Filing Details
- Accession Number:
- 0001398344-24-000843
- Form Type:
- 13D Filing
- Publication Date:
- 2024-01-21 19:00:00
- Filed By:
- Bulldog Investors
- Company:
- Tortoise Power & Energy Infrastructure Fund Inc (NYSE:TPZ)
- Filing Date:
- 2024-01-22
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Bulldog Investors, LLP | 6,794 | 267,122 | 6,794 | 267,122 | 4.65% | |
| Phillip Goldstein | 6,794 | 357,884 | 6,794 | 357,884 | 6.19% | |
| Andrew Dakos | 6,794 | 357,884 | 6,794 | 357,884 | 6.19% |
Filing
SCHEDULE 13D
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
1/17/2024
1. NAME OF REPORTING PERSON
Bulldog Investors, LLP
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DE
___________________________________________________________
7. SOLE VOTING POWER
6,794
8. SHARED VOTING POWER
267,122
9. SOLE DISPOSITIVE POWER
6,794
_______________________________________________________
10. SHARED DISPOSITIVE POWER
267,122
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
273,916 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
4.65%
14. TYPE OF REPORTING PERSON
IA
___________________________________________________________
1. NAME OF REPORTING PERSON
Phillip Goldstein
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
6,794
8. SHARED VOTING POWER
357,884
9. SOLE DISPOSITIVE POWER
6,794
_______________________________________________________
10. SHARED DISPOSITIVE POWER
357,884
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
364,678 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
6.19%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
___________________________________________________________
7. SOLE VOTING POWER
6,794
8. SHARED VOTING POWER
357,884
9. SOLE DISPOSITIVE POWER
6,794
_______________________________________________________
10. SHARED DISPOSITIVE POWER
357,884
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
364,678 (Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
6.19%
14. TYPE OF REPORTING PERSON
IN
___________________________________________________________
Item 1. SECURITY AND ISSUER
This Schedule 13D relates to the shares of Common Stock
of Tortoise Power and Energy Infrastructure Fund, Inc. ("TPZ" or
the "Issuer").
The principal executive offices of TPZ are located at
5100 W. 115th Place
Leawood, KS 66211
Item 2. IDENTITY AND BACKGROUND
(a) This statement is filed on behalf of Bulldog Investors,LLP (a Delaware
Limited Liability Partnership), Phillip Goldstein, and Andrew Dakos.
(b) The business address of the reporting persons is Park 80 West-Plaza Two,
250 Pehle Ave., Suite 708, Saddle Brook, NJ 07663.
(c) Bulldog Investors,LLP is a registered investment adviser.
Messrs. Goldstein and Dakos are partners of Bulldog
Investors,LLP.
(d) n/a
(e) n/a
(f) Each of Messrs. Goldstein and Dakos is a citizen of the United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS
Shares of the Issuer have been accumulated on behalf of clients of
Bulldog Investors,LLP, and on behalf of a registered closed-end investment
company for which Messrs. Goldstein and Dakos have investment and voting
authority.
ITEM 4. PURPOSE OF TRANSACTION
Letter was sent to the company. See exhibit B.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As per the N-CSRS filed on 8/7/23 there were 6,200,175 shares
of common stock outstanding as of 5/31/23.On 11/8/23 310,008 shares were
tenderd, leaving 5,890,167 shares outstanding. The percentages set forth
herein were derived using such number. Phillip Goldstein and Andrew Dakos
own Bulldog Investors, LLP, a registered investment advisor.
As of January 19, 2024 Bulldog Investors, LLP is deemed to be the beneficial
owner of 273,916 shares of TPZ (representing 4.65% of TPZ's outstanding
shares) solely by virtue of Bulldog Investors LLP's power to direct the
vote of,and dispose of, these shares.
Such shares are also beneficially owned by clients of Bulldog Investors,
LLP who are not members of any group.
As of January 19, 2024, each of Messrs. Goldstein and Dakos is deemed to be
the beneficial owner of 364,678 shares of TPZ (representing 6.19% of TPZ's
outstanding shares) by virtue of their power to direct the vote of, and
dispose of, these shares.
(b)Bulldog Investors,LLP has sole power to dispose of and vote 6,794 shares.
Bulldog Investors, LLP has shared power to dispose of and vote 267,122
shares. Certain of Bulldog Investors, LLP's clients (none of whom
beneficially own more than 5% of TPZ's shares) share this power with
Bulldog Investors, LLP. Messrs. Goldstein and Dakos are partners of Bulldog
Investors, LLP. Messrs. Goldstein and Dakos have shared power to dispose
of and vote an additional 90,762 shares.
c) During the past 60 days the following shares of TPZ were bought.
Date Shares Price
12/6/2023 444 13.5577
12/5/2023 57,753 13.6700
12/4/2023 33,466 13.7197
12/1/2023 694 13.7084
11/29/2023 2,214 13.5100
11/27/2023 9,134 13.3300
11/22/2023 805 13.3200
11/21/2023 9,198 13.3099
d) Clients of Bulldog Investors, LLP and a closed-end investment fund for
which Messrs. Goldstein and Dakos have investment and voting authority
are entitled to receive any dividends or sales proceeds.
e) N/A
ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A & B
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 1/22/2024
By: /S/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
Bulldog Investors, LLP
By: /s/ Andrew Dakos
Andrew Dakos, Partner
Footnote 1: The reporting persons disclaim beneficial ownership except
to the extent of any pecuniary interest therein.