|(in Millions)||Per Share|
|Investments||$ 303.0||$ 30.25|
|Cash and Cash Equivalents||0.3||0.03|
|Credit Facility Borrowings||16.6||1.66|
|Net Assets||$234.5||$ 23.42|
Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) today announced that as of Nov. 30, 2016, the company's unaudited total assets were approximately $304.0 million and its unaudited net asset value was $234.5 million, or $23.42 per share. As of Nov. 30, 2016, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 595 percent, and its coverage ratio for preferred shares was 452 percent. For more information on calculation of coverage ratios, please refer to the company's most recent applicable prospectus. Set forth below is a summary of the company's unaudited preliminary balance sheet at Nov. 30, 2016 and a summary of its top 10 holdings. Unaudited balance sheet
10.02 million common shares currently outstanding.