The Ecofin Sustainable and Social Impact Term Fund, formerly known as the Tortoise Essential Assets Income Term Fund (and before that, Tortoise Essential Assets Income 2024 Term Fund, Inc.), operates as a closed-ended, balanced mutual fund. Launched in 2017 and domiciled in the United States, it is managed by Tortoise Capital Advisors L.L.C. The fund's primary objective is to invest in both equity and fixed-income markets, specifically targeting companies within vital "essential asset" sectors. These encompass education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation, and telecommunications. Its portfolio diversifies across stocks of companies of all market capitalizations, as well as corporate and government debt securities, including high-yield corporate debt of any maturity. Additionally, the fund allocates capital to private equity investments. To build its portfolio, the fund employs a rigorous investment process that combines fundamental and quantitative analysis, with a focus on proprietary financial, risk, and valuation models.
What is Tortoise Sustainable and Social Impact Term Fund stock price today?▼
The current price of XTEAX is $13.51 USD — it has increased by +1.11% in the past 24 hours. Watch Tortoise Sustainable and Social Impact Term Fund stock price performance more closely on the chart.
What is Tortoise Sustainable and Social Impact Term Fund stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Tortoise Sustainable and Social Impact Term Fund stocks are traded under the ticker XTEAX.
Is Tortoise Sustainable and Social Impact Term Fund stock price growing?▼
XTEAX stock has risen by +0% compared to the previous week, the month change is a +0% rise, over the last year Tortoise Sustainable and Social Impact Term Fund has showed a +0.14% increase.
What is Tortoise Sustainable and Social Impact Term Fund revenue for the last year?▼
Tortoise Sustainable and Social Impact Term Fund revenue for the last year amounts to 7.83M USD.
What is Tortoise Sustainable and Social Impact Term Fund net income for the last year?▼
XTEAX net income for the last year is -22.12M USD.
Does Tortoise Sustainable and Social Impact Term Fund pay dividends?▼
Yes, XTEAX dividends are paid monthly. The last dividend per share was 0.09 USD. As of today, Dividend Yield (FWD)% is 7.99%.
In which sector is Tortoise Sustainable and Social Impact Term Fund located?▼
Tortoise Sustainable and Social Impact Term Fund operates in the Other sector.
When did Tortoise Sustainable and Social Impact Term Fund complete a stock split?▼
Tortoise Sustainable and Social Impact Term Fund has not had any recent stock splits.