0001145549-22-006586.txt : 20220214 0001145549-22-006586.hdr.sgml : 20220214 20220214171114 ACCESSION NUMBER: 0001145549-22-006586 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211130 FILED AS OF DATE: 20220214 DATE AS OF CHANGE: 20220214 EFFECTIVENESS DATE: 20220214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ECOFIN SUSTAINABLE & SOCIAL IMPACT TERM FUND CENTRAL INDEX KEY: 0001704299 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23248 FILM NUMBER: 22634607 BUSINESS ADDRESS: STREET 1: 6363 COLLEGE BOULEVBARD CITY: OVERLAND PARK STATE: KS ZIP: 66211 BUSINESS PHONE: 913-981-1020 MAIL ADDRESS: STREET 1: 6363 COLLEGE BOULEVBARD CITY: OVERLAND PARK STATE: KS ZIP: 66211 FORMER COMPANY: FORMER CONFORMED NAME: TORTOISE ESSENTIAL ASSETS INCOME TERM FUND DATE OF NAME CHANGE: 20180723 FORMER COMPANY: FORMER CONFORMED NAME: TORTOISE ESSENTIAL ASSETS INCOME 2024 TERM FUND, INC. DATE OF NAME CHANGE: 20170419 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001704299 XXXXXXXX false false false N-2 Ecofin Sustainable & Social Impact Term Fund 811-23248 0001704299 549300JEEQF7C836SM26 6363 College Boulevard Suite 100A Overland Park 66211 US-KS US 9139811020 U.S. Bancorp Fund Services LLC 615 E. Michigan St. Milwaukee 53202 4142873700 Transfer agency fund accounting and fund administration data U.S. Bank National Association 1555 N. Rivercenter Drive Suite 302 Milwaukee 53212 18336121912 Custody data Tortoise Capital Advisors LLC. 6363 College Boulevard Suite 100A Overland Park 66211 18558223863 Adviser data N N N-2 Y Alexandra Herger N/A N Conrad S. Ciccotello N/A N Jennifer Paquette N/A N Rand C. Berney N/A N H. Kevin Birzer 001410255 Y Diane M. Bono N/A 6363 College Boulevard Suite 100A Overland Park 66211 XXXXXX N N N N N N Quasar Distributors LLC 8-52323 000103848 N/A N N Ernst & Young LLP 00042 N/A N N N N N N N Ecofin Sustainable and Social Impact Term Fund 549300JEEQF7C836SM26 N N/A Y N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) N N N N Tortoise Capital Advisors LLC 801-61622 000123711 2549002CGOZK5RQVXG26 N Ecofin Advisors Limited 801-119181 000309902 549300Z2ET89XOQWMV67 Y GB N Computershare Inc. 84-5849 254900Y7PP3ZED9AUY94 N N N Interncontinental Exchange Inc. 5493000F4ZO33MV32P92 N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N US Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Computershare Inc. 254900Y7PP3ZED9AUY94 N N N U.S. Bancorp Fund Services, LLC N1GZ7BBF3NP8GI976H15 N/A N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N/A N N N Montage Securities LLC 8-68627 000285411 N/A 0.000000000000 Montage Securities, LLC 8-68627 000285411 N/A 0.000000000000 MORGAN STANLEY & CO. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 84914.000000000000 GOLDMAN SACHS & CO. LLC 8-00129 000000361 FOR8UP27PHTHYVLBNG30 67779.000000000000 WELLS FARGO SECURITIES LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 42034.000000000000 BBVA SECURITIES INC. 8-42857 000027060 549300RJFN0Z663VE860 8331.000000000000 MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED 8-07221 000007691 8NAV47T0Y26Q87Y0QP81 6987.000000000000 CANTOR FITZGERALD & CO. 8-00201 000000134 5493004J7H4GCPG6OB62 5100.000000000000 RBC CAPITAL MARKETS LLC 8-45411 000031194 549300LCO2FLSSVFFR64 4918.000000000000 UBS SECURITIES LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 4797.000000000000 CREDIT SUISSE SECURITIES USA LLC 8-00422 000000816 1V8Y6QCX6YMJ2OELII46 4680.000000000000 UBS ASSET MANAGEMENT US INC. 8-21901 000000583 N/A 3819.000000000000 257481.000000000000 SCOTIA CAPITAL USA INC. 8-03716 000002739 549300BLWPABP1VNME36 34391450.000000000000 MORGAN STANLEY & CO. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 23442591.000000000000 UMB FINANCIAL SERVICES INC. 8-34999 000017073 N/A 17415476.000000000000 HILLTOP SECURITIES INC. 8-45123 000006220 549300IXU82PMU6XZT45 15499163.000000000000 OPPENHEIMER & CO. INC. 8-04077 000000249 254900VH02JQR2L8XD64 11275800.000000000000 GOLDMAN SACHS & CO. LLC 8-00129 000000361 FOR8UP27PHTHYVLBNG30 5495111.000000000000 FHN FINANCIAL SECURITIES CORP. 8-51393 000046346 PHDL2C07HIPM5DUL8S59 4150000.000000000000 BARCLAYS CAPITAL INC. 8-41342 000019714 AC28XWWI3WIBK2824319 3802900.000000000000 CITIGROUP GLOBAL MARKETS INC. 8-08177 000007059 MBNUM2BPBDO7JBLYG310 1951770.000000000000 RBC CAPITAL MARKETS LLC 8-45411 000031194 549300LCO2FLSSVFFR64 1659501.000000000000 122693325.000000000000 N 258928676.000000000000 Common stock Common Stock N N N N N N 1.350000000000 1.860000000000 14.640000000000 17.150000000000 true INTERNAL CONTROL RPT 2 tx3.htm TEAF LETTER PDFtoHTML Conversion Output

Report of Independent Registered Public Accounting Firm

To the Shareholders and Board of Directors of

Ecofin Sustainable and Social Impact Term Fund (formerly, Tortoise Essential Assets Income Term Fund)

In planning and performing our audit of the financial statements of Ecofin Sustainable and Social Impact Term Fund (formerly, Tortoise Essential Assets Income Term Fund) (the Fund) as of and for the year ended November 30, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of November 30, 2021.

This report is intended solely for the information and use of management and the Board of Directors of Ecofin Sustainable and Social Impact Term Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ Ernst & Young LLP

Minneapolis, Minnesota

January 29, 2022