OVERLAND PARK, KS / ACCESSWIRE / October 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the October monthly distribution of $0.105 per share payable on Oct. 31, 2024, to shareholders of record on Oct. 24, 2024. 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.
OVERLAND PARK, KS / ACCESSWIRE / September 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the September monthly distribution of $0.105 per share payable on Sept. 30, 2024, to shareholders of record on Sept.
The Tortoise Power and Energy Infrastructure Fund outperformed the S&P 500 Index by quite a lot over the past three months. The fund invests in both fixed-income securities and equity securities, providing some protection against inflation, which may be helpful going forward. The fund's recent portfolio changes look like smart moves, but the fund does not appear to have much utility exposure at the moment.
OVERLAND PARK, KS / ACCESSWIRE / July 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the July monthly distribution of $0.105 per share payable on July 31, 2024, to shareholders of record on July 24, 2024. 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.
LEAWOOD, KS / ACCESSWIRE / June 28, 2024 / This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the distribution paid on June 28, 2024, and cumulative distribution paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distribution, paid on June 28, 2024, and the cumulative distribution 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.
Tortoise (NYSE:TPZ) today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the second quarter of 2024. Following the close of trading on Friday, June 21, 2024, the indices will be rebalanced according to their stated methodologies and as a result, the following changes will become effective.
OVERLAND PARK, KS / ACCESSWIRE / June 7, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the June monthly distribution of $0.105 per share payable on June 28, 2024, to shareholders of record on June 21, 2024. 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.
Tortoise Power and Energy Infrastructure Fund offers investors a high level of income without sacrificing capital gains potential. The TPZ fund has a yield of 7.97%, higher than major equity indices such as the S&P 500 and Dow Jones Industrial Average. It also compares well with its peers. Over the past three years, investors in the fund have realized a total return of 75.99%, outperforming the S&P 500 Index.