Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and

LEAWOOD, Kansas / ACCESSWIRE / November 30, 2022 / This release provides shareholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the dividends paid on November 30, 2022 and the cumulative dividends for the fiscal year Available – to date.

The following table shows the estimated amounts of current distributions payable on 30 November 2022 and the cumulative distributions paid year to date from the following sources: net investment income, net realized short term capital gains, net realized long term capital gains and investment return. All amounts are expressed per common share.

Tortoise Pipeline & Energy Fund, Inc.

Estimated sources of payouts

($) current distribution

% breakdown of electricity distribution

($) Accumulated total payouts for the Previous financial year

% Breakdown of Total Cumulative Distributions for the Previous financial year

net investment
income

0.0000

0%

0.0994

4%

Net realized short-term capital gains

0.0000

0%

0.0080

0%

Realized long-term net capital gains

0.5900

100%

0.7826

33%

return from
capital city

0.0000

0%

1.4700

63%

In total
(per common share)

0.5900

100%

2.3600

100%

Average annual total return (relative to NAV) for the 5 years ended 10/31/2022 -8.45%
Annualized current payout rate expressed as a percentage of NAV as of 10/31/2022 7.07%
Cumulative total return (relative to NAV) for the financial year ended 10/31/2022 26.80%
Cumulative fiscal year distributions as a percentage of NAV as of October 31, 2022 7.07%

Tortoise Power and Energy Infrastructure Fund, Inc.

Estimated sources of payouts

($) current distribution

% breakdown of electricity distribution

($) Accumulated total payouts for the Previous financial year

% Breakdown of Total Cumulative Distributions for the Previous financial year

net investment
income

0.0211

20%

0.2554

22%

Network…

source_link https://www.digitaljournal.com/pr/tortoise-pipeline-energy-fund-inc-and-tortoise-power-and-energy-infrastructure-fund-inc-provide-section-19a-notice-3