Tortoise Pipeline & Energy Fund

Tortoise Pipeline & Energy Fund, Inc. operates as a non-diversified, closed-end management investment company. It invests in equity securities of pipeline companies that transport natural gas, natural gas liquids, crude oil, and refined products, as well as energy infrastructure companies. The company was founded on July 19, 2011 and is headquartered in Leawood, KS.

Tortoise Pipeline & Energy Fund, Inc. operates as a non-diversified, closed-end management investment company. It invests in equity securities of pipeline companies that transport natural gas, natural gas liquids, crude oil, and refined products, as well as energy infrastructure companies. The company was founded on July 19, 2011 and is headquartered in Overland Park, KS.

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Energy Infrastructure

OVERLAND PARK, KS / ACCESSWIRE / September 1, 2023 / 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 August 31, 2023, the company's unaudited total assets were approximately $527.1 million and its unaudited net asset value was $403.5 million, or $35.61 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 31, 2023, for TYG, NTG, TTP, NDP and TPZ.

Revised from August 11, 2023 release to include Important Notice 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 / August 16, 2023 / Tortoise and the Board of its closed-end funds previously announced its approval of conditional tender offers as part of the discount management program. A Fund would conduct a tender for 5% of the Fund's outstanding shares of common stock at a price equal to 98% of net asset value (NAV) if its shares trade at an average discount to NAV of more than 10% during either of the designated measurement periods in 2022 and 2023.

Revised: Tortoise Announces Tender Offers for its Closed-End Funds

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2023 / 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, 2023, the company's unaudited total assets were approximately $544.9 million and its unaudited net asset value was $422.8 million, or $37.31 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2023, for TYG, NTG, TTP, NDP and TPZ

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 28, 2023 / TortoiseEcofin today announced the release of the combined 2023 semi-annual stockholders' report including all of these funds. The semi-annual report is available online at cef.tortoiseecofin.com.

TortoiseEcofin Releases Combined 2023 Closed-End Fund Semi-Annual Report

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Royce Global Value

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Tortoise Essential Assets Income Term Fund

18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heating up.

Weekly Closed-End Fund Roundup: Saba Continues CEF Battles (July 2, 2023)

OVERLAND PARK, KS / ACCESSWIRE / July 3, 2023 / 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 June 30, 2023, the company's unaudited total assets were approximately $531.0 million and its unaudited net asset value was $405.4 million, or $35.78 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / June 1, 2023 / 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 May 31, 2023, the company's unaudited total assets were approximately $501.4 million and its unaudited net asset value was $379.5 million, or $33.49 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / May 1, 2023 / 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 April 28, 2023, the company's unaudited total assets were approximately $547.5 million and its unaudited net asset value was $421.4 million, or $37.18 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 28, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / April 3, 2023 / 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 March 31, 2023, the company's unaudited total assets were approximately $560.4 million and its unaudited net asset value was $415.8 million, or $36.70 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2023, for TYG, NTG, TTP, NDP and TPZ

Distribution Amounts and Dates Declared for: 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 / February 9, 2023 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Independence Fund, Inc. (NDP) increased its distribution from $0.56 to $0.63, an increase of 12.5%.

Tortoise Announces Distribution Amounts for Its Closed-End Funds, Including a 12.5% Increase for NDP

OVERLAND PARK, KS / ACCESSWIRE / February 7, 2023 / Tortoise today announced the tax characterization of 2022 distributions paid to common stockholders of each of the following funds: 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) 2022 Tax Characterization of Distributions TYG NTG TTP NDP TPZ Qualified Dividend Income 100% 100% 21% 40% 11% Ordinary Dividend Income 0% 0% 0% 0% 17% Return of Capital 0% 0% 79% 60% 72% Long-Term Capital Gain 0% 0% 0% 0% 0% Additional information regarding the tax characterization of the 2022 distributions is available at www.TortoiseEcofin.com. A copy of the information is also available upon request by calling (866) 362-9331.

Tortoise Announces 2022 Closed-End Fund Tax Characterization of Distributions and Release of Annual Report

Pipeline companies and MLPs are very good investments for income investors. These companies are very recession-resistant, pay out high yields, and have forward growth potential.

TTP: A Lot To Like With This 8.12%-Yielding MLP CEF

OVERLAND PARK, KS / ACCESSWIRE / January 3, 2023 / 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 December 30, 2022, the company's unaudited total assets were approximately $580.2 million and its unaudited net asset value was $445.1 million, or $39.28 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 30, 2022 for TYG, NTG, TTP, NDP and TPZ

NEW YORK--( BUSINESS WIRE )--KBRA assigns ratings of ‘AAA' for the Senior Notes (the “Notes”) and ‘A+' for the Mandatory Redeemable Preferred Shares (“MRPS”) issued by Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) (“TTP” or the “Fund”). Additionally, KBRA assigns a ‘Stable' Outlook to the Notes and MRPS.

KBRA Assigns Ratings to Senior Notes and Mandatory Redeemable Preferred Shares Issued by Tortoise Pipeline & Energy Fund, Inc. (TTP)

The TTP fund invests in pipelines and other energy infrastructure companies. It has an attractive 8.5% current distribution yield.

Tortoise Pipeline & Energy Fund: Better Choices Elsewhere

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12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

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 / November 2, 2022 / Tortoise announced today the preliminary results of cash tender offers for each of the following Funds that expired at 5:00 P.M., Eastern Time on November 1, 2022.The table below shows the preliminary results for each Fund.

Tortoise Announces Preliminary Results of Tender Offers for its Closed-End Funds

OVERLAND PARK, KS / ACCESSWIRE / November 1, 2022 / 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 October 31, 2022, the company's unaudited total assets were approximately $605.5 million and its unaudited net asset value was $470.5 million, or $39.44 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2022 for TYG, NTG, TTP, NDP and TPZ

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16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

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Virtus Stone Harbor Emerging Markets Income Fund 

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

OVERLAND PARK, KS / ACCESSWIRE / October 3, 2022 / 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 September 30, 2022, the company's unaudited total assets were approximately $564.4 million and its unaudited net asset value was $421.5 million, or $35.34 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2022 for TYG, NTG, TTP, NDP and TPZ

TTP offers a 9.4% yield and trades at a -14% discount to NAV. The upcoming tender offer should help to close the discount and improve the market price of the fund.

TTP: An Updated Look At This High Yield Pipeline And MLP Fund

Distribution Amounts and Dates Declared for: 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 / August 9, 2022 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Independence Fund, Inc. (NDP) will increase its quarterly distribution by 16.7%.

Tortoise Announces Distribution Amounts for its Closed-End Funds with Increase for NDP

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2022 / 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 29, 2022, the company's unaudited total assets were approximately $630.3 million and its unaudited net asset value was $486.2 million, or $40.76 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 29, 2022 for TYG, NTG, TTP, NDP and TPZ

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, 2022 / TortoiseEcofin today announced the release of the combined 2022 semi-annual stockholders' report including all of these funds. The semi-annual report is available online at cef.tortoiseecofin.com.

News for Tortoise Pipeline & Energy Fund ETF (TTP)