UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-22843

Center Coast MLP & Infrastructure Fund

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(Exact name of registrant as specified in charter)

Center Coast Capital Advisors, LP

1600 Smith Street

Suite 3800

Houston, TX 77002

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(Address of principal executive offices) (Zip code)

Dan C. Tutcher

Center Coast Capital Advisors, LP

1600 Smith Street

Suite 3800

Houston, TX 77002

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(Name and address of agent for service)

Registrant's telephone number, including area code: (713) 759-1400

Date of fiscal year end: November 30

Date of reporting period: August 31, 2015

ITEM 1. SCHEDULE OF INVESTMENTS.

The Schedule(s) of Investments is attached herewith.

Number of Shares					Value
			COMMON STOCK - 10.6%
			Diversified C Corp - 8.0%
	732,921		Kinder Morgan, Inc. 1,2		$	23,753,970
						23,753,970
			General Partner C Corp - 2.6%
	199,940		Plains GP Holdings LP - Class A 1			3,916,825
	55,939		Targa Resources Corp.			3,695,330
						7,612,155
			Total Common Stock
			(Cost $40,430,039)			31,366,125
			MASTER LIMITED PARTNERSHIP SHARES - 108.2%
			Diversified - 32.9%
	903,572		Enterprise Products Partners LP 1,2			25,399,409
	485,547		ONEOK Partners LP 1,2			15,707,446
	708,901		Targa Resources Partners LP 1,2			21,401,721
	409,183		Tesoro Logistics LP 1			21,608,954
	341,868		Williams Partners LP 1			13,623,440
						97,740,970
			Gas Gatherers & Processors - 16.1%
	704,669		EnLink Midstream Partners LP 1			12,423,315
	217,286		MarkWest Energy Partners LP 1			12,248,412
	36,700		Summit Midstream Partners LP			808,868
	376,457		Western Gas Partners LP 1,2			22,146,965
						47,627,560
			Gas Transportation & Storage - 19.1%
	309,717		Columbia Pipeline Partners LP 1			6,141,688
	64,136		Dominion Midstream Partners LP 1			2,349,943
	137,703		EQT Midstream Partners LP 1			10,713,293
	382,380		Spectra Energy Partners LP 1			19,478,437
	331,872		TC Pipelines LP 1			17,914,451
						56,597,812
			General Partner Partnership - 2.3%
	129,894		Western Gas Equity Partners LP 1			6,897,371
						6,897,371
			Large Cap Liquids Transportation & Storage - 26.3%
	237,819		Buckeye Partners LP 1			16,747,214
	12,600		Holly Energy Partners LP			435,708
	233,998		Magellan Midstream Partners LP 1			16,513,239
	657,346		Plains All American Pipeline LP 1,2			23,703,897
	614,229		Sunoco Logistics Partners LP 1			20,779,367
						78,179,425
			Other - 2.9%
	237,375		Martin Midstream Partners LP 1			6,359,276
	109,461		Westlake Chemical Partners LP 1			2,137,774
						8,497,050

Number of Shares					Value
			MASTER LIMITED PARTNERSHIP SHARES (continued)
			Small Cap Liquids Transportation & Storage - 8.6%
	2,524		MPLX LP		$	125,241
	107,923		Phillips 66 Partners LP 1			6,734,395
	471,025		Shell Midstream Partners LP 1			18,638,459
						25,498,095
			Total Master Limited Partnership Shares
			(Cost $362,058,177)		$	321,038,283
			UNREGISTERED/RESTRICTED SECURITIES - 7.0%
	20,795,387		KKR Eagle Co-Invest LP 3,4		$	20,795,387
			Total Unregistered/Restricted Securities
			(Cost $20,795,387)			20,795,387

Principal Amount					Value
			Short-Term Investments - 0.3%
$	973,432		UMB Money Market Fiduciary, 0.01% 5		$	973,432
			Total Short-Term Investments			973,432
			(Cost $973,432)
			Total Investments * - 126.1%
			(Cost $424,257,035)			374,173,227
			Liabilities in Excess of Other Assets - (26.1)%			(77,397,978	)
			Total Net Assets - 100%		$	296,775,249

Number of Contracts					Notional Amount				Value
			Written Option Contracts - (0.0)% **
			Call Options - (0.0)% **
			Holly Energy Partners LP
	(126	)	Exercise Price: $30, Expiration Date: September 18, 2015		$	378,000			$	57,960
			Martin Midstream Partners LP
	(593	)	Exercise Price: $30, Expiration Date: September 18, 2015			1,779,000				20,755
			Total Call Options
			(Proceeds $34,530)			2,157,000				78,715
			Total Written Option Contracts *
			(Proceeds $34,530)		$	2,157,000			$	78,715

LP - Limited Partnership

Fair Value Measurements and Disclosures defines fair value, establishes a framework for measuring fair value in accordance with Generally Accepted Accounting Principles (“GAAP”) , and expands disclosure about fair value measurements. It also provides guidance on determining when there has been a significant decrease in the volume and level of activity for an asset or liability, when a transaction is not orderly, and how that information must be incorporated into a fair value measurement.

Under Fair Value Measurements and Disclosures, various inputs are used in determining the value of the Fund’s investments. These inputs are summarized into three broad Levels as described below:

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Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

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Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

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Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest Level input that is significant to the fair value measurement in its entirety.

In addition, the Fund has adopted Accounting Standards Update No. 2011-04 Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in GAAP and IFRSs which amends Fair Value Measurements and Disclosures to establish common requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and International Financial Reporting Standards. Enhanced disclosure is required to detail any transfers in to and out of Level 1 and Level 2 measurements and Level 2 and Level 3 measurements and the reasons for the transfers.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the fair valuation levels, as of August 31, 2015:

 

 

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1	All Common Stock and Master Limited Partnerships held by the Fund are Level 1 securities. For a detailed break-out of Master Limited Partnerships by major industry classification, please refer to the Schedule of Investments.

Transfers are recognized at the end of the reporting period. There were no transfers during the period.

The following table summarizes the change in value associated with Level 3 securities carried at fair value for the period ended August 31, 2015:

 

 

On May 14, 2015, the Fund agreed to purchase 487,179 units of Shell Midstream Partners LP in a private “PIPE” offering for $39.00 per unit. These units were registered and all trading restrictions were removed on July 30, 2015.

 

The following is a summary of quantitative information about significant unobservable valuation inputs approved by the adviser's valuation committee for Level 3 Fair Value Measurements for investments held as of August 31, 2015:

 

Type of Security	Fair Value at 8/31/2015	Valuation Technique(s)	Unobservable Input	Range (weighted average)
Unregistered/Restricted Securities	$20,795,387	Discounted Cash Flow	Discount Rate	11.00% – 15.00% (13.00%)
			Exit Multiple	9.00x – 11.00 x (10.00 x)
			Liquidity Discount	15.00% (15.00%)

Level 3 Unregistered/Restricted Securities valued by using an unobservable input factor are directly affected by a change in that factor.

At August 31, 2015, gross unrealized appreciation and depreciation of investments, based on cost for federal income tax purposes were as follows:

 

The difference between cost amounts for financial statement and federal income tax purposes is due primarily to income/(loss) from Master Limited Partnership (“MLP”) K-1s, which is treated as an increase/(decrease) in cost basis of the MLP shares held, and timing differences in recognizing certain gains and losses in security transactions.

ITEM 2. CONTROLS AND PROCEDURES.

(a)   The registrant's principal executive and principal financial officers have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") are effective, as of a date within 90 days of the filing date of this report, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended.

(b)   There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

ITEM 3. EXHIBITS.

Certifications pursuant to Rule 30a-2(a) under the 1940 Act, for the Principal Executive Officer and Principal Financial Officer, are attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and 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.