Tortoise announced that it has published a special podcast with an update on Tortoise’s closed-end funds’ leverage and coverage. The 40-Act test ratios for 3/20/20 on the webpages are calculated on a pro forma basis to include proceeds from trades that have been made, but not yet settled, plus cash on the balance sheet of the funds that could be used to pay down leverage. The podcast is available here. Leverage summaries are available on our website for TYG, NTG, TTP, NDP, TPZ and TEAF.