EX-99.19A 4 exhibit99_19a.htm NOTICES FOR DECEMBER 2011 AND JANUARY, FEBRUARY, MARCH, APRIL AND MAY 2012

EX-99.19A


Section 19(a) Notification of Sources of Distribution

Distribution Period                      December 2011
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable December 30, 2011, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
% Breakdown of the
  % Breakdown   ($) Total Cumulative   Total Cumulative
($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.055 44% 0.055          44%         
Net Realized Short-Term Capital Gains   0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains     0.070 56% 0.070 56%
Return of Capital 0.000 0% 0.000 0%
Total (per common share) 0.125 100% 0.125     100%

Average annual total return (in relation to NAV) from commencement of operations through 11/30/2011 18.02%
Annualized current distribution rate expressed as a percentage of NAV as of 11/30/2011 5.91%
 
Cumulative total return (in relation to NAV) for the fiscal year through 11/30/2011 10.24%
Cumulative fiscal year distributions as a percentage of NAV as of 11/30/2011 0.49%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com




Section 19(a) Notification of Sources of Distribution

Distribution Period                      January 2012
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable January 31, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
% Breakdown of the
  % Breakdown   ($) Total Cumulative   Total Cumulative
($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.060 48% 0.121          48%         
Net Realized Short-Term Capital Gains   0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains     0.065 52% 0.129 52%
Return of Capital 0.000 0% 0.000 0%
Total (per common share) 0.125 100% 0.250     100%

Average annual total return (in relation to NAV) from commencement of operations through 12/31/2011 19.24%
Annualized current distribution rate expressed as a percentage of NAV as of 12/31/2011 5.71%
 
Cumulative total return (in relation to NAV) for the fiscal year through 12/31/2011 3.98%
Cumulative fiscal year distributions as a percentage of NAV as of 12/31/2011 0.95%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com




Section 19(a) Notification of Sources of Distribution

Distribution Period                      February 2012
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable February 29, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
% Breakdown of the
  % Breakdown   ($) Total Cumulative   Total Cumulative
($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.059 47% 0.177       47%            
Net Realized Short-Term Capital Gains   0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains     0.066 53% 0.198 53%
Return of Capital 0.000 0% 0.000 0%
Total (per common share) 0.125 100% 0.375    100%

Average annual total return (in relation to NAV) from commencement of operations through 1/31/2012 18.84%
Annualized current distribution rate expressed as a percentage of NAV as of 1/31/2012 5.71%
 
Cumulative total return (in relation to NAV) for the fiscal year through 1/31/2012 4.64%
Cumulative fiscal year distributions as a percentage of NAV as of 1/31/2012 1.43%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com




Section 19(a) Notification of Sources of Distribution

Distribution Period                      March 2012
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable March 30, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
      % Breakdown of the
% Breakdown ($) Total Cumulative    Total Cumulative
  ($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.059 47% 0.236       47%            
Net Realized Short-Term Capital Gains 0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains 0.000 0% 0.192 38%
Return of Capital 0.066 53% 0.072 15%
Total (per common share) 0.125 100% 0.500    100%

Average annual total return (in relation to NAV) from commencement of operations through 2/29/2012 19.12%
Annualized current distribution rate expressed as a percentage of NAV as of 2/29/2012 5.62%
 
Cumulative total return (in relation to NAV) for the fiscal year through 2/29/2012 6.74%
Cumulative fiscal year distributions as a percentage of NAV as of 2/29/2012 1.87%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com




Section 19(a) Notification of Sources of Distribution

Distribution Period                      April 2012
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable April 30, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
      % Breakdown of the
% Breakdown ($) Total Cumulative    Total Cumulative
  ($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.059 47% 0.295 47%
Net Realized Short-Term Capital Gains 0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains 0.000 0% 0.240 38%
Return of Capital 0.066 53% 0.090 15%
Total (per common share) 0.125 100% 0.625    100%

Average annual total return (in relation to NAV) from commencement of operations through 3/31/2012 17.49%
Annualized current distribution rate expressed as a percentage of NAV as of 3/31/2012 5.77%
 
Cumulative total return (in relation to NAV) for the fiscal year through 3/31/2012 4.41%
Cumulative fiscal year distributions as a percentage of NAV as of 3/31/2012 2.41%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com




Section 19(a) Notification of Sources of Distribution

Distribution Period                      May 2012
 
Distribution Amount per Share $0.125

The following table sets forth the estimated amounts of the current distribution, payable May 31, 2012, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital. All amounts are expressed per common share.

Estimated Sources of Distributions
      % Breakdown of the
% Breakdown ($) Total Cumulative    Total Cumulative
  ($) Current of the Current Distributions for the Distributions for the
Distribution Distribution Fiscal Year to Date Fiscal Year to Date
Net Investment Income 0.058 47% 0.353 47%
Net Realized Short-Term Capital Gains 0.000 0% 0.000 0%
Net Realized Long-Term Capital Gains 0.014 11% 0.330 44%
Return of Capital 0.053 42% 0.067 9%
Total (per common share) 0.125 100% 0.750    100%

Average annual total return (in relation to NAV) from commencement of operations through 4/30/2012 17.84%
Annualized current distribution rate expressed as a percentage of NAV as of 4/30/2012 5.68%
 
Cumulative total return (in relation to NAV) for the fiscal year through 4/30/2012 6.67%
Cumulative fiscal year distributions as a percentage of NAV as of 4/30/2012 2.84%

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

TPZ estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in TPZ is paid back to you. A return of capital distribution does not necessarily reflect TPZ's investment performance and should not be confused with "yield" or "income."

The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon TPZ's investment experience during the remainder of its fiscal year and may be subject to changes based 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.

TPZ invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies. TPZ's goal is to provide stockholders a high level of current income, with a secondary objective of capital appreciation. For more information, visit TPZ's website at www.tortoiseadvisors.com or call TPZ at 1-866-362-9331.

11550 Ash Street, Suite 300 | Leawood, KS 66211 | p: 913.981.1020 | f: 913.981.1021 | www.tortoiseadvisors.com