Tortoise Mlp Closed Fund Quote
| NTG Fund | USD 38.45 0.37 0.97% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Tortoise Mlp is trading at 38.45 as of the 23rd of April 2024. This is a 0.97 percent increase since the beginning of the trading day. The fund's lowest day price was 38.06. Tortoise Mlp has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Tortoise Mlp Closed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States. Tortoise MLP operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 5.64 M outstanding shares of which 101.39 K shares are now shorted by investors with about 4.51 days to cover. More on Tortoise Mlp Closed
Moving together with Tortoise Fund
| 0.86 | SMPIX | Semiconductor Ultrasector | PairCorr |
| 0.72 | LETRX | Voya Russia Fund | PairCorr |
| 0.85 | SMPSX | Semiconductor Ultrasector | PairCorr |
| 0.72 | IIRFX | Voya Russia Fund | PairCorr |
| 0.72 | IWRFX | Voya Russia Fund | PairCorr |
| 0.81 | UJPIX | Ultrajapan Profund | PairCorr |
| 0.81 | UJPSX | Ultrajapan Profund | PairCorr |
Tortoise Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tortoise Mlp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tortoise Mlp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | P Adams |
| Old Names | [Redde Northgate plc, Netgem SA] |
| Fund Concentration | Energy Limited Partnership Funds, OMX Copenhagen All Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Tortoise Mlp Closed [NTG] is traded in USA and was established 23rd of April 2024. The fund is not categorized under any group at the present time. Tortoise Mlp Closed now has in assets with no minimum investment requirementsThe fund is currently generating return of 11.95% with the current yeild of 0.14%, while the total return for the last 3 years was 18.35%.
Tortoise Mlp Closed has about 38.91 M in cash with 73.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Tortoise Mlp Probability Of Bankruptcy
Tortoise Mlp Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Tortoise Mlp jumping above the current price in 90 days from now is about 10.18%. The Tortoise Mlp Closed probability density function shows the probability of Tortoise Mlp fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Tortoise Mlp has a beta of 0.9133. This indicates Tortoise Mlp Closed market returns are reactive to returns on the market. As the market goes up or down, Tortoise Mlp is expected to follow. Additionally, tortoise Mlp Closed has an alpha of 0.1162, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tortoise Mlp to move above the current price in 90 days from now is about 10.18 (This Tortoise Mlp Closed probability density function shows the probability of Tortoise Fund to fall within a particular range of prices over 90 days) .
Tortoise Mlp Top Holders
| HAISX | Harbor International Small | Mutual Fund | Foreign Small/Mid Value |
| HIISX | Harbor International Small | Mutual Fund | Foreign Small/Mid Value |
| HNISX | Harbor International Small | Mutual Fund | Foreign Small/Mid Value |
| HRISX | Harbor International Small | Mutual Fund | Foreign Small/Mid Value |
Tortoise Mlp Closed Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tortoise Mlp market risk premium is the additional return an investor will receive from holding Tortoise Mlp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tortoise Mlp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tortoise Mlp's alpha and beta are two of the key measurements used to evaluate Tortoise Mlp's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1253 | |||
| Jensen Alpha | 0.1162 | |||
| Total Risk Alpha | 0.0641 | |||
| Sortino Ratio | 0.1118 |
Tortoise Mlp Against Markets
Picking the right benchmark for Tortoise Mlp fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tortoise Mlp fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tortoise Mlp is critical whether you are bullish or bearish towards Tortoise Mlp Closed at a given time. Please also check how Tortoise Mlp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tortoise Mlp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Tortoise Fund?
Before investing in Tortoise Mlp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tortoise Mlp. To buy Tortoise Mlp fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tortoise Mlp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tortoise Mlp fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tortoise Mlp Closed fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tortoise Mlp Closed fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Tortoise Mlp Closed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Tortoise Mlp Closed?
The danger of trading Tortoise Mlp Closed is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tortoise Mlp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tortoise Mlp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tortoise Mlp Closed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Tortoise Mlp Closed. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.