Tortoise Midstream Energy Fund, Inc. (NTG)
Tortoise Midstream Energy Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Overland Park, KS, US. The stock last traded at $53.36, up 2.74% on the session, giving a market capitalisation of $271.8M. On trailing twelve-month figures it carries a trailing P/E of 39.24, a net margin of 22.1%. Its beta of 0.88 implies it has historically moved less than the broad market.
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.
Tortoise Midstream Energy Fund, Inc. is most often compared with the following Financial Services names: