Tortoise Capital Advisors Announces Tax Characterization of 2014 Closed-End Fund Distributions
January 20 2015 - 8:49PM
Business Wire
Tortoise Capital Advisors today announced the tax
characterization of 2014 distributions paid to stockholders of:
Tortoise Energy Infrastructure Corp. (NYSE: TYG)Tortoise MLP
Fund, Inc. (NYSE: NTG)Tortoise Power and Energy Infrastructure
Fund, Inc. (NYSE: TPZ)Tortoise Pipeline & Energy Fund, Inc.
(NYSE: TTP)Tortoise Energy Independence Fund, Inc. (NYSE: NDP)
2014 Tax Characterization
of Distributions
MLP Funds
Broader RICs
TYG
NTG
TPZ
TTP
NDP
Qualified Dividend Income 100 % 92 % 4 % 1 % 12 % Ordinary Dividend
Income - - 31 % - 56 % Return of Capital - 8 % - - 5 % Long-Term
Capital Gain N/A N/A 65 % 99 % 27 %
Additional information regarding the tax characterization of the
2014 distributions is available at www.tortoiseadvisors.com. A copy
of the information is also available upon request by calling
866-362-9331.
Nothing contained herein or therein should be construed as tax
advice. Consult your tax advisor for more information. Furthermore,
you may not rely upon any information herein or therein for the
purpose of avoiding any penalties that may be imposed under the
Internal Revenue Code.
About Tortoise Capital Advisors, L.L.C.
Tortoise Capital Advisors, L.L.C. is an investment manager
specializing in listed energy investments. As of Dec. 31, 2014, the
adviser had approximately $17.3 billion of assets under management
in NYSE-listed closed-end investment funds, open-end funds, private
funds and other separate accounts. For more information, visit
www.tortoiseadvisors.com.
Tortoise Capital Advisors, L.L.C.Investor Relations:Pam Kearney,
866-362-9331pkearney@tortoiseadvisors.com
Tortoise Pipeline and En... (NYSE:TTP)
Historical Stock Chart
From May 2024 to Jun 2024
Tortoise Pipeline and En... (NYSE:TTP)
Historical Stock Chart
From Jun 2023 to Jun 2024