/07/2019 $16.53 $17.95 -7.91% -0.72%
11/06/2019 $16.51 $18.08 -8.68% -0.44%
11/05/2019 $16.59 $18.16 -8.65% -0.44%
11/04/2019 $16.36 $18.24 -10.31% 0.66%
11/01/2019 $16.13 $18.12 -10.98% 0.55%
10/31/2019 $15.92 $18.02 -11.65% 0.11%
10/30/2019 $16.00 $18.00 -11.11% 0.00%
10/29/2019 $15.94 $18.00 -11.44% -0.06%
10/28/2019 $15.96 $18.01 -11.38% -0.66%
10/25/2019 $15.72 $18.13 -13.29% 0.00%
10/24/2019 $15.66 $18.13 -13.62% -0.06%
10/23/2019 $15.91 $18.14 -12.29% -0.33%
10/22/2019 $16.11 $18.20 -11.48% 0.05%
10/21/2019 $16.12 $18.19 -11.38% 0.17%
10/18/2019 $15.96 $18.16 -12.11% 0.22%
10/17/2019 $15.77 $18.12 -12.97% -0.11%
10/16/2019 $15.69 $18.14 -13.51% -0.06%
10/15/2019 $15.81 $18.15 -12.89% 0.44%
10/14/2019 $15.63 $18.07 -13.50% -0.61%
10/11/2019 $15.91 $18.18 -12.49% 0.72%
10/10/2019 $16.35 $18.05 -9.42% 0.45%
10/09/2019 $16.58 $17.97 -7.74% -0.11%
10/08/2019 $16.68 $17.99 -7.28% -1.05%
10/07/2019 $17.00 $18.18 -6.49% -0.55%
10/04/2019 $16.66 $18.28 -8.86% 0.77%
10/03/2019 $17.00 $18.14 -6.28% 0.17%
10/02/2019 $16.87 $18.11 -6.85% -0.98%
10/01/2019 $16.64 $18.29 -9.05% -0.49%
9/30/2019 $16.68 $18.38 -9.25% 0.16%
9/27/2019 $16.50 $18.35 -10.08% -0.05%
9/26/2019 $16.22 $18.36 -11.66% -0.05%
9/25/2019 $16.27 $18.37 -11.43% -0.33%
9/24/2019 $16.27 $18.43 -11.72% -0.43%
9/23/2019 $16.68 $18.51 -9.89% -0.11%
9/20/2019 $16.75 $18.53 -9.61% -0.54%
9/19/2019 $16.75 $18.63 -10.09% 0.00%
9/18/2019 $16.60 $18.63 -10.90% 0.11%
9/17/2019 $16.85 $18.61 -9.43% 0.32%
9/16/2019 $16.98 $18.55 -8.46% 0.65%
9/13/2019 $16.90 $18.43 -8.30% 0.44%
9/12/2019 $16.82 $18.35 -8.36% -0.05%
9/11/2019 $16.67 $18.36 -9.20% 0.44%
9/10/2019 $16.82 $18.28 -7.99% 0.33%
9/09/2019 $16.93 $18.22 -7.08% 0.50%
9/06/2019 $17.23 $18.13 -4.99% -0.44%
9/05/2019 $16.62 $18.21 -8.73% 0.33%
9/04/2019 $16.56 $18.15 -8.76% 0.89%
9/03/2019 $16.30 $17.99 -9.42% -0.48%
8/30/2019 $16.25 $18.08 -10.11% -0.08%
8/29/2019 $16.34 $18.09 -9.69% 1.15%
8/28/2019 $16.38 $17.89 -8.43% 1.69%
8/27/2019 $16.22 $17.59 -7.79% -0.21%
8/26/2019 $16.80 $17.63 -4.69% 0.03%
8/23/2019 $16.30 $17.62 -7.50% -1.34%
8/22/2019 $16.28 $17.86 -8.84% -1.15%
8/21/2019 $16.40 $18.07 -9.23% 0.31%
8/20/2019 $16.41 $18.01 -8.89% -0.08%
8/19/2019 $16.64 $18.03 -7.72% 0.98%
8/16/2019 $16.57 $17.85 -7.18% 1.20%
8/15/2019 $16.69 $17.64 -5.38% -0.11%
8/14/2019 $16.20 $17.66 -8.26% -1.64%
8/13/2019 $16.37 $17.95 -8.82% 0.38%
8/12/2019 $16.02 $17.89 -10.44% -0.51%
8/09/2019 $16.40 $17.98 -8.78% -0.56%
8/08/2019 $16.15 $18.08 -10.67% 0.28%
8/07/2019 $16.60
8/06/2019 $17.05 $18.03 -5.42% -0.34%
8/05/2019 $17.70 $18.09 -2.15% -1.82%
8/02/2019 $18.00 $18.42 -2.31% -0.47%
8/01/2019 $17.70 $18.51 -4.38% -0.93%
7/31/2019 $18.50 $18.69 -0.99% -0.54%
7/30/2019 $17.85 $18.79 -4.98% 0.05%
7/29/2019 $17.80 $18.78 -5.21% -0.41%
7/26/2019 $17.94 $18.86 -4.86% -0.85%
7/25/2019 $17.87 $19.02 -6.03% -0.64%
7/24/2019 $17.96 $19.14 -6.16% 0.09%
7/23/2019 $18.15 $19.12 -5.09% -0.19%
7/22/2019 $18.07 $19.27 -6.22% 0.32%
7/19/2019 $18.15 $19.21 -5.50% -0.18%
7/18/2019 $18.25 $19.24 -5.16% -0.25%
7/17/2019 $18.13 $19.29 -6.01% -0.60%
7/16/2019 $18.10 $19.41 -6.73% -0.63%
7/15/2019 $18.02 $19.53 -7.73% -0.50%
7/12/2019 $18.02 $19.63 -8.19% 0.05%
7/11/2019 $18.12 $19.62 -7.63% -0.04%
7/10/2019 $17.99 $19.62 -8.33% 0.86%
7/09/2019 $18.14 $19.46 -6.76% 0.05%
7/08/2019 $18.25 $19.45 -6.15% -0.47%
7/05/2019 $17.97 $19.54 -8.03% -0.04%
7/03/2019 $17.92 $19.55 -8.32% 1.05%
7/02/2019 $18.01 $19.34 -6.89% 0.05%
7/01/2019 $17.85 $19.33 -7.67% 0.15%
6/28/2019 $17.70 $19.31 -8.34% 0.99%
6/27/2019 $17.67 $19.12 -7.58% -0.09%
6/26/2019 $17.85 $19.14 -6.73% 0.09%
6/25/2019 $18.24 $19.12 -4.60% -0.68%
6/24/2019 $18.25 $19.25 -5.20% -0.23%
6/21/2019 $18.46 $19.30 -4.33% 0.12%
6/20/2019 $18.55 $19.27 -3.75% 0.84%
6/19/2019 $18.85 $19.22 -1.92% -0.16%
6/18/2019 $18.70 $19.25 -2.86% 0.91%
6/17/2019 $18.90 $19.08 -0.92% -0.12%
6/14/2019 $18.84 $19.10 -1.35% -0.82%
6/13/2019 $18.94 $19.26 -1.64% 0.43%
6/12/2019 $18.96 $19.17 -1.11% -0.93%
6/11/2019 $19.00 $19.35 -1.83% 0.08%
6/10/2019 $19.00 $19.34 -1.75% -0.18%
6/07/2019 $19.02 $19.37 -1.82% 0.41%
6/06/2019 $19.00 $19.29 -1.51% 0.62%
6/05/2019 $18.34 $19.17 -4.35% -0.77%
6/04/2019 $17.66 $19.32 -8.60% 1.24%
6/03/2019 $17.76 $19.08 -6.94% 0.76%
5/31/2019 $18.45 $18.94 -2.59% -0.35%
5/30/2019 $18.15 $19.01 -4.52% -0.76%
5/29/2019 $18.33 $19.15 -4.30% -0.54%
5/28/2019 $18.51 $19.18 -3.47% -0.63%
5/24/2019 $18.60 $19.30 -3.63% -0.05%
5/23/2019 $18.65 $19.31 -3.41% -1.75%
5/22/2019 $19.20 $19.76 -2.84% -0.62%
5/21/2019 $19.33 $19.88 -2.79% 0.87%
5/20/2019 $19.37 $19.71 -1.74% -0.33%
5/17/2019 $19.35 $19.78 -2.16% -0.38%
5/16/2019 $19.95 $19.85 0.48% 0.44%
5/15/2019 $19.40 $19.77 -1.85% 0.38%
5/14/2019 $19.69 0.58%
5/13/2019 $19.42 $19.58 -0.79% -0.79%
5/10/2019 $20.00 $19.73 1.37% 2.03%
5/09/2019 $20.01 $19.41 3.09% -0.66%
5/08/2019 $20.00 $19.54 2.36% -0.59%
5/07/2019 $20.00 $19.64 1.81% 0.21%
5/06/2019 $20.01 $19.60 2.08% -0.32%
5/03/2019 $20.01 $19.67 1.75% 0.61%
5/02/2019 $20.00 $19.55 2.32% -0.84%
5/01/2019 $20.00 $19.71 1.46% -0.55%
4/30/2019 $20.11 $19.82 1.46% -0.30%
4/29/2019 $20.23 $19.88 1.76% -0.06%
4/26/2019 $20.25 $19.89 1.79% 0.28%
4/25/2019 $20.19 $19.84 1.77% -0.26%
4/24/2019 $20.18 $19.89 1.46% -0.41%
4/23/2019 $20.15 $19.97 0.89% -0.16%
4/22/2019 $20.11 $20.00 0.53% 0.79%
4/18/2019 $20.04 $19.85 0.97% -0.43%
4/17/2019 $20.00 $19.93 0.34% -0.57%
4/16/2019 $20.04 $20.05 -0.03% -0.26%
4/15/2019 $20.05 $20.10 -0.25% -0.22%
4/12/2019 $20.07 $20.14 -0.37% 0.78%
4/11/2019 $20.05 $19.99 0.30% 0.06%
4/10/2019 $20.08 $19.98 0.51% -0.02%
4/09/2019 $20.04 $19.98 0.30% -0.79%
4/08/2019 $20.09 $20.14 -0.25% 0.10%
4/05/2019 $20.12 $20.12 0.00% 0.55%
4/04/2019 $20.20 $20.01 0.94% 0.00%
4/03/2019 $20.09 $20.01 0.40% -0.50%
4/02/2019 $20.02 $20.11 -0.45% 0.15%
4/01/2019 $20.04 $20.08 -0.20% 0.40%
3/29/2019 $20.04 $20.00 0.20% -0.40%
3/26/2019 $20.00 $20.00 0.00% 0.00%

Performance is annualized for periods longer than 1 year. Source: Bloomberg

Performance data quoted represents past performance; past performance does not guarantee future results. Like any other stock, total return and market value will fluctuate so that an investment, when sold, may be worth more or less than its original cost. Due to market volatility, current performance may be lower or higher than the figures shown.

Since inception is since IPO date of the fund 3/26/2019.

Date Summary Sleeve Amount Details
June 2021 Enviva Partners, LP Energy Infrastructure $2,500,000 View Details
April 2021 Dynamic BC Holding LLC Social Impact $8,110,000 View Details
March 2021 Clearwater at Glendora Social Impact $3,770,000 View Details
October 2020 Drumlin Reserve Social Infrastructure $2,755,309.47 View Details
September 2020 PureCycle Technologies Social Infrastructure $9,000,000 View Details
September 2020 Enterprise Products Partners (EPD) Energy Infrastructure $5,000,000 View Details
June 2020 Enviva Partners, LP Energy Infrastructure 4,000,000 View Details
June 2020 Hillcrest Christian School Social Infrastructure $355,186 View Details
April 2020 C2NC Holdings Social Infrastructure $10,715,000 View Details
March 2020 Pioneer Technology & Arts Academy Social Infrastructure $410,000 View Details
January 2020 New Fortress Energy LLC Energy Infrastructure $4,875,000 View Details
December 2019 Sunnova Energy International Inc. Energy Infrastructure $5,300,000 View Details
November 2019 Noble Midstream Partners Energy Infrastructure $5,500,000 View Details
October 2019 St. James Christian Academy Social Infrastructure $185,000 View Details
October 2019 Mexico Pacific Limited, LLC Energy Infrastructure (private equity) View Details
October 2019 The Cottages of Perry Hall Social Infrastructure $2,280,000 View Details
July 2019 Vonore Fiber Products LLC Social Infrastructure $8,925,000 View Details
June 2019 The Village Charter School, Inc. Social Infrastructure $800,000 View Details
June 2019 Grace Commons senior living Social Infrastructure $3,650,000 (Series A)
$1,825,000 (Series B)
View Details
July 2019 Operating Stage Solar Acquisitions—CO/FL/NJ/PR Sustainable Infrastructure $26,000,000 (approx.) View Details
June 2019 Construction Stage Solar Acquisitions—CA/MA Sustainable Infrastructure $18,000,000 (approx.) View Details
June 2019 Athenian Academy charter school Social Infrastructure $445,000 View Details
June 2019 Altus Midstream Company Energy Infrastructure $4,000,000 (approx.) View Details
May 2019 MaST Community Charter School III Social Infrastructure $3,135,000 View Details
April 2019 Utility-scale solar projects—Bermuda Sustainable Infrastructure $6,700,000 (approx.) View Details
April 2019 Enviva Partners, LP Energy Infrastructure $5,000,000 View Details
Record Date Payment Date Amount Market Price NAV DRIP
8/24/2021 8/31/2021 $0.0750 TBD TBD TBD
7/23/2021 7/30/2021 $0.0750 TBD TBD TBD
6/23/2021 6/30/2021 $0.0750 $14.8200 $16.8600 $14.9400
5/21/2021 5/28/2021 $0.0750 $14.7600 $16.8500 $14.8318
4/23/2021 4/30/2021 $0.0750 $14.7600 $16.7800 $14.7276
3/24/2021 3/31/2021 $0.0750 $14.3400 $16.6400 $14.5745
2/19/2021 2/26/2021 $0.0750 $13.8800 $16.2000 $14.1198
1/22/2021 1/29/2021 $0.0750 $13.4100 $16.6100 $13.5353
12/24/2020 12/31/2020 $0.0750 $13.0600 $16.4500 $13.5067
Fiscal Year 2021 Total: $0.6750

Determining distributions to stockholders

We pay monthly distributions based primarily upon our current and estimated future distributable cash flow (DCF). In addition, and to the extent that the sum of our net investment company taxable income and net realized gains from investments exceed our monthly distributions, we intend to make an additional distribution to common stockholders in the last quarter of the calendar year to avoid being subject to U.S. federal income taxes. Our Board of Directors periodically reviews the distribution rate and may adjust the distribution throughout the year.

DCF is income from investments less expenses. Income from investments includes the amount we receive as cash or paid-in-kind distributions from securities in which we invest and dividend payments on short-term investments. Income also includes the premiums received from sales of covered call options, net of amounts paid to buy back out-of-the-money options. The total expenses include current or anticipated operating expenses and leverage costs.

2020 distributions to common stockholders were approximately 37.36% ordinary income, 19.75% qualified dividend income and 42.89% return of capital. Tax characterization of 2021 distributions will be determined after the completion of TEAF's fiscal year. For more details, see TEAF's complete distribution and tax information here.

Tax Information (NYSE: TEAF) Ecofin Sustainable and Social Impact Term Fund

Find distributions and other tax-related resources for Ecofin closed-end funds. Tax forms, publications and instructions are available for download from the IRS Web site.

Questions? Visit our Frequently Asked Tax Questions page.


Annual 1099-DIV

2020 Common Stock Tax Information

TEAF provides the following tax information to its common stockholders pertaining to the character of distributions paid during 2020. For stockholders who received all distributions in cash during 2020, approximately 37.36% was treated as ordinary income (Box 1a less Box 1b), 19.75% as qualified dividend income (Box 1b), and 42.89% treated as return of capital (Box 3). The per share characterization is reflected in the sample Form 1099-DIV below.

 

  1. Box 1a: Ordinary dividends are taxed at ordinary income tax rates.

  2. Box 1b: Qualified dividends are taxed at capital gain tax rates if the stockholder meets holding period requirements.

  3. Box 2a: Capital gain distributions (long-term) are taxed at capital gain tax rates.

  4. Box 3: Nondividend distributions are nontaxable and considered return of capital.

For stockholders who participated in the company sponsored dividend reinvestment plan, the tax basis of shares acquired is the greater of the purchase price or the market close price on the payment date.

Report of Organizational Actions Affecting Basis of Securities

Effective January 1, 2012, issuers of regulated investment company securities must complete Form 8937 to report organizational actions, including nontaxable distributions, that affect the basis of the securities involved in the organizational action. The information contained below is intended to satisfy the requirements of public reporting under section 1.6045B-1(a)(3) and (b)(4) of the Treasury Regulations.

Nothing contained herein should be construed as tax advice; consult your tax adviser for more information. Furthermore, you may not rely upon any information herein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.

Annual 1099-DIV

2019 Common Stock Tax Information

TEAF provides the following tax information to its common stockholders pertaining to the character of distributions paid during 2019. For stockholders who received all distributions in cash during 2019, approximately 25.82% was treated as ordinary income (Box 1a less Box 1b), 25.50% as qualified dividend income (Box 1b), and 48.68% treated as return of capital (Box 3). The per share characterization is reflected in the sample Form 1099-DIV below.

  1. Box 1a: Ordinary dividends are taxed at ordinary income tax rates.

  2. Box 1b: Qualified dividends are taxed at capital gain tax rates if the stockholder meets holding period requirements.

  3. Box 2a: Capital gain distributions (long-term) are taxed at capital gain tax rates.

  4. Box 3: Nondividend distributions are nontaxable and considered return of capital.

For stockholders who participated in the company sponsored dividend reinvestment plan, the tax basis of shares acquired is the greater of the purchase price or the market close price on the payment date.

Report of Organizational Actions Affecting Basis of Securities

Effective January 1, 2012, issuers of regulated investment company securities must complete Form 8937 to report organizational actions, including nontaxable distributions, that affect the basis of the securities involved in the organizational action. The information contained below is intended to satisfy the requirements of public reporting under section 1.6045B-1(a)(3) and (b)(4) of the Treasury Regulations.

Nothing contained herein should be construed as tax advice; consult your tax adviser for more information. Furthermore, you may not rely upon any information herein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.

As of 7/31/2021

Leverage Summary

Total leverage outstanding $25,800,000
Leverage as % of total assets 9.9%
Effective all-in cost of leverage 1.09%
Credit Facility Amount Amount Outstanding Non-use Rate Rate (1-month
LIBOR + 0.80%)
Maturity Date
$45,000,000 $25,800,000 0.20% 0.89% 179 calendar-day rolling commitment
Total Debt $25,800,000      

*Non-use fees are waived when amount outstanding is at least $31,500,000.

Leverage in the form of a margin loan is utilized within TEAF to acquire additional portfolio investments consistent with its investment philosophy. The terms of the leverage are governed by regulatory and contractual asset coverage requirements that arise from the use of leverage.

Leverage costs consist of interest expense on the bank margin loan, including non-use fees.

We consider market conditions at the time leverage is incurred and monitor for asset coverage ratios relative to 1940 Act requirements and our financial covenants on an ongoing basis. Leverage as a percent of total assets will vary depending on market conditions, but will normally range between 10% and 15%. The leverage ratio is impacted by increases or decreases in investment values, issuance of equity and/or the sale of securities when proceeds are used to reduce leverage.

Corporate Governance

Ecofin Sustainable and Social Impact Term Fund is committed to strong corporate governance. Anyone with concerns related to the company's conduct, the conduct of an officer of the company, accounting, internal accounting controls or auditing matters can communicate directly with the Audit Committee of the company's Board of Directors.

Please submit communications in an envelope labeled "To be opened by the Audit Committee only" to the:

Chairperson of the Audit Committee

c/o Corporate Secretary

Ecofin Sustainable and Social Impact Term Fund

6363 College Boulevard

Overland Park, KS 66211

 

info@tortoiseadvisors.com

The communication should indicate whether the communication is intended for the board or one of its committees.

We are committed to managing our companies with honesty and integrity. To help you understand our commitment to corporate governance, please review our guidelines, policies and procedures.

TEAF Governance Documents

Committee Membership

Board Member Audit Compliance Nominating Executive
Rand Berney
Conrad S. Ciccotello
Alexandra Herger
Jennifer Paquette
H. Kevin Birzer

 committee Chairman

Press Releases

8/02/2021 Energy Multi-Strategy

TortoiseEcofin Announces Release of 2021 Semi-Annual Report and Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

7/22/2021 Multi-Strategy

Ecofin Sustainable and Social Impact Term Fund (TEAF) Publishes Quarterly Commentary

7/20/2021 Energy Multi-Strategy

TortoiseEcofin Appoints New Principal Financial Officer and Treasurer for its Closed-End Funds

7/12/2021 Energy Multi-Strategy

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution and Ecofin Sustainable and Social Impact Term Fund (TEAF) Provides Update on Direct Investments and Portfolio Allocation

7/01/2021 Multi-Strategy

TortoiseEcofin Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

6/16/2021 Multi-Strategy

Tortoise Essential Assets Income Term Fund (TEAF) Announces Upcoming Name Change to Ecofin Sustainable and Social Impact Term Fund

6/01/2021 Energy Multi-Strategy

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

5/03/2021 Energy Multi-Strategy

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 30, 2021 for TYG, NTG, TTP, NDP, TPZ and TEAF

4/30/2021 Multi-Strategy

Tortoise Essential Assets Income Term Fund (NYSE: TEAF) Publishes Quarterly Commentary

4/12/2021 Energy Multi-Strategy

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution and Tortoise Essential Assets Income Term Fund (TEAF) Provides Update on Direct Investments and Portfolio Allocation

Press Releases