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:
Fund   Ticker  

Distribution Amount

% 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.
Fund   Ticker  

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.

If you liked this article you might like

Four Energy Stocks for Your Portfolio

Power Your Portfolio With These Four Energy Stocks

4 Closed-End Funds Trading at a Discount

Four Killer Closed-End Funds to Add to Your Portfolio

Tomorrow's Ex-Dividends To Watch: PFD, NDP, ETV