Wall Street Access Asset Management Lowers stake in Tortoise MLP Fund (NTG)

Tortoise MLP Fund (NTG) : Wall Street Access Asset Management reduced its stake in Tortoise MLP Fund by 1.19% during the most recent quarter end. The investment management company now holds a total of 41,531 shares of Tortoise MLP Fund which is valued at $779,952 after selling 500 shares in Tortoise MLP Fund , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Tortoise MLP Fund makes up approximately 0.46% of Wall Street Access Asset Management’s portfolio.

Other Hedge Funds, Including , Cranbrook Wealth Management sold out all of its stake in NTG during the most recent quarter. The investment firm sold 183 shares of NTG which is valued $3,437.Oxbow Advisors reduced its stake in NTG by selling 506,650 shares or 57.64% in the most recent quarter. The Hedge Fund company now holds 372,314 shares of NTG which is valued at $6,992,057. Tortoise MLP Fund makes up approx 0.98% of Oxbow Advisors’s portfolio.Signaturefd boosted its stake in NTG in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 1,700 shares of Tortoise MLP Fund which is valued at $32,011.Creative Planning boosted its stake in NTG in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 8,673 shares of Tortoise MLP Fund which is valued at $159,757.

Tortoise MLP Fund Inc. is a non-diversified closed-end management investment fund. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions. It focuses primarily on midstream energy infrastructure master limited partnerships (MLPs) that engage in the business of transporting gathering and processing and storing natural gas and natural gas liquids (NGLs). The Fund invests at least 80% of total assets in equity securities of MLPs in the energy infrastructure sector with at least 50% of its total assets in equity securities of natural gas infrastructure MLPs. It will not invest more than 10% of its total assets in any single issuer or engage in short sales. The Fund’s portfolio includes natural gas/natural gas liquids pipelines natural gas gathering/processing and crude/refined products pipelines. Tortoise Capital Advisors L.L.C. is an investment adviser to the Fund.

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