- Shareholders of **Tortoise Sustainable and Social Impact Term Fund (TEAF)** and **Tortoise Energy Infrastructure Corp. (TYG)** have approved the merger of TEAF into TYG, with TYG as the remaining company.  **[1704299_e98e7d06e0ce459fb5dfd15fdbcd2771_0]** 
- The merger is expected to become effective before the market opens on **November 10, 2025**.  **[1704299_e98e7d06e0ce459fb5dfd15fdbcd2771_0]** 
- Upon completion of the merger, **TYG's distributions will increase by 30%**.  **[1704299_e98e7d06e0ce459fb5dfd15fdbcd2771_0]** 
- As of **September 30, 2025**, the combined total assets under management of TYG and TEAF are approximately **$1.269 billion**.  **[1704299_e98e7d06e0ce459fb5dfd15fdbcd2771_0]**

TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND (TEAF)