NEW YORK, Jan. 11, 2016 /PRNewswire/ -- Pathway Energy Infrastructure Fund, Inc. ("Pathway" or the "Fund") announced today a series of distributions with weekly record dates and payable monthly to the shareholders of record as of the close of business each Friday from January 4, 2016 through March 28, 2016. The declared distributions equal a weekly amount of $0.01726 per share of common stock.
- Distributions for the Jan. 4 through Jan. 29 record dates will be paid on or around February 1, 2016.
- Distributions for the Feb. 5 through Feb. 26 record dates will be paid on or around February 29, 2016.
- Distributions for the Mar. 4 through Mar. 28 record dates will be paid on or around March 31, 2016.
"We are pleased to announce these shareholder distributions based on continued investments within the Fund," said David Belzer, a managing director of Prospect Capital Management.
Pathway Energy Infrastructure Fund, Inc. is co-sponsored by Prospect Capital Management LP. ("Prospect") and Behringer Harvard Holdings, LLC ("Behringer").
About Pathway Energy Infrastructure Fund, Inc.
Pathway Energy Infrastructure Fund, Inc. is a registered closed-end fund focused on investing in North American energy and energy-related companies that are connected to an underlying infrastructure, asset base, and/or cash flow to create downside protection for investors. The Fund seeks to invest in a portfolio that is diversified by subsectors and individual companies and targets income-oriented securities of private and public energy companies and energy-related infrastructure and industrial sectors within targeted sectors of North America. For more information, visit pathway-energyfund.com.
About Prospect Capital Management LP
Headquartered in New York City, Prospect is an SEC-registered investment adviser that, along with its predecessors and affiliates, has a more than 25-year history of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of approximately 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect has more than $7.5 billion of capital under management (including undrawn credit facilities). For more information, call 212.448.0702 or visit prospectcapitalmanagement.com.
Behringer creates and manages real estate investments through public and private fund structures, joint ventures, and separately managed accounts. The company also offers strategic advisory, asset management, tax-deferred exchange and capital markets solutions. Investments sponsored and managed by the Behringer group of companies have invested into more than $11 billion in assets. For more information, call 214.655.1600 or visit behringerinvestments.com.
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future performance of Pathway Energy Infrastructure Fund, Inc. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Any such statements, other than statements of historical fact, are highly likely to be affected by unknowable future events and conditions, including elements of the future that are or are not under the control of Pathway Energy Infrastructure, Inc. and that Pathway Energy Infrastructure, Inc. may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and Pathway Energy Infrastructure, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Pathway Energy Infrastructure Fund, Inc.