Tortoise Midstream Energy Fund, Inc. (NTG)
38.67
+0.22
(+0.57%)
USD |
NYSE |
Apr 23, 13:29
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 3.14% | -18.12% | 239.16M | 11404.17 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.77% | 56.07% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| To provide stockholders a high level of total return with an emphasis on current distributions paid to stockholders. NTG invests primarily in midstream energy entities that own and operate a network of pipeline and energy-related logistical infrastructure assets with an emphasis on those that transport, gather, process and store natural gas and natural gas liquids (NGLs). NTG targets midstream energy entities. NTG invests at least 80% of its total investments in equity securities of midstream energy entities in the energy infrastructure sector, including MLPs, with at least 50% of its total investments in equity securities of natural gas infrastructure entities. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Specialty - Natural Resources |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| No benchmark | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Robert Thummel | 13.69 yrs |
| Brian Kessens | 8.76 yrs |
| James Mick | 8.76 yrs |
| Matthew Sallee | 8.76 yrs |
| Nicholas Holmes | 8.76 yrs |
| Stephen Pang | 8.76 yrs |
Performance Versus Category
As of April 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 22, 2024.
Basic Info
| Investment Strategy | |
| To provide stockholders a high level of total return with an emphasis on current distributions paid to stockholders. NTG invests primarily in midstream energy entities that own and operate a network of pipeline and energy-related logistical infrastructure assets with an emphasis on those that transport, gather, process and store natural gas and natural gas liquids (NGLs). NTG targets midstream energy entities. NTG invests at least 80% of its total investments in equity securities of midstream energy entities in the energy infrastructure sector, including MLPs, with at least 50% of its total investments in equity securities of natural gas infrastructure entities. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Specialty - Natural Resources |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| No benchmark | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Robert Thummel | 13.69 yrs |
| Brian Kessens | 8.76 yrs |
| James Mick | 8.76 yrs |
| Matthew Sallee | 8.76 yrs |
| Nicholas Holmes | 8.76 yrs |
| Stephen Pang | 8.76 yrs |