TORTOISE CAPITAL RESOURCES invests primarily in privately-held and micro-cap public companies operating in the midstream and downstream segments, and to a lesser extent the upstream segment, of the U.S. energy infrastructure sector. Tortoise Capital Resources seeks to provide stockholders a high level of total return, with an emphasis on distributions and distribution growth. The company intends to invest at least 90 percent of total assets, including leverage, in energy infrastructure company securities, and will invest at least 70 percent of total assets in qualifying assets including securities purchased in non-public offerings from eligible portfolio companies. The company may invest up to 30 percent of total assets in nonqualifing assets including high yield bonds, bridge loans, distressed debt, commercial loans, private equity, securities of public companies or secondary market purchases of securities of target portfolio companies.
TORTOISE CAPITAL RESOURCES invests primarily in privately-held and micro-cap public companies operating in the midstream and downstream segments, and to a lesser extent the upstream segment, of the U.S. energy infrastructure sector. Tortoise Capital Resources seeks to provide stockholders a high level of total return, with an emphasis on distributions and distribution growth. The company intends to invest at least 90 percent of total assets, including leverage, in energy infrastructure company securities, and will invest at least 70 percent of total assets in qualifying assets including securities purchased in non-public offerings from eligible portfolio companies. The company may invest up to 30 percent of total assets in nonqualifing assets including high yield bonds, bridge loans, distressed debt, commercial loans, private equity, securities of public companies or secondary market purchases of securities of target portfolio companies.
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