Tortoise Energy Independence Fund, Inc. (NDP)
Tortoise Energy Independence Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Overland Park, KS, US. The stock last traded at $40.40, up 1.90% on the session, giving a market capitalisation of $67.3M. On trailing twelve-month figures it carries a trailing P/E of -112.21, a net margin of 150.8%. Its beta of 1.58 implies it has historically moved more than the broad market.
Managed by Tortoise Capital Advisors L.L.C., the Tortoise Energy Independence Fund, Inc. operates as a closed-end equity mutual fund. Its investment strategy targets public stock markets across North America, with a primary emphasis on companies within the energy industry. To construct its portfolio, the fund employs a bottom-up stock selection methodology, rooted in fundamental analysis, scrutinizing quantitative, qualitative, and relative value metrics. Established on July 26, 2005, the fund is domiciled in the United States.
Tortoise Energy Independence Fund, Inc. is most often compared with the following Financial Services names: