Tortoise Index Solutions announced the quarterly cash distributions for the Tortoise North American Pipeline Fund (NYSE Arca: TPYP) and Tortoise Water Fund (BATS: TBLU)....
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Ex-date: Wednesday, Sept. 20, 2017
Record date: Thursday, Sept. 21, 2017
Payable date: Friday, Sept. 22, 2017
For TPYP, the distribution of $0.2690 per share ($1.0760 on an annualized basis) is payable on the payable date listed above to shareholders of record on the record date listed above. Based on current financial information, the source of distribution is estimated to consist of 44% return of capital. TPYP will report the sources of its distribution at the time of payment in the applicable Section 19(a) Notice; the sources of distribution reported are estimates and not being provided for tax reporting purposes.
For TBLU, the distribution of $0.05 per share ($0.20 on an annualized basis) is payable on the payable date listed above to shareholders of record on the record date listed above.
The final determination of the tax character of distributions paid in 2017 will be reported to shareholders in January 2018 on Form 1099-DIV.