Welcome to our dedicated page for Tortoise Electrification Infrastructure ETF news (Ticker: TPZ), a resource for investors and traders seeking the latest updates and insights on Tortoise Electrification Infrastructure ETF stock.
The TPZ news page on Stock Titan aggregates coverage related to Tortoise Electrification Infrastructure ETF (TPZ) and its underlying strategy in power and energy infrastructure. Tortoise Capital Advisors, L.L.C., the fund’s adviser, regularly issues press releases that describe changes to TPZ’s investment policy, fund structure, and distribution practices, as well as broader commentary on electrification and energy infrastructure themes.
Recent news has highlighted TPZ’s realignment around the buildout of North American electrification infrastructure and a corresponding name change to Tortoise Electrification Infrastructure ETF. These updates include a focus on companies across the electricity value chain, such as regulated electric utilities, independent power producers, natural gas and midstream infrastructure, LNG-related assets, and manufacturers of electrical equipment and connectivity components, as described by the adviser.
Investors following TPZ-related news can also see announcements about the merger of three Tortoise closed-end funds into an actively managed ETF with TPZ as the surviving strategy. In addition, recurring Section 19(a) notices provide details on the estimated sources of TPZ’s distributions, including net investment income and return of capital, and explain how these distributions relate to the fund’s total-return orientation.
Because Tortoise Capital is active in index design and energy infrastructure research, TPZ news may appear alongside updates on Tortoise indices that track energy, pipelines, decarbonization infrastructure, and related segments. Monitoring this news stream can help readers understand how TPZ’s manager is positioning the fund within the evolving electrification and energy infrastructure landscape, as well as how changes in policy, structure, and distributions may affect the ETF’s profile over time.
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This press release informs stockholders of Tortoise Pipeline & Energy Fund (TTP) and Tortoise Power and Energy Infrastructure Fund (TPZ) about their distributions paid on February 28, 2022. TTP pays a total distribution of $0.5900 per share, with 21% from net investment income and 79% as a return of capital. TPZ pays a total distribution of $0.1050 per share, with 28% from net investment income and 72% as a return of capital. Cumulative total returns for the fiscal year were 12.02% for TTP and 5.98% for TPZ. Distributions may not reflect the funds' investment performance.
The Tortoise Power and Energy Infrastructure Fund (TPZ) announced a current distribution of $0.0600 per common share, payable on January 31, 2022. The cumulative distribution for the fiscal year to date is $0.1200 per common share. The distribution consists of 33% net investment income and 67% return of capital. TPZ cautions that portions of distributions may be returns of capital and do not reflect investment performance. The fund's average annual return over five years is -1.75%, while the annualized current distribution rate is 4.68% of NAV.
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The press release from Tortoise Power and Energy Infrastructure Fund (NYSE: TPZ) announces a distribution of $0.0600 per common share, payable on
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This notice informs stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) about distributions paid on
Tortoise Power and Energy Infrastructure Fund (NYSE:TPZ) announced a distribution of $0.0600 per common share, payable on October 29, 2021. The cumulative distribution for the fiscal year to date is reported at $0.5800. The distribution breakdown includes 37% from net investment income, 0% from short-term capital gains, 11% from long-term capital gains, and 52% as a return of capital. The average annual total return over the past five years is -1.10%. The report emphasizes that a portion of the distributions may be a return of capital and not indicative of performance.
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The Tortoise Power and Energy Infrastructure Fund (NYSE: TPZ) announced a distribution of $0.0600 per common share payable on September 30, 2021. This total includes $0.0221 from net investment income (37%), $0.0000 from net realized short-term capital gains (0%), $0.0067 from net realized long-term capital gains (11%), and a significant return of capital of $0.0312 (52%). The cumulative distribution for the fiscal year to date is $0.5200, which includes a 4.68% annualized current distribution rate based on NAV as of August 31, 2021.