Tortoise Energy Independence Fund, Inc. (NDP): H Kevin Birzer , director other of Tortoise Energy Independence Fund, Inc. purchased 100 shares on Jul 5, 2016. The Insider buying transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.75 per share for a total value of $1,475.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, H Kevin Birzer (director other) purchased 100 shares at $14.75 per share price.On Apr 11, 2016, Matthew Sallee (other) purchased 500 shares at $11.56 per share price.Also, On Dec 17, 2015, Conrad S Ciccotello (director) purchased 200 shares at $10.66 per share price.On Dec 10, 2015, Rand C Berney (director) purchased 869 shares at $11.29 per share price.
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.