LEAWOOD, Kansas / ACCESSWIRE / November 30, 2022 / This release provides shareholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the dividends paid on November 30, 2022 and the cumulative dividends for the fiscal year Available – to date.
The following table shows the estimated amounts of current distributions payable on 30 November 2022 and the cumulative distributions paid year to date from the following sources: net investment income, net realized short term capital gains, net realized long term capital gains and investment return. All amounts are expressed per common share.
Tortoise Pipeline & Energy Fund, Inc.
|
Estimated sources of payouts |
||||
|
($) current distribution |
% breakdown of electricity distribution |
($) Accumulated total payouts for the Previous financial year |
% Breakdown of Total Cumulative Distributions for the Previous financial year |
|
| net investment income |
0.0000 |
0% |
0.0994 |
4% |
| Net realized short-term capital gains |
0.0000 |
0% |
0.0080 |
0% |
| Realized long-term net capital gains |
0.5900 |
100% |
0.7826 |
33% |
| return from capital city |
0.0000 |
0% |
1.4700 |
63% |
| In total (per common share) |
0.5900 |
100% |
2.3600 |
100% |
| Average annual total return (relative to NAV) for the 5 years ended 10/31/2022 | -8.45% |
| Annualized current payout rate expressed as a percentage of NAV as of 10/31/2022 | 7.07% |
| Cumulative total return (relative to NAV) for the financial year ended 10/31/2022 | 26.80% |
| Cumulative fiscal year distributions as a percentage of NAV as of October 31, 2022 | 7.07% |
Tortoise Power and Energy Infrastructure Fund, Inc.
|
Estimated sources of payouts |
||||
|
($) current distribution |
% breakdown of electricity distribution |
($) Accumulated total payouts for the Previous financial year |
% Breakdown of Total Cumulative Distributions for the Previous financial year |
|
| net investment income |
0.0211 |
20% |
0.2554 |
22% |
| Network… | ||||
source_link https://www.digitaljournal.com/pr/tortoise-pipeline-energy-fund-inc-and-tortoise-power-and-energy-infrastructure-fund-inc-provide-section-19a-notice-3
