tpznpx.htm
 



 

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 and 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)


Terry Matlack
Diane Bono
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, 2015 - June 30, 2016



 
 

 

Item 1.  Proxy Voting Record
 

Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Fidelity® Institutional Money Market Funds Money Market Portfolio Class I
11/18/2015
316175207
FMPXX
A vote for election of the following nominees:
1. Elizabeth S. Acton
2. John Engler
3. Albert R. Gamper, Jr.
4. Robert F. Gartland
5. Abigail P. Johnson
6. Arthur E. Johnson
7. Michael E. Kenneally
8. James H. Keyes
9. Marie L. Knowles
10. Geoffrey A. von Kuhn
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Markwest Energy Partners LP
12/1/2015
570759100
MWE
Proposal to approve the Agreement and Plan of Merger, dated as of July 11, 2015, as such agreement may be amended from time to time, by and among MPLX LP, MPLX GP LLC, Marathon Petroleum Corporation, Sapphire HoldCo LLC and Markwest Energy Partners, L.P., and the transactions contemplated thereby.
For
For
Issuer
               
       
Proposal to approve, on an advisory, non-binding basis, the merger-related compensation payments that may become payable to Markwest Energy Partners, L.P.'s named executive officers in connection with the merger.
For
For
Issuer
               
       
Proposal to approve the adjournment of the Special Meeting, if necessary to solicit additional proxies if there are not sufficient votes to approve Proposal 1 at the time of the Special Meeting.
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Sunoco Logistics Partners L.P.
12/1/2015
86764L108
SXL
Approval of the Sunoco Partners LLC Long-Term Incentive Plan, as proposed to be amended and restated, which, among other things, provides for an increase in the maximum number of common units reserved and available for delivery with respect to awards under the Sunoco Partners LLC Long-Term Incentive Plan, as amended and restated as of October 24, 2012, by 10,000,000 common units (the "LTIP Proposal").
For
For
Issuer
               
       
Approval of 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 the LTIP Proposal
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
NuStar Energy L.P.
1/28/2016
67058H102
NS
To approve the NuStar GP, LLC Fifth Amended and Restated 2000 Long-Term Incentive Plan (the "Amended Plan").
For
For
Issuer
               
       
To consider and vote upon the proposal to adjourn the special meeting, if necessary, to solicit additional proxies if there are not sufficient votes to approve the Amended Plan at the time of the special meeting.
For
For
Issuer
               
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Targa Resources Corp.
2/12/2016
87612G101
TRGP
To consider and vote upon a proposal to approve the issuance of shares of common stock of Targa Resources Corp. (the "Company") in connection with the merger contemplated by the Agreement and Plan of Merger, dated as of November 2, 2015, by and among the Company, Spartan Merger Sub LLC, Targa Resources Partners LP and Targa Resources GP LLC ("TRP GP");
For
For
Issuer
               
       
To consider and vote upon a proposal to approve one or more adjournments of the special meeting if necessary or appropriate to solicit additional proxies if there are not sufficient votes to approve the Company's stock issuance proposal.
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Targa Resources Partners, LP
2/12/2016
87611X105
NGLS
To consider and vote upon a proposal to approve the Agreement and Plan of Merger, dated as of November 2, 2015.
For
For
Issuer
               
       
To consider and vote upon, on an advisory, non-binding basis, the compensation payments that may be paid or become payable to the Partnership's named executive officers in connection with the Merger which is referred to as the "TRP Compensation Proposal."
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Magellan Midstream Partners, L.P.
4/21/2016
559080106
MMP
Election of Directors:
1. Walter R. Arnheim
2. Patrick C. Eilers
For
For
Issuer
               
       
Amendment of Long-Term Incentive Plan
For
For
Issuer
               
       
Advisory Resolution to Approve Executive Compensation
For
For
Issuer
               
       
Ratification of Appointment of Independent Auditor
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Spectra Energy Corp
4/26/2016
847560109
SE
Election of Directors: Gregory L. Ebel
For
For
Issuer
       
Election of Directors: F. Anthony Comper
For
For
Issuer
       
Election of Directors: Austin A. Adams
For
For
Issuer
       
Election of Directors: Joseph Alvarado
For
For
Issuer
       
Election of Directors: Pamela L. Carter
For
For
Issuer
       
Election of Directors: Clarence P. Cazalot Jr
For
For
Issuer
       
Election of Directors: Peter B. Hamilton
For
For
Issuer
       
Election of Directors: Mirada C. Hubbs
For
For
Issuer
       
Election of Directors: Michael McShane
For
For
Issuer
       
Election of Directors: Michael G. Morris
For
For
Issuer
       
Election of Directors: Michael E.J. Phelps
For
For
Issuer
               
       
Ratification of the appointment of Deloitte & Touche LLP as Spectra Energy Corp's Independent Registered Public Accounting firm for fiscal year 2016.
For
For
Issuer
               
       
Approval of Spectra Energy Corp 2007 Long-Term Incentive Plan, as amended and restated.
For
For
Issuer
               
       
Approval of Spectra Energy Corp Executive Short-Term Incentive Plan, as amended and restated.
For
For
Issuer
               
       
An advisory resolution to approve executive compensation.
For
For
Issuer
               
       
Shareholder proposal concerning disclosure of political contributions.
Against
For
Shareholder
               
       
Shareholder proposal concerning disclosure of lobbying activities.
Against
For
Shareholder
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
DCP Midstream Partners, LP
4/28/2016
23311P100
DPM
To approve the DCP Midstream Partners, LP 2016 Long-Term Incentive Plan (the "Plan").
For
For
Issuer
               
       
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 insufficient votes at the time of the special meeting to approve the Plan.
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Targa Resources Corp.
5/17/2016
87612G101
TRGP
Election of Directors:
1. Rene R. Joyce
2. Waters S. Davis, IV
3. Chris Tong
For
For
Issuer
               
       
Ratification of selection of independent auditors
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
ONEOK, Inc.
5/25/2016
682680103
OKE
Election of Director: Brian L. Derksen
For
For
Issuer
       
Election of Director: Julie H. Edwards
For
For
Issuer
       
Election of Director: John W. Gibson
For
For
Issuer
       
Election of Director: Randall J. Larson
For
For
Issuer
       
Election of Director: Steven J. Malcolm
For
For
Issuer
       
Election of Director: Kevin S. McCarthy
For
For
Issuer
       
Election of Director: Jim W. Mogg
For
For
Issuer
       
Election of Director: Pattye L. Moore
For
For
Issuer
       
Election of Director: Gary D. Parker
For
For
Issuer
       
Election of Director: Eduardo A. Rodriguez
For
For
Issuer
       
Election of Director: Terry K. Spencer
For
For
Issuer
               
       
Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Oneok, Inc. for the year ending December 31, 2016
For
For
Issuer
               
       
An advisory vote to approve Oneok, Inc.'s executive compensation
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
Proposal Source
Buckeye Partners, L.P.
6/7/2016
118230101
BPL
Election of Directors:
1. Oliver G. Richard, III
2. Clark C. Smith
3. Frank S. Sowinski
For
For
Issuer
               
       
The ratification of the selection of Deloitte & Touche LLP as Buckeye Partners, L.P.'s independent registered public accountants for 2016.
For
For
Issuer
               
Company Name
Meeting Date
Cusip
Ticker
Proposal
Vote
For/Against Management
ProposalSource
The Williams Companies, Inc.
6/27/2016
969457100
WMB
To approve the adoption of the Agreement and Plan of Merger (the "Merger Agreement") among Energy Transfer Equity, L.P., Energy Transfer Corp LP ("ETC"), Energy Transfer Corp GP, LLC, LE GP, LLC, Energy Transfer Equity GP, LLC and Williams Companies, Inc. ("WMB"), and the transactions contemplated thereby, including the merger of WMB with and into etc.
Against
Against
Issuer
               
       
To approve, on an advisory (non-binding) basis, specified compensatory arrangements between WMB and its named executive officers relating to the transactions contemplated by the Merger Agreement.
Abstain
Against
Issuer
               
       
To approve the adjournment of the special meeting from time to time, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the special meeting to approve the merger proposal.
Abstain
Against
Issuer
 
 


 
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 26, 2016
By:
 /s/ P. Bradley Adams  
    P. Bradley Adams  
    Chief Executive Officer