Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice
Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) has provided a Section 19(a) notice for its distribution paid on July 31, 2024. The current distribution of $0.1050 per share is comprised of 21% net investment income and 79% return of capital. For the fiscal year to date, the total cumulative distribution of $0.8400 per share consists of 24% net investment income and 76% return of capital.
The fund's average annual total return for the 5 years ending June 30, 2024, is 6.17%. The annualized current distribution rate is 6.95% of NAV. TPZ's cumulative total return for the fiscal year through June 30, 2024, is 17.10%, with cumulative fiscal year distributions at 4.64% of NAV.
Investors are cautioned that a portion of the distribution may be a return of capital and should not be confused with yield or income. The actual amounts for tax reporting purposes will be provided in Form 1099-DIV.
Il Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) ha fornito una comunicazione ai sensi della Sezione 19(a) riguardo alla sua distribuzione effettuata il 31 luglio 2024. La distribuzione attuale di $0.1050 per azione è composta dal 21% di reddito netto da investimenti e dal 79% di restituzione di capitale. Per l'anno fiscale fino ad oggi, la distribuzione cumulativa totale di $0.8400 per azione consiste nel 24% di reddito netto da investimenti e nel 76% di restituzione di capitale.
Il ritorno totale medio annuo del fondo per i 5 anni che terminano il 30 giugno 2024 è del 6,17%. Il tasso di distribuzione annualizzato attuale è del 6,95% del NAV. Il ritorno totale cumulativo di TPZ per l'anno fiscale fino al 30 giugno 2024 è del 17,10%, con distribuzioni cumulative dell'anno fiscale al 4,64% del NAV.
Si avverte gli investitori che una parte della distribuzione potrebbe essere una restituzione di capitale e non deve essere confusa con il rendimento o il reddito. Gli importi effettivi per scopi di dichiarazione fiscale saranno forniti nel Modulo 1099-DIV.
El Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) ha proporcionado un aviso de la Sección 19(a) sobre su distribución pagada el 31 de julio de 2024. La distribución actual de $0.1050 por acción se compone del 21% de ingresos netos de inversiones y del 79% de retorno de capital. Hasta la fecha del año fiscal, la distribución acumulativa total de $0.8400 por acción consiste en un 24% de ingresos netos de inversiones y un 76% de retorno de capital.
El retorno total anual promedio del fondo para los 5 años que terminan el 30 de junio de 2024, es del 6.17%. La tasa de distribución anualizada actual es del 6.95% del NAV. El retorno total acumulado de TPZ para el año fiscal hasta el 30 de junio de 2024 es del 17.10%, con distribuciones fiscales acumulativas al 4.64% del NAV.
Se advierte a los inversores que una parte de la distribución puede ser un retorno de capital y no debe confundirse con rendimiento o ingresos. Las cantidades reales para propósitos de informes fiscales se proporcionarán en el Formulario 1099-DIV.
토르투이스 파워 및 에너지 인프라 펀드 주식회사 (NYSE:TPZ)가 2024년 7월 31일에 지급된 배당금에 대한 섹션 19(a) 통지를 제공했습니다. 현재 배당금은 주당 $0.1050이며, 21%의 순투자 수익과 79%의 자본 반환으로 구성되어 있습니다. 현재 회계연도의 총 누적 배당금은 주당 $0.8400으로, 24%의 순투자 수익과 76%의 자본 반환으로 구성되어 있습니다.
펀드의 5년간 평균 연간 총 수익률은 2024년 6월 30일 종료 기준으로 6.17%입니다. 현재 배당금의 연환산율은 NAV의 6.95%입니다. TPZ의 누적 총 수익률은 2024년 6월 30일까지의 회계연도 기준으로 17.10%이며, 회계연도 누적 배당금은 NAV의 4.64%입니다.
투자자들은 배당금의 일부가 자본 반환일 수 있으며, 수익이나 소득과 혼동하지 않아야 한다고 주의해야 합니다. 세금 보고 목적을 위한 실제 금액은 양식 1099-DIV에서 제공됩니다.
Le Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) a fourni un avis en vertu de la Section 19(a) concernant sa distribution effectuée le 31 juillet 2024. La distribution actuelle de $0.1050 par action est composée de 21% de revenus nets d'investissement et de 79% de retour de capital. Pour l'exercice fiscal à ce jour, la distribution cumulative totale de $0.8400 par action se compose de 24% de revenus nets d'investissement et de 76% de retour de capital.
Le rendement total annuel moyen du fonds pour les 5 années se terminant le 30 juin 2024 est de 6,17%. Le taux de distribution annualisé actuel est de 6,95% de la valeur nette d'inventaire (NAV). Le rendement total cumulé de TPZ pour l'exercice fiscal jusqu'au 30 juin 2024 est de 17,10%, avec des distributions cumulées pour l'exercice au taux de 4,64% de la NAV.
Les investisseurs sont avertis qu'une partie de la distribution peut être un retour de capital et ne doit pas être confondue avec un rendement ou un revenu. Les montants réels à des fins de déclaration fiscale seront fournis dans le formulaire 1099-DIV.
Der Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) hat eine Mitteilung gemäß Section 19(a) zu seiner Ausschüttung gegeben, die am 31. Juli 2024 gezahlt wird. Die aktuelle Ausschüttung von 0,1050 $ pro Aktie setzt sich aus 21% Nettokapitalerträgen und 79% Kapitalrückzahlungen zusammen. Für das bisherige Geschäftsjahr beträgt die kumulierte Gesamtausschüttung von 0,8400 $ pro Aktie 24% Nettokapitalerträge und 76% Kapitalrückzahlungen.
Die durchschnittliche jährliche Gesamtrendite des Fonds für die 5 Jahre zum 30. Juni 2024 beträgt 6,17%. Der jährliche aktuelle Ausschüttungszinssatz beträgt 6,95% des NAV. Die kumulative Gesamtrendite von TPZ für das Geschäftsjahr bis zum 30. Juni 2024 beträgt 17,10%, wobei die kumulierten Ausschüttungen für das Geschäftsjahr 4,64% des NAV ausmachen.
Investoren wird geraten, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital sein kann und nicht mit Ertrag oder Einkommen verwechselt werden sollte. Die tatsächlichen Beträge für steuerliche Berichterstattungszwecke werden im Formular 1099-DIV bereitgestellt.
- Average annual total return of 6.17% for the past 5 years
- Cumulative total return of 17.10% for the fiscal year through June 30, 2024
- Annualized current distribution rate of 6.95% of NAV
- 79% of current distribution is return of capital, not income or capital gains
- 76% of fiscal year-to-date distributions are return of capital
- Fund has distributed more than its income and net realized capital gains
LEAWOOD, KS / ACCESSWIRE / July 31, 2024 / This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the distribution paid on July 31, 2024, and cumulative distribution paid fiscal year-to-date.
The following table sets forth the estimated amounts of the current distribution, paid on July 31, 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.
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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 policies.
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.
Tortoise Capital Advisors is the Adviser to the Tortoise Power and Energy Infrastructure Fund, Inc.
For additional information on this fund, please visit cef.tortoiseadvisors.com.
About Tortoise
Tortoise focuses on energy and power infrastructure and the transition to cleaner energy. Tortoise's solid track record of energy value chain investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise believes it is well-positioned to be at the forefront of the global energy evolution that is underway. With a steady wins approach and a long-term perspective, Tortoise strives to make a positive impact on clients and communities. To learn more, visit www.tortoiseadvisors.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and Tortoise Capital Advisors do not assume a duty to update this forward-looking statement.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Contact Information
For more information contact Eva Lipner at (913) 981-1020 or info@tortoiseadvisors.com.
SOURCE: Tortoise
View the original press release on accesswire.com
FAQ
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