Tortoise Closed-End Funds

Tortoise
Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ)



TPZ Distribution History
See complete history
Declared Ex-date Record
date
Payment
date
Amount Market
price
NAV DRIP1
05/08/2017 08/22/2017 08/24/2017 08/31/2017 0.1250      
05/08/2017 07/20/2017 07/24/2017 07/31/2017 0.1250      
05/08/2017 06/21/2017 06/23/2017 06/30/2017 0.1250 21.00 22.91 20.76
02/10/2017 05/22/2017 05/24/2017 05/31/2017 0.1250 21.84 23.22 22.29
02/10/2017 04/19/2017 04/21/2017 04/28/2017 0.1250 22.36 24.33 22.25
02/10/2017 03/22/2017 03/24/2017 03/31/2017 0.1250 21.99 24.55 22.22
11/07/2016 02/16/2017 02/21/2017 02/28/2017 0.1250 22.56 24.68 22.67
11/07/2016 01/20/2017 01/24/2017 01/31/2017 0.1250 22.97 24.60 23.13
11/07/2016 12/21/2016 12/23/2016 12/30/2016 0.1250 22.17 24.56 22.49
Fiscal Year 2017 Total:    $0.8800  
08/08/2016 11/21/2016 11/23/2016 11/30/2016 0.1250 21.43 23.89 21.57
08/08/2016 10/20/2016 10/24/2016 10/31/2016 0.1250 20.79 23.32 20.72
08/08/2016 09/21/2016 09/23/2016 09/30/2016 0.1250 22.35 24.07 21.90
05/10/2016 08/22/2016 08/24/2016 08/31/2016 0.1250 21.57 23.25 21.76
05/10/2016 07/20/2016 07/22/2016 07/29/2016 0.1250 20.10 22.74 20.17
05/10/2016 06/21/2016 06/23/2016 06/30/2016 0.1250 19.55 22.63 19.61
02/09/2016 05/20/2016 05/24/2016 05/31/2016 0.1250 18.86 21.78 19.26
02/09/2016 04/20/2016 04/22/2016 04/29/2016 0.1250 18.98 21.18 18.74
02/09/2016 03/22/2016 03/24/2016 03/31/2016 0.1250 17.39 19.16 16.93
11/09/2015 02/18/2016 02/22/2016 02/29/2016 0.1375 15.17 17.34 15.94
11/09/2015 01/20/2016 01/22/2016 01/29/2016 0.1375 15.31 17.44 14.98
11/09/2015 12/22/2015 12/24/2015 12/31/2015 0.1375 16.78 19.37 16.43
Fiscal Year 2016 Total:    $1.5375  
08/12/2015 11/19/2015 11/23/2015 11/30/2015 0.1375 18.53 21.23 16.77
08/12/2015 10/21/2015 10/23/2015 10/30/2015 0.1375 20.50 22.87 20.19
08/12/2015 09/21/2015 09/23/2015 09/30/2015 0.1375 18.79 21.87 20.29
05/11/2015 08/20/2015 08/24/2015 08/31/2015 0.1375 21.37 24.62 21.15
05/11/2015 07/22/2015 07/24/2015 07/31/2015 0.1375 23.98 26.50 23.33
05/11/2015 06/19/2015 06/23/2015 06/30/2015 0.1375 23.45 27.60 23.73
02/09/2015 05/20/2015 05/22/2015 05/29/2015 0.1375 26.80 29.23 26.51
02/09/2015 04/21/2015 04/23/2015 04/30/2015 0.1375 28.22 29.55 28.01
02/09/2015 03/20/2015 03/24/2015 03/31/2015 0.1375 26.42 28.86 26.62
11/10/2014 02/18/2015 02/20/2015 02/27/2015 0.1250 26.40 29.15 26.81
11/10/2014 01/21/2015 01/23/2015 01/30/2015 0.1250 25.59 28.67 26.49
11/10/2014 12/22/2014 12/24/2014 12/31/2014 0.1250 25.76 28.98 25.31
12/10/2014 Special Distribution 12/22/2014 12/24/2014 12/31/2014 1.250 25.76 28.98 25.31
Fiscal Year 2015 Total: $2.8625  
08/08/2014 11/19/2014 11/21/2014 11/28/2014 0.125 26.90 31.08 27.25
08/08/2014 10/22/2014 10/24/2014 10/31/2014 0.125 28.06 31.23 27.53
08/08/2014 09/19/2014 09/23/2014 09/30/2014 0.125 28.09 31.89 28.12
05/12/2014 08/20/2014 08/22/2014 08/29/2014 0.125 29.62 32.52 29.17
05/12/2014 07/22/2014 07/24/2014 07/31/2014 0.125 28.25 30.83 28.21
05/12/2014 06/19/2014 06/23/2014 06/30/2014 0.125 28.50 31.49 28.30
02/10/2014 05/20/2014 05/22/2014 05/30/2014 0.125 27.44 29.98 27.62
02/10/2014 04/21/2014 04/23/2014 04/30/2014 0.125 27.12 29.34 26.82
02/10/2014 03/20/2014 03/24/2014 03/31/2014 0.125 25.40 28.79 25.33
11/11/2013 02/19/2014 02/21/2014 02/28/2014 0.125 25.47 28.43 25.42
11/11/2013 01/22/2014 01/24/2014 01/31/2014 0.125 25.17 28.47 25.27
11/11/2013 12/20/2013 12/24/2013 12/31/2013 0.125 25.69 28.32 25.13
Fiscal Year 2014 Total: $1.500  
08/08/2013 11/20/2013 11/22/2013 11/29/2013 0.125 24.74 28.12 24.64
08/08/2013 10/22/2013 10/24/2013 10/31/2013 0.125 24.91 28.01 24.69
08/08/2013 09/19/2013 09/23/2013 09/30/2013 0.125 24.64 27.68 24.58
05/06/2013 08/21/2013 08/23/2013 08/30/2013 0.125 25.52 27.78 25.39
05/06/2013 07/22/2013 07/24/2013 07/31/2013 0.125 26.04 28.29 26.17
05/06/2013 06/19/2013 06/21/2013 06/28/2013 0.125 25.47 28.11 25.40
02/11/2013 05/21/2013 05/23/2013 05/31/2013 0.125 26.65 28.10 26.64
02/11/2013 04/19/2013 04/23/2013 04/30/2013 0.125 26.58 28.61 26.44
02/11/2013 03/19/2013 03/21/2013 03/28/2013 0.125 26.53 28.55 26.61
11/12/2012 02/19/2013 02/21/2013 02/28/2013 0.125 26.35 27.70 26.35
11/12/2012 01/22/2013 01/24/2013 01/31/2013 0.125 26.80 27.80 26.50
11/12/2012 12/19/2012 12/21/2012 12/31/2012 0.125 25.18 26.36 26.13
Fiscal Year 2013 Total: $1.500  
08/06/2012 11/20/2012 11/23/2012 11/30/2012 0.125 25.26 26.76 24.95
08/06/2012 10/22/2012 10/24/2012 10/31/2012 0.125 25.57 26.89 25.35
08/06/2012 09/20/2012 09/24/2012 09/28/2012 0.125 25.79 26.94 25.81
05/07/2012 08/22/2012 08/24/2012 08/31/2012 0.125 25.57 26.50 25.81
05/07/2012 07/20/2012 07/24/2012 07/31/2012 0.125 25.62 26.41 25.59
05/07/2012 06/20/2012 06/22/2012 06/29/2012 0.125 24.90 25.62 24.86
02/06/2012 05/21/2012 05/23/2012 05/31/2012 0.125 24.02 25.30 23.77
02/06/2012 04/19/2012 04/23/2012 04/30/2012 0.125 25.15 26.41 25.04
02/06/2012 03/21/2012 03/23/2012 03/30/2012 0.125 25.39 25.98 25.47
11/07/2011 02/17/2012 02/22/2012 02/29/2012 0.125 25.87 26.69 26.10
11/07/2011 01/20/2012 01/24/2012 01/31/2012 0.125 25.71 26.29 25.79
11/07/2011 12/21/2011 12/23/2011 12/30/2011 0.125 24.99 26.25 25.35
Fiscal Year 2012 Total: $1.500  
08/08/2011 11/18/2011 11/22/2011 11/30/2011 0.125 24.18 25.37 24.39
08/08/2011 10/20/2011 10/24/2011 10/31/2011 0.125 24.10 25.34 24.27
08/08/2011 09/21/2011 09/23/2011 09/30/2011 0.125 22.40 23.83 22.00
05/09/2011 08/22/2011 08/24/2011 08/31/2011 0.125 24.41 24.45 24.45
05/09/2011 07/20/2011 07/22/2011 07/29/2011 0.125 23.78 25.02 23.38
05/09/2011 06/21/2011 06/23/2011 06/30/2011 0.125 24.84 25.34 24.96
02/08/2011 05/20/2011 05/24/2011 05/31/2011 0.125 25.22 25.47 24.88
02/08/2011 04/19/2011 04/21/2011 04/29/2011 0.125 25.54 26.11 25.24
02/08/2011 03/22/2011 03/24/2011 03/31/2011 0.125 25.67 25.40 25.40
11/08/2010 02/16/2011 02/18/2011 02/28/2011 0.125 24.86 25.75 25.26
11/08/2010 01/20/2011 01/24/2011 01/31/2011 0.125 24.01 25.03 24.21
11/08/2010 12/21/2010 12/23/2010 12/31/2010 0.125 24.49 24.74 24.71
Fiscal Year 2011 Total: $1.500  
08/09/2010 11/18/2010 11/22/2010 11/30/2010 0.125 23.06 24.47 23.71
08/09/2010 10/20/2010 10/22/2010 10/29/2010 0.125 23.37 24.36 23.95
08/09/2010 09/21/2010 09/23/2010 09/30/2010 0.125 22.65 23.70 23.32
05/10/2010 08/19/2010 08/23/2010 08/31/2010 0.125 22.38 22.96 22.54
05/10/2010 07/20/2010 07/22/2010 07/30/2010 0.125 21.91 23.16 22.28
05/10/2010 06/18/2010 06/22/2010 06/30/2010 0.125 20.18 22.13 20.60
02/08/2010 05/18/2010 05/20/2010 05/28/2010 0.125 21.05 21.55 21.30
02/08/2010 04/20/2010 04/22/2010 04/30/2010 0.125 21.75 22.67 21.34
02/08/2010 03/18/2010 03/22/2010 03/31/2010 0.125 21.30 22.29 21.30
11/09/2009 02/16/2010 02/18/2010 02/26/2010 0.125 20.20 21.96 20.20
11/09/2009 01/20/2010 01/22/2010 01/29/2010 0.125 19.90 21.73 19.90
11/09/2009 12/18/2009 12/22/2009 12/31/2009 0.125 20.27 21.57 20.27
Fiscal Year 2010 Total: $1.500  
09/14/2009 11/19/2009 11/23/2009 11/30/2009 0.125 19.18 20.55 19.18
09/14/2009 10/20/2009 10/22/2009 10/30/2009 0.125 18.66 19.87 18.66
09/14/2009 09/22/2009 09/24/2009 09/30/2009 0.125 18.45 19.51 18.45
Fiscal Year 2009 Total: $0.375  

 

1Price of shares issued pursuant to company-sponsored dividend reimbursement plan. Amounts are rounded to the nearest whole cent.

Distribution Policy: Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ), with approval of its Board of Directors (the Board), has adopted a distribution policy (the Policy) with the purpose of distributing over the course of each year, through periodic distributions as nearly equal as practicable and any required special distributions, an amount closely approximating the total taxable income of TPZ during such year and, if so determined by the Board, all or a portion of the return of capital paid by portfolio companies to TPZ during such year. In accordance with its Policy, TPZ distributes a fixed amount per common share, currently $0.125, each month to its common shareholders. This amount is subject to change from time to time at the discretion of the Board. Although the level of distributions is independent of TPZ's performance, TPZ expects such distributions to correlate with its performance over time. Each monthly distribution to shareholders is expected to be at the fixed amount established by the Board, except for extraordinary distributions in light of TPZ's performance for the entire calendar year and to enable TPZ to comply with the distribution requirements imposed by the Internal Revenue Code. The Board may amend, suspend or terminate the Policy without prior notice to shareholders if it deems such action to be in the best interests of TPZ and its shareholders. For example, the Board might take such action if the Policy had the effect of shrinking TPZ's assets to a level that was determined to be detrimental to TPZ shareholders. The suspension or termination of the Policy could have the effect of creating a trading discount (if TPZ's stock is trading at or above net asset value), widening an existing trading discount or decreasing an existing premium.

You should not draw any conclusions about TPZ's investment performance from the amount of the distribution or from the terms of TPZ's distribution policy. TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income." The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. TPZ will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

2016 distributions to common stockholders were approximately 79% ordinary income, 11% qualified dividend income and 9% long-term capital gain. Tax characterization of 2017 distributions will be determined after the completion of TPZ's fiscal year. For more details, see TPZ's complete distribution and tax information here.