TTP
Price:
$47.61
Market Cap:
$95.72M
Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.[Read more]
Industry
Asset Management
IPO Date
2011-10-27
Stock Exchange
NYSE
Ticker
TTP
According to Tortoise Pipeline & Energy Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 32.09%. This represents a change of 298.96% compared to the average of 8.04% of the last 4 quarters.
The mean historical ROE of Tortoise Pipeline & Energy Fund, Inc. over the last ten years is -15.60%. The current 32.09% ROE has changed -305.73% with respect to the historical average. Over the past ten years (40 quarters), TTP's ROE was at its highest in in the May 2016 quarter at 30.46%. The ROE was at its lowest in in the May 2020 quarter at -117.48%.
Average
-15.60%
Median
0.37%
Minimum
-158.77%
Maximum
32.45%
Discovering the peaks and valleys of Tortoise Pipeline & 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 = 960.68%
Maximum Annual ROE = 32.45%
Minimum Annual Increase = -475.09%
Minimum Annual ROE = -158.77%
Year | ROE | Change |
---|---|---|
2023 | 6.24% | -77.15% |
2022 | 27.31% | -15.84% |
2021 | 32.45% | -120.44% |
2020 | -158.77% | 960.68% |
2019 | -14.97% | 171.78% |
2018 | -5.51% | -65.03% |
2017 | -15.75% | -169.15% |
2016 | 22.78% | -133.56% |
2015 | -67.87% | -475.09% |
2014 | 18.09% | -18.27% |
The current ROE of Tortoise Pipeline & Energy Fund, Inc. (TTP) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
22.00%
5-year avg
-21.55%
10-year avg
-15.60%
Tortoise Pipeline & Energy Fund, Inc.’s ROE is less than Tortoise Energy Infrastructure Corporation (25.77%), less than Tortoise Power and Energy Infrastructure Fund, Inc. (23.97%), less than Tortoise Energy Independence Fund, Inc. (28.99%), less than Apollo Tactical Income Fund Inc. (17.44%), 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%), less than Blackhawk Growth Corp. (75.37%), greater than Mount Logan Capital Inc. (-5.59%), less than Urbana Corporation (16.84%), greater than Elysee Development Corp. (-10.70%), less than Guardian Capital Group Limited (8.33%), greater than Flow Capital Corp. (-1.75%), greater than Princeton Capital Corporation (-136.19%),
Company | ROE | Market cap |
---|---|---|
25.77% | $465.58M | |
23.97% | $118.98M | |
28.99% | $67.30M | |
17.44% | $214.41M | |
-2.88% | $167.09M | |
3.70% | $114.19M | |
30.84% | $277.19M | |
17.37% | $56.68M | |
75.37% | $272.36K | |
-5.59% | $43.67M | |
16.84% | $158.00M | |
-10.70% | $5.95M | |
8.33% | $704.08M | |
-1.75% | $18.42M | |
-136.19% | $14.70M |
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How does the current ROE for Tortoise Pipeline & Energy Fund, Inc. (TTP) compare to its historical average?