Tortoise Capital Announces Index Updates for Fourth Quarter 2024
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Quarterly Rebalancing Announcement: Tortoise Capital has announced changes to its indices as part of the fourth quarter rebalancing, effective after trading on December 20, 2024.
About Tortoise Capital: With approximately $9.9 billion in assets under management, Tortoise Capital specializes in investment strategies focused on midstream energy and essential asset classes, providing research-driven indices for investment professionals.
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Wall Street analysts forecast TPZ stock price to rise
Wall Street analysts forecast TPZ stock price to rise
Current: 21.670

Current: 21.670


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About TPZ
Tortoise Power and Energy Infrastructure Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income to its stockholders. The Fund's secondary objective is capital appreciation. It seeks to invest primarily in fixed income and dividend-paying equity securities of power and energy infrastructure companies. The securities in which it will invest include income-producing fixed income and equity securities. Under normal circumstances, the Fund will invest a minimum of approximately 51% of its total assets in fixed income securities. The Fund may invest up to 10% of its total assets in securities issued by the non-United States issuers (including Canadian issuers). The investment advisor of the Fund is Tortoise Capital Advisors, L.L.C.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tortoise Capital Announces Index Updates for Fourth Quarter 2024
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Quarterly Rebalancing Announcement: Tortoise Capital has announced changes to its indices as part of the fourth quarter rebalancing, effective after trading on December 20, 2024.
About Tortoise Capital: With approximately $9.9 billion in assets under management, Tortoise Capital specializes in investment strategies focused on midstream energy and essential asset classes, providing research-driven indices for investment professionals.