Compare · AGM vs NTG
AGM vs NTG
Side-by-side comparison of Federal Agricultural Mortgage Corporation (AGM) and Tortoise Midstream Energy Fund Inc. (NTG): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both AGM and NTG operate in Finance Companies (Finance), so they compete in similar markets.
- AGM is the larger of the two at $1.93B, about 10.3x NTG ($187.5M).
- AGM has hit the wire 12 times in the past 4 weeks while NTG has been quiet.
- AGM has more recent analyst coverage (6 ratings vs 0 for NTG).
Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
Tortoise Midstream Energy Fund Inc.
Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States.
Latest AGM
- SEC Form CERT filed by Federal Agricultural Mortgage Corporation
- SEC Form 8-A12B filed by Federal Agricultural Mortgage Corporation
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
- Director Logan Lyle was granted 386 units of Class C Non-Voting Common Stock (SEC Form 4)
- Director Crawford Dale E was granted 386 units of Class C Non-Voting Common Stock (SEC Form 4)
- New insider Logan Lyle claimed no ownership of stock in the company (SEC Form 3)
- New insider Crawford Dale E claimed no ownership of stock in the company (SEC Form 3)
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
Latest NTG
- Tortoise Capital Announces 2024 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report
- Amendment: Large owner Saba Capital Management, L.P. disposed of $19,577,957 worth of shares (515,345 units at $37.99) (SEC Form 4)
- Large owner Saba Capital Management, L.P. acquired $19,577,957 worth of shares (515,345 units at $37.99) (SEC Form 4)
- Large owner Metlife Investment Management, Llc disposed of 96,212 units of Series F Mandatory Redeemable Preferred Shares (SEC Form 4)
- SEC Form 25-NSE filed by Tortoise Midstream Energy Fund Inc.
- Tortoise Capital Completes Merger of Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Midstream Energy Fund, Inc. (NYSE: NTG)
- Large owner Saba Capital Management, L.P. sold $22,915 worth of shares (422 units at $54.30) (SEC Form 4)
- Tortoise Capital Announces Shareholder Approval of Closed-End Fund Mergers and Conversion to Actively Managed ETF
- Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 29, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF
- Tortoise Capital Announces Excise Distributions for NTG, TTP and NDP