Tortoise Energy Independence Fund, Inc. (NDP)
33.96
-0.18
(-0.53%)
USD |
NYSE |
Apr 26, 12:58
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.30% | -15.95% | 67.13M | 2544.30 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0% | 14.33% | -21.98M | Upgrade |
Basic Info
| Investment Strategy | |
| NDP has an investment objective of providing stockholders a high level of total return with an emphasis on current distributions. NDP invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a significant presence in North American oil and gas fields, including shale reservoirs. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Equity Energy |
| Category Index | S&P 1500 Energy TR |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| S&P 500 Energy TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Brian Kessens | 8.76 yrs |
| James Mick | 8.76 yrs |
| Matthew Sallee | 8.76 yrs |
| Robert Thummel | 8.76 yrs |
| Stephen Pang | 8.76 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
| Investment Strategy | |
| NDP has an investment objective of providing stockholders a high level of total return with an emphasis on current distributions. NDP invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a significant presence in North American oil and gas fields, including shale reservoirs. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Equity Energy |
| Category Index | S&P 1500 Energy TR |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| S&P 500 Energy TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Brian Kessens | 8.76 yrs |
| James Mick | 8.76 yrs |
| Matthew Sallee | 8.76 yrs |
| Robert Thummel | 8.76 yrs |
| Stephen Pang | 8.76 yrs |