Tortoise MLP Fund Stock Price, News & Analysis (NYSE:NTG)

$16.36 0.05 (0.31 %)
(As of 12/13/2017 02:16 AM ET)
Previous Close$16.31
Today's Range$16.22 - $16.60
52-Week Range$14.91 - $21.84
Volume359,800 shs
Average Volume131,070 shs
Market Capitalization$739.88 million
P/E RatioN/A
Dividend Yield10.79%
Beta0.79

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.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:NTG
CUSIPN/A
WebN/A
Phone+1-913-9811020

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares47,250,000

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. Shareholders 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 dividend on an annualized basis and a yield of 10.33%. 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?

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 number of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (1.62%), Oxbow Advisors LLC (0.00%), Sit Investment Associates Inc. (0.00%), Advisors Asset Management Inc. (1.06%), Crescent Grove Advisors LLC (0.94%) and Fiduciary Trust Co. (0.00%). Company insiders that own Tortoise MLP Fund stock include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee and Robert Joseph Jr Thummel. 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 Sit Investment Associates Inc., Allen Investment Management LLC, Fiduciary Trust Co., Advisors Asset Management Inc., Founders Financial Securities LLC and Oppenheimer & Co. 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 purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Raymond James Financial Services Advisors Inc., Oxbow Advisors LLC, Northern Capital Management LLC, Lee Financial Co, Stifel Financial Corp, Sterling Capital Management LLC and Crescent Grove Advisors LLC. Company insiders that have bought Tortoise MLP Fund stock in the last two years include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee and Robert Joseph Jr Thummel. 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 $16.36.

How big of a company is Tortoise MLP Fund?

Tortoise MLP Fund has a market capitalization of $739.88 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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  17 (Vote Underperform)
Total Votes:  43
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

Tortoise MLP Fund (NYSE:NTG) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Tortoise MLP Fund (NYSE:NTG)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Tortoise MLP Fund (NYSE:NTG) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Tortoise MLP Fund (NYSE:NTG) Dividend Information

Most Recent Dividend:11/30/2017
Annual Dividend:$1.69
Dividend Yield:10.33%
Dividend Growth:0.30% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Tortoise MLP Fund (NYSE:NTG)

Tortoise MLP Fund (NYSE:NTG) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/7/2017quarterly$0.429.64%11/21/201711/22/201711/30/2017
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

Tortoise MLP Fund (NYSE NTG) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Tortoise MLP Fund (NYSE:NTG)
Insider Trades by Quarter for Tortoise MLP Fund (NYSE:NTG)

Tortoise MLP Fund (NYSE NTG) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/30/2017Robert Joseph Jr. ThummelInsiderBuy650$15.55$10,107.50View SEC Filing  
11/29/2017Conrad S CiccotelloDirectorBuy100$15.17$1,517.00View SEC Filing  
11/16/2017Matthew SalleeInsiderBuy1,000$16.35$16,350.00View SEC Filing  
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

Tortoise MLP Fund (NYSE NTG) News Headlines

Source:
DateHeadline
Tortoise MLP Fund, Inc. (NTG) Insider Robert Joseph Jr. Thummel Acquires 650 SharesTortoise 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 StockTortoise 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 DividendTortoise 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, 2017Tortoise 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, 2017Tortoise 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, 2017Tortoise 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!)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 $0.42Tortoise 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, 2017Tortoise 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)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, 2017Tortoise 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 PricesDon’t Forget MLP ETFs That Don’t Make Money Based on Oil, Gas Prices
www.nasdaq.com - May 13 at 12:37 AM
[$$] Tortoise Wins the Race[$$] 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 ...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 CashWant Income? Hold Cash
seekingalpha.com - January 25 at 12:43 AM
Tortoise MLP Fund, Inc. Provides Unaudited...Tortoise MLP Fund, Inc. Provides Unaudited...
www.benzinga.com - August 2 at 6:52 PM
Crude Oil Has Worst-Ever Start to a YearCrude Oil Has Worst-Ever Start to a Year
www.bloomberg.com - January 7 at 9:14 AM
How to Make Money in the Energy SectorHow to Make Money in the Energy Sector
www.bloomberg.com - December 9 at 7:34 AM
This energy investment will bounce in 2016: TraderThis energy investment will bounce in 2016: Trader
www.cnbc.com - December 7 at 3:32 PM

SEC Filings

Tortoise MLP Fund (NYSE:NTG) SEC Filings

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Social Media

Financials

Tortoise MLP Fund (NYSE:NTG) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Tortoise MLP Fund (NYSE NTG) Stock Chart for Wednesday, December, 13, 2017

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This page was last updated on 12/13/2017 by MarketBeat.com Staff

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