Tortoise Energy Independence Fund, Inc.

Tortoise Energy Independence Fund, Inc. is a close end investment fund. Its objective is to provide shareholder a high level of total return with an emphasis on current distribution. It seeks to invest in a portfolio of equity securities of companies that promote energy independence through the development of the North American energy landscape. It intends to focus on North American energy companies that engage in the exploration and production of crude oil, condensate, and natural gas. The company was founded in July 2012 and is headquartered in Leawood, KS.

Tortoise MLP Fund

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

OVERLAND PARK, KS / ACCESSWIRE / April 1, 2024 / Tortoise today announced the following balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of March 28, 2024, the company's unaudited total assets were approximately $529.6 million and its unaudited net asset value was $415.8 million, or $38.62 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 28, 2024, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / March 1, 2024 / Tortoise today announced the following balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of February 29, 2024, the company's unaudited total assets were approximately $500.0 million and its unaudited net asset value was $382.8 million, or $35.56 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of February 29, 2024, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / February 7, 2024 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise closed-end funds distribution details are as follows: Fund Ticker Distribution Amount Distribution Target of Average NAV Distribution Frequency Tortoise Energy Infrastructure Corp. TYG $0.71 7%-10% Quarterly Tortoise Midstream Energy Fund, Inc. NTG $0.77 7%-10% Quarterly Tortoise Pipeline & Energy Fund, Inc. TTP $0.59 7%-10% Quarterly Tortoise Energy Independence Fund, Inc., NDP $0.63 7%-10% Quarterly Tortoise Power and Energy Infrastructure Fund, Inc. TPZ $0.105 7%-10% Monthly TYG, NTG, TTP, NDP and TPZ distributions are payable on February 29, 2024, to shareholders of record on February 22, 2024.

Tortoise Announces Distribution Amounts for Its Closed-End Funds

OVERLAND PARK, KS / ACCESSWIRE / February 1, 2024 / Tortoise today announced the following balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of January 31, 2024, the company's unaudited total assets were approximately $487.3 million and its unaudited net asset value was $374.1 million, or $34.76 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of January 31, 2024, for TYG, NTG, TTP, NDP and TPZ

Tortoise Energy Infrastructure Corp. (NYSE: TYG) Tortoise Midstream Energy Fund, Inc. (NYSE: NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) Tortoise Energy Independence Fund, Inc. (NYSE: NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) OVERLAND PARK, KS / ACCESSWIRE / January 30, 2024 / Tortoise today announced the tax characterization of 2023 distributions paid to common stockholders of each of the funds listed below: 2023 Tax Characterization of Distributions TYG NTG TTP NDP TPZ Qualified Dividend Income 40% 46% 22% 30% 16% Ordinary Dividend Income 18% 7% 0% 0% 33% Return of Capital 42% 47% 78% 70% 51% Long-Term Capital Gain 0% 0% 0% 0% 0% Additional information regarding the tax characterization of the 2023 distributions is available at www.TortoiseAdvisors.com. A copy of the information is also available upon request by calling (866) 362-9331.

Tortoise Announces 2023 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report

OVERLAND PARK, KS / ACCESSWIRE / January 2, 2024 / Tortoise today announced the following balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of December 29, 2023, the company's unaudited total assets were approximately $496.5 million and its unaudited net asset value was $383.6 million, or $35.64 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of December 29, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / December 1, 2023 / Tortoise today announced the following preliminary unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of November 30, 2023, the company's preliminary unaudited total assets were approximately $492.6 million and its preliminary unaudited net asset value was $380.3 million, or $35.33 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 30, 2023, for TYG, NTG, TTP, NDP and TPZ

Eaton Vance Senior Floating Rate Fund

Eaton Vance Floating-Rate Income Trust

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Templeton Dragon Fund

Tekla Healthcare Opportunities

Tekla World Healthcare Fund

22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)

Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / November 9, 2023 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise closed-end funds distribution details are as follows: Fund Ticker Distribution Amount Distribution Target of Average NAV Distribution Frequency Tortoise Energy Infrastructure Corp. TYG $0.71 7%-10% Quarterly Tortoise Midstream Energy Fund, Inc. NTG $0.77 7%-10% Quarterly Tortoise Pipeline & Energy Fund, Inc. TTP $0.59 7%-10% Quarterly Tortoise Energy Independence Fund, Inc., NDP $0.63 7%-10% Quarterly Tortoise Power and Energy Infrastructure Fund, Inc. TPZ $0.105 7%-10% Monthly TYG, NTG, TTP, NDP and TPZ distributions are payable on November 30, 2023, to shareholders of record on November 22, 2023.

Tortoise Announces Distribution Amounts for its Closed-End Funds

OVERLAND PARK, KS / ACCESSWIRE / November 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of October 31, 2023, the company's unaudited total assets were approximately $498.1 million and its unaudited net asset value was $378.9 million, or $33.44 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / October 2, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of September 29, 2023, the company's unaudited total assets were approximately $496.1 million and its unaudited net asset value was $381.3 million, or $33.65 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 29, 2023, for TYG, NTG, TTP, NDP and TPZ

Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / October 2, 2023 / Tortoise announced today the commencement of cash tender offers for each of the following Funds. Fund Tender Offer Amount TYG Up to 5% or 566,575 of its outstanding common shares NTG Up to 5% or 268,042 of its outstanding common shares TTP Up to 5% or 105,819 of its outstanding common shares NDP Up to 5% or 87,684 of its outstanding common shares TPZ Up to 5% or 310,008 of its outstanding common shares Each tender offer will be conducted at a price equal to 98% of each Fund's net asset value (NAV) per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires.

Tortoise Announces Tender Offers for its Closed-End Funds

Brookfield Real Assets Income Fund

9 out of 22 CEF sectors positive on price and 12 out of 22 sectors positive on NAV. Tortoise tender offers are announced. Tender offers are part of the funds' discount management program.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Announced (August 27, 2023)

OVERLAND PARK, KS / ACCESSWIRE / September 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of August 31, 2023, the company's unaudited total assets were approximately $527.1 million and its unaudited net asset value was $403.5 million, or $35.61 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of August 31, 2023, for TYG, NTG, TTP, NDP and TPZ.

Tortoise Energy Independence Fund offers exposure to the producer and midstream energy space. The fund has had a rough past due to being leveraged, and it had even suspended its distribution for a period after Covid. This fund is only likely to appeal to more aggressive energy bulls as it is more exposed to energy prices than its midstream-focused peers.

NDP: A Fund For Energy Bulls

Revised from August 11, 2023 release to include Important Notice Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / August 16, 2023 / Tortoise and the Board of its closed-end funds previously announced its approval of conditional tender offers as part of the discount management program. A Fund would conduct a tender for 5% of the Fund's outstanding shares of common stock at a price equal to 98% of net asset value (NAV) if its shares trade at an average discount to NAV of more than 10% during either of the designated measurement periods in 2022 and 2023.

Revised: Tortoise Announces Tender Offers for its Closed-End Funds

John Hancock Financial Opportunities Fund

China Fund

Stone Harbor Emerging Markets Income Fund

FS Credit Opportunities Corp

Templeton Emerging Markets Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

For the second consecutive month, equity CEFs (+2.69% on a NAV basis) on average chalked up plus-side performance while their fixed income CEF cohorts (+1.03%) also posted gains. At month end, 13% of all CEFs traded at a premium to their NAV, with 14% of equity CEFs and 12% of fixed income CEFs trading in premium territory. Emerging Markets CEFs (+5.95%) for the first month in six outperformed the other classifications in the equity CEF universe for July.

The Month In Closed-End Funds: July 2023

OVERLAND PARK, KS / ACCESSWIRE / August 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 31, 2023, the company's unaudited total assets were approximately $544.9 million and its unaudited net asset value was $422.8 million, or $37.31 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2023, for TYG, NTG, TTP, NDP and TPZ

Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / July 28, 2023 / TortoiseEcofin today announced the release of the combined 2023 semi-annual stockholders' report including all of these funds. The semi-annual report is available online at cef.tortoiseecofin.com.

TortoiseEcofin Releases Combined 2023 Closed-End Fund Semi-Annual Report

Adams Diversified Equity Fund

BlackRock Innovation & Growth Trust

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

Blackrock ESG Capital Allocation Trust

ClearBridge Energy MLP Opportunity Fund Inc

BlackRock Municipal Income Fund

Adams Natural Resources Fund Inc

Royce Global Value

Western Asset

Tortoise Essential Assets Income Term Fund

18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heating up.

Weekly Closed-End Fund Roundup: Saba Continues CEF Battles (July 2, 2023)

OVERLAND PARK, KS / ACCESSWIRE / July 3, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of June 30, 2023, the company's unaudited total assets were approximately $531.0 million and its unaudited net asset value was $405.4 million, or $35.78 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of June 30, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / June 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of May 31, 2023, the company's unaudited total assets were approximately $501.4 million and its unaudited net asset value was $379.5 million, or $33.49 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of May 31, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / May 1, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of April 28, 2023, the company's unaudited total assets were approximately $547.5 million and its unaudited net asset value was $421.4 million, or $37.18 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 28, 2023, for TYG, NTG, TTP, NDP and TPZ

OVERLAND PARK, KS / ACCESSWIRE / April 3, 2023 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of March 31, 2023, the company's unaudited total assets were approximately $560.4 million and its unaudited net asset value was $415.8 million, or $36.70 per share.

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 31, 2023, for TYG, NTG, TTP, NDP and TPZ

Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) OVERLAND PARK, KS / ACCESSWIRE / February 9, 2023 / Tortoise and the Board of its closed-end funds announced distributions for its closed-end funds. Tortoise Energy Independence Fund, Inc. (NDP) increased its distribution from $0.56 to $0.63, an increase of 12.5%.

News for Tortoise Energy Independence Fund, Inc. ETF (NDP)