Tortoise Power & Energy Infrastructure FundTPZ
About: Tortoise Power & Energy Infra Fd Inc is a closed-ended fund. Its primary investment objective is to provide a high level of current income. Its secondary objective is capital appreciation. The company invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
66% more capital invested
Capital invested by funds: $29.2M [Q2] → $48.5M (+$19.3M) [Q3]
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
14.03% more ownership
Funds ownership: 31.42% [Q2] → 45.45% (+14.03%) [Q3]
6% more funds holding
Funds holding: 34 [Q2] → 36 (+2) [Q3]
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Research analyst outlook
We haven’t received any recent analyst ratings for TPZ.
Financial journalist opinion
Based on 3 articles about TPZ published over the past 30 days