Tortoise Capital Announces 2024 Estimated Capital Gain Distributions for its Open End Mutual Funds
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OVERLAND PARK, KS / ACCESSWIRE / November 8, 2024 / Tortoise Capital today announced the estimated capital gain distributions for its open end mutual funds to be paid in the calendar year 2024.
To assist our shareholders with year-end planning, we are providing estimates of the per-share capital gain distributions expected to be paid during 2024. These estimates were prepared using capital gain amounts as of October 31, 2024. The estimates are being provided for informational purposes only and may not include all required tax adjustments. The final per-share amounts will be based on the actual number of shares outstanding on the Fund's record date which may differ significantly from the number of shares outstanding at the time these estimates were prepared. Please keep in mind that the following amounts are estimates and subject to change. The final amounts will be reported to you on Form 1099-DIV, which will be mailed in early 2025.
| Fund name | Ticker | Estimated short-term capital gains | Estimated long-term capital gains |
| Tortoise Energy Infrastructure Total Return Fund | TORIX/TORTX/TORCX | $0.00 | $0.00 |
| Tortoise Energy Infrastructure and Income Fund | INFRX/INFFX/INFIX | $0.00 | $0.00 |
About Tortoise Capital
With approximately $8.6 billion in assets under management as of Sept. 30, 2024, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well-
positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit http://www.TortoiseAdvisors.com.
About Tortoise Energy Infrastructure Total Return Fund
The Tortoise Energy Infrastructure Total Return Fund focuses on the large and diverse North American pipeline universe. The fund invests primarily in equity securities of energy infrastructure companies that process, transport, store, and market natural gas or natural gas liquids, refined products and crude oil (i.e., midstream infrastructure) as well as generate, transport and distribute electricity (i.e., power and renewable infrastructure. The fund is designed to provide access to the sizable pipeline network of one of the world's largest consumers of energy, efficient tax flow-through structure, one 1099 (no K-1s), no unrelated business taxable income (UBTI) and IRA and tax-exempt suitability.