Tortoise Energy Infrastructure CorporationTYG

$42.53+0.23 (+0.54%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$769M
Small-cap
-46%
2016 — today
10-Year Price
-64%
2016 — today
52-Week Range
$40.41$51.00
Current $42.53· 20%

The Tortoise Energy Infrastructure Corporation, a closed-end equity mutual fund, is managed by Tortoise Capital Advisors L.L.C. This U.S.-domiciled fund, established on October 29, 2003, invests in publicly traded companies within the United States. Its core strategy involves allocating capital to the energy infrastructure sector, specifically targeting businesses engaged in the transportation, processing, storage, distribution, or marketing of natural gas, natural gas liquids (such as propane), coal, crude oil, or refined petroleum products. It also seeks out firms involved in the exploration, development, management, or production of these commodities. The portfolio's main holdings include publicly traded Master Limited Partnerships (MLPs) and stocks of companies with a market capitalization exceeding $100 million.

Valuation in context

P/E ratio
2.1
Above average
Pricier than usual over the last 10 years
P/B ratio
0.8
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
10.5
Near historic low
Near historic low — last 10 years
Dividend Yield
13.2%
Historically high
Historically high relative to the last 10 years
FCF Yield
10.2%
Near historic low
Near historic low — last 10 years
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