About Tortoise MLP Fund (NYSE:NTG)
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
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
Tortoise MLP Fund (NYSE:NTG) Frequently Asked Questions
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, November 7th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.4225 per share on Thursday, November 30th. This represents a $1.69 annualized dividend and a dividend yield of 8.73%. The ex-dividend date of this dividend is Tuesday, November 21st. 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 AllianceBernstein Income Fund (ACG), Tortoise Energy Infrastructure (TYG), Liberty All-Star Equity Fund (USA), Apollo Investment (AINV), John Laing Infrastructure Fund Ld (JLIF), TPG Specialty Lending (TSLX), Blackrock Taxable Municipal Bond Trust (BBN), Hercules Capital (HTGC), Golub Capital BDC (GBDC), New Mountain Finance (NMFC), Eaton Vance Tax Managed Buy Write Opport (ETV), TCP Capital (TCPC), BlackRock Enhanced Global Dividend Trust (BOE), Solar Capital (SLRC), Eaton Vance Floating-Rate Income Trust (EFT), Pennantpark Floating Rate Capital (PFLT), Clearbridge Energy MLP Total Return Fund (CTR) and PennantPark Investment (PNNT).
Who are Tortoise MLP Fund's key executives?
Tortoise MLP Fund's management team includes the folowing people:
- H. Kevin Birzer CFA, Chairman, Independent Director (Age 58)
- Zachary A. Hamel CFA, President (Age 52)
- Matthew G. P. Sallee, President (Age 39)
- Terry C. Matlack CFA, Chief Executive Officer, Director (Age 61)
- P. Bradley Adams, Chief Financial Officer (Age 57)
- Kenneth P. Malvey, Senior Vice President, Treasurer (Age 52)
- David J. Schulte CPA, Senior Vice President (Age 56)
- Charles E. Heath, Lead Independent Director (Age 75)
- Rand C. Berney, Independent Director (Age 62)
- Conrad S. Ciccotello, Independent Director (Age 57)
Who owns Tortoise MLP Fund stock?
Tortoise MLP Fund's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Sit Investment Associates Inc. (1.65%). Company insiders that own Tortoise MLP Fund stock include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee, Prudential Financial Inc, Robert Joseph Jr Thummel and Terry Matlack. View Institutional Ownership Trends for Tortoise MLP Fund.
Who bought Tortoise MLP Fund stock? Who is buying Tortoise MLP Fund stock?
Tortoise MLP Fund's stock was purchased by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. Company insiders that have bought Tortoise MLP Fund stock in the last two years include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee, Prudential Financial Inc, Robert Joseph Jr Thummel and Terry Matlack. 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 with access to the U.S. stock market 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 $19.36.
How big of a company is Tortoise MLP Fund?
Tortoise MLP Fund has a market capitalization of $913.75 million.
How can I contact Tortoise MLP Fund?
Tortoise MLP Fund's mailing address is 11550 Ash St Ste 300, LEAWOOD, KS 66211-7811, United States. The investment management company can be reached via phone at +1-913-9811020.
MarketBeat Community Rating for Tortoise MLP Fund (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.
Tortoise MLP Fund (NYSE:NTG) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Tortoise MLP Fund (NYSE:NTG)
No earnings announcements for this company have been tracked by MarketBeat.com
Tortoise MLP Fund (NYSE:NTG) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Tortoise MLP Fund (NYSE:NTG) Dividend Information
|Most Recent Dividend:||11/30/2017|
|Dividend Growth:||0.10% (3 Year Average)|
Tortoise MLP Fund (NYSE:NTG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Tortoise MLP Fund (NYSE NTG) Insider Trading and Institutional Ownership History
Tortoise MLP Fund (NYSE NTG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/13/2017||Prudential Financial Inc||Major Shareholder||Buy||32,000,000||$26,562,500.00||$850,000,000,000,000.00|| |
|12/12/2017||Terry Matlack||Insider||Buy||1,500||$16.37||$24,555.00|| |
|11/30/2017||Robert Joseph Jr. Thummel||Insider||Buy||650||$15.55||$10,107.50|| |
|11/29/2017||Conrad S Ciccotello||Director||Buy||100||$15.17||$1,517.00|| |
|11/16/2017||Matthew Sallee||Insider||Buy||1,000||$16.35||$16,350.00|| |
|7/10/2017||H Kevin Birzer||Insider||Buy||100||$18.88||$1,888.00||5,468|| |
|4/12/2017||H Kevin Birzer||Insider||Buy||100||$20.55||$2,055.00||5,368|| |
|1/5/2017||H Kevin Birzer||Insider||Buy||100||$19.37||$1,937.00||5,268|| |
|12/14/2016||Matthew Sallee||Insider||Buy||150||$18.87||$2,830.50||950|| |
Tortoise MLP Fund (NYSE NTG) News Headlines
|BRIEF-Tortoise MLP Fund Provides Balance Sheet Information As Of Dec. 31|
www.reuters.com - January 3 at 12:04 AM
|Tortoise MLP Fund, Inc. (NTG) Major Shareholder Prudential Financial Inc Purchases 32,000,000 Shares|
www.americanbankingnews.com - December 14 at 5:34 PM
|Insider Buying: Tortoise MLP Fund, Inc. (NTG) Insider Buys 1,500 Shares of Stock|
www.americanbankingnews.com - December 13 at 10:20 PM
|Tortoise MLP Fund, Inc. (NTG) Insider Robert Joseph Jr. Thummel Acquires 650 Shares|
www.americanbankingnews.com - November 30 at 5:08 PM
|Tortoise MLP Fund, Inc. (NTG) Insider Purchases $16,350.00 in Stock|
www.americanbankingnews.com - November 16 at 9:44 PM
|Tortoise MLP Fund, Inc. (NTG) Announces $0.42 Quarterly Dividend|
www.americanbankingnews.com - November 7 at 5:54 PM
|Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2017|
finance.yahoo.com - November 2 at 7:03 AM
|Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Sept. 30, 2017|
finance.yahoo.com - October 2 at 11:48 PM
|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
|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 Wins the Race|
www.barrons.com - March 4 at 8:48 AM
|Court Place Advisors, LLC Buys The Kroger Co, Walt Disney Co, Unilever PLC, Sells International ...|
www.nasdaq.com - February 7 at 4:27 PM
|Want Income? Hold Cash|
seekingalpha.com - January 25 at 12:43 AM
|Tortoise MLP Fund, Inc. Provides Unaudited...|
www.benzinga.com - August 2 at 6:52 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 (NYSE:NTG) SEC Filings
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Tortoise MLP Fund (NYSE:NTG) Income Statement, Balance Sheet and Cash Flow Statement
Tortoise MLP Fund (NYSE NTG) Stock Chart for Tuesday, January, 16, 2018