Advisory Services Network buys $151,333 stake in Tortoise Energy Independence Fund Inc (NDP)

Tortoise Energy Independence Fund Inc (NDP) : Advisory Services Network scooped up 7,731 additional shares in Tortoise Energy Independence Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 9,546 shares of Tortoise Energy Independence Fund Inc which is valued at $151,333.Tortoise Energy Independence Fund Inc makes up approximately 0.03% of Advisory Services Network’s portfolio.

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.

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