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|
% 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.
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