TPZ

Tortoise Power & Energy Infrastructure Fund
TPZ

$18.23

0.27%

Market Cap: $107M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 34 [Q1] → 34 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

12.14% less ownership

Funds ownership: 43.02% [Q1] → 30.88% (-12.14%) [Q2]

25% less capital invested

Capital invested by funds: $38.4M [Q1] → $28.7M (-$9.67M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for TPZ.

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Financial journalist opinion

Based on 3 articles about TPZ published over the past 30 days

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

OVERLAND PARK, KS / ACCESSWIRE / September 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the September monthly distribution of $0.105 per share payable on Sept. 30, 2024, to shareholders of record on Sept.

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / September 3, 2024 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Aug. 30, 2024, the company's unaudited total assets were approximately $583.9 million and its unaudited net asset value was $460.9 million, or $42.82 per share.

Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ

Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice

OVERLAND PARK, KS / ACCESSWIRE / August 30, 2024 / This required notice under Section 19(a) of the Investment Company Act of 1940 provides stockholders of Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) and Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the sources of the distributions paid on Aug. 30, 2024, and cumulative distributions paid fiscal year-to-date. The following table sets forth the estimated amounts of the current distributions, payable Aug. 30, 2024, and the cumulative distributions 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.

Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice

TPZ: More Consolidation In The MLP CEF Space

MLP CEFs experienced significant drawdowns during the Covid crisis, leading to wide discounts to NAV.

TPZ: More Consolidation In The MLP CEF Space

TPZ: This 7.33%-Yielding Fund Still Looks Like A Decent Way To Get Income Today

The Tortoise Power and Energy Infrastructure Fund outperformed the S&P 500 Index by quite a lot over the past three months. The fund invests in both fixed-income securities and equity securities, providing some protection against inflation, which may be helpful going forward. The fund's recent portfolio changes look like smart moves, but the fund does not appear to have much utility exposure at the moment.

TPZ: This 7.33%-Yielding Fund Still Looks Like A Decent Way To Get Income Today

Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF

Actively Managed ETF Aims to Offer Investors Greater Liquidity at Net Asset Value OVERLAND PARK, KS / ACCESSWIRE / August 6, 2024 / Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on traditional energy and power infrastructure investing, today announced its plans to merge three of its closed-end funds into a newly formed actively managed exchange-traded fund (ETF), Tortoise Power and Energy Infrastructure ETF.

Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2024 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 31, 2024, the company's unaudited total assets were approximately $563.0 million and its unaudited net asset value was $450.1 million, or $41.82 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024, for TYG, NTG, TTP, NDP and TPZ

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

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.

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report

Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / July 29, 2024 / Tortoise Capital today announced the release of the combined 2024 semi-annual stockholders' report including all of these funds. The semi-annual report is available online at cef.tortoiseadvisors.com.

Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

OVERLAND PARK, KS / ACCESSWIRE / July 10, 2024 / Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) today declared the July monthly distribution of $0.105 per share payable on July 31, 2024, to shareholders of record on July 24, 2024. 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 policy.

Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) Declares Monthly Distribution

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