Morningstar, Inc. Commentaries
Jun 3, 2014
Click here to access CEF Weekly Update - June 3, 2014
As summer temperatures rise, closed-end fund news cools off.
Fund MergersTortoise 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.