Tortoise Midstream Energy Fund, Inc.

Frequently Asked Questions About NTG

What does NTG invest in?

The Tortoise MLP Fund, Inc. operates as a closed-end equity mutual fund, under the stewardship of Tortoise Capital Advisors L.L.C. Its investment strategy involves deploying capital primarily within publicly traded equity markets. The fund's core focus is on equity securities issued by Master Limited Partnerships (MLPs) and their related entities, with a particular emphasis on MLPs operating within the natural gas infrastructure sector. To construct its portfolio, it utilizes a fundamental, bottom-up stock selection methodology, carefully assessing quantitative, qualitative, and relative valuation metrics. This fund was established on July 27, 2010, and holds its domicile in the United States.

What is the expense ratio of NTG?

An expense ratio for Tortoise Midstream Energy Fund, Inc. (NTG) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is NTG?

Tortoise Midstream Energy Fund, Inc. (NTG) manages $271.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is NTG actively managed or an index fund?

NTG is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds in exchange for the discretion to over- or under-weight positions.

When was NTG launched?

Tortoise Midstream Energy Fund, Inc. (NTG) launched in July 2010 and is managed by the fund issuer.

How has NTG performed?

NTG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.