Tortoise

Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice

Retrieved on: 
Monday, February 28, 2022

A return of capital distribution does not necessarily reflect TTPs and/or TPZs investment performance and should not be confused with yield or income.

Key Points: 
  • A return of capital distribution does not necessarily reflect TTPs and/or TPZs investment performance and should not be confused with yield or income.
  • The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes.
  • Tortoise Capital Advisors is the Adviser to the Tortoise Pipeline & Energy Fund, Inc. and the Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .
  • Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.

Tortoise MLP & Pipeline Fund Shifts to Quarterly Distribution Payouts

Retrieved on: 
Thursday, February 24, 2022

For distribution dates and amounts for Tortoise MLP & Energy Income Fund (INFRX/INFFX/INFIX), please refer to the website here .

Key Points: 
  • For distribution dates and amounts for Tortoise MLP & Energy Income Fund (INFRX/INFFX/INFIX), please refer to the website here .
  • The Tortoise MLP & Pipeline Fund focuses on the large and diverse North American pipeline universe.
  • The Tortoise MLP & Energy Income Fund invests in securities across the capital structure of energy infrastructure companies; including common equity, preferred equity, bonds and MLPs.
  • TCA Advisors is the adviser to the Tortoise MLP & Pipeline Fund and Tortoise MLP & Energy Income Fund.

TortoiseEcofin Announces Constituent Change Due to Merger and Acquisition Activity

Retrieved on: 
Thursday, February 17, 2022

Due to the merger, SEV will be removed from the index at market close on Friday, February 18, 2022.

Key Points: 
  • Due to the merger, SEV will be removed from the index at market close on Friday, February 18, 2022.
  • TortoiseEcofin focuses on essential assets those assets and services that are indispensable to the economy and society.
  • The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, S&P Dow Jones Indices).
  • S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Indices.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of January 31, 2022 for TYG, NTG, TTP, NDP and TPZ

Retrieved on: 
Wednesday, February 2, 2022

Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.

Key Points: 
  • Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.
  • Tortoises solid track record of energy value chain investment experience and research dates back more than 20 years.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

Retrieved on: 
Monday, January 31, 2022

A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with "yield" or "income."
  • Tortoise Capital Advisors is the Adviser to the Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .
  • Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.
  • As one of the earliest investors in midstream energy, Tortoise believes it is well-positioned to be at the forefront of the global energy evolution that is underway.

TortoiseEcofin Announces 2021 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report

Retrieved on: 
Saturday, January 29, 2022

The adviser also announced today the release of the combined 2021 annual stockholders' report including all of these funds.

Key Points: 
  • The adviser also announced today the release of the combined 2021 annual stockholders' report including all of these funds.
  • Please call (866) 362-9331 or email [email protected] to request a hard copy of this report free of charge.
  • is the Adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc., and Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .
  • You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

TortoiseEcofin Announces Constituent Changes Due to Corporate Action

Retrieved on: 
Friday, January 28, 2022

Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.

Key Points: 
  • Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.
  • Special rebalancings in TNAP are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 7.5% threshold and the target constituent weight exceeds certain weighting thresholds.
  • Special rebalancings in DCRBN are triggered by corporate actions such as mergers, bankruptcies, liquidations, and conversions in which the resulting weight of a single constituent exceeds the indexs 5.0% threshold and the target constituent weight exceeds certain weighting thresholds.
  • TortoiseEcofin focuses on essential assets those assets and services that are indispensable to the economy and society.

Tortoise Announces Further Distribution Increases and Discount Management Program for Its Closed-End Funds

Retrieved on: 
Tuesday, January 18, 2022

The Board will continue to evaluate the effectiveness of share repurchases and tender offers as part of the Funds discount management program, and may announce additional actions in the future.

Key Points: 
  • The Board will continue to evaluate the effectiveness of share repurchases and tender offers as part of the Funds discount management program, and may announce additional actions in the future.
  • The Funds portfolio managers, officers and Board of Directors will not tender their shares if a tender is required.
  • is the adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .
  • Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

Retrieved on: 
Monday, January 10, 2022

Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the January monthly distribution of $0.06 per share payable on January 31, 2022, to shareholders of record on January 24, 2022.

Key Points: 
  • Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the January monthly distribution of $0.06 per share payable on January 31, 2022, to shareholders of record on January 24, 2022.
  • A return of capital distribution does not necessarily reflect TPZs investment performance and should not be confused with yield or income.
  • is the adviser to Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on this fund, please visit cef.tortoiseecofin.com .
  • Tortoise focuses on energy and power infrastructure and the transition to cleaner energy.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 31, 2021 for TYG, NTG, TTP, NDP and TPZ

Retrieved on: 
Tuesday, January 4, 2022

Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.

Key Points: 
  • Tortoise focuses on energy & power infrastructure and the transition to cleaner energy.
  • Tortoises solid track record of energy value chain investment experience and research dates back more than 20 years.
  • With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities.
  • is the adviser to Tortoise Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc., Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy Independence Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc.
    For additional information on these funds, please visit cef.tortoiseecofin.com .