Ecofin Sustainable and Social Impact:TEAF

    Manage Alerts

    Overview

    As of 10/18/2021

     Share
    Price    		NAVPremium/
    Discount
    Current$14.57$17.64-17.40%
    52 Wk Avg$14.00$16.68-16.12%
    52 Wk High$15.30$17.64-10.89%
    52 Wk Low$10.86$14.73-26.32%
    Regular Distribution Type†Managed Distribution
    Distribution Rate6.18%
    Distribution Amount$0.0750
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    We seek to achieve our investment objective by investing, under normal conditions, at least 80% of our total assets (including assets obtained through leverage) in issuers operating in essential asset sectors. Our investment portfolio generally will be comprised of the following types of investments: Direct Investments, Listed Equity Securities, and Corporate Deb Securities.

    Capital Structure

    As of 10/18/2021

    Total Investment Exposure:$268.383M
    Total Common Assets:$237.983M
    Common Shares Outstanding:13,491,127
    Leverage

    As of 10/18/2021

    Preferred Share Assets:
    Total Debt (USD): $30.400M
    Regulatory Leverage (USD): $30.400M
    Effective Leverage (USD): $30.400M
    Effective Leverage (%): 11.33%
    Annual Expense Ratios

    As of 11/30/2020

      Per Common Share
    Management Fees1.44%
    Other Expenses:0.66%
    Baseline Expense: N/A
    Interest Expense:0.23%
    Total: 2.33%
    Fund Management

    Fund Sponsor
    Ecofin

    Portfolio Managers
    Michel G. Sznajer, Adam T. Peltzer, Ed Russell, Matthew Breidert, Jean Hugues De Lamaze, Nicholas S. Holmes, Jeremy Goff, David Sifford

    Basics
    Category: Equity-Sector Equity
    Ticker: TEAF
    NAV Ticker: XTEAX
    Average Daily Volume (shares): 49,897
    Average Daily Volume (USD): $0.681M
    Inception Date: 3/27/2019
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: Yes
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 10/18/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 5/31/2021    		 $0.2143
    Annualized Distribution Rate on NAV:
    As of 10/18/2021    		5.10%
    Total Return on NAV (12 months):
    As of 10/18/2021    		23.54%
    Avg. Portfolio Coupon:
    As of 10/18/2021    		 11.44%
    Total % Portfolio Effectively Leveraged:
    As of 10/18/2021     		11.33%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/19/2021

    PeriodAvg Discount
    6 Month-14.11%
    1 Year-16.12%
    3 Year 
    5 Year 
    Z-Score

    As of 10/18/2021

    PeriodZStat
    3 Month-0.97
    6 Month-1.58
    1 Year-0.36
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2021
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD11.82%8.76%17.24%11.64%
    2020-12.74%-5.05%5.15%5.71%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2021
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/18/2021    		11.44%
    Number of Holdings:
    As of 9/30/2021    		83
    Annual Portfolio Turnover:
    As of 11/30/2020    		73.22%
    Asset Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Utilities34.40%
    Defensive (Super Sector)34.40%
    Corporate (Super Sector)19.52%
    Sensitive (Super Sector)15.93%
    Corporate Bond14.34%
    Energy8.72%
    Industrials6.15%
    Preferred Stock5.18%
    Cyclical (Super Sector)4.86%
    Municipal (Super Sector)4.47%
    State Allocation

    As of 9/30/2021 reported by Fund Sponsor

    State% Portfolio
    New York3.51%
    Florida0.39%
    Wisonsin0.27%
    Arizona0.16%
    California0.15%
    Top Holdings

    As of 9/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Teaf Solar Holdco Llc$25.03M9.83%
    Teaf Solar Holdco Llc$25.03M9.83%
    C2NC Holdings LLC$10.76M4.22%
    China Suntien Green Energy Corp Ltd Class H$9.90M3.89%
    PUBLIC FIN AUTH WIS REV 9%$8.93M3.51%
    SSE PLC$8.28M3.25%
    Enviva Partners Lp$8.28M3.25%
    Dynamic BC Holding LLC$8.11M3.18%
    EDP - Energias de Portugal SA$7.49M2.94%
    Spark Infrastructure Group$6.89M2.71%
    Credit Quality

    As of 9/30/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 9/30/2021 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity21.29%
    United States - Fixed Income17.42%
    Canada - Equity6.02%
    United Kingdom - Equity5.81%
    Australia - Equity5.38%
    Spain - Equity5.23%
    Italy - Equity4.56%
    China - Equity3.89%
    Portugal - Equity2.94%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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