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)
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, 2017 - June 30, 2018
Item 1. Proxy Voting Record
Vote Summary | ||||||||||||||||||||
VTTI ENERGY PARTNERS LP | ||||||||||||||||||||
Security | Y9384M101 | Meeting Type | Special | |||||||||||||||||
Ticker Symbol | VTTI | Meeting Date | 13-Sep-2017 | |||||||||||||||||
ISIN | MHY9384M1012 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | THE MERGER PROPOSAL - TO CONSIDER AND VOTE ON A PROPOSAL TO ADOPT AND APPROVE THE AGREEMENT AND PLAN OF MERGER, DATED MAY 8, 2017 (THE "MERGER AGREEMENT"), BY AND AMONG VTTI ENERGY PARTNERS LP ("MLP"), VTTI ENERGY PARTNERS GP LLC, THE GENERAL PARTNER OF MLP, VTTI B.V. ("PARENT"), VTTI MLP PARTNERS B.V., A DIRECT WHOLLY OWNED SUBSIDIARY OF PARENT ("MLP PARTNERS"), AND VTTI MERGER SUB LLC, A DIRECT WHOLLY OWNED SUBSIDIARY OF MLP PARTNERS ("MERGER SUB"), AS SUCH AGREEMENT MAY BE AMENDED ...(DUE TO SPACE LIMITS, SEE PROXY STATEMENT FOR FULL PROPOSAL). | Management | For | For | ||||||||||||||||
2. | THE ADJOURNMENT PROPOSAL - TO CONSIDER AND VOTE ON A PROPOSAL TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES TO ADOPT AND APPROVE THE MERGER AGREEMENT AND APPROVE THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT, INCLUDING THE MERGER, AT THE TIME OF THE SPECIAL MEETING. | Management | For | For | ||||||||||||||||
WESTERN GAS PARTNERS, LP | ||||||||||||||||||||
Security | 958254104 | Meeting Type | Special | |||||||||||||||||
Ticker Symbol | WES | Meeting Date | 17-Oct-2017 | |||||||||||||||||
ISIN | US9582541044 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | TO APPROVE THE WESTERN GAS PARTNERS, LP 2017 LONG-TERM INCENTIVE PLAN (THE LTIP PROPOSAL) | Management | For | For | ||||||||||||||||
2. | 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 THE LTIP PROPOSAL | Management | For | For | ||||||||||||||||
MAGELLAN MIDSTREAM PARTNERS,L.P. | ||||||||||||||||||||
Security | 559080106 | Meeting Type | Annual | |||||||||||||||||
Ticker Symbol | MMP | Meeting Date | 26-Apr-2018 | |||||||||||||||||
ISIN | US5590801065 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | DIRECTOR | Management | ||||||||||||||||||
1 | Robert G. Croyle | For | For | |||||||||||||||||
2 | Stacy P. Methvin | For | For | |||||||||||||||||
3 | Barry R. Pearl | For | For | |||||||||||||||||
2. | Advisory Resolution to Approve Executive Compensation | Management | For | For | ||||||||||||||||
3. | Ratification of Appointment of Independent Auditor | Management | For | For | ||||||||||||||||
PLAINS GP HOLDINGS, L.P. | ||||||||||||||||||||
Security | 72651A207 | Meeting Type | Annual | |||||||||||||||||
Ticker Symbol | PAGP | Meeting Date | 15-May-2018 | |||||||||||||||||
ISIN | US72651A2078 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | DIRECTOR | Management | ||||||||||||||||||
1 | Bobby S. Shackouls | For | For | |||||||||||||||||
2 | Christopher M. Temple | For | For | |||||||||||||||||
2. | Ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for 2018. | Management | For | For | ||||||||||||||||
3. | The approval, on a non-binding advisory basis, of our named executive officer compensation. | Management | For | For | ||||||||||||||||
4. | Non-binding advisory vote on the frequency with which future advisory votes to approve our named executive officer compensation should be held. | Management | 1 Year | For | ||||||||||||||||
ONEOK, INC. | ||||||||||||||||||||
Security | 682680103 | Meeting Type | Annual | |||||||||||||||||
Ticker Symbol | OKE | Meeting Date | 23-May-2018 | |||||||||||||||||
ISIN | US6826801036 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1A. | Election of director: Brian L. Derksen | Management | For | For | ||||||||||||||||
1B. | Election of director: Julie H. Edwards | Management | For | For | ||||||||||||||||
1C. | Election of director: John W. Gibson | Management | For | For | ||||||||||||||||
1D. | Election of director: Randall J. Larson | Management | For | For | ||||||||||||||||
1E. | Election of director: Steven J. Malcolm | Management | For | For | ||||||||||||||||
1F. | Election of director: Jim W. Mogg | Management | For | For | ||||||||||||||||
1G. | Election of director: Pattye L. Moore | Management | For | For | ||||||||||||||||
1H. | Election of director: Gary D. Parker | Management | For | For | ||||||||||||||||
1I. | Election of director: Eduardo A. Rodriguez | Management | For | For | ||||||||||||||||
1J. | Election of director: 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, 2018. | Management | For | For | ||||||||||||||||
3. | Approve the ONEOK, Inc. Equity Incentive Plan. | Management | For | For | ||||||||||||||||
4. | 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 | 24-May-2018 | |||||||||||||||||
ISIN | US87612G1013 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1.1 | Election of Director: Robert B. Evans | Management | For | For | ||||||||||||||||
1.2 | Election of Director: Joe Bob Perkins | Management | For | For | ||||||||||||||||
1.3 | Election of Director: Ershel C. Redd Jr. | Management | For | For | ||||||||||||||||
2. | Ratification of Selection of Independent Accountants | Management | For | For | ||||||||||||||||
3. | Advisory Vote to Approve Executive Compensation | Management | For | For | ||||||||||||||||
BUCKEYE PARTNERS, L.P. | ||||||||||||||||||||
Security | 118230101 | Meeting Type | Annual | |||||||||||||||||
Ticker Symbol | BPL | Meeting Date | 05-Jun-2018 | |||||||||||||||||
ISIN | US1182301010 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | DIRECTOR | Management | ||||||||||||||||||
1 | Pieter Bakker | For | For | |||||||||||||||||
2 | Barbara M. Baumann | For | For | |||||||||||||||||
3 | Mark C. McKinley | For | For | |||||||||||||||||
2. | Amendment of partnership agreement to remove provisions that prevent general partner from causing Buckeye Partners, L.P. to issue any class or series of limited partnership interests having preferences or other special or senior rights over the LP Units without the prior approval of unitholders holding an aggregate of at least two-thirds of the outstanding LP Units. | Management | For | For | ||||||||||||||||
3. | The ratification of the selection of Deloitte & Touche LLP as Buckeye Partners, L.P.'s independent registered public accountants for 2018. | Management | For | For | ||||||||||||||||
4. | 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 | ||||||||||||||||
TALLGRASS ENERGY PARTNERS LP | ||||||||||||||||||||
Security | 874697105 | Meeting Type | Special | |||||||||||||||||
Ticker Symbol | TEP | Meeting Date | 26-Jun-2018 | |||||||||||||||||
ISIN | US8746971055 | |||||||||||||||||||
Item | Proposal | Proposed by | Vote | For/Against Management | ||||||||||||||||
1. | The approval and adoption of the Agreement and Plan of Merger dated as of March 26, 2018 by and among Tallgrass Energy GP, LP, Tallgrass Equity, LLC, Razor Merger Sub, LLC, Tallgrass Energy Partners, LP and Tallgrass MLP GP, LLC, as it may be amended from time to time, and the transactions contemplated thereby. | 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 27, 2018 | By: | /s/ P. Bradley Adams | |
P. Bradley Adams | |||
Chief Executive Officer, Principal Financial Officer and Treasurer |