Today, Tortoise Capital Advisors began the holiday week by merging three closed-end funds into a singular active ETF. The three closed-end funds that were merged are the Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ), Tortoise Pipeline & Energy Fund, Inc. (TTP), and Tortoise Energy Independence Fund, Inc. (NDP).
OVERLAND PARK, KS / ACCESSWIRE / December 13, 2024 / This required notice under Section 19(a) of the Investment Company Act of 1940 provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) with information regarding the sources of the distributions paid on Dec 13, 2024, and cumulative distributions paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distributions, payable Dec. 13, 2024, and the cumulative distributions 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.
OVERLAND PARK, KS / ACCESSWIRE / November 29, 2024 / This required notice under Section 19(a) of the Investment Company Act of 1940 provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the sources of the distributions paid on Nov. 29, 2024, and cumulative distributions paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distributions, payable Nov. 29, 2024, and the cumulative distributions 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.
On September 30, 2024, SIT Investment Associates Inc made a significant addition to its investment portfolio by acquiring 116,893 shares of Tortoise Pipeline & Energy Fund Inc (TTP, Financial). This transaction not only reflects the firm's strategic investment approach but also underscores its confidence in the energy sector.
OVERLAND PARK, KS / ACCESSWIRE / August 30, 2024 / This required notice under Section 19(a) of the Investment Company Act of 1940 provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the sources of the distributions paid on Aug. 30, 2024, and cumulative distributions paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distributions, payable Aug. 30, 2024, and the cumulative distributions 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.