Loading
No insider purchase over the last 90 days. The latest was filed 10 Jan 2024.
Tortoise Energy Independence Fund, Inc.: what insiders have been doing
Every trade that managers of Tortoise Energy Independence Fund, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Energy sector. No insider at Tortoise Energy Independence Fund, Inc. has published a filing in the past twelve months. The most recent one dates from 27 December 2024.
These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
21
Thresholds
n/a
Buy Volume
€59,875
19 ops. · all time
Sell Volume
€14
1 ops. · all time
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
· cache
Last declaration on 27 December 2024
Declarations21 total
169,805 shares@ US$28.18100.0% of flowCommon StockSEC:0001510281-24-000754:0
400 shares@ US$29.3825.0% of flowCommon SharesSEC:0001140361-24-001709:0
Canonical exit: 8 Apr 2024 (T+90)
200 shares@ US$29.4612.9% of flowCommon SharesSEC:0001567619-23-003957:0
Canonical exit: 29 May 2023 (T+90)
300 shares@ US$27.3619.8% of flowCommon SharesSEC:0001567619-22-017827:0
Canonical exit: 25 Dec 2022 (T+90)
25 shares@ US$27.8035.6% of flowCommon SharesSEC:0001567619-22-013043:0
Canonical exit: 15 Sept 2022 (T+90)
0.89 shares@ US$19.16100.0% of flowCommon SharesSEC:0001567619-22-012365:0
25 shares@ US$28.5534.9% of flowCommon SharesSEC:0001567619-22-007303:0
Canonical exit: 19 Jun 2022 (T+90)
100 shares@ US$27.8419.2% of flowCommon SharesSEC:0001567619-22-002385:0
Canonical exit: 3 May 2022 (T+90)
100 shares@ US$26.0717.9% of flowCommon SharesSEC:0001567619-22-001770:0
Canonical exit: 26 Apr 2022 (T+90)
100 shares@ US$24.4916.8% of flowCommon SharesSEC:0001567619-22-001705:0
Canonical exit: 24 Apr 2022 (T+90)
100 shares@ US$25.41100.0% of flowCommon SharesSEC:0001567619-22-001651:0
Canonical exit: 21 Apr 2022 (T+90)
25 shares@ US$24.8229.5% of flowCommon SharesSEC:0001567619-22-001675:0
Canonical exit: 24 Apr 2022 (T+90)
100 shares@ US$25.40100.0% of flowCommon SharesSEC:0001567619-22-001522:0
Canonical exit: 21 Apr 2022 (T+90)
100 shares@ US$25.62100.0% of flowCommon SharesSEC:0001567619-22-001581:0
Canonical exit: 21 Apr 2022 (T+90)
100 shares@ US$25.63100.0% of flowCommon SharesSEC:0001567619-22-001506:0
Canonical exit: 21 Apr 2022 (T+90)
100 shares@ US$25.3917.4% of flowCommon SharesSEC:0001567619-22-001539:0
Canonical exit: 21 Apr 2022 (T+90)
100 shares@ US$25.34100.0% of flowCommon SharesSEC:0001567619-22-001482:0
Canonical exit: 21 Apr 2022 (T+90)
400 shares@ US$25.6926.8% of flowCommon SharesSEC:0001567619-22-001602:0
Canonical exit: 21 Apr 2022 (T+90)
100 shares@ US$22.7815.2% of flowCommon SharesSEC:0001567619-21-017913:0
Canonical exit: 2 Jan 2022 (T+90)
100 shares@ US$20.2713.4% of flowCommon SharesSEC:0001567619-21-015295:0
Canonical exit: 10 Nov 2021 (T+90)
100 sharesCommon SharesSEC:0001140361-16-046883:0
Canonical exit: 5 Apr 2016 (T+90)
21 of 21 declarations
About Tortoise Energy Independence Fund, Inc.
Tortoise Energy Independence Fund, Inc. (NYSE/NASDAQ: NDP) was a U.S.-listed closed-end fund in the energy and infrastructure universe, organized as a registered investment company and managed by Tortoise Capital. Its investment mandate was highly specialized: the fund sought a high level of total return with an emphasis on current distributions to shareholders, and it invested primarily in equity securities of upstream North American energy companies engaged in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids. The fund’s inception date was July 26, 2012, giving it a long operating history within the Tortoise platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001704299/000120677425000067/teaf4427088-ncsr.htm?utm_source=openai))
NDP was not an operating energy producer, but a listed fund that provided investors with targeted exposure to a narrow segment of the North American energy market. That focus made it distinct from broader energy funds: the portfolio was designed to capture cash flows, capital discipline, production volumes, and commodity-cycle dynamics across upstream exploration and production names. In Tortoise’s own materials, the franchise is described as a specialized energy investor with more than 20 years of research and investment experience and several billion dollars in assets under management. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001704299/000120677425000067/teaf4427088-ncsr.htm?utm_source=openai))
Read moreShow less
From a geographic standpoint, the fund was anchored in the United States and, through the Tortoise platform, operated from Overland Park, Kansas. For French-, Belgian-, and Swiss-based investors, the key point is that NDP was a U.S. fund listed on the American market (NYSE/NASDAQ), and therefore subject to SEC reporting standards and the structural features of U.S. closed-end funds. ([tortoiseecofin.com](https://www.tortoiseecofin.com/media/6447/ea0230329-03_tortoise-energy-infrastructure-total-return-fund_497_sai-print.pdf?utm_source=openai))
In competitive terms, NDP occupied a niche position within the U.S. listed energy fund space: a concentrated vehicle focused on upstream energy equities and distributions. Its appeal historically came from the combination of sector leverage and income orientation, while its risk profile remained tightly linked to energy prices, producer balance-sheet strength, capital returns, and investor appetite for cyclical income vehicles. Annual reports show that the fund benchmarked itself against the broader energy sector and highlighted a long-term distribution-driven approach. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001704299/000120677425000067/teaf4427088-ncsr.htm?utm_source=openai))
The most important recent development was the December 23, 2024 reorganization, when NDP was merged into a newly formed exchange-traded structure alongside other Tortoise funds. The stated rationale was to create a more modern fund structure with better liquidity, lower expenses, and less volatility associated with leverage. As a result, NDP should now be understood primarily as a legacy closed-end fund within the Tortoise family rather than as an actively standalone vehicle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/2034406/000113322825008234/teeft-efp16669_ncsrs.htm?utm_source=openai))
