TYG
NYSE · Financial Services · Asset Management · US
Tortoise Energy Infrastructure Corporation (NYSE:TYG) is a closed-end investment fund that was founded in 2003 and began trading publicly in February 2004. The company is managed by Tortoise Capital Advisors L.L.C. and specializes in investing in energy infrastructure companies across the United States. As a closed-end fund, TYG issues a fixed number of shares that trade on the stock exchange, with the share price determined by market demand rather than the underlying net asset value of its holdings. The fund focuses specifically on companies involved in the transportation, processing, storage, and distribution of energy commodities, particularly those structured as Master Limited Partnerships (MLPs).