TPZ Shariah Compliance
Screening Methodology: AAOIFI
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Tortoise Power and Energy Infrastructure Fund Inc. Stock Analysis TPZ
Tortoise Power and Energy Infrastructure Fund Inc is a US-based company operating in industry. The company is headquartered in Overland Park, Kansas. The company went IPO on 2009-07-29. Tortoise Power and Energy Infrastructure Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to invest primarily in fixed income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles. Under normal circumstances, the fund will invest a minimum of 51% of its total assets in fixed income securities. Under normal market conditions, the Fund will invest at least 80% of its total assets (including assets obtained through leverage) in issuers operating in essential asset sectors. Under normal conditions, the Fund may invest up to 30% of its total assets in securities of non-United States issuers, including Canadian issuers. The investment adviser of the Fund is Tortoise Capital Advisors, L.L.C.
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Tortoise Power and Energy Infrastructure Fund Inc vs S&P 500 Comparative Returns
Analysis of TPZ stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Tortoise Power ... (TPZ...) 1.07%
- S&P 500 5.05%
Tortoise Power ... Underperformed S&P 500 by 3.98%
1Y Performance
- Tortoise Power ... (TPZ...) 25.96%
- S&P 500 13.06%
Tortoise Power ... Outperformed S&P 500 by 12.90%
3Y Performance
- Tortoise Power ... (TPZ...) 63.15%
- S&P 500 62.03%
Tortoise Power ... Outperformed S&P 500 by 1.12%
5Y Performance
- Tortoise Power ... (TPZ...) 127.61%
- S&P 500 99.19%
Tortoise Power ... Outperformed S&P 500 by 28.42%
FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.