Tortoise Pipeline & Energy Fund, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Matthew G.P. Sallee CFA
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 6363 College Boulevard Overland Park KS United States of America 66211-1938
- IPO Date
- Oct 27, 2011
- CIK
- 0001526329
- Similar Companies
- Business
- Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) is a diversified, closed-end management investment company that invests primarily in equity securities of domestic and international energy infrastructure companies, with a focus on the North American pipeline and energy infrastructure sector. The Fund offers investors exposure to a portfolio of common stocks, preferred stocks, convertible securities, debt securities, and other equity and debt interests issued by master limited partnerships (MLPs), pipeline companies, natural gas and propane distribution companies, electric transmission and distribution companies, coal, liquids and natural gas gathering, transportation, processing, fractionation and storage companies, and other energy infrastructure companies; it may also engage in investments in derivative instruments and write covered call options on up to 20% of its portfolio to enhance income. Tortoise Pipeline & Energy Fund, Inc. operates with a leveraged capital structure through bank borrowings and seeks to provide a high level of current income and long-term capital appreciation, targeting institutional and retail investors interested in energy sector yield and growth. Founded in 2011 and headquartered in Leawood, Kansas, the Fund is managed by Tortoise Capital Advisors, L.L.C., with geographic operations centered on North American energy markets, including the United States and Canada. Recent strategic changes include the Fund's ongoing portfolio rebalancing amid energy market volatility, with enhanced focus on midstream infrastructure resilience following 2024 acquisitions of key pipeline assets by portfolio holdings and a 2025 distribution policy adjustment to support sustainable shareholder yields in response to favorable regulatory shifts under President Trump's energy independence initiatives.
Tortoise Capital Converts Closed-End Funds Into Active Energy ETF
Tortoise Pipeline & Energy Fund, Inc. Provides Section 19(a) Notice
Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice
Tortoise Capital Announces Excise Distributions for NTG, TTP and NDP
Tortoise Capital Announces Closed-End Fund Distributions
SIT Investment Associates Inc's Strategic Acquisition in Tortoise Pipeline & Energy Fund Inc
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 30, 2024, for TYG, NTG, TTP, NDP and TPZ
Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice
TPZ: More Consolidation In The MLP CEF Space
Tortoise Capital Advisors Plans Merger of Three Closed-End Funds into Active ETF
Tortoise Capital Releases Combined 2024 Closed-End Fund Semi-Annual Report
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 28, 2024, for TYG, NTG, TTP, NDP and TPZ
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2024, for TYG, NTG, TTP, NDP and TPZ
Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice
Tortoise Announces Distribution Amounts for Its Closed-End Funds
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 28, 2024, for TYG, NTG, TTP, NDP and TPZ
Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 29, 2024, for TYG, NTG, TTP, NDP and TPZ
Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power and Energy Infrastructure Fund, Inc. Provide Section 19(a) Notice
Tortoise Announces Distribution Amounts for Its Closed-End Funds