This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) with information regarding the distribution paid on March 28, 2013 and cumulative distributions paid fiscal year-to-date.

The following table sets forth the estimated amounts of the current distribution, payable March 28, 2013, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions



($) CurrentDistribution


% Breakdownof the CurrentDistribution


($) Total CumulativeDistributions for theFiscal Year to Date


% Breakdown of theTotal CumulativeDistributions for theFiscal Year to Date

Net Investment Income 0.062 50% 0.244 49%
Net Realized Short-Term Capital Gains 0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains 0.000 0% 0.025 5%
Return of Capital 0.063 50% 0.231 46%
Total (per common share)   0.125   100%   0.500   100%
Average annual total return (in relation to NAV) from commencement of operations through 2/28/2013 16.53%
Annualized current distribution rate expressed as a percentage of NAV as of 2/28/2013 5.42%
Cumulative total return (in relation to NAV) for the fiscal year through 2/28/2013 4.99%
Cumulative fiscal year distributions as a percentage of NAV as of 2/28/2013 1.81%

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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,130.02 +49.88 0.28%
S&P 500 2,121.67 +3.98 0.19%
NASDAQ 5,102.6690 +10.5840 0.21%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs