Tortoise Energy Independence Fund Inc logo

Tortoise Energy Independence Fund Inc (NDP)

Market Closed
NYSE NYSE
$
$
67.3M Market Cap
- Div Yield
- Volume
$
Previous Close
Day Range
0 0
Year Range
0 0
Want to track NDP and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Tortoise Capital Lists New Active Energy ETF

Tortoise Capital Lists New Active Energy ETF

On Monday, Tortoise Capital expanded its fund library with the launch of the Tortoise Energy Fund (TNGY). Formerly a mutual fund, the Tortoise Energy Fund is now an ETF available on the New York Stock Exchange.

Etftrends | 1 week ago
Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF

Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF

Actively Managed ETF Aims to Offer Investors Greater Liquidity at Net Asset Value OVERLAND PARK, KS / ACCESSWIRE / August 6, 2024 / Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on traditional energy and power infrastructure investing, today announced its plans to merge three of its closed-end funds into a newly formed actively managed exchange-traded fund (ETF), Tortoise Power and Energy Infrastructure ETF.

Accesswire | 10 months ago
NDP: Potential Shake-Up On The Horizon

NDP: Potential Shake-Up On The Horizon

NDP has delivered attractive total return results since our prior update, driven by the energy sector's performance and a narrowing discount. The fund's leverage, high expense ratio, and small AUM pose risks that investors need to consider - but potential activist pressure could lead to changes coming soon. NDP's distribution is trading below the NAV target payout range of 7-10%, and that could indicate that it is due for an increase in its quarterly payout.

Seekingalpha | 11 months ago