Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice
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Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) have issued a Section 19(a) notice to inform stockholders about the sources of their distributions paid on November 29, 2024, and cumulative distributions for the fiscal year. The notice details the estimated amounts from net investment income, net realized short-term and long-term capital gains, and return of capital.
November 29, 2024 | 9:15 pm
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NEUTRAL IMPACT
Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) has issued a Section 19(a) notice detailing the sources of its distributions, including net investment income and capital gains.
The Section 19(a) notice provides transparency on the sources of distributions, which is important for investors to understand the fund's financial health and distribution sustainability. However, it does not indicate any immediate change in financial performance or strategy.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Tortoise Pipeline & Energy Fund, Inc. (TTP) has issued a Section 19(a) notice detailing the sources of its distributions, including net investment income and capital gains.
The Section 19(a) notice provides transparency on the sources of distributions, which is important for investors to understand the fund's financial health and distribution sustainability. However, it does not indicate any immediate change in financial performance or strategy.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80