Tortoise MLP Fund, Inc.

Investment strategy  
As of January 2016

NTG’s investment approach emphasizes current income, low volatility and minimization of downside risk. NTG invests primarily in long-haul pipeline MLPs that transport natural gas through interstate and intrastate pipelines, as well as gathering & processing MLPs that gather and process natural gas and provide transportation, fractionation and storage of NGLs
.
Under normal circumstances, NTG invests at least 80% of its total assets (including assets obtained through leverage) 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. The fund may also invest up to 50% of its total assets in restricted securities, primarily through direct investments, and will not invest in private companies. The fund will not invest more than 10% of its total assets in any single issuer or engage in short sales. These investment restrictions described above apply at the time of purchase, and the fund will not be required to reduce a position due solely to market value fluctuations.

NTG seeks to utilize leverage when it perceives a net positive total return opportunity for stockholders. NTG targets a moderate amount of leverage up to 25% of total assets with mostly fixed rates and laddered due dates.

For more information about the fund please visit:
Tortoise MLP Fund, Inc. (NYSE: NTG)