Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:TYG
Previous Symbol
CUSIPN/A
WebN/A
PhoneN/A
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 / Cash FlowN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares53,570,000
Market Cap$1.18 billion
OptionableNot Optionable
Tortoise Energy Infrastructure (NYSE:TYG) Frequently Asked Questions
What is Tortoise Energy Infrastructure's stock symbol?
Tortoise Energy Infrastructure trades on the New York Stock Exchange (NYSE) under the ticker symbol "TYG."
How often does Tortoise Energy Infrastructure pay dividends? What is the dividend yield for Tortoise Energy Infrastructure?
Tortoise Energy Infrastructure announced a quarterly dividend on Monday, November 5th. Shareholders of record on Friday, November 23rd will be paid a dividend of $0.655 per share on Friday, November 30th. This represents a $2.62 dividend on an annualized basis and a yield of 11.92%. The ex-dividend date is Wednesday, November 21st. View Tortoise Energy Infrastructure's Dividend History.
Has Tortoise Energy Infrastructure been receiving favorable news coverage?
Media stories about TYG stock have trended positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tortoise Energy Infrastructure earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Tortoise Energy Infrastructure's key competitors?
Some companies that are related to Tortoise Energy Infrastructure include DNP Select Income Fund (DNP), Nuveen Municipal Value Fund (NUV), Gabelli Equity Trust (GAB), Tri-Continental (TY), Adams Diversified Equity Fund (ADX), Royce Value Trust (RVT), PIMCO Corporate&Income Opportunity Fund (PTY), Hercules Capital (HTGC), Liberty All-Star Equity Fund (USA), Boulder Growth & Income Fund (BIF), Apollo Investment (AINV), PIMCO High Income Fund (PHK), AllianceBernstein Global Hgh Incm Fd (AWF), Solar Capital (SLRC) and Tekla Healthcare Investors (HQH).
Who are Tortoise Energy Infrastructure's key executives?
Tortoise Energy Infrastructure's management team includes the folowing people:
- Mr. H. Kevin Birzer CFA, CPA, MBA,BBA, Chairman and Sr. Managing Director of Tortoise Capital Advisors Llc (Age 59)
- Mr. Terry Clyde Matlack CFA, J.D., Chief Exec. Officer and Director (Age 62)
- Mr. Matthew G.P. Sallee CFA, Pres
- Mr. Brent Wayne Behrens CFA, Principal Financial Officer and Treasurer (Age 39)
- Ms. Diane Marie Bono J.D., Chief Compliance Officer and Sec.
Who are Tortoise Energy Infrastructure's major shareholders?
Tortoise Energy Infrastructure's stock is owned by a number of of institutional and retail investors. Top institutional investors include Morgan Stanley (4.13%), Uniplan Investment Counsel Inc. (1.27%), Commerce Bank (1.00%), Wells Fargo & Company MN (0.78%), Cedar Hill Associates LLC (0.58%) and Parkside Investments LLC (0.49%). Company insiders that own Tortoise Energy Infrastructure stock include Alexandra Herger, Brian Alan Kessens, Conrad S Ciccotello, H Kevin Birzer, Jennifer Paquette, Kenneth P Malvey, Matthew Sallee, Nicholas Scott Holmes, P Bradley Adams, Prudential Financial Inc, Robert Joseph Jr Thummel and Terry Matlack. View Institutional Ownership Trends for Tortoise Energy Infrastructure.
Which major investors are selling Tortoise Energy Infrastructure stock?
TYG stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc., Allen Investment Management LLC, Rivernorth Capital Management LLC, LVM Capital Management Ltd. MI, Cornerstone Wealth Management LLC, Advisors Asset Management Inc., Whitnell & Co. and Cedar Hill Associates LLC. View Insider Buying and Selling for Tortoise Energy Infrastructure.
Which major investors are buying Tortoise Energy Infrastructure stock?
TYG stock was purchased by a variety of institutional investors in the last quarter, including Paragon Capital Management LLC, Montag A & Associates Inc., Creative Planning, UMB Bank N A MO, Morgan Stanley, Commerce Bank, Wells Fargo & Company MN and First Republic Investment Management Inc.. Company insiders that have bought Tortoise Energy Infrastructure stock in the last two years include Alexandra Herger, Brian Alan Kessens, Conrad S Ciccotello, H Kevin Birzer, Jennifer Paquette, Kenneth P Malvey, Matthew Sallee, Nicholas Scott Holmes, P Bradley Adams, Prudential Financial Inc, Robert Joseph Jr Thummel and Terry Matlack. View Insider Buying and Selling for Tortoise Energy Infrastructure.
How do I buy shares of Tortoise Energy Infrastructure?
Shares of TYG 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 Energy Infrastructure's stock price today?
One share of TYG stock can currently be purchased for approximately $21.98.
How big of a company is Tortoise Energy Infrastructure?
Tortoise Energy Infrastructure has a market capitalization of $1.18 billion.
MarketBeat Community Rating for Tortoise Energy Infrastructure (NYSE TYG)
MarketBeat's community ratings are surveys of what our community members think about Tortoise Energy Infrastructure and other stocks. Vote "Outperform" if you believe TYG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TYG will underperform the S&P 500 over the long term. You may vote once every thirty days.
