Quarterly Notice of Portfolio Holdings

As filed with the Securities and Exchange Commission on April 13, 2006



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


 
FORM N-Q
 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 




Investment Company Act file number 811-21462



Tortoise Energy Infrastructure Corporation
(Exact name of registrant as specified in charter)



10801 Mastin Blvd., Suite 222, Overland Park, KS 66210
(Address of principal executive offices) (Zip code)



David J. Schulte
10801 Mastin Blvd., Suite 222, Overland Park, KS 66210
(Name and address of agent for service)



913-981-1020
Registrant's telephone number, including area code



Date of fiscal year end: November 30

 

 
Date of reporting period: February 28, 2006

 

Item 1. Schedule of Investments.
 
 
SCHEDULE OF INVESTMENTS
(Unaudited)
February 28, 2006
 
Common Stock - 1.0%(1)
  
Shares
  
Value
 
Natural Gas Gathering/Processing - 1.0%(1)
        
 
Crosstex Energy, Inc. (Cost $2,172,703)
  
54,136
 $
4,307,602
           
 
Master Limited Partnerships and
Related Companies - 167.9%(1)
           
 
Coal - 0.9%(1)
        
 
Natural Resource Partners, L.P.
  
71,800
  
3,781,706
           
 
Crude/Refined Products Pipelines - 99.4%(1)
        
 
Buckeye Partners, L.P.
  
568,802
  
25,175,177
 
Enbridge Energy Partners, L.P.
  
904,000
  
40,408,800
 
Holly Energy Partners, L.P.
  
427,070
  
17,129,778
 
Kinder Morgan Management, LLC(3)
  
1,464,699
  
64,051,287
 
Magellan Midstream Partners, L.P.
  
2,190,213
  
68,969,807
 
Pacific Energy Partners, L.P.
  
656,500
  
20,318,675
 
Pacific Energy Partners, L.P.(2)
  
325,200
  
9,450,312
 
Plains All American Pipeline, L.P.
  
1,247,155
  
55,885,016
 
Sunoco Logistics Partners, L.P.
  
934,625
  
40,058,028
 
TEPPCO Partners, L.P.
  
812,745
  
29,608,300
 
Valero, L.P.
  
709,874
  
36,927,645
         
407,982,825
           
 
Natural Gas/Natural Gas Liquid Pipelines - 15.7%(1)
        
 
Enterprise GP Holdings, L.P.
  
71,400
  
2,845,290
 
Enterprise Products Partners, L.P.
  
2,248,940
  
54,604,263
 
Northern Border Partners, L.P.
  
144,600
  
6,955,260
         
64,404,813
           
 
Natural Gas Gathering/Processing - 33.8%(1)
        
 
Copano Energy, LLC
  
91,950
  
3,740,526
 
Copano Energy, LLC(2)
  
531,701
  
21,198,919
 
Crosstex Energy, L.P.
 
160,009
  
5,920,333
 
Crosstex Energy, L.P.(2)
  
108,578
  
3,776,343
 
Energy Transfer Partners, L.P.
  
1,804,600
  
64,460,312
 
Hiland Partners, L.P.
  
36,548
  
1,498,468
 
Markwest Energy Partners, L.P.
  
805,810
  
36,261,450
 
Williams Partners, L.P.
  
59,750
  
1,977,725
         
138,834,076
           
 
Shipping - 5.3%(1)
        
 
K-Sea Transportation Partners, L.P.
  
571,300
  
19,806,971
 
Teekay LNG Partners, L.P.
  
67,200
  
2,042,880
         
21,849,851
           
 
Propane Distribution - 12.8%(1)
        
 
Inergy, L.P.
  
1,767,979
  
48,336,546
 
Inergy, L.P.(2)
  
82,655
  
2,001,904
 
Inergy Holdings, L.P.
  
61,761
  
2,099,874
         
52,438,324
 
Total Master Limited Partnerships and
Related Companies (Cost $531,602,985)
      
689,291,595
           
     
Principal
    
 
Promissory Note - 1.5%(1)
  
Amount
    
 
Shipping - 1.5%(1)
        
 
E.W. Transportation, LLC - Unregistered, 8.72%, Due 3/31/2009
        
 
(Cost $6,133,985)(2)(4)
 $
6,197,549
  
6,133,985
           
 
Short-Term Investments - 1.5% (1)
  
Shares
    
           
 
First American Government Obligations Money Market
        
 
Fund - Class Y, 4.16%(5) (Cost $6,196,023)
 
6,196,023
  
6,196,023
           
 
Total Investments - 171.9% (1) (Cost $546,105,696)
      
705,929,205
           
 
Auction Rate Senior Notes - (40.2%)(1)
      
(165,000,000)
 
Interest Rate Swap Contracts - 0.7%(1)
        
 
$345,000,000 notional - Unrealized Appreciation, Net(6)
      
2,965,831
 
Liabilities in Excess of Cash and Other Assets - (15.4%)(1)
      
(63,252,871)
 
Preferred Shares at Redemption Value - (17.0%)(1)
      
(70,000,000)
           
 
Total Net Assets Applicable to Common
Stockholders - 100.0%(1)
     $
410,642,165
           
           
 
(1) Calculated as a percentage of net assets applicable to common stockholders.
 
(2) Fair valued securities represent a total market value of $42,561,463 which represents 10.4% of net assets.  These securities are deemed to be restricted; see Note 6 for further disclosure.
 
(3) Security distributions are paid in kind. Related company of master limited partnership.
 
(4) Security is a variable rate instrument. Interest rate is as of February 28, 2006.
 
(5) Rate indicated is the 7-day effective yield.
 
(6) See Note 10 for further disclosure.
 
 
 
Item 2. Controls and Procedures.
 
(a)  
The Registrant’s 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.

 
Item 3. Exhibits.
 
Separate certifications for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)). Filed herewith.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


(Registrant) Tortoise Energy Infrastructure Corporation                   

By (Signature and Title)* /s/ David J. Schulte                                     
David J. Schulte, President and Chief Executive Officer

Date April 12, 2006                                                                                    



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)* /s/ David J. Schulte                                      
David J. Schulte, President and Chief Executive Officer

Date April 12, 2006                                                                                    

By (Signature and Title)* /s/ Terry C. Matlack                                    
Terry C. Matlack, Chief Financial Officer

Date April 12, 2006