Tortoise MLP Fund, Inc. is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of total return with an emphasis on current distributions. It invests primarily in master limited partnerships (MLPs) and their affiliates that own and operate a network of pipeline and energy-related logistical infrastructure assets. Under normal circumstances, it invests at least 80% of its total assets in equity securities of MLPs in energy infrastructure sector, with at least 50% of its total assets in equity securities of natural gas infrastructure MLPs. The Fund may also invest up to 50% of its total assets in restricted securities, primarily through direct investments. Its portfolio of investments includes natural gas/natural gas liquids pipelines, gathering and processing, crude oil pipelines, refined product pipelines, and oil and gas production. Tortoise Capital Advisors, L.L.C. serves as an investment advisor to the Fund.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:NTG
- CUSIP: N/A
- Web: N/A
Average Prices:- 50 Day Moving Avg: $18.14
- 200 Day Moving Avg: $19.21
- 52 Week Range: $17.00 - $21.84
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 110,756 shs.
Frequently Asked Questions for Tortoise MLP Fund (NYSE:NTG)
What is Tortoise MLP Fund's stock symbol?
Tortoise MLP Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "NTG."
How often does Tortoise MLP Fund pay dividends? What is the dividend yield for Tortoise MLP Fund?
Tortoise MLP Fund declared a quarterly dividend on Tuesday, August 8th. Investors of record on Thursday, August 24th will be paid a dividend of $0.4225 per share on Thursday, August 31st. This represents a $1.69 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Tuesday, August 22nd. View Tortoise MLP Fund's Dividend History.
Who are some of Tortoise MLP Fund's key competitors?
Some companies that are related to Tortoise MLP Fund include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
Who are Tortoise MLP Fund's key executives?
Tortoise MLP Fund's management team includes the folowing people:
- H. Kevin Birzer, Chairman of the Board
- Zachary A. Hamel, President
- Terry C. Matlack, Chief Executive Officer, Director
- P. Bradley Adams, Chief Financial Officer
- Kenneth P. Malvey, Senior Vice President, Treasurer
- David J. Schulte CPA, Senior Vice President
- Charles E. Heath, Lead Independent Director
- Rand C. Berney, Independent Director
- Conrad S. Ciccotello, Independent Director
- Alexandra A. Herger, Independent Director
Who owns Tortoise MLP Fund stock?
Tortoise MLP Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (0.00%), Advisors Asset Management Inc. (0.00%), Crescent Grove Advisors LLC (0.00%), Fiduciary Trust Co. (0.00%), Mariner Wealth Advisors LLC (0.00%) and Oppenheimer & Co. Inc. (0.00%). Company insiders that own Tortoise MLP Fund stock include H Kevin Birzer and Matthew Sallee. View Institutional Ownership Trends for Tortoise MLP Fund.
Who sold Tortoise MLP Fund stock? Who is selling Tortoise MLP Fund stock?
Tortoise MLP Fund's stock was sold by a variety of institutional investors in the last quarter, including Fiduciary Trust Co., Oppenheimer & Co. Inc., Wells Fargo & Company MN, Linscomb & Williams Inc., Sterling Capital Management LLC, United Bank, Cadence Bank NA and Financial Counselors Inc.. View Insider Buying and Selling for Tortoise MLP Fund.
Who bought Tortoise MLP Fund stock? Who is buying Tortoise MLP Fund stock?
Tortoise MLP Fund's stock was bought by a variety of institutional investors in the last quarter, including Crescent Grove Advisors LLC, Garner Asset Management Corp, Advisors Asset Management Inc., Cetera Investment Advisers, Royal Bank of Canada, Raymond James Financial Services Advisors Inc., Northern Capital Management LLC and Arete Wealth Advisors LLC. Company insiders that have bought Tortoise MLP Fund stock in the last two years include H Kevin Birzer and Matthew Sallee. View Insider Buying and Selling for Tortoise MLP Fund.
How do I buy Tortoise MLP Fund stock?
Shares of Tortoise MLP Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tortoise MLP Fund's stock price today?
One share of Tortoise MLP Fund stock can currently be purchased for approximately $18.23.
MarketBeat Community Rating for Tortoise MLP Fund (NYSE NTG)MarketBeat's community ratings are surveys of what our community members think about Tortoise MLP Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Tortoise MLP Fund (NYSE:NTG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Tortoise MLP Fund (NYSE:NTG)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Tortoise MLP Fund (NYSE:NTG)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Tortoise MLP Fund (NYSE:NTG)Current Year EPS Consensus Estimate: $1.67 EPS
Current Dividend Information for Tortoise MLP Fund (NYSE:NTG)| Most Recent Dividend: | 8/31/2017 |
| Annual Dividend: | $1.69 |
| Dividend Yield: | 9.27% |
| Dividend Growth: | 0.30% (3 Year Average) |
| Payout Ratio: | 101.20% (Based on This Year's Estimates)
|
Dividend History by Quarter for Tortoise MLP Fund (NYSE NTG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/8/2017 | quarterly | $0.42 | 9.24% | 8/22/2017 | 8/24/2017 | 8/31/2017 |
| 5/10/2017 | quarterly | $0.42 | 8.4% | 5/22/2017 | 5/24/2017 | 5/31/2017 |
| 2/13/2017 | quarterly | $0.42 | 7.95% | 2/16/2017 | 2/21/2017 | 2/28/2017 |
| 11/8/2016 | quarterly | $0.42 | 9.38% | 11/21/2016 | 11/23/2016 | 11/30/2016 |
| 8/9/2016 | quarterly | $0.42 | 8.82% | 8/22/2016 | 8/24/2016 | 8/31/2016 |
| 5/11/2016 | quarterly | $0.42 | 9.54% | 5/20/2016 | 5/24/2016 | 5/31/2016 |
| 2/10/2016 | quarterly | $0.42 | 12.87% | 2/18/2016 | 2/22/2016 | 2/29/2016 |
| 11/10/2015 | quarterly | $0.42 | 9.78% | 11/19/2015 | 11/23/2015 | 11/30/2015 |
| 5/12/2015 | quarterly | $0.42 | 6.86% | 5/20/2015 | 5/22/2015 | 5/29/2015 |
| 5/12/2015 | quarterly | $0.42 | 6.86% | 7/22/2015 | 7/24/2015 | 7/31/2015 |
| 5/12/2015 | quarterly | $0.42 | 6.86% | 8/20/2015 | 8/24/2015 | 8/31/2015 |
| 5/12/2015 | quarterly | $0.42 | 6.86% | 6/19/2015 | 6/23/2015 | 6/30/2015 |
| 2/10/2015 | quarterly | $0.42 | 6.47% | 2/18/2015 | 2/20/2015 | 2/27/2015 |
| 11/11/2014 | quarterly | $0.42 | 5.85% | 11/19/2014 | 11/21/2014 | 11/28/2014 |
| 8/11/2014 | quarterly | $0.42 | 5.72% | 8/20/2014 | 8/22/2014 | 8/29/2014 |
| 5/13/2014 | quarterly | $0.42 | 6.05% | 5/20/2014 | 5/22/2014 | 5/30/2014 |
| 2/11/2014 | quarterly | $0.42 | 6.13% | 2/19/2014 | 2/21/2014 | 2/28/2014 |
| 11/12/2013 | quarterly | $0.42 | 6.29% | 11/20/2013 | 11/22/2013 | 11/29/2013 |
| 8/9/2013 | quarterly | $0.42 | 5.7% | 8/21/2013 | 8/23/2013 | 9/3/2013 |
| 5/7/2013 | quarterly | $0.42 | 5.7% | 5/21/2013 | 5/23/2013 | 6/3/2013 |
| 2/12/2013 | quarterly | $0.42 | 6.11% | 2/19/2013 | 2/21/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Headline Trends for Tortoise MLP Fund (NYSE:NTG)
Latest Headlines for Tortoise MLP Fund (NYSE:NTG)
| Source: |
|
| Date | Headline |
|---|
 | Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Aug. 31, 2017
finance.yahoo.com - September 2 at 6:56 AM |
 | Blackstone Just Made MLPs Interesting (Promise!)
www.bloomberg.com - August 23 at 9:27 AM |
 | Tortoise MLP Fund, Inc. (NYSE:NTG) Plans Quarterly Dividend of $0.42
www.americanbankingnews.com - August 8 at 5:46 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2017
finance.yahoo.com - August 2 at 6:27 AM |
| Tortoise Capital Advisors, L.L.C. Announces Release of the 2017 Second Quarter Report for Closed-End Funds (TYG, NTG, TTP, NDP and TPZ)
finance.yahoo.com - July 27 at 5:31 AM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2017
finance.yahoo.com - July 4 at 1:31 AM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of May 31, 2017
finance.yahoo.com - June 2 at 12:46 AM |
 | Don’t Forget MLP ETFs That Don’t Make Money Based on Oil, Gas Prices
www.nasdaq.com - May 13 at 12:37 AM |
| Tortoise MLP Fund, Inc. (NTG) Announces Quarterly Dividend of $0.42
www.americanbankingnews.com - May 10 at 5:56 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of April 30, 2017
finance.yahoo.com - May 2 at 7:10 PM |
| Tortoise MLP Fund (NTG) Given Daily News Impact Rating of 0.12
www.americanbankingnews.com - April 27 at 11:48 PM |
| Tortoise MLP Fund (NTG) Given Media Impact Rating of -0.22
www.americanbankingnews.com - April 24 at 11:20 AM |
| Tortoise MLP Fund (NTG) Given News Sentiment Score of 0.05
www.americanbankingnews.com - April 19 at 12:12 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of March 31, 2017
finance.yahoo.com - April 3 at 11:23 PM |
 | [$$] Tortoise Wins the Race
www.barrons.com - March 4 at 8:48 AM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Feb. 28, 2017
finance.yahoo.com - March 1 at 7:05 PM |
| Court Place Advisors, LLC Buys The Kroger Co, Walt Disney Co, Unilever PLC, Sells International ...
www.nasdaq.com - February 7 at 4:27 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Jan. 31, 2017
finance.yahoo.com - February 1 at 8:00 PM |
 | Want Income? Hold Cash
seekingalpha.com - January 25 at 12:43 AM |
| Tortoise Capital Advisors Announces 2016 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report
finance.yahoo.com - January 19 at 11:22 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Nov. 30, 2016
finance.yahoo.com - December 1 at 6:47 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2016
finance.yahoo.com - November 1 at 6:48 PM |
| Tortoise Capital Advisors, L.L.C. Announces Release of 2016 Third Quarter Report for Closed-End Funds (TYG, NTG, TTP, NDP and TPZ)
finance.yahoo.com - October 24 at 6:12 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Aug. 31, 2016
finance.yahoo.com - September 1 at 6:27 PM |
 | Tortoise MLP Fund, Inc. Provides Unaudited...
www.benzinga.com - August 2 at 6:52 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset ...
finance.yahoo.com - August 2 at 6:52 PM |
| Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2016
finance.yahoo.com - August 1 at 6:15 PM |
| Tortoise Capital Advisors, L.L.C. Announces Release of the 2016 Second Quarter Report for Closed-End Funds (TYG, NTG, TTP, NDP and TPZ)
finance.yahoo.com - July 21 at 5:19 PM |
| MLP Funds Still A Growth Story
finance.yahoo.com - June 22 at 8:37 AM |
| Tortoise MLP Fund, Inc. Announces Upcoming Distribution
finance.yahoo.com - February 9 at 4:55 PM |
| Tortoise MLP Fund, Inc (NTG)
finance.yahoo.com - January 23 at 1:09 PM |
| Crude Oil Has Worst-Ever Start to a Year
www.bloomberg.com - January 7 at 9:14 AM |
| How to Make Money in the Energy Sector
www.bloomberg.com - December 9 at 7:34 AM |
 | This energy investment will bounce in 2016: Trader
www.cnbc.com - December 7 at 3:32 PM |
Tortoise MLP Fund (NTG) Chart for Tuesday, September, 19, 2017
