Tortoise Midstream Energy Fund, Inc. (NTG) Research
The Tortoise MLP Fund, Inc. operates as a closed-end equity mutual fund, under the stewardship of Tortoise Capital Advisors L.L.C. Its investment strategy involves deploying capital primarily within publicly traded equity markets. The fund's core focus is on equity securities issued by Master Limited Partnerships (MLPs) and their related entities, with a particular emphasis on MLPs operating within the natural gas infrastructure sector. To construct its portfolio, it utilizes a fundamental, bottom-up stock selection methodology, carefully assessing quantitative, qualitative, and relative valuation metrics. This fund was established on July 27, 2010, and holds its domicile in the United States.
Market snapshot
- Symbol
- NTG
- Price
- $53.36
- Day change
- +2.74%
- Market cap
- $271.8M
- P/E ratio
- 39.10x
- 52-week range
- 33.555-59.45
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Goldman Sachs MLP and Energy Renaissance Fund (GER)
- Miller/Howard High Income Equity Fund (HIE)
- Blackrock MuniYield California Fund, Inc. (MYC)
- BlackRock MuniYield New Jersey Fund, Inc. (MYJ)
- Tortoise Energy Independence Fund, Inc. (NDP)
- Nuveen Enhanced Municipal Value Fund (NEV)
- Pioneer High Income Fund, Inc. (PHT)
- Salient Midstream & MLP Fund (SMM)
Recent insider activity
- Saba Capital Management, L.P. — J-Other (515345 shares) on 2024-12-23
- Saba Capital Management, L.P. — J-Other (515345 shares) on 2024-12-23
- MetLife Investment Management, LLC — J-Other (28479 shares) on 2024-12-23
- Saba Capital Management, L.P. — S-Sale (422 shares) on 2024-12-16
- Saba Capital Management, L.P. — P-Purchase (4725 shares) on 2024-08-30
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