NTG
Price:
$53.36
Market Cap:
$271.75M
Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States.[Read more]
Industry
Asset Management
IPO Date
2010-07-29
Stock Exchange
NYSE
Ticker
NTG
According to Tortoise Midstream Energy Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 31.57%. This represents a change of 524.27% compared to the average of 5.06% of the last 4 quarters.
The mean historical ROE of Tortoise Midstream Energy Fund, Inc. over the last ten years is -32.28%. The current 31.57% ROE has changed -197.80% with respect to the historical average. Over the past ten years (40 quarters), NTG's ROE was at its highest in in the November 2023 quarter at 16.43%. The ROE was at its lowest in in the May 2020 quarter at -302.08%.
Average
-32.28%
Median
2.85%
Minimum
-329.04%
Maximum
31.03%
Discovering the peaks and valleys of Tortoise Midstream Energy Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.46%
Maximum Annual ROE = 31.03%
Minimum Annual Increase = -942.88%
Minimum Annual ROE = -329.04%
Year | ROE | Change |
---|---|---|
2023 | 3.20% | -88.45% |
2022 | 27.73% | -10.63% |
2021 | 31.03% | -109.43% |
2020 | -329.04% | 1.46% |
2019 | -21.04% | -942.88% |
2018 | 2.50% | -125.40% |
2017 | -9.83% | -183.59% |
2016 | 11.76% | -123.10% |
2015 | -50.90% | -531.80% |
2014 | 11.79% | -35.76% |
The current ROE of Tortoise Midstream Energy Fund, Inc. (NTG) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
20.65%
5-year avg
-57.62%
10-year avg
-32.28%
Tortoise Midstream Energy Fund, Inc.’s ROE is less than Tortoise Power and Energy Infrastructure Fund, Inc. (23.97%), less than Kayne Anderson NextGen Energy & Infrastructure, Inc. (1.72%), less than Ecofin Sustainable and Social Impact Term Fund (2.38%), less than RiverNorth Opportunistic Municipal Income Fund, Inc. (7.22%), less than Tortoise Energy Independence Fund, Inc. (28.99%), greater than Flow Capital Corp. (-1.75%), less than Blackhawk Growth Corp. (75.37%), greater than Mount Logan Capital Inc. (-5.59%), less than Tortoise Energy Infrastructure Corporation (25.77%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.34%), less than Destra Multi-Alternative Fund (7.05%), less than NXG NextGen Infrastructure Income Fund (7.57%), less than Tortoise Pipeline & Energy Fund, Inc. (32.09%), greater than Invesco High Income 2023 Target Term Fund (-2.88%), less than Abrdn Australia Equity Fund Inc (3.70%), less than ClearBridge MLP and Midstream Total Return Fund Inc. (30.84%), less than Nuveen Multi-Market Income Fund (17.37%), greater than AllianceBernstein National Municipal Income Fund, Inc. (-4.29%), less than Eaton Vance Short Duration Diversified Income Fund (11.96%), less than Virtus Diversified Income & Convertible Fund (13.24%), less than Ares Dynamic Credit Allocation Fund, Inc. (15.84%), less than DWS Municipal Income Trust (3.59%),
Company | ROE | Market cap |
---|---|---|
23.97% | $118.98M | |
1.72% | $316.93M | |
2.38% | $161.49M | |
7.22% | $94.92M | |
28.99% | $67.30M | |
-1.75% | $18.42M | |
75.37% | $272.36K | |
-5.59% | $43.67M | |
25.77% | $465.58M | |
-1.34% | $76.97M | |
7.05% | $75.92M | |
7.57% | $116.95M | |
32.09% | $95.72M | |
-2.88% | $167.09M | |
3.70% | $114.19M | |
30.84% | $277.19M | |
17.37% | $56.68M | |
-4.29% | $312.46M | |
11.96% | $147.20M | |
13.24% | $231.58M | |
15.84% | $346.70M | |
3.59% | $370.57M |
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How does the current ROE for Tortoise Midstream Energy Fund, Inc. (NTG) compare to its historical average?