PRUDENTIAL FINANCIAL INC has bought TYG on 2 days since Aug 2025

Prudential Financial Inc. is a major multinational financial services company headquartered in Newark, New Jersey, specializing in insurance, investment management, and retirement services.( Founded in 1875 as a mutual life insurance company, Prudential has grown into one of the largest financial institutions globally, managing over $1.5 trillion in assets under management as of September 30, 2025, and serving customers in more than 50 countries with diversified businesses including life insurance, annuities, and asset management.( The company maintains a strong commitment to shareholder returns, evidenced by a 5-year annual dividends per share CAGR from 2019 to 2024.(

As a 10% Owner of Tortoise Energy Infrastructure Corp (TYG), Prudential Financial Inc., through subsidiaries like PRUCO and Prudential Insurance Co of America, has actively increased its stake via non-open market acquisitions of Series J mandatory redeemable preferred shares.( Notable transactions include the purchase of 1,500,000 shares at $10 each on August 21, 2025, bolstering its 10% ownership,( and additional acquisitions such as 300,000 shares on December 23, 2024, contributing to holdings reported at 29,458,677 shares.( These moves reflect Prudential's strategic investments in energy infrastructure securities.(

Written by Perplexity from public sources.