Prudential Financial Holds 82.9% of Tortoise Energy Preferred Stock

Prudential Financial, Inc. has filed a Schedule 13G with the SEC, reporting an 82.9% ownership in Tortoise Energy Infrastructure Corp's Mandatory Redeemable Preferred Stock. The filing indicates that Prudential Financial, Inc. beneficially owns 5,300,000 shares, with sole voting and dispositive power over these shares. The filing also notes that this ownership equates to 22.4% of the common stock for voting purposes. The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc., holds these shares. The filing was made under Rule 13d-1(b) and includes a certification that the shares were acquired and are held in the ordinary course of business, not for the purpose of influencing control of the issuer.