Tortoise Energy Independence Fund, Inc. (NDP): Matthew Sallee , other of Tortoise Energy Independence Fund, Inc. purchased 500 shares on Apr 8, 2016. The Insider buying transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.56 per share for a total value of $5,780.00.
Tortoise Energy Independence Fund Inc. is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil condensate natural gas and natural gas liquids that generally have a significant presence in North American oil and gas fields including shale reservoirs. Under normal circumstances the Fund invests at least 80% of its total assets (including assets obtained through leverage) in equity securities of North American energy companies including at least 70% in upstream energy companies. Tortoise Capital Advisors L.L.C. is the Fund’s adviser.