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Posted by
Two Blokes Jun 13 -
Filed in
Stock
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6 views
TEAF divested a significant portion of its private holdings after a strategic review, shifting focus to public energy infrastructure in an attempt to improve performance. The fund's performance post-announcement has been mixed, with a volatile market hitting shortly after announcing its transformation. Divestment may reduce net investment income coverage, but distribution coverage could remain stable, supported by increased allocations to high-yield MLPs like ET and MPLX.
