NDP News and Press, Tortoise Energy Independence Fund Inc. From 01/11/21

17 out of 23 CEF sectors positive on price and 19 out of 23 sectors positive on NAV last week. PPR tender offer expires on January 4, 2021, and our Tactical Income-100 portfolio is tendering all shares. NHF's extended tender offer also expired. For further details see: W...

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of December 31, 2020, the company’s unaudited total a...

Another fund making the shift to a 'greener' future, after several made the switch earlier this year. TYG, along with other Tortoise funds; NDP and TTP, are going through some changes. I focus on TYG and why it might be worth taking a chance on at this point. For further det...

As the year is starting to wind down, I wanted to take an updated look at what distribution changes happened throughout the year. We had previously done this for a more specific time frame; the time frame of the pandemic to shortly after in June. Again, I'm surprised at how resili...

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of November 30, 2020, the company’s unaudited total a...

Tortoise proposes a merger between NDP and TTP. The merger requires shareholder approval, and will be completed in the first half of 2021. The new fund will focus on "global energy evolution. Investors in NDP and TTP may choose to switch funds if they wish to maintain their pr...

Tortoise announced today that following a strategic review of the funds, the Board of Directors has approved a proposal to merge Tortoise Energy Independence Fund, Inc. (NDP) with and into Tortoise Pipeline & Energy Fund, Inc. (TTP). The newly combined fund will have an investment s...

As winter approaches, more development and exploration drilling activity is beginning to ramp up on the North Slope of Alaska. ConocoPhillips, the basin leader, and a large group of small independents are gearing up for exploration and development activity throughout the basin. Th...

The U.S. officially pulled out of the Paris Climate Agreement yesterday after giving the required year's notice on Nov. 4, 2019.It makes the country the only one of 197 signatories to have withdrawn from the deal struck in 2015, and which Joe Biden has said would be revived if elected preside...

The combined 2020 third quarter stockholders’ report for TYG, NTG, TTP, NDP, TPZ and TEAF has been released. This report is available online at cef.tortoiseecofin.com . Please call (866) 362-9331 or email info@tortoiseadvisors.com to request hard copies of this report fre...