TPYP
Tortoise North American Pipeline
NAV as of
4 Week: 24.74 - 25.66
52 Week: 22.85 - 26.48
Latest Closing Price
25.14
Premium / Discount
-0.16
Expense Ratio
0.4%
Investment Objective
The investment seeks investment results that correspond (before fees and expenses) generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline IndexSM (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 1.82 | 0.96 | 1.91 |
| 1 Day | -1.18 | 0.00 | 0.00 |
| 1 Week | -0.67 | 2.09 | -0.32 |
| 1 Month | -0.40 | 3.68 | -0.11 |
| 3 Months | 2.78 | 6.24 | 0.45 |
| 6 Months | 5.59 | 9.92 | 0.56 |
| 1 Year | -2.44 | 18.82 | -0.13 |
| 2 Years | 18.87 | 27.97 | 0.67 |
| 3 Years | 57.11 | 35.93 | 1.59 |
| 5 Years | 5.53 | 61.58 | 0.09 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 37.5262 | 2.1538 | -10.8551 | 23.0599 | -20.7905 | 34.7474 | 16.1189 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 19.0000 | 1.0000 | 5.0000 | 5.0000 | 39.0000 | 79.0000 | 87.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 27/12/2016 | 02/01/2017 | 0.1740 |
| 20/06/2016 | 29/06/2016 | 0.2310 |
Portfolio Data
Total Number of Holdings: 50
Number of Bond Holdings: 0
Number of Equity Holdings: 47
Total Market Value: 503,658,720
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Enbridge Inc | 7.8956 | 754,687 | 7,302 | 27,825,310 |
| 2 | Kinder Morgan Inc Class P | 7.6992 | 1,323,571 | 12,807 | 27,133,206 |
| 3 | TC Energy Corp | 7.6350 | 526,350 | 5,091 | 26,907,012 |
| 4 | ONEOK Inc | 7.3984 | 371,147 | 3,591 | 26,073,077 |
| 5 | Williams Companies Inc | 7.3044 | 1,124,595 | 10,881 | 25,741,980 |
| 6 | Pembina Pipeline Corp | 6.2383 | 624,933 | 9,465 | 21,984,861 |
| 7 | Enterprise Products Partners LP | 5.0739 | 681,198 | 6,591 | 17,881,448 |
| 8 | Cheniere Energy Inc | 5.0608 | 285,771 | 4,435 | 17,834,968 |
| 9 | Atmos Energy Corp | 4.5777 | 144,429 | 2,245 | 16,132,719 |
| 10 | Energy Transfer LP | 3.7864 | 1,033,619 | 30,280 | 13,344,021 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 7.57 |
| Large | 15.30 |
| Medium | 56.18 |
| Small | 15.64 |
| Micro | 3.45 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
12.4231
Price/Book*
2.0615
Price/Sales*
1.0060
Price/Cash Flow*
4.9099
Dividend Yield*
6.2051
Growth Measures
Long-Term Earnings
6.7214
Historical Earnings
8.9102
Sales Growth
26.2221
Cash-Flow Growth
8.1192
Book-Value Growth
1.9480
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 0 |
| Average Weighted Price* | 0 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| N.A | |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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