Name | Value |
---|---|
Revenues | 620.5K |
Cost of Revenue | 0.0K |
Gross Profit | 620.5K |
Operating Expense | 3,998.5K |
Operating I/L | 336.5K |
Other Income/Expense | -3,977.1K |
Interest Income | 262.7K |
Pretax | -3,640.7K |
Income Tax Expense | -4,239.8K |
Net Income/Loss | -3,640.7K |
Tortoise Pipeline & Energy Fund, Inc. is a closed-ended equity mutual fund managed by Tortoise Capital Advisors, LLC. It focuses on investing in pipeline companies involved in transporting natural gas, natural gas liquids, crude oil, and refined petroleum products in North America. The fund utilizes fundamental analysis and a bottom-up stock picking approach, considering quantitative, qualitative, and relative value factors to build its portfolio. By investing in the public equity markets, the fund generates revenue through capital appreciation and dividends from its holdings in the energy infrastructure sector.