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||$0.57250||0.4%||1.8%|
|Tortoise Energy Capital Corp.||TYY||$0.42500||0.6%||2.4%|
|Tortoise North American Energy Corp.||TYN||$0.40000||0.6%||2.6%|
|Tortoise MLP Fund, Inc.||NTG||$0.41875||0.3%||0.9%|
|Tortoise Pipeline & Energy Fund, Inc.||TTP||$0.40750||-||-|
|Tortoise Energy Independence Fund, Inc.||NDP||$0.43750||-||N/A|
The TYG, TYY, TYN, NTG, TTP and NDP distributions will be paid on Sept. 3, 2013 to stockholders of record on Aug. 23, 2013. The ex-dividend date is Aug. 21, 2013. 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 distributions for TTP and NDP is estimated to be approximately 50-70 percent ordinary income, with the remainder return of capital.
Monthly Distribution Amount
|Tortoise Power and Energy Infrastructure Fund, Inc.||
The TPZ monthly distributions will be paid on Sept. 30, 2013, Oct. 31, 2013 and Nov. 29, 2013 to stockholders of record on the respective dates of Sept. 23, 2013, Oct. 24, 2013 and Nov. 22, 2013. The respective ex-dividend dates are Sept. 19, 2013, Oct. 22, 2013 and Nov. 20, 2013. TPZ will report the sources for these monthly distributions at the time of payment in the applicable Section 19(a) Notice.
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