Latest news with #1940Act
Business Wire
4 days ago
- Business
- Business Wire
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of May 31, 2025
NEW YORK--(BUSINESS WIRE)--ClearBridge Energy Midstream Opportunity Fund Inc. (NYSE: EMO) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of May 31, 2025. As of May 31, 2025, the Fund's net assets were $904.1 million, and its net asset value per share was $49.70. The Fund's asset coverage ratio under the Investment Company Act of 1940 (the '1940 Act') with respect to senior indebtedness was 584% and the Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 403%. Amount (millions) Per Share Investments $ 1,142.0 $ 62.78 Cash and Cash Equivalents 113.7 6.25 Other Assets 11.2 0.62 Total Assets $ 1,266.9 $ 69.65 Senior Notes* $ 41.8 $ 2.30 Loans Outstanding* 164.0 9.02 Mandatory Redeemable Preferred Shares* 92.4 5.08 Total Leverage $ 298.2 $ 16.40 Deferred Tax Liability $ 55.0 $ 3.02 Distributions Payable 6.5 0.36 Other Liabilities 3.1 0.17 Total Liabilities $ 64.6 $ 3.55 Net Assets $ 904.1 $ 49.70 Outstanding Shares 18,190,226 * The Fund's asset coverage ratio under the 1940 Act with respect to senior indebtedness was 584%. * The Fund's asset coverage ratio under the 1940 Act with respect to total leverage was 403%. Top Ten Equity Holdings (as of May 31, 2025)** Market Value Name (millions) % of Investments *** Energy Transfer LP $ 115.8 10.1 % Targa Resources Corp. $ 112.2 9.8 % MPLX LP $ 97.0 8.5 % ONEOK Inc. $ 94.9 8.3 % Western Midstream Partners LP $ 83.5 7.3 % Williams Cos. Inc. $ 77.2 6.8 % Enterprise Products Partners LP $ 69.6 6.1 % Kinder Morgan Inc. $ 67.6 5.9 % Antero Midstream Corp. $ 62.1 5.4 % Hess Midstream LP $ 54.2 4.7 % $ 834.1 72.9 % ** Subject to change at any time *** Percent of Total Equity Investments Expand ClearBridge Energy Midstream Opportunity Fund Inc. is a non-diversified, closed-end management investment company, which is advised by Franklin Templeton Fund Adviser, LLC ('FTFA') and subadvised by ClearBridge Investments, LLC ('ClearBridge'). FTFA and ClearBridge are indirect, wholly-owned subsidiaries of Franklin Resources, Inc. ('Franklin Resources'). This financial data is unaudited. The Fund files its semi-annual and annual reports with the Securities and Exchange Commission ('SEC'), as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. These reports are available on the SEC's website at To obtain information on Form N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. For more information about the Fund, please call 1-888-777-0102 or consult the Fund's website at Hard copies of the Fund's complete audited financial statements are available free of charge upon request. Data and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund. Category: Financials Source: Franklin Resources, Inc. Source: Legg Mason Closed End Funds
Yahoo
5 days ago
- Business
- Yahoo
Portman Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote 'FOR' the Share Issuance Proposal
Stockholders of PTMN Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services ('ISS') and Glass Lewis & Co. ('Glass Lewis'), Have Recommended PTMN Stockholders Vote 'FOR' the Share Issuance Proposal NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ: PTMN) ('Portman Ridge' or 'PTMN') announced today that its Special Meeting of Stockholders (the 'PTMN Special Meeting') will take place on June 20, 2025, rather than June 6, 2025, to provide stockholders with additional time to cast their vote to approve the share issuance proposal in connection with the proposed merger of Logan Ridge Finance Corporation (NASDAQ: LRFC) ('Logan Ridge' or 'LRFC') with and into PTMN (the 'Share Issuance Proposal'). Stockholders of PTMN can attend the meeting and cast their votes by following the instructions outlined in the amended joint proxy statement. Alternatively, stockholders can also access the virtual meeting and vote by going to the following website: or by calling 1-833-218-3911 and providing the control number which is listed in the proxy card received. The Board of Directors of PTMN unanimously recommends that stockholders vote 'FOR' the proposals related to the proposed merger. Furthermore, leading independent proxy advisory firms, ISS and Glass Lewis, have both recommended that PTMN stockholders vote 'FOR' the proposed merger. The record date for determining stockholders entitled to vote at the reconvened Special Meeting remains the close of business on May 6, 2025. Stockholders as of the record date are eligible to vote, even if they have subsequently sold their shares. Stockholders who have already voted do not need to take any further action. Proxies previously submitted will be voted at the reconvened meetings unless properly revoked. The Board of Directors of PTMN respectfully requests stockholders vote their proxies as soon as possible. Voting promptly will help ensure that the Special Meeting can proceed without further delays. Stockholders can access the joint proxy statement and prospectus by clicking HERE. Stockholders who have questions about the meeting date, joint proxy statement or about voting their shares should contact PTMN's proxy solicitor, Broadridge, at 1-833-218-3911. About Portman Ridge Finance Corporation PTMN is a publicly traded, externally managed investment company that has elected to be regulated as a business development company (a 'BDC') under the 1940 Act. PTMN's middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. PTMN's investment activities are managed by its investment adviser, Sierra Crest. PTMN's filings with the Securities and Exchange Commission (the 'SEC'), earnings releases, press releases and other financial, operational and governance information are available on Portman Ridge's website at About Logan Ridge Finance Corporation LRFC is a BDC that invests primarily in first lien loans and, to a lesser extent, second lien loans and equity securities issued by lower middle-market companies. LRFC invests in performing, well-established middle-market businesses that operate across a wide range of industries. It employs fundamental credit analysis, targeting investments in businesses with relatively low levels of cyclicality and operating risk. For more information, visit Cautionary Statement Regarding Forward-Looking Statements Some of the statements in this communication constitute forward-looking statements because they relate to future events, future performance or financial condition. The forward-looking statements may include statements as to future operating results of PTMN and LRFC, and distribution projections; business prospects of PTMN and LRFC, and the prospects of their portfolio companies; and the impact of the investments that PTMN and LRFC expect to make. In addition, words such as 'anticipate,' 'believe,' 'expect,' 'seek,' 'plan,' 'should,' 'estimate,' 'project' and 'intend' indicate forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this communication involve risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) the ability of the parties to consummate the merger on the expected timeline, or at all; (ii) the expected synergies and savings associated with the merger; (iii) the ability to realize the anticipated benefits of the merger, including the expected elimination of certain expenses and costs due to the merger; (iv) the percentage of PTMN shareholders and LRFC shareholders voting in favor of the applicable Proposal (as defined below) submitted for their approval; (v) the possibility that competing offers or acquisition proposals will be made; (vi) the possibility that any or all of the various conditions to the consummation of the merger may not be satisfied or waived; (vii) risks related to diverting management's attention from ongoing business operations; (viii) the combined company's plans, expectations, objectives and intentions, as a result of the merger; (ix) any potential termination of the merger agreement; (x) the future operating results and net investment income projections of PTMN, LRFC or, following the closing of the merger, the combined company; (xi) the ability of Sierra Crest to implement its future plans with respect to the combined company; (xii) the ability of Sierra Crest and its affiliates to attract and retain highly talented professionals; (xiii) the business prospects of PTMN, LRFC or, following the closing of the merger, the combined company, and the prospects of their portfolio companies; (xiv) the impact of the investments that PTMN, LRFC or, following the closing of the merger, the combined company expect to make; (xv) the ability of the portfolio companies of PTMN, LRFC or, following the closing of the merger, the combined company to achieve their objectives; (xvi) the expected financings and investments and additional leverage that PTMN, LRFC or, following the closing of the merger, the combined company may seek to incur in the future; (xvii) the adequacy of the cash resources and working capital of PTMN, LRFC or, following the closing of the merger, the combined company; (xviii) the timing of cash flows, if any, from the operations of the portfolio companies of PTMN, LRFC or, following the closing of the merger, the combined company; (xix) the risk that stockholder litigation in connection with the merger may result in significant costs of defense and liability; and (xx) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities). PTMN and LRFC have based the forward-looking statements included in this document on information available to them on the date hereof, and they assume no obligation to update any such forward-looking statements. Although PTMN and LRFC undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that they may make directly to you or through reports that PTMN and LRFC in the future may file with the SEC, including the Registration Statement and Joint Proxy Statement (in each case, as defined below), annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. No Offer or Solicitation This communication is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and the communication is not, and under no circumstances is it to be construed as, an offer to sell or a solicitation of an offer to purchase any securities in PTMN, LRFC or in any fund or other investment vehicle managed by BC Partners or any of its affiliates. Additional Information and Where to Find It This communication relates to the proposed merger of PTMN and LRFC and certain related matters (the 'Proposals'). In connection with the Proposals, PTMN has filed a registration statement (Registration No. 333-285230) with the SEC (the 'Registration Statement') that contains a combined joint proxy statement for PTMN and LRFC and a prospectus of PTMN (the 'Joint Proxy Statement') and has mailed the Joint Proxy Statement to its and LRFC's respective shareholders. The Registration Statement and Joint Proxy Statement will contain important information about PTMN, LRFC and the Proposals. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. SHAREHOLDERS OF PTMN AND LRFC ARE URGED TO READ THE REGISTRATION STATEMENT, JOINT PROXY STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PTMN, LRFC AND THE PROPOSALS. Investors and security holders will be able to obtain the documents filed with the SEC free of charge at the SEC's website, or, for documents filed by PTMN, from PTMN's website at and, for documents filed by LRFC, from LRFC's website at Participants in the Solicitation PTMN, its directors, certain of its executive officers and certain employees and officers of Sierra Crest and its affiliates may be deemed to be participants in the solicitation of proxies in connection with the Proposals. Information about the directors and executive officers of PTMN is set forth in its proxy statement for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 29, 2025. LRFC, its directors, certain of its executive officers and certain employees and officers of Mount Logan and its affiliates may be deemed to be participants in the solicitation of proxies in connection with the Proposals. Information about the directors and executive officers of LRFC is set forth in the Annual Report on Form 10-K/A, which was filed with the SEC on April 29, 2025. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the PTMN and LRFC shareholders in connection with the Proposals will be contained in the Registration Statement, including the Joint Proxy Statement included therein, and other relevant materials when such documents become available. These documents may be obtained free of charge from the sources indicated above. Contacts:Portman Ridge Finance Corporation650 Madison Avenue, 3rd floorNew York, NY 10022 Brandon SatorenChief Financial (212) 891-2880 The Equity Group Catilcati@ (212) 836-9611 Val Ferrarovferraro@ (212) 836-9633Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of May 31, 2025
HOUSTON, June 03, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the 'Company') (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the '1940 Act') as of May 31, 2025. As of May 31, 2025, the Company's net assets were $2.3 billion, and its net asset value per share was $13.79. As of May 31, 2025, the Company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 740% and the Company's asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 530%. STATEMENT OF ASSETS AND LIABILITIESMAY 31, 2025 // (UNAUDITED) (in millions) Investments $ 3,184.4 Cash and cash equivalents 12.1 Receivable for securities sold 2.8 Accrued income 1.6 Other assets 1.0 Total assets 3,201.9 Notes 388.2 Unamortized notes issuance costs (2.5 ) Preferred stock 153.6 Unamortized preferred stock issuance costs (1.2 ) Total leverage 538.1 Payable for capital shares purchased 2.6 Other liabilities 19.8 Current tax liability, net 12.6 Deferred tax liability, net 297.1 Total liabilities 332.1 Net assets $ 2,331.7 The Company had 169,126,038 common shares outstanding as of May 31, 2025. Long-term investments were comprised of Midstream Energy Companies (94%), Other (4%) and Utility Companies (2%). The Company's ten largest holdings by issuer at May 31, 2025 were: Amount(in millions) % Long Term Investments 1. The Williams Companies, Inc. (Midstream Energy Company) $ 359.7 11.3% 2. Energy Transfer LP (Midstream Energy Company) 319.4 10.0% 3. Enterprise Products Partners L.P. (Midstream Energy Company) 313.6 9.8% 4. MPLX LP (Midstream Energy Company) 308.6 9.7% 5. Cheniere Energy, Inc. (Midstream Energy Company) 266.9 8.4% 6. Kinder Morgan, Inc. (Midstream Energy Company) 215.4 6.8% 7. ONEOK, Inc. (Midstream Energy Company) 186.4 5.9% 8. TC Energy Corporation (Midstream Energy Company) 167.7 5.3% 9. Targa Resources Corp. (Midstream Energy Company) 152.5 4.8% 10. Western Midstream Partners, LP (Midstream Energy Company) 120.6 3.8% Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Company's most recent quarterly or annual report. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company's investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company's most recent quarterly or annual report for a description of these investment categories and the meaning of capitalized terms. This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor's specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company's filings with the SEC, available at or Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company's investment objectives will be attained. Contact investor relations at 877-657-3863 or cef@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
7 days ago
- Business
- Business Recorder
Section 30 of 1940 Act: SC explains court's jurisdictional extent
ISLAMABAD: The arbitration is an autonomous and final forum, and judicial interference is permissible only in narrow and clearly defined circumstances envisaged by Section 30 of the 1940 Act; i.e., jurisdictional error, proven misconduct, or a patent legal mistake visible on the face of the record. A three-judge bench, headed by Chief Justice Yahya Afridi and comprising Justice Muhammad Shafi Siddiqui and Justice Miangul Hassan Aurangzeb, rendered this verdict on Pakistan Railways' petition against Lahore High Court (LHC) judgment dated 04.03.2024. The disputes between the petitioner (Pakistan Railways) and the respondent (CRRC Ziyang Co Limited) arose from a contract executed on 01.11.2017 were referred to arbitration by a two-member arbitral tribunal, which rendered the award on 02.07.2021 and filed it before the civil court. The petitioner on 01.09.2021 filed objections to the said award praying for the award to be set aside and the disputes to be remitted back to the arbitrators. The civil court on 23.11.2022 under amended provisions of the Code of Civil Procedure, 1908, framed the issues requiring the parties to submit the list of witnesses for the production of evidence within a period of seven days. The respondent under Section 30 of the Arbitration Act, 1940, assailed the civil court's order dated 23-11-2022 before the LHC, which on 04-03-2024 set aside the said order and remanded the case to the civil court for a decision afresh on the basis of available record. The petitioner approached the apex court against the LHC verdict. The nine-page judgment authored by Justice Miangul Hassan Aurangzeb, upholding the LHC order, dismissed the petition. It said objections to arbitration awards, ought to avoid framing issues and record evidence unless absolutely necessary. 'The framing of issues and recording of evidence; however, undermines the core objectives of the 1940 Act, which are efficiency, finality, and minimal judicial intervention.' The judgment noted that arbitration offers several time-related advantages compared to traditional court litigation. Arbitration typically takes less time because the process is more streamlined, with fewer procedural steps and less formality than court proceedings. Justice Hassan wrote that the Courts are expected to pronounce judgment and decree in terms of the award, intervening only on narrow grounds such as misconduct or invalidity of the award, without re-opening factual issues through evidence recording. It is now well settled that arbitrators are entitled to regulate their own procedure and are not governed by the strict procedure prescribed by the CPC and the rules regarding evidence contained in the Qanun-e-Shahadat Order, 1984. Arbitrators decide disputes based on evidence presented during arbitration proceedings. They are under no obligation to frame issues as provided in the CPC. The judgment said that courts recording fresh evidence disregard the procedural safeguards in arbitration, such as the Arbitrator's exclusive jurisdiction to assess evidence and apply law. This may lead to inconsistent outcomes and procedural unfairness. If the court frames issues and records evidence after objections to an award are filed, parties may use this as an opportunity to re-litigate the entire dispute, leading to multiple proceedings on the same issues besides undermining both the legislative intent and the integrity of the arbitral process. The framing of issues, recording of evidence and hearing arguments post the filing of the award in the court is bound to increase litigation costs for parties and add to the already heavy workload of courts. This again defeats the purpose of arbitration as an economical and efficient alternative dispute resolution mechanism. The recording of evidence and conducting a trial effectively converts the court into an appellate or fact-finding forum, which would be contrary to the statutory scheme envisaged by the 1940 Act. Copyright Business Recorder, 2025
Yahoo
03-06-2025
- Business
- Yahoo
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 30, 2025, for TYG and TEAF
OVERLAND PARK, KS / / June 2, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 30, 2025, the company's unaudited total assets were approximately $969.2 million and its unaudited net asset value was $772.2 million, or $44.80 per share. As of May 30, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 679%, and its coverage ratio for preferred shares was 515%. For more information on the company's coverage ratios, please refer to the leverage summary web page at Set forth below is a summary of the company's preliminary unaudited balance sheet at May 30, 2025. Preliminary Unaudited balance sheet (in Millions) Per Share Investments $ 964.9 $ 55.98 Cash and Cash Equivalents 0.1 0.00 Current Tax Assets 0.4 0.03 Other Assets 3.8 0.22 Total Assets 969.2 56.23 Short-Term Borrowings 43.0 2.49 Senior Notes 98.1 5.69 Preferred Stock 44.9 2.61 Total Leverage 186.0 10.79 Other Liabilities 5.4 0.32 Deferred Tax Liability 5.6 0.32 Net Assets $ 772.2 $ 44.80 17.24 million common shares currently outstanding. Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF) today announced that as of May 30, 2025 the company's unaudited total assets were approximately $209.2 million and its unaudited net asset value was $177.0 million, or $13.12 per share. As of May 30, 2025, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 664%. For more information on the company's coverage ratios, please refer to the leverage summary web page at Set forth below is a summary of the company's preliminary unaudited balance sheet at May 30, 2025. Preliminary Unaudited balance sheet (in Millions) Per Share Investments $ 207.6 $ 15.38 Cash and Cash Equivalents 0.6 0.05 Other Assets 1.0 0.08 Total Assets 209.2 15.51 Credit Facility Borrowings 31.4 2.33 Other Liabilities 0.8 0.06 Net Assets $ 177.0 $ 13.12 13.49 million common shares outstanding. The top 10 holdings for TYG and TEAF as of the most recent month-end can be found on each fund's portfolio web page at TEAF also provides update on direct investments. TEAF provides an update on the fund's direct investments on the company website at Details on each private deal that has taken place over the prior month will be published on the website at The list includes all deals completed since the fund's inception. About Tortoise Capital With approximately $8.8 billion in assets under management as of Apr. 30, 2025, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well- positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Energy Infrastructure Corp. and Tortoise Sustainable and Social Impact Term Fund. For additional information on these funds, please visit Cautionary Statement Regarding Forward-Looking Statements This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement. Safe harbor statement This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. Media ContactsCraft & CapitalChris Sullivan chris@ Jesselson rob@ SOURCE: Tortoise Capital View the original press release on ACCESS Newswire
