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

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Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) has declared its October monthly distribution of $0.105 per share, payable on Oct. 31, 2024, to shareholders of record on Oct. 24, 2024. The fund cautions that this distribution should not be used to draw conclusions about its investment performance. TPZ estimates that it has distributed more than its income and net realized capital gains, suggesting a portion of the distribution may be a return of capital.

TPZ will provide detailed information about the sources of this distribution in a Section 19(a) Notice. The fund emphasizes that the reported amounts and sources are estimates and may change based on its investment experience and tax regulations. Shareholders will receive a Form 1099-DIV for the calendar year with official tax reporting information.

Tortoise Capital Advisors, L.L.C. serves as the adviser to TPZ. For more information, investors can visit cef.tortoiseadvisors.com.

Il Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) ha dichiarato la sua distribuzione mensile di ottobre di $0.105 per azione, che sarà pagata il 31 ottobre 2024, agli azionisti registrati il 24 ottobre 2024. Il fondo avverte che questa distribuzione non dovrebbe essere utilizzata per trarre conclusioni sulla sua performance d'investimento. TPZ stima di aver distribuito più del suo reddito e guadagni in conto capitale realizzati netti, suggerendo che una parte della distribuzione potrebbe essere un ritorno di capitale.

TPZ fornirà informazioni dettagliate sulle fonti di questa distribuzione in un Avviso Sezione 19(a). Il fondo sottolinea che gli importi e le fonti riportati sono stime e potrebbero cambiare in base alla sua esperienza d'investimento e alle normative fiscali. Gli azionisti riceveranno un Modulo 1099-DIV per l'anno solare con informazioni ufficiali per la dichiarazione fiscale.

Tortoise Capital Advisors, L.L.C. funge da consulente per TPZ. Per ulteriori informazioni, gli investitori possono visitare cef.tortoiseadvisors.com.

El Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) ha declarado su distribución mensual de octubre de $0.105 por acción, que se pagará el 31 de octubre de 2024, a los accionistas registrados el 24 de octubre de 2024. El fondo advierte que esta distribución no debe usarse para sacar conclusiones sobre su rendimiento de inversión. TPZ estima haber distribuido más de sus ingresos y ganancias de capital netamente realizadas, lo que sugiere que una parte de la distribución puede ser un retorno de capital.

TPZ proporcionará información detallada sobre las fuentes de esta distribución en un Aviso Sección 19(a). El fondo enfatiza que los montos e informes son estimaciones y pueden cambiar según su experiencia de inversión y las regulaciones fiscales. Los accionistas recibirán un Formulario 1099-DIV para el año calendario con información oficial para la declaración de impuestos.

Tortoise Capital Advisors, L.L.C. actúa como asesor de TPZ. Para más información, los inversores pueden visitar cef.tortoiseadvisors.com.

토르토이즈 파워 및 에너지 인프라 펀드, Inc. (NYSE:TPZ)는 10월 월 배당금으로 주당 $0.105를 선언하였으며, 2024년 10월 31일에 지급될 예정입니다. 기록된 주주에게는 2024년 10월 24일 기준으로 지급됩니다. 이 펀드는 이번 배당금을 투자 성과에 대한 결론을 내리는 데 사용해서는 안 된다고 경고합니다. TPZ는 자기가 소득 및 순 실현 자본 이익 이상의 배당금을 분배했다고 추정하고 있으며, 이는 배당금의 일부가 자본 반환일 수 있음을 시사합니다.

TPZ는 이번 배당금의 출처에 대한 자세한 정보를 섹션 19(a) 통지서에서 제공할 것입니다. 이 펀드는 보고된 금액 및 출처는 추정치이며, 투자 경험 및 세금 규정에 따라 변경될 수 있다고 강조합니다. 주주들은 공식 세금 보고 정보가 포함된 1099-DIV 양식을 연간 기준으로 수령할 것입니다.

토르토이즈 캐피탈 어드바이저스 L.L.C.는 TPZ에 대한 자문 역할을 수행합니다. 추가 정보를 원하시는 투자자는 cef.tortoiseadvisors.com을 방문할 수 있습니다.

Le Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) a déclaré sa distributions mensuelles d'octobre de $0,105 par action, payable le 31 octobre 2024, aux actionnaires enregistrés le 24 octobre 2024. Le fonds met en garde que cette distribution ne doit pas être utilisée pour tirer des conclusions sur sa performance d'investissement. TPZ estime avoir distribué plus de ses revenus et de ses gains en capital réalisés nets, ce qui suggère qu'une partie de la distribution pourrait être un retour de capital.

TPZ fournira des informations détaillées sur les sources de cette distribution dans un avis de section 19(a). Le fonds souligne que les montants et les sources rapportés ne sont que des estimations et peuvent évoluer en fonction de son expérience d'investissement et de la réglementation fiscale. Les actionnaires recevront un formulaire 1099-DIV pour l'année civile avec les informations officielles de déclaration fiscale.

Tortoise Capital Advisors, L.L.C. sert de conseiller pour TPZ. Pour plus d'informations, les investisseurs peuvent visiter cef.tortoiseadvisors.com.

Der Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) hat seine monatliche Ausschüttung für Oktober in Höhe von 0,105 $ pro Aktie erklärt, die am 31. Oktober 2024 an die am 24. Oktober 2024 eingetragenen Aktionäre gezahlt wird. Der Fonds weist darauf hin, dass diese Ausschüttung nicht verwendet werden sollte, um Schlussfolgerungen über die Anlageperformance zu ziehen. TPZ schätzt, dass er mehr als seine Einkünfte und realisierten Nettokapitalgewinne ausgeschüttet hat, was darauf hindeutet, dass ein Teil der Ausschüttung eine Rückzahlung des Kapitals sein könnte.

TPZ wird detaillierte Informationen über die Quellen dieser Ausschüttung in einem Abschnitt 19(a) Hinweis bereitstellen. Der Fonds betont, dass die angegebenen Beträge und Quellen Schätzungen sind und sich je nach Investmenterfahrung und Steuerregelungen ändern können. Die Aktionäre erhalten ein Formular 1099-DIV für das Kalenderjahr mit offiziellen Steuerberichterstattungsinformationen.

Tortoise Capital Advisors, L.L.C. fungiert als Berater für TPZ. Für weitere Informationen können Investoren die Webseite cef.tortoiseadvisors.com besuchen.

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OVERLAND PARK, KS / ACCESSWIRE / October 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the October monthly distribution of $0.105 per share payable on Oct. 31, 2024, to shareholders of record on Oct. 24, 2024.

You should not draw any conclusions about TPZ's investment performance from the amount of this distribution or from the terms of TPZ's distribution policy.

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of the distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

TPZ will report the sources for its distributions at the time of the payment in the applicable Section 19(a) Notice. The amounts and sources of distributions TPZ reports are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. TPZ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Power and Energy Infrastructure Fund, Inc.

For additional information on this fund, please visit cef.tortoiseadvisors.com.

About Tortoise Capital

With approximately $8.3 billion in assets under management as of August 31, 2024, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well-positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit www.TortoiseAdvisors.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the fund and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the fund and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.

Safe harbor statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Media Contacts:

Margaret Kirch Cohen/Richard Chimberg
Newton Park PR
+1 847-507-2229
+1 617-312-4281
margaret@newtonparkpr.com
rich@newtonparkpr.com

SOURCE: Tortoise Capital



View the original press release on accesswire.com

FAQ

What is the October 2024 monthly distribution amount for Tortoise Power and Energy Infrastructure Fund (TPZ)?

Tortoise Power and Energy Infrastructure Fund (TPZ) has declared a monthly distribution of $0.105 per share for October 2024.

When is the payment date for TPZ's October 2024 distribution?

The payment date for TPZ's October 2024 distribution is October 31, 2024.

What is the record date for TPZ's October 2024 distribution?

The record date for TPZ's October 2024 distribution is October 24, 2024.

Why does TPZ state that its distribution may include a return of capital?

TPZ estimates that it has distributed more than its income and net realized capital gains, which may result in a portion of the distribution being classified as a return of capital.

How will TPZ shareholders receive tax information about the distributions?

TPZ will send shareholders a Form 1099-DIV for the calendar year, which will provide official tax reporting information for the distributions.

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