TPZ
Price:
$21.025
Market Cap:
$123.84M
Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the Un...[Read more]
Industry
Asset Management
IPO Date
2009-07-29
Stock Exchange
NYSE
Ticker
TPZ
According to Tortoise Essential Energy Fund’s latest financial reports and current stock price. The company's current ROE is 10.25%. This represents a change of 79.60% compared to the average of 5.71% of the last 4 quarters.
The mean historical ROE of Tortoise Essential Energy Fund over the last ten years is 0.53%. The current 10.25% ROE has changed 1.84% with respect to the historical average. Over the past ten years (40 quarters), TPZ's ROE was at its highest in in the November 2023 quarter at 11.99%. The ROE was at its lowest in in the May 2023 quarter at -1.66%.
Average
0.53%
Median
-0.36%
Minimum
-28.56%
Maximum
17.79%
Discovering the peaks and valleys of Tortoise Essential Energy Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 804.85%
Maximum Annual ROE = 17.79%
Minimum Annual Increase = -162.30%
Minimum Annual ROE = -28.56%
| Year | ROE | Change |
|---|---|---|
| 2023 | 10.39% | -17.42% |
| 2022 | 12.58% | -29.30% |
| 2021 | 17.79% | -162.30% |
| 2020 | -28.56% | 804.85% |
| 2019 | -3.16% | 782.02% |
| 2018 | -0.36% | -92.83% |
The current ROE of Tortoise Essential Energy Fund (TPZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.59%
5-year avg
1.81%
10-year avg
0.53%
Tortoise Essential Energy Fund’s ROE is greater than Royce International Premier Fund (0%), less than XAI Madison Equity Premium Income Fund (4.71%), greater than Touchstone International Equity Fund (0%), greater than SGI Small Cap Core Fund (0%), less than RBC SMID Cap Growth Fund (0%), less than Calamos Global Total Return Fund (7.44%), less than Seven Canyons World Innovators Fund (0%), less than Voya Emerging Markets High Dividend Equity Fund (8.58%), greater than AMG TimesSquare International Small Cap Fund (0%),
| Company | ROE | Market cap |
|---|---|---|
| 0% | $124.01M | |
| 4.71% | $126.81M | |
| 0% | $123.44M | |
| 0% | $120.14M | |
| 0% | $128.60M | |
| 7.44% | $112.34M | |
| 0% | $121.05M | |
| 8.58% | $110.32M | |
| 0% | $128.82M |
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