Tortoise Pipeline & Energy Fund
About: Tortoise Pipeline & Energy Fund Inc is a non-diversified, closed-end investment management company. It invests in equity securities of North American pipeline companies that transport natural gas, natural gas liquids, crude oil, and refined products. The company seeks to invest in fixed-income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $32.5M [Q2] → $37.5M (+$4.98M) [Q3]
11% more funds holding
Funds holding: 28 [Q2] → 31 (+3) [Q3]
3.88% more ownership
Funds ownership: 40.34% [Q2] → 44.22% (+3.88%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Research analyst outlook
We haven’t received any recent analyst ratings for TTP.
Financial journalist opinion
Based on 4 articles about TTP published over the past 30 days