As filed with the Securities and Exchange Commission on April 28, 2005 |
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Tortoise Energy Infrastructure Corporation | |||||
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Schedule of Investments
(Unaudited) | |||||
February 28, 2005 | |||||
Common Stock - 0.56% + |
Shares |
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Value | ||
Natural Gas Gathering/Processing - 0.56% + |
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Crosstex Energy, Inc. (Cost $2,246,338) |
56,536 |
$2,346,244 | |||
Master Limited Partnerships - 142.80% + |
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Coal - 2.48% + |
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Natural Resource Partners L.P. |
169,700 |
10,356,791 | |||
Shipping - 0.63% + |
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U.S. Shipping Partners L.P. |
2,000 |
54,240 | |||
K-Sea Transportation Partners L.P. |
71,300 |
2,583,912 | |||
2,638,152 | |||||
Crude/Refined Products Pipelines - 87.30% + |
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Buckeye Partners, L.P. |
415,200 |
18,231,432 | |||
Enbridge Energy Partners, L.P. |
419,200 |
22,657,760 | |||
Enbridge Energy Partners, L.P. ^ |
501,300 |
25,400,871 | |||
Holly Energy Partners, L.P. |
427,070 |
16,634,377 | |||
Kaneb Pipe Line Partners, L.P. |
414,500 |
25,429,575 | |||
Kinder Morgan Management, LLC # |
946,032 |
40,603,693 | |||
Kinder Morgan Management, LLC #^ |
420,815 |
17,779,434 | |||
Magellan Midstream Partners, L.P. |
841,637 |
51,045,284 | |||
Pacific Energy Partners, L.P. |
656,500 |
21,277,165 | |||
Plains All American Pipeline, L.P. |
728,400 |
28,509,576 | |||
Plains All American Pipeline, L.P. ^ |
486,855 |
18,768,260 | |||
Sunoco Logistics Partners, L.P. |
810,100 |
33,943,190 | |||
TEPPCO Partners, L.P. |
607,400 |
26,628,416 | |||
Valero, L.P. |
294,700 |
18,321,499 | |||
365,230,532 | |||||
Natural Gas/Natural Gas Liquid Pipelines - 13.64% + |
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Enterprise Products Partners, L.P. |
1,845,800 |
49,319,776 | |||
Northern Border Partners, L.P. |
151,200 |
7,726,320 | |||
57,046,096 | |||||
Natural Gas Gathering/Processing - 24.43% + |
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Copano Energy, LLC |
155,800 |
4,349,936 | |||
Energy Transfer Partners, L.P. |
902,300 |
57,566,740 | |||
Hiland Partners, L.P.* |
36,548 |
1,112,887 | |||
Markwest Energy Partners, L.P. |
226,100 |
11,110,554 | |||
Markwest Energy Partners, L.P. ^ |
579,710 |
28,057,964 | |||
102,198,081 | |||||
Propane Distribution - 14.32% + |
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Inergy, L.P. |
1,732,220 |
56,470,372 | |||
Inergy, L.P. ^ |
118,414 |
3,419,796 | |||
59,890,168 | |||||
Total Master Limited Partnerships (Cost $466,105,528) |
597,359,820 | ||||
Principal |
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Promissory Notes - 1.78% + |
Amount |
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K-Sea Transportation Partners L.P. - Unregistered, 8.320%, |
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Due 03/31/2009 (Cost $7,454,492) ^ @ |
$7,552,475 |
7,454,492 | |||
Short Term Investments - 1.63% + |
Shares |
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First American Government Obligations Money Market Fund - Class Y |
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(Cost $6,822,983) |
6,822,983 |
6,822,983 | |||
Total Investments - 146.77% + (Cost $482,629,341) |
613,983,539 | ||||
Interest Rate Swap Contracts - 0.20% + |
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$60,000,000 notional, matures 7/10/2007 - Unrealized Appreciation |
431,106 | ||||
$50,000,000 notional, matures 7/17/2007 - Unrealized Appreciation |
393,332 | ||||
824,438 | |||||
Liabilities in Excess of Other Assets - (38.60%) + |
(161,468,778) | ||||
Preferred Shares at Redemption Value - (8.37%) + |
(35,000,000) | ||||
Total Net Assets Applicable to Common Stockholders - 100.00% + |
$418,339,199 | ||||
Footnotes and Abbreviations |
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+ Calculated as a percentage of net assets. |
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* Non-Income producing security. |
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^ Fair valued securities represent a total market value of $100,880,817 which represents 24.11% of | |||||
net assets. |
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# Security distributions are paid in kind. |
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@ Security is a variable rate instrument. Interest rate is as of February 28, 2005. |
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(a) | The Registrants President/Chief Executive Officer and Treasurer/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 the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 15d-15(b) under the Securities Exchange Act of 1934, as amended. |
(b) | There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrant's last fiscal half-year that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting. |
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