HOUSTON, Jan. 28, 2016 /PRNewswire/ -- Center Coast MLP & Infrastructure Fund (NYSE: CEN) (the "Fund") declared today four regular monthly distributions of $0.1042 per common share.

Distribution Details:



      Month   Ex-Dividend Date      Record Date        Payable Date        Distribution per common share
      -----   ----------------      -----------        ------------        -----------------------------

     February             2/10/2016          2/12/2016           2/25/2016                         $0.1042
     --------             ---------          ---------           ---------                         -------

      March                3/9/2016          3/11/2016           3/29/2016                         $0.1042
      -----                --------          ---------           ---------                         -------

      April               4/13/2016          4/15/2016           4/27/2016                         $0.1042
      -----               ---------          ---------           ---------                         -------

       May                5/11/2016          5/13/2016           5/27/2016                         $0.1042
       ---                ---------          ---------           ---------                         -------

Based on current estimates, we anticipate that a portion of the distributions paid in calendar 2016 will be treated for U.S. federal income tax purposes as a return of capital. The final determination of the tax status of those 2016 distributions will be made in early 2017 and provided to shareholders on Form 1099-DIV.

The Fund anticipates declaring and paying distributions monthly.

About Center Coast Capital Advisors, LP

Center Coast Capital Advisors, LP ("Center Coast") serves as the Fund's investment advisor and is responsible for the management of the Fund. Center Coast is a registered investment advisor headquartered in Houston, Texas focused on energy infrastructure investments. Center Coast combines the expertise of midstream and energy infrastructure operators and financial and investment professionals. The Fund is managed by Dan Tutcher and Rob Chisholm, two MLP industry veterans that have owned, operated and invested in midstream energy assets for over 40 years. As former CEO/management of one of the largest MLPs, they have historically analyzed, operated or purchased a large number of the assets within the MLP sector. Center Coast currently has over $3 billion in MLP assets under management.

About the Center Coast MLP & Infrastructure Fund (NYSE: CEN)

The Fund is a non-diversified closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. The "total return" sought by the Fund includes appreciation in the net asset value of the Fund's common shares and all distributions made by the Fund to its common shareholders, regardless of the tax characterization of such distributions, including distributions characterized as return of capital. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of master limited partnerships ("MLPs") and energy infrastructure companies. Under normal market conditions, the Fund will invest at least 80% of its managed assets in securities of MLPs and energy infrastructure companies. The Fund may invest up to 20% of its managed assets in unregistered or restricted securities, including securities issued by private companies. The Fund utilizes leverage as part of its investment strategy. There is no assurance that the Fund will achieve its investment objective.

The Fund anticipates that, due to the tax characterization of cash distributions made by MLPs, a portion of the Fund's distributions to shareholders will consist of tax-advantaged return of capital for U.S. federal income tax purposes. In general, a portion of the distribution will constitute a return of capital to shareholders, rather than a dividend, to the extent such distribution exceeds the Fund's current and accumulated earnings and profits. The portion of any distribution treated as a return of capital will not be subject to tax currently, but will result in a corresponding reduction in a shareholder's basis in Fund shares and in the shareholder's recognizing more gain or less loss (that is, will result in an increase of a shareholder's tax liability) when the shareholder later sells Fund shares. Distributions in excess of a shareholders' adjusted tax basis in its shares are generally treated as capital gains. The Fund's distribution rate will vary based upon the distributions received from underlying investments. The Fund can make no assurance as to what percentage of the distributions paid on the shares will consist of tax-deferred return of capital.

For information about the Fund, please contact your Financial Advisor.
Financial Advisors/Analysts only please contact: (800) 651-2345
Media Relations please contact: (646) 839-5543

Website: www.centercoastcap.com/cen

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SOURCE Center Coast MLP & Infrastructure Fund