Ecofin Tax-Advantaged Social Impact Fund Estimated Capital Gains Distribution

LEAWOOD, KS–([1])–To assist our shareholders with year-end planning, we are providing estimates of the per-share capital gains distribution expected to be paid during 2020. These estimates were prepared using capital gain amounts as of October 31, 2020. The estimates are being provided for informational purposes only and may not include all required tax adjustments. The final per-share amounts will be based on the actual number of shares outstanding on the fund’s record date which may differ significantly from the number of shares outstanding at the time these estimates were prepared. Please keep in mind that the following amounts are estimates and subject to change. The final amounts will be reported to you on Form 1099-DIV, which will be mailed in early 2021.

Record Date: 12/22/2020

Ex-Dividend Date: 12/23/2020

Payment Date: 12/23/2020

2020 Estimated Capital Gain Distributions Per Share

 

Fund Name

Short-Term

Capital Gains1

Long-Term

Capital Gains2

Total

Capital Gains

Ecofin Tax-Advantaged Social Impact Fund – TSIFX

$0.0000

$0.00545

$0.00545

 

1Short-term capital gains are generally taxable as ordinary income. A portion of ordinary income may be taxable at qualified dividend income tax rates. The estimates above do not reflect calculations for qualified dividends. Such calculations, if applicable, will appear on your Form 1099-DIV.

2Long-term capital gains may be taxable at reduced capital gain tax rates.

Additionally, the fund intends to post full portfolio holdings on its website as soon as practicable after the end of each month.

Nothing contained in this communication constitutes tax, legal, or investment advice. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation.

About Ecofin

Ecofin is a sustainable investment firm dedicated to uniting ecology and finance. Our mission is to generate strong risk-adjusted returns while optimizing investors’ impact on society. We are socially-minded, ESG-attentive investors, harnessing years of expertise investing in sustainable infrastructure, energy transition, clean water & environment and social impact. Our strategies are accessible through a variety of investment solutions and seek to achieve positive impacts that align with UN Sustainable Development Goals by addressing pressing global issues surrounding climate action, clean energy, water, education, healthcare and sustainable communities. Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively “Ecofin”). To learn more, please visit www.ecofininvest.com[2].

Before investing in the fund, investors should consider their investment goals, time horizons and risk tolerance. The fund’s investment objective, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus (click here[3]) contain this and other important information about the fund. Copies of the fund’s prospectus may be obtained by calling 855-TCA-FUND. Read it carefully before investing.

Investing involves risks. Principal loss is possible. The fund is suitable only for investors who can bear the risks associated with the limited liquidity of the fund and should be viewed as a long-term investment.

TCA Advisors is the adviser to the fund and Ecofin Advisors, LLC is the sub-adviser.

Quasar Distributors, LLC, distributor

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are “forward-looking statements.” Although the funds and TCA Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund’s reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and TCA Advisors do not assume a duty to update this forward-looking statement.

References

  1. ^ (www.businesswire.com)
  2. ^ www.ecofininvest.com (cts.businesswire.com)
  3. ^ click here (cts.businesswire.com)

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