Skip to Content
CEF Specialist

CEF Weekly Update

Tortoise to merge three MLP funds.

Mentioned: , , , , , , , ,

As summer temperatures rise, closed-end fund news cools off.  

Fund Mergers
Tortoise announced the approval by its shareholders to merge Tortoise Energy Capital (TYY) and Tortoise North America Energy (TYN) into  Tortoise Energy Infrastructure (TYG). The merger is expected to close June 20, 2014.

Cara Esser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.