Tortoise Power and Energy Infrastructure Fund, Inc. (TPZ) declares monthly distribution

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OVERLAND PARK, Kan., December 09, 2021– (BUSINESS WIRE) – Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today declared the December monthly distribution of $ 0.06 per share payable on December 31, 2021, to shareholders of record on December 24, December 2021.

You should not draw any conclusions about the performance of TPZ’s investments from the amount of this distribution or the terms of TPZ’s distribution policy.

TPZ considers that it has distributed more than its income and net realized capital gains; therefore, part of the distribution may be a return of capital. A return of capital can occur, for example, when all or part of the money you have invested in TPZ is returned to you. A return of capital distribution does not necessarily reflect TPZ’s investment performance and should not be confused with “return” or “income”.

TPZ will declare the sources of its distributions at the time of payment in the applicable Section 19 (a) Notice. The amounts and distribution sources for TPZ reports are estimates only and are not provided for tax reporting purposes. The actual amounts and sources of amounts for tax reporting purposes will depend on TPZ’s investment experience during the remainder of its fiscal year and may be subject to change depending 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, LLC is the advisor to Tortoise Power and Energy Infrastructure Fund, Inc.

For more information on this fund, please visit cef.tortoseecofin.com.

About the turtle

Tortoise focuses on energy and electrical infrastructure and the transition to cleaner energy. Tortoise’s strong track record of energy value chain investment experience and research dates back over 20 years. As one of the early investors in mid-level energy, Tortoise believes it is well positioned to be at the forefront of the ongoing global energy evolution. With a consistent winning approach and a long-term perspective, Tortoise strives to have a positive impact on customers and communities. To learn more, visit www.TortueEcofin.com.

Caution regarding forward-looking statements

This press release contains certain statements which 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 fact historical statements included in this document are “forward-looking statements”. Although the fund and Tortoise Capital Advisors believe that the expectations reflected in these forward-looking statements are reasonable, they involve assumptions, risks and uncertainties, and these expectations may prove to be inaccurate. Actual results could differ materially from those anticipated in these forward-looking statements due to various factors, including those discussed in the fund’s reports which 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. Except as required by law, the Fund and Tortoise Capital Advisors assume no obligation to update this forward-looking statement.

Safe Harbor Declaration

This press release does not constitute an offer to sell or a solicitation to buy, and there will be no sale of such securities in any state or jurisdiction in which such an offer or solicitation or sale would be illegal prior to registration. or qualification under the laws of that state or jurisdiction.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211209006081/en/

Contacts

For more information, contact Maggie Zastrow at (913) 981-1020 or info@tortoiseecofin.com.


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