Tortoise Capital Advisors L.L.C.

Annual 1099-DIV

  

2011 Preferred Stock Tax Information

TYG provides the following tax information to its preferred stockholders pertaining to the character of distributions paid during 2011. For a stockholder that received all distributions in cash during 2011, 100 percent will be treated as qualified dividend income (Box 1b).

2011 Common Stock Tax Information

TYG provides the following tax information to its common stockholders pertaining to the character of distributions paid during 2011. For a stockholder that received all distributions in cash during 2011, 100 percent will be treated as qualified dividend income (Box 1b). The per share characterization by quarter is reflected in the sample Form 1099-DIV below.

Record Date Ex-Div Date Payable Date Total Distributions Per Share Total Ordinary Dividends Box 1a Qualified Dividends Box 1b Capital Gain Distributions Box 2a Nondividend Distributions Box 3
11/22/11 11/18/11 11/30/11 $0.5550 $0.5550 $0.5550 $0.00 $0.00
8/24/11 8/22/11 9/1/11 0.5525 0.5525 0.5525 0.00 0.00
5/24/11 5/20/11 6/1/11 0.5475 0.5475 0.5475 0.00 0.00
2/18/11 2/16/11 3/1/11 0.5450 0.5450 0.5450 0.00 0.00
Total 2011 Distributions: $ 2.2000 $ 2.2000 $ 2.2000 $0.00 $0.00
Box 1b: Qualified dividends are taxed at the reduced capital gain tax rates if the stockholder meets the holding period requirements.


If stockholders participated in the company sponsored dividend reinvestment plan, the tax basis of shares acquired is the greater of the purchase price or the market close price on the payment date.

Nothing contained herein should be construed as tax advice, consult your tax advisor for more information. Furthermore, you may not rely upon any information herein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.