Tortoise Energy Infrastructure Corporation |
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SCHEDULE OF INVESTMENTS (Unaudited) |
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February 28, 2010 |
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Master Limited Partnerships and Related Companies - 159.7% (1) |
Shares |
Fair Value |
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Crude/Refined Products Pipelines - 68.4% (1) |
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United States - 68.4% (1) |
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Blueknight Energy Partners, L.P. (2) |
342,162 | $ | 3,695,350 | ||||||
Buckeye Partners, L.P. |
781,500 | 45,944,385 | |||||||
Enbridge Energy Partners, L.P. |
1,684,900 | 86,300,578 | |||||||
Holly Energy Partners, L.P. |
616,000 | 26,235,440 | |||||||
Kinder Morgan Management, LLC (3) |
1,840,914 | 105,576,441 | |||||||
Magellan Midstream Partners, L.P. |
1,626,700 | 73,591,908 | |||||||
NuStar Energy L.P. |
894,600 | 51,341,094 | |||||||
Plains All American Pipeline, L.P. |
1,239,100 | 68,658,531 | |||||||
Sunoco Logistics Partners L.P. |
799,000 | 54,220,140 | |||||||
|
515,563,867 | ||||||||
Natural Gas/Natural Gas Liquids Pipelines - 61.2% (1) |
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United States - 61.2% (1) |
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Boardwalk Pipeline Partners, LP |
1,837,546 | 55,016,127 | |||||||
Duncan Energy Partners L.P. |
604,335 | 15,404,499 | |||||||
El Paso Pipeline Partners, L.P. |
1,514,900 | 39,220,761 | |||||||
Energy Transfer Equity, L.P. |
554,110 | 17,908,835 | |||||||
Energy Transfer Partners, L.P. |
2,065,200 | 95,577,456 | |||||||
Enterprise Products Partners L.P. |
3,097,300 | 101,467,548 | |||||||
ONEOK Partners, L.P. |
634,700 | 38,494,555 | |||||||
Spectra Energy Partners, LP |
493,020 | 14,780,740 | |||||||
TC PipeLines, LP |
1,481,600 | 54,671,040 | |||||||
Williams Partners L.P. |
177,700 | 6,901,868 | |||||||
Williams Pipeline Partners L.P. |
726,500 | 21,206,535 | |||||||
460,649,964 | |||||||||
Natural Gas Gathering/Processing - 19.3% (1) |
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United States - 19.3% (1) |
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Copano Energy, L.L.C. |
999,440 | 23,786,672 | |||||||
DCP Midstream Partners, LP |
1,106,100 | 34,090,002 | |||||||
MarkWest Energy Partners, L.P. |
1,066,900 | 31,558,902 | |||||||
Regency Energy Partners LP |
295,400 | 6,274,296 | |||||||
Targa Resources Partners LP |
1,822,225 | 45,555,625 | |||||||
Western Gas Partners LP |
205,075 | 4,384,504 | |||||||
145,650,001 | |||||||||
Propane Distribution - 10.2% (1) |
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United States - 10.2% (1) |
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Inergy, L.P. |
2,135,500 | 77,134,260 | |||||||
Shipping - 0.6% (1) |
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Republic of the Marshall Islands - 0.6% (1) |
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Teekay LNG Partners L.P. |
156,200 | 4,262,698 | |||||||
Total Master Limited Partnerships and Related Companies (Cost $734,644,539) |
1,203,260,790 | ||||||||
Short-Term Investment - 0.0% (1) |
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United States Investment Company - 0.0% (1) |
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Fidelity Institutional Government Portfolio - Class I, 0.03% (4) (Cost $14,774) |
14,774 | 14,774 | |||||||
Total Investments - 159.7% (1) (Cost $734,659,313) |
1,203,275,564 | ||||||||
Other Assets and Liabilities - (27.5%) (1) |
(206,926,488 | ) | |||||||
Long-Term Debt Obligations - (22.5%) (1) |
(169,975,000 | ) | |||||||
Mandatory Redeemable Preferred Shares at Redemption Value - (9.7%) (1) |
(73,000,000 | ) | |||||||
Total Net Assets Applicable to Common Stockholders - 100.0% (1) |
$ | 753,374,076 | |||||||
(1) |
Calculated as a percentage of net assets applicable to common stockholders. |
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(2) |
Non-income producing. |
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(3) |
Security distributions are paid-in-kind. |
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(4) |
Rate indicated is the current yield as of February 28, 2010. |
Fair Value Measurements at Reporting Date Using |
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Quoted Prices in |
Significant |
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Active Markets for |
Significant Other |
Unobservable |
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Fair Value at |
Identical Assets |
Observable Inputs |
Inputs |
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Description |
February 28, 2010 |
(Level 1) |
(Level 2) |
(Level 3) |
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Equity Securities: |
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Master Limited Partnerships and Related Companies(a) |
$ | 1,203,260,790 | $ | 1,203,260,790 | $ | - | $ | - | ||||||||
Total Equity Securities |
1,203,260,790 | 1,203,260,790 | - | - | ||||||||||||
Other: |
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Short-Term Investment(b) |
14,774 | 14,774 | - | - | ||||||||||||
Total Other |
14,774 | 14,774 | - | - | ||||||||||||
Total |
$ | 1,203,275,564 | $ | 1,203,275,564 | $ | - | $ | - |
(a) |
All other industry classifications are identified in the Schedule of Investments. |
(b) |
Short-term investment is a sweep investment for cash balances in the Company at February 28, 2010. |
For the period ended | ||||
February 28, 2010 |
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Fair value beginning balance |
$ | 5,594,789 | ||
Total unrealized gains included in net increase in net assets applicable to common stockholders |
- | |||
Net purchases, issuances and settlements |
- | |||
Return of capital adjustments impacting cost basis of security |
- | |||
Transfers out of Level 3 |
(5,594,789 | ) | ||
Fair value ending balance |
$ | - |
(a) |
The registrant’s President and Chief Executive Officer and its Chief Financial Officer have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective as of a date within 90 days of the filing date of this report, based on
the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended. |
(b) |
There was no change in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. |
Tortoise Energy Infrastructure Corporation | |||
Date: April 26, 2010 |
By: |
/s/ David J. Schulte | |
David J. Schulte | |||
President and Chief Executive Officer | |||
Tortoise Energy Infrastructure Corporation | |||
Date: April 26, 2010 |
By: |
/s/ David J. Schulte | |
David J. Schulte | |||
President and Chief Executive Officer | |||
Tortoise Energy Infrastructure Corporation | |||
Date: April 26, 2010 |
By: |
/s/ Terry Matlack | |
Terry Matlack | |||
Chief Financial Officer | |||