Tortoise Energy Infrastructure Closed Fund (TYG) - Net Assets
Based on the latest financial reports, Tortoise Energy Infrastructure Closed Fund (TYG) has net assets worth $983.24 Million USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.29 Billion) and total liabilities ($304.75 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Tortoise Energy Infrastructure Closed Fu to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $983.24 Million |
| % of Total Assets | 76.34% |
| Annual Growth Rate | 4.74% |
| 5-Year Change | 136.96% |
| 10-Year Change | -30.38% |
| Growth Volatility | 37.8 |
Tortoise Energy Infrastructure Closed Fund - Net Assets Trend (2004–2025)
This chart illustrates how Tortoise Energy Infrastructure Closed Fund's net assets have evolved over time, based on quarterly financial data. Also explore Tortoise Energy Infrastructure Closed Fu asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Tortoise Energy Infrastructure Closed Fund (2004–2025)
The table below shows the annual net assets of Tortoise Energy Infrastructure Closed Fund from 2004 to 2025. For live valuation and market cap data, see how much is Tortoise Energy Infrastructure Closed Fu worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $983.24 Million | +75.79% |
| 2024-11-30 | $559.34 Million | +47.00% |
| 2023-11-30 | $380.50 Million | -14.80% |
| 2022-11-30 | $446.62 Million | +7.63% |
| 2021-11-30 | $414.94 Million | +35.77% |
| 2020-11-30 | $305.63 Million | -75.00% |
| 2019-11-30 | $1.22 Billion | -3.02% |
| 2018-11-30 | $1.26 Billion | +6.67% |
| 2017-11-30 | $1.18 Billion | -16.34% |
| 2016-11-30 | $1.41 Billion | +0.47% |
| 2015-11-30 | $1.41 Billion | -40.66% |
| 2014-11-30 | $2.37 Billion | +90.17% |
| 2013-11-30 | $1.25 Billion | +22.08% |
| 2012-11-30 | $1.02 Billion | +2.21% |
| 2011-11-30 | $998.40 Million | +3.58% |
| 2010-11-30 | $963.90 Million | +41.00% |
| 2009-11-30 | $683.60 Million | +43.31% |
| 2008-11-30 | $477.00 Million | -40.63% |
| 2007-11-30 | $803.40 Million | +33.37% |
| 2006-11-30 | $602.40 Million | +27.01% |
| 2005-11-30 | $474.30 Million | +27.64% |
| 2004-11-30 | $371.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tortoise Energy Infrastructure Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10636244600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $106.36 Million | 10.82% |
| Common Stock | $21.12K | 0.00% |
| Other Components | $876.86 Million | 89.18% |
| Total Equity | $983.24 Million | 100.00% |
Tortoise Energy Infrastructure Closed Fund Competitors by Market Cap
The table below lists competitors of Tortoise Energy Infrastructure Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
$1.00 Billion |
|
CareDx Inc
NASDAQ:CDNA
|
$1.00 Billion |
|
Appotronics Corp Ltd
SHG:688007
|
$1.00 Billion |
|
Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284
|
$1.00 Billion |
|
Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286
|
$1.00 Billion |
|
Pacira BioSciences, Inc.
NASDAQ:PCRX
|
$999.70 Million |
|
B-Soft Co Ltd
SHE:300451
|
$999.68 Million |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$999.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tortoise Energy Infrastructure Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 559,338,743 to 983,242,029, a change of 423,903,286 (75.8%).
- Net income of 19,355,818 contributed positively to equity growth.
- Dividend payments of 79,235,439 reduced retained earnings.
- Share repurchases of 15,660,610 reduced equity.
- New share issuances of 40,000,000 increased equity.
- Other factors increased equity by 459,443,517.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.36 Million | +1.97% |
| Dividends Paid | $79.24 Million | -8.06% |
| Share Repurchases | $15.66 Million | -1.59% |
| Share Issuances | $40.00 Million | +4.07% |
| Other Changes | $459.44 Million | +46.73% |
| Total Change | $- | 75.79% |
Book Value vs Market Value Analysis
This analysis compares Tortoise Energy Infrastructure Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.71x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-11-30 | $29.31 | $50.20 | x |
| 2005-11-30 | $31.81 | $50.20 | x |
| 2006-11-30 | $36.01 | $50.20 | x |
| 2007-11-30 | $42.83 | $50.20 | x |
| 2008-11-30 | $20.35 | $50.20 | x |
| 2009-11-30 | $28.44 | $50.20 | x |
| 2010-11-30 | $35.61 | $50.20 | x |
| 2011-11-30 | $36.00 | $50.20 | x |
| 2012-11-30 | $51.12 | $50.20 | x |
| 2013-11-30 | $62.41 | $50.20 | x |
| 2014-11-30 | $197.35 | $50.20 | x |
| 2015-11-30 | $117.10 | $50.20 | x |
| 2016-11-30 | $115.34 | $50.20 | x |
| 2017-11-30 | $95.42 | $50.20 | x |
| 2018-11-30 | $109.87 | $50.20 | x |
| 2019-11-30 | $69.25 | $50.20 | x |
| 2020-11-30 | $22.35 | $50.20 | x |
| 2021-11-30 | $34.79 | $50.20 | x |
| 2022-11-30 | $37.67 | $50.20 | x |
| 2023-11-30 | $35.35 | $50.20 | x |
| 2024-11-30 | $51.96 | $50.20 | x |
| 2025-11-30 | $47.24 | $50.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tortoise Energy Infrastructure Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 178.64%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.31x
- Recent ROE (1.97%) is above the historical average (-3.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.81% | 1329.61% | 0.01x | 1.40x | $10.44 Million |
| 2005 | 7.98% | 526.88% | 0.01x | 1.47x | $-9.60 Million |
| 2006 | 18.48% | 1449.35% | 0.01x | 1.54x | $51.07 Million |
| 2007 | 8.19% | 664.18% | 0.01x | 1.57x | $-14.52 Million |
| 2008 | -61.06% | -2067.14% | 0.02x | 1.45x | $-338.96 Million |
| 2009 | 36.13% | 1833.70% | 0.01x | 1.46x | $178.64 Million |
| 2010 | 25.59% | 3972.30% | 0.00x | 1.50x | $150.29 Million |
| 2011 | 7.04% | 4687.33% | 0.00x | 1.55x | $-29.53 Million |
| 2012 | 13.31% | 1706.81% | 0.00x | 1.69x | $33.75 Million |
| 2013 | 21.74% | 2873.11% | 0.00x | 1.76x | $146.20 Million |
| 2014 | 9.86% | 1039.56% | 0.01x | 1.85x | $-3.30 Million |
| 2015 | -59.68% | -203.91% | 0.15x | 1.99x | $-979.54 Million |
| 2016 | 7.53% | 57.84% | 0.07x | 1.84x | $-34.95 Million |
| 2017 | -9.60% | 0.00% | -0.05x | 1.89x | $-231.58 Million |
| 2018 | 7.65% | 120.09% | 0.04x | 1.70x | $-29.68 Million |
| 2019 | -20.58% | 0.00% | -0.11x | 1.81x | $-284.44 Million |
| 2020 | -188.38% | 0.00% | -1.25x | 1.49x | $-606.31 Million |
| 2021 | 32.23% | 98.07% | 0.24x | 1.37x | $92.25 Million |
| 2022 | 23.12% | 97.77% | 0.17x | 1.40x | $58.60 Million |
| 2023 | -4.11% | -99.13% | 0.03x | 1.29x | $-53.67 Million |
| 2024 | 37.71% | 98.41% | 0.31x | 1.23x | $154.99 Million |
| 2025 | 1.97% | 178.64% | 0.01x | 1.31x | $-78.97 Million |
Industry Comparison
This section compares Tortoise Energy Infrastructure Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $896,093,866
- Average return on equity (ROE) among peers: -12.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tortoise Energy Infrastructure Closed Fund (TYG) | $983.24 Million | 12.81% | 0.31x | $1.00 Billion |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.79 Billion | 7.51% | 0.00x | $3.59 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $304.00 Million | 32.66% | 0.17x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $359.65 Million |
| Affiliated Managers Group Inc (AMG) | $1.30 Billion | -0.10% | 1.49x | $8.37 Billion |
| Ameriprise Financial Inc (AMP) | $4.73 Billion | 54.05% | 36.05x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $632.43 Million | 16.58% | 4.38x | $42.91 Million |
| Artisan Partners Asset Management Inc (APAM) | $-736.58 Million | 0.00% | 0.00x | $2.60 Billion |
About Tortoise Energy Infrastructure Closed Fund
Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributi… Read more