Company Tortoise Energy Independence Fund, Inc.

Equities

NDP

US89148K2006

Closed End Funds

Delayed Nyse 12:35:52 2024-04-29 EDT 5-day change 1st Jan Change
34.43 USD +0.86% Intraday chart for Tortoise Energy Independence Fund, Inc. +1.03% +20.13%

Business Summary

Tortoise Energy Independence Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company focused on North American crude oil and natural gas production. The Fund's primary investment objective is to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a significant presence in North American oil and gas fields, including shale reservoirs. The Fund is focused on investing at least 80% of its total assets in equity securities of North American energy companies, including at least 50% of its total assets in equity securities of upstream energy companies. It may invest approximately 35% of its total assets in securities of non-United States issuers. Tortoise Capital Advisors, L.L.C. serves as the Fund's investment advisor.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
8 100.0 % 7 100.0 % -7.16%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
8 100.0 % 7 100.0 % -7.16%

Managers

Managers TitleAgeSince
Chief Executive Officer 37 17-05-17
Director of Finance/CFO 34 21-07-13
President 52 15-06-29
Compliance Officer 66 12-03-31

Members of the board

Members of the board TitleAgeSince
Chairman 65 12-05-31
Director/Board Member 64 12-05-31
Director/Board Member 69 13-12-31
Director/Board Member 62 18-05-17
Director/Board Member 67 14-12-31
Chief Executive Officer 37 17-05-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,753,698 1,746,581 ( 99.59 %) 0 99.59 %

Shareholders

NameEquities%Valuation
Saba Capital Management LP
9.118 %
159,899 9.118 % 5 M $
Bulldog Investors LLP
8.884 %
155,801 8.884 % 5 M $
Saba Capital Management LP
7.641 %
133,996 7.641 % 5 M $
Bulldog Investors LLP
5.896 %
103,405 5.896 % 3 M $
Thomas J. Herzfeld Advisors, Inc.
5.223 %
91,590 5.223 % 3 M $
Thomas J. Herzfeld Advisors, Inc.
5.180 %
90,840 5.180 % 3 M $
1607 Capital Partners LLC
4.520 %
79,261 4.520 % 3 M $
Aristides Capital LLC
3.660 %
64,191 3.660 % 2 M $
Wolverine Asset Management LLC
1.691 %
29,662 1.691 % 1 M $
Deschutes Portfolio Strategy LLC
1.510 %
26,480 1.510 % 892 906 $

Company contact information

Tortoise Energy Independence Fund, Inc.

6363 College Boulevard Suite 100A

66211, Overland Park

+913 981 1020

address Tortoise Energy Independence Fund, Inc.(NDP)
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