Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice
LEAWOOD, KS / ACCESSWIRE / April 30, 2024 / This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the distribution paid on April 30, 2024, and cumulative distribution paid …
LEAWOOD, KS / ACCESSWIRE / April 30, 2024 / This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the distribution paid on April 30, 2024, and cumulative distribution paid fiscal year-to-date.
The following table sets forth the estimated amounts of the current distribution, paid on April 30, 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. All amounts are expressed per common share.
Tortoise Power and Energy Infrastructure Fund, Inc.
Estimated Sources of Distributions | |||||||||||||||||
|
($) Current Distribution | % Breakdown of the Current Distribution | ($) Total Cumulative Distributions for the Fiscal Year to Date | % Breakdown of the Total Cumulative Distributions for the Fiscal Year to Date | |||||||||||||
Net Investment Income
|
0.0196 | 19 | % | 0.0985 | 19 | % | |||||||||||
Net Realized Short-Term Capital Gains
|
0.0000 | 0 | % | 0.0000 | 0 | % | |||||||||||
Net Realized Long-Term Capital Gains
|
0.0000 | 0 | % | 0.0000 | 0 | % | |||||||||||
Return of Capital
|
0.0854 | 81 | % | 0.4265 | 81 | % | |||||||||||
Total (per common share)
|
0.1050 | 100 | % | 0.5250 | 100 | % |
Average annual total return (in relation to NAV) for the 5 years ending on 3/31/2024
|
5.12 | % | ||
Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2024
|
7.13 | % | ||