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Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Net Interest Income (for Banks) : $-0.46 Mil (As of Nov. 2023)


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What is Tortoise Energy Independence Fund, Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Tortoise Energy Independence Fund,'s net interest income for the six months ended in Nov. 2023 was $-0.27 Mil. Its net interest income for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.46 Mil.

Tortoise Energy Independence Fund,'s quarterly net interest income declined from Nov. 2022 ($-0.08 Mil) to May. 2023 ($-0.20 Mil) and declined from May. 2023 ($-0.20 Mil) to Nov. 2023 ($-0.27 Mil).

Tortoise Energy Independence Fund,'s annual net interest income declined from Nov. 2021 ($-0.07 Mil) to Nov. 2022 ($-0.11 Mil) and declined from Nov. 2022 ($-0.11 Mil) to Nov. 2023 ($-0.46 Mil).

Tortoise Energy Independence Fund, Net Interest Income (for Banks) Historical Data

The historical data trend for Tortoise Energy Independence Fund,'s Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tortoise Energy Independence Fund, Net Interest Income (for Banks) Chart

Tortoise Energy Independence Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Interest Income (for Banks)
Get a 7-Day Free Trial -1.23 -0.24 -0.07 -0.11 -0.46

Tortoise Energy Independence Fund, Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.08 -0.20 -0.27

Tortoise Energy Independence Fund, Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.46 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Independence Fund, Inc. (NYSE:NDP) » Definitions » Net Interest Income (for Banks)
Comparable Companies
NMS LRFC CEE GEG NBW FAM EEA JMM RSF PNF BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Website
https://www.tortoiseecofin.com
Tortoise Energy Independence Fund, Inc. is a non-diversified closed-end management investment company. Its primary investment objective 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 presence in North American oil and gas fields, including shale reservoirs.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Shobana Gopal officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Aristides Fund Qp, Lp 10 percent owner 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202
Aristides Fund Lp 10 percent owner C/O ARISTIDES CAPITAL LLC, 118 EAST MAIN STREET, SUITE 600, LOUISVILLE KY 40202

Tortoise Energy Independence Fund, (Tortoise Energy Independence Fund,) Headlines

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