Thursday, July 3, 2014

Top Up And Coming Companies To Watch For 2015

Top Up And Coming Companies To Watch For 2015: Tortoise Pipeline & Energy Fund Inc (TTP)

Tortoise Pipeline & Energy Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Funds investment objective is to provide a high level of total return. It focuses to provide stockholders a vehicle to invest in a portfolio consisting of equity securities of pipeline and other energy infrastructure companies. It focuses on pipeline companies, which are engaged in the business of transporting natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products, and on other energy infrastructure companies. It focus invest at least 80% of its total assets in equity securities of pipeline and other energy infrastructure companies. It may invest up to 30% of its total assets in unregistered or otherwise restricted securities, primarily through direct investments in securities of listed companies. Tortoise Capital Advisors, L.L.C. serves as the Funds investment adviser. Advisors' Opinion:
  • [By Robert Rapier]

    As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.

  • [By Robert Rapier]

    As I write this, Tortoise Pipeline and Energy (NYSE: TTP) trades at a discount of 15.1 percent to its underlying assets, while at the other end of the spectrum Cushing MLP Total Return Fund (NYSE: SRV) trades at a 17.4 percent premium. The average MLP closed-end fund listed trades at a 4.9 percent discount, which is perhaps reasonable given the loss of certain tax advantages and the fact that management fees will eat into returns.

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-up-and-coming-companies-to-watch-for-2015.html

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