Tortoise Power and Energy Infrastructure Fund (TPZ) N-PX Annual report of proxy voting record

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 

811-22106

Tortoise Power & Energy Infrastructure Fund, Inc.

(Exact Name of Registrant as specified in charter)

11550 Ash Street, Suite 300, Leawood, KS 66211

(Address of Principal Executive Offices) (Zip code)

P. Bradley Adams

11550 Ash Street, Suite 300, Leawood, KS 66211

(Name and Address of Agent For Service)

Registrant's telephone number, including area code: 913-981-1020

 

Date of fiscal year end: November 30

Date of reporting period: July 1, 2018 - June 30, 2019

Item 1. Proxy Voting Record

Vote Summary
RICE MIDSTREAM PARTNERS LP
Security				762819100			Meeting Type			Special
Ticker Symbol				RMP			Meeting Date			20-Jul-2018
ISIN				US7628191006
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To consider and vote on a proposal to approve the Agreement and Plan of Merger, dated as of April 25, 2018, by and among EQT Midstream Partners, LP, EQT Midstream Services, LLC, EQM Acquisition Sub, LLC, EQM GP Acquisition Sub, LLC, Rice Midstream Partners LP, Rice Midstream Management LLC and, ...(DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL)				Management		For		For
CHENIERE ENERGY PARTNERS LP HLDGS LLC
Security				16411W108			Meeting Type			Consent
Ticker Symbol				CQH			Meeting Date			20-Sep-2018
ISIN				US16411W1080
Item	Proposal				Proposed by	Vote		For/Against Management
1.	Approval of the merger of CQH with and into Columbia Acquisition Sub LLC (Merger Sub), a wholly owned subsidiary of Cheniere Energy, Inc. (Cheniere), with Merger Sub continuing as the surviving entity, and approval of the Agreement and Plan of Merger, as such agreement may be amended from time to time, by and among Cheniere, Merger Sub and CQH.				Management		For		For
ENERGY TRANSFER PARTNERS, L.P.
Security				29278N103			Meeting Type			Special
Ticker Symbol				ETP			Meeting Date			18-Oct-2018
ISIN				US29278N1037
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To consider and vote on a proposal to adopt the Agreement and Plan of Merger, dated as of August 1, 2018 (as may be amended from time to time, the "merger agreement"), by and among Energy Transfer Equity, L.P. ("ETE"), LE GP, LLC, the general partner of ETE, Streamline Merger Sub, LLC, a wholly owned subsidiary of ETE ("ETE Merger Sub"), Energy Transfer Partners, L.P. ("ETP") and Energy Transfer Partners, L.L.C., as the general partner of Energy Transfer Partners GP, L.P., the general partner of ETP, and the transactions contemplated thereby.				Management		For		For
2.	To consider and vote on a proposal to approve the adjournment of the special meeting, if necessary, to solicit additional proxies if there are not sufficient votes to adopt the merger agreement and the transactions contemplated thereby at the time of the special meeting.				Management		For		For
ENBRIDGE ENERGY MANAGEMENT, L.L.C.
Security				29250X103			Meeting Type			Special
Ticker Symbol				EEQ			Meeting Date			17-Dec-2018
ISIN				US29250X1037
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To approve the Agreement and Plan of Merger, dated as of September 17, 2018 (as it may be amended from time to time, the "EEQ merger agreement"), entered into by and among Enbridge Energy Management, L.L.C. ("EEQ"), Enbridge Inc. ("Enbridge"), Winter Acquisition Sub I, Inc. ("Merger Sub") and, solely for purposes of Article I, Section 2.4 and Article X therein, Enbridge Energy Company, Inc. (the "General Partner") (the "EEQ Merger Proposal").				Management		Against		Against
2.	To waive Section 9.01(a)(v) of the Amended and Restated Limited Liability Company Agreement of EEQ, dated as of October 17, 2002, as amended (the "EEQ LLC Agreement"), in connection with the merger provided for in the EEQ merger agreement (the "Waiver Proposal").				Management		Against		Against
3.	To adopt an amendment to the EEQ LLC Agreement (a form of which is attached as Exhibit A to the EEQ merger agreement) to increase certain voting rights to which the record holders of all of the outstanding listed shares of EEQ are entitled (the "EEQ LLC Agreement Amendment Proposal").				Management		Against		Against
4.	To approve the adjournment of the special meeting from time to time, if necessary to solicit additional proxies if there are not sufficient votes to approve the EEQ Merger Proposal, the Waiver Proposal or the EEQ LLC Agreement Amendment Proposal, at the time of the special meeting.				Management		Against		Against
5.	To approve the Agreement and Plan of Merger, entered into by and among Enbridge Energy Partners, L.P. ("EEP"), the General Partner, EEQ, Enbridge, Enbridge (U.S.) Inc., Winter Acquisition Sub II, LLC and, solely for purposes of Article I, Article II and Article XI therein, Enbridge US Holdings Inc., in order to determine how the EEP i-units will be voted at the special meeting in which the EEP unitholders will vote on the EEP merger agreement (the "EEP special meeting") on the proposal to approve the EEP merger agreement.				Management		Against		Against
6.	To approve the adjournment of the EEP special meeting from time to time, if necessary to solicit additional proxies if there are not sufficient votes to approve the EEP merger agreement at the time of the EEP special meeting, in order to determine how the EEP i-units will be voted at the EEP special meeting on the proposal to approve the EEP merger agreement.				Management		Against		Against
ENLINK MIDSTREAM PARTNERS, LP
Security				29336U107			Meeting Type			Special
Ticker Symbol				ENLK			Meeting Date			23-Jan-2019
ISIN				US29336U1079
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To approve the Agreement and Plan of Merger, dated as of October 21, 2018 ("Merger Agreement"), by and among EnLink Midstream, LLC ("ENLC"), EnLink Midstream Manager, LLC, the managing member of ENLC, NOLA Merger Sub, LLC, a wholly-owned subsidiary of ENLC ("Merger Sub"), EnLink Midstream Partners, LP ("ENLK"), and EnLink Midstream GP, LLC.				Management		For		For
2.	To consider and vote upon a proposal to approve the adjournment of the special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies in the event there are not sufficient votes at the time of the special meeting to approve Proposal 1.				Management		For		For
WESTERN GAS PARTNERS, LP
Security				958254104			Meeting Type			Special
Ticker Symbol				WES			Meeting Date			27-Feb-2019
ISIN				US9582541044
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To approve the Contribution Agreement and Agreement and Plan of Merger, dated as of November 7, 2018 (the Merger Agreement), by and among Anadarko Petroleum Corporation (Anadarko), Anadarko E&P Onshore LLC, Western Gas Equity Partners, LP (WGP), Western Gas Equity Holdings, LLC, Western Gas Partners, LP (WES), Western Gas Holdings, LLC, Clarity Merger Sub, LLC and other affiliates of Anadarko and WES. Due to systems limitations, please see the proxy statement for the full proposal.				Management		For		For
2.	To approve the adjournment of the special meeting, if necessary, to solicit additional proxies if there are not sufficient votes to approve the Merger Agreement and the transactions contemplated thereby, including the Merger, at the time of the special meeting.				Management		For		For
NUSTAR ENERGY L.P.
Security				67058H102			Meeting Type			Annual
Ticker Symbol				NS			Meeting Date			23-Apr-2019
ISIN				US67058H1023
Item	Proposal				Proposed by	Vote		For/Against Management
1.	Election of Directors:				Management		For		For
		01)	J. Dan Bates
		02)	James F. Clingman, Jr.
		03)	Dan J. Hill
2.	To approve the NuStar Energy L.P. 2019 Long-Term Incentive Plan.				Management		For		For
3.	To ratify the appointment of KPMG LLP as NuStar Energy L.P.'s independent registered public accounting firm for 2019.				Management		For		For
4.	To approve an advisory resolution on executive compensation.				Management		For		For
5.	To recommend, by advisory vote, the frequency of future advisory votes on executive compensation.				Management		3 Years		For
MAGELLAN MIDSTREAM PARTNERS,L.P.
Security				559080106			Meeting Type			Annual
Ticker Symbol				MMP			Meeting Date			25-Apr-2019
ISIN				US5590801065
Item	Proposal				Proposed by	Vote		For/Against Management
1.	Election of Directors:				Management
		01	Walter R. Arnheim				For		For
		02	Lori A. Gobillot				For		For
		03	Edward J. Guay				For		For
2.	Advisory Resolution to Approve Executive Compensation				Management		For		For
3.	Ratification of Appointment of Independent Auditor for 2019				Management		For		For
ENBRIDGE INC.
Security				29250N105			Meeting Type			Annual
Ticker Symbol				ENB			Meeting Date			08-May-2019
ISIN				CA29250N1050
Item	Proposal				Proposed by	Vote		For/Against Management
1.01	Election of Directors: Pamela L. Carter				Management		Abstain		Against
1.02	Election of Directors: Marcel R. Coutu				Management		Abstain		Against
1.03	Election of Directors: Susan M. Cunningham				Management		Abstain		Against
1.04	Election of Directors: Gregory L. Ebel				Management		Abstain		Against
1.05	Election of Directors: J. Herb England				Management		Abstain		Against
1.06	Election of Directors: Charles W. Fischer				Management		Abstain		Against
1.07	Election of Directors: V. Maureen Kempston Darkes				Management		Abstain		Against
1.08	Election of Directors: Teresa S. Madden				Management		Abstain		Against
1.09	Election of Directors: Al Monaco				Management		Abstain		Against
1.10	Election of Directors: Michael E.J. Phelps				Management		Abstain		Against
1.11	Election of Directors: Dan C. Tutcher				Management		Abstain		Against
1.12	Election of Directors: Catherine L. Williams				Management		Abstain		Against
2.	Appoint the auditors: Appoint PricewaterhouseCoopers LLP as auditors at remuneration to be fixed by the Board of Directors.				Management		For		For
3.	Approve the Enbridge Inc. 2019 Long Term Incentive Plan and ratify the grants of stock options thereunder.				Management		For		For
4.	Advisory vote to approve compensation of Named Executive Officers.				Management		For		For
GASLOG PARTNERS LP
Security				Y2687W108			Meeting Type			Annual
Ticker Symbol				GLOP			Meeting Date			10-May-2019
ISIN				MHY2687W1084
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To elect Robert B. Allardice III as class I Director to serve for three-year term until the 2022 annual meeting or until his successor has been elected or appointed.				Management		For		For
2.	To ratify the appointment of Deloitte LLP as our independent auditors for the fiscal year ending December 31, 2019.				Management		For		For
PLAINS GP HOLDINGS, L.P.
Security				72651A207			Meeting Type			Annual
Ticker Symbol				PAGP			Meeting Date			15-May-2019
ISIN				US72651A2078
Item	Proposal				Proposed by	Vote		For/Against Management
1.	The election for two Class II directors to serve on the Board until 2022 annual meeting.				Management		For		For
			Victor Burk
			Gary R. Petersen
2.	Ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for 2019.				Management		For		For
3.	The approval, on a non-binding advisory basis, of our named executive officer compensation.				Management		For		For
ONEOK, INC.
Security				682680103			Meeting Type			Annual
Ticker Symbol				OKE			Meeting Date			22-May-2019
ISIN				US6826801036
Item	Proposal				Proposed by	Vote		For/Against Management
1.01	Election of directors: Brian L. Derksen				Management		For		For
1.02	Election of directors: Julie H. Edwards				Management		For		For
1.03	Election of directors: John W. Gibson				Management		For		For
1.04	Election of directors: Mark W. Helderman				Management		For		For
1.05	Election of directors: Randall J. Larson				Management		For		For
1.06	Election of directors: Steven J. Malcolm				Management		For		For
1.07	Election of directors: Jim W. Mogg				Management		For		For
1.08	Election of directors: Pattye L. Moore				Management		For		For
1.09	Election of directors: Gary D. Parker				Management		For		For
1.10	Election of directors: Eduardo A. Rodriguez				Management		For		For
1.11	Election of directors: Terry K. Spencer				Management		For		For
2.	Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm of ONEOK, Inc. for the year ending December 31, 2019.				Management		For		For
3.	An advisory vote to approve ONEOK, Inc.'s executive compensation.				Management		For		For
TARGA RESOURCES CORP.
Security				87612G101			Meeting Type			Annual
Ticker Symbol				TRGP			Meeting Date			30-May-2019
ISIN				US87612G1013
Item	Proposal				Proposed by	Vote		For/Against Management
1.01	Election of Directors: Waters S. Davis, IV				Management		For		For
1.02	Election of Directors: Rene R. Joyce				Management		For		For
1.03	Election of Directors: Chris Tong				Management		For		For
2.	Ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2019.				Management		For		For
3.	Approval, on an advisory basis, of the compensation of the Company's named executive officers, as disclosed in the proxy statement pursuant to the compensation disclosure rules of the SEC.				Management		For		For
BUCKEYE PARTNERS, L.P.
Security				118230101			Meeting Type			Annual
Ticker Symbol				BPL			Meeting Date			04-Jun-2019
ISIN				US1182301010
Item	Proposal				Proposed by	Vote		For/Against Management
1.	The election of three Class III directors to serve on our general partner's board of directors until our 2022 annual meeting of limited partners.				Management		For		For
			Oliver G. Richard, III
			Clark C. Smith
			Frank S. Sowinski
2.	The ratification of the selection of Deloitte & Touche LLP as Buckeye Partners, L.P.'s independent registered public accountants for 2019.				Management		For		For
3.	The approval, in an advisory vote, of the compensation of Buckeye's named executive officers as described in our proxy statement pursuant to Item 402 of Regulation S-K.				Management		For		For
EQUITRANS MIDSTREAM CORPORATION
Security				294600101			Meeting Type			Annual
Ticker Symbol				ETRN			Meeting Date			11-Jun-2019
ISIN				US2946001011
Item	Proposal				Proposed by	Vote		For/Against Management
1.	To elect seven (7) directors to the Board of Directors of the Company to serve until the next annual meeting of shareholders.				Management		For		For
			Vicky A. Bailey
			Kenneth M. Burke
			Margaret K. Dorman
			Thomas F. Karam
			David L. Porges
			Norman J. Szydlowski
			Robert F. Vagt
2.	To approve, on an advisory basis, the compensation of the Company's named executive officers for 2018.				Management		For		For
3.	To approve, on an advisory basis, the frequency of future advisory votes on executive compensation.				Management		1 Year		For
4.	To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2019.				Management		For		For

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TORTOISE POWER AND ENERGY INFRASTRUCTURE FUND, INC.
Date:  August 29, 2019	By:	/s/ P. Bradley Adams P. Bradley AdamsChief Executive Officer, Principal Financial Officer and Treasurer