Tortoise Pipeline & Energy Fund Inc Stock News

22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.

9 out of 22 CEF sectors positive on price and 12 out of 22 sectors positive on NAV. Tortoise tender offers are announced. Tender offers are part of the funds' discount management program.

Pipeline companies and MLPs are very good investments for income investors. These companies are very recession-resistant, pay out high yields, and have forward growth potential.

The TTP fund invests in pipelines and other energy infrastructure companies. It has an attractive 8.5% current distribution yield.

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

TTP offers a 9.4% yield and trades at a -14% discount to NAV. The upcoming tender offer should help to close the discount and improve the market price of the fund.

TTP trades at a -15% discount to NAV and offers a 9% annual yield for income-oriented investors. Compared to several other MLP funds, TTP offers the best YTD and 1-year total return.

NRGX: Gets A Boost, Discount Stays Wide

CEF Weekly Market Review: When It Rains It Pours

TEAF: Persistent Discount Continuing To Leave Opportunity For Investors

NDP: Reinstates Distribution, Continues As A Somewhat Speculative Fund

LEAWOOD, KS / ACCESSWIRE / July 1, 2021 / TortoiseEcofin today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoi