Tortoise MLP Fund Company Profile (NYSE:NTG)

About Tortoise MLP Fund (NYSE:NTG)

Tortoise MLP Fund logoTortoise 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?

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)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  9 (Vote Outperform)
Underperform Votes:  11 (Vote Underperform)
Total Votes:  20
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.

Analyst Ratings

Consensus Ratings for Tortoise MLP Fund (NYSE:NTG) (How are Consensus Ratings Calculated?)
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

Earnings History for Tortoise MLP Fund (NYSE:NTG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Tortoise MLP Fund (NYSE:NTG)
Current Year EPS Consensus Estimate: $1.67 EPS

Dividends

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 Payments by Quarter for Tortoise MLP Fund (NYSE:NTG)

Dividend History by Quarter for Tortoise MLP Fund (NYSE NTG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2017quarterly$0.429.24%8/22/20178/24/20178/31/2017
5/10/2017quarterly$0.428.4%5/22/20175/24/20175/31/2017
2/13/2017quarterly$0.427.95%2/16/20172/21/20172/28/2017
11/8/2016quarterly$0.429.38%11/21/201611/23/201611/30/2016
8/9/2016quarterly$0.428.82%8/22/20168/24/20168/31/2016
5/11/2016quarterly$0.429.54%5/20/20165/24/20165/31/2016
2/10/2016quarterly$0.4212.87%2/18/20162/22/20162/29/2016
11/10/2015quarterly$0.429.78%11/19/201511/23/201511/30/2015
5/12/2015quarterly$0.426.86%5/20/20155/22/20155/29/2015
5/12/2015quarterly$0.426.86%7/22/20157/24/20157/31/2015
5/12/2015quarterly$0.426.86%8/20/20158/24/20158/31/2015
5/12/2015quarterly$0.426.86%6/19/20156/23/20156/30/2015
2/10/2015quarterly$0.426.47%2/18/20152/20/20152/27/2015
11/11/2014quarterly$0.425.85%11/19/201411/21/201411/28/2014
8/11/2014quarterly$0.425.72%8/20/20148/22/20148/29/2014
5/13/2014quarterly$0.426.05%5/20/20145/22/20145/30/2014
2/11/2014quarterly$0.426.13%2/19/20142/21/20142/28/2014
11/12/2013quarterly$0.426.29%11/20/201311/22/201311/29/2013
8/9/2013quarterly$0.425.7%8/21/20138/23/20139/3/2013
5/7/2013quarterly$0.425.7%5/21/20135/23/20136/3/2013
2/12/2013quarterly$0.426.11%2/19/20132/21/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tortoise MLP Fund (NYSE:NTG)
Insider Trades by Quarter for Tortoise MLP Fund (NYSE:NTG)
Institutional Ownership by Quarter for Tortoise MLP Fund (NYSE:NTG)
Insider Trades by Quarter for Tortoise MLP Fund (NYSE:NTG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/10/2017H Kevin BirzerInsiderBuy100$18.88$1,888.00View SEC Filing  
4/12/2017H Kevin BirzerInsiderBuy100$20.55$2,055.00View SEC Filing  
1/5/2017H Kevin BirzerInsiderBuy100$19.37$1,937.00View SEC Filing  
12/14/2016Matthew SalleeInsiderBuy150$18.87$2,830.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tortoise MLP Fund (NYSE:NTG)
Latest Headlines for Tortoise MLP Fund (NYSE:NTG)
Source:
DateHeadline
finance.yahoo.com logoTortoise 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
bloomberg.com logoBlackstone Just Made MLPs Interesting (Promise!)
www.bloomberg.com - August 23 at 9:27 AM
americanbankingnews.com logoTortoise MLP Fund, Inc. (NYSE:NTG) Plans Quarterly Dividend of $0.42
www.americanbankingnews.com - August 8 at 5:46 PM
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
nasdaq.com logoDon’t Forget MLP ETFs That Don’t Make Money Based on Oil, Gas Prices
www.nasdaq.com - May 13 at 12:37 AM
americanbankingnews.com logoTortoise MLP Fund, Inc. (NTG) Announces Quarterly Dividend of $0.42
www.americanbankingnews.com - May 10 at 5:56 PM
finance.yahoo.com logoTortoise 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
americanbankingnews.com logoTortoise MLP Fund (NTG) Given Daily News Impact Rating of 0.12
www.americanbankingnews.com - April 27 at 11:48 PM
americanbankingnews.com logoTortoise MLP Fund (NTG) Given Media Impact Rating of -0.22
www.americanbankingnews.com - April 24 at 11:20 AM
americanbankingnews.com logoTortoise MLP Fund (NTG) Given News Sentiment Score of 0.05
www.americanbankingnews.com - April 19 at 12:12 PM
finance.yahoo.com logoTortoise 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
barrons.com logo[$$] Tortoise Wins the Race
www.barrons.com - March 4 at 8:48 AM
finance.yahoo.com logoTortoise 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
nasdaq.com logoCourt Place Advisors, LLC Buys The Kroger Co, Walt Disney Co, Unilever PLC, Sells International ...
www.nasdaq.com - February 7 at 4:27 PM
finance.yahoo.com logoTortoise 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
seekingalpha.com logoWant Income? Hold Cash
seekingalpha.com - January 25 at 12:43 AM
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
benzinga.com logoTortoise MLP Fund, Inc. Provides Unaudited...
www.benzinga.com - August 2 at 6:52 PM
finance.yahoo.com logoTortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset ...
finance.yahoo.com - August 2 at 6:52 PM
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoTortoise 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
finance.yahoo.com logoMLP Funds Still A Growth Story
finance.yahoo.com - June 22 at 8:37 AM
finance.yahoo.com logoTortoise MLP Fund, Inc. Announces Upcoming Distribution
finance.yahoo.com - February 9 at 4:55 PM
finance.yahoo.com logoTortoise MLP Fund, Inc (NTG)
finance.yahoo.com - January 23 at 1:09 PM
bloomberg.com logoCrude Oil Has Worst-Ever Start to a Year
www.bloomberg.com - January 7 at 9:14 AM
bloomberg.com logoHow to Make Money in the Energy Sector
www.bloomberg.com - December 9 at 7:34 AM
cnbc.com logoThis energy investment will bounce in 2016: Trader
www.cnbc.com - December 7 at 3:32 PM

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Chart

Tortoise MLP Fund (NTG) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff