Welcome to our dedicated page for Tortoise Power and Energy Infrastructure Fund news (Ticker: $TPZ), a resource for investors and traders seeking the latest updates and insights on Tortoise Power and Energy Infrastructure Fund stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tortoise Power and Energy Infrastructure Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tortoise Power and Energy Infrastructure Fund's position in the market.
Tortoise announced a revision to the corporate action treatment for the Tortoise North American Pipeline Index (TNAP), with NuStar Energy LP being removed due to an approved acquisition by Sunoco LP. Special rebalancings will occur in the Tortoise MLP Index (TMLP) and the TNAP as a result of these changes.
Tortoise Power and Energy Infrastructure Fund, Inc. provided a Section 19(a) notice regarding the distribution paid on April 30, 2024, and cumulative distribution for the fiscal year-to-date. The distribution breakdown includes net investment income, net realized short-term and long-term capital gains, and return of capital. The total distribution per common share is $0.1050, with a significant portion being a return of capital. The fund's annual total return, distribution rate, and cumulative return percentages are also provided. Investors should note that the distribution may include a return of capital, which does not reflect investment performance.
