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Tortoise Power and Energy Infrastructure Fund, Inc. Announces Initial Distributions for Fourth Fiscal Quarter.

Publication: Investment Weekly News
Publication Date: 03-OCT-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Tortoise Power and Energy Infrastructure Fund, Inc. Announces Initial Distributions for Fourth Fiscal Quarter.(Financial report)

Article Excerpt
Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared its initial monthly distributions for the fourth fiscal quarter of $0.1250 per month payable as set forth below. Based on TPZ's offering price of $20.00 per share, the annualized distribution rate is 7.5 percent.

The Fund invests in a portfolio of fixed income and equity securities issued by power and energy...

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