Tortoise Capital Advisors Announces Distribution Dates And Amounts For Closed-End Funds
Certain closed-end funds managed by Tortoise Capital Advisors declared the following distributions today.
% Change from Prior Distribution
% Change from Prior Year
|Tortoise Energy Infrastructure Corp.||TYG||$0.5625||0.4%||1.8%|
|Tortoise Energy Capital Corp.||TYY||$0.4150||0.6%||2.5%|
|Tortoise North American Energy Corp.||TYN||$0.3900||0.6%||2.6%|
|Tortoise MLP Fund, Inc.||NTG||$0.4150||0.6%||1.2%|
|Tortoise Pipeline & Energy Fund, Inc.||TTP||$0.4075||0.3%||N/A|
The TYG, TYY, TYN, NTG and TTP quarterly distributions will be paid on Sept. 4, 2012 to stockholders of record on Aug. 24, 2012. For tax purposes, the ultimate characterization of distributions will be made after the determination of earnings and profits after year-end. For book purposes, the source of distributions for TYG, TYY, TYN and NTG is estimated to be 100 percent return of capital; the source of distribution for TTP is estimated to be approximately 60-70 percent ordinary income with the remainder return of capital.
Tortoise Power and EnergyInfrastructure Fund, Inc.
The TPZ monthly distributions will be paid on Sept. 28, 2012, Oct. 31, 2012 and Nov. 30, 2012 to stockholders of record on the respective dates of Sept. 24, 2012, Oct. 24, 2012 and Nov. 23, 2012. TPZ will report the sources for these monthly distributions at the time of payment in the applicable Section 19(a) Notice.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts