TPYPTortoise North American Pipeline Fund

Grow my money10y track recordRanked #622 of 2,960 in this goal

Seeks investment results that correspond to the price and distribution rate performance of the Tortoise North American Pipeline Index.

By Tortoise Capital Advisors, LLC · Launched 2015

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$838M

#1,218 of 5,562 · large

Return (1Y)Goal

+21.4%

Track Record

10 years

#1,309 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,588+15.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Sector

Energy

Index tracked

Tortoise North American Pipeline Index

What it actually holds

By weight

Concentration

Top 10 holdings = 59.4% of fundmoderately concentrated

TC Energy Corp

7.7%

Williams Cos Inc/The

7.6%

Enbridge Inc

7.4%

Kinder Morgan Inc

7.3%

ONEOK Inc

6.5%

Cheniere Energy Inc

6.2%

NiSource Inc

4.2%

Atmos Energy Corp

4.2%

Targa Resources Corp

4.2%

Enterprise Products Partners L

4.0%

Asset allocation

Stocks

99.1%

Cash

0.8%

Other

0.1%

By sector

Energy

85.0%

Utilities

15.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.2%Moderate

Year-on-year price swings

Max drawdown

-51.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.27Strong risk-adjusted returns

Sortino (3Y)

1.78Good downside protection

Where to buy

Listing

Exchange: New York Stock Exchange

Full fund details

Objective: Seeks investment results that correspond to the price and distribution rate performance of the Tortoise North American Pipeline Index.
Strategy: Employs a passive management approach designed to track the Tortoise North American Pipeline Index, a float-adjusted, capitalization-weighted index of pipeline companies in the U.S. and Canada. Invests at least 80% of assets in securities suggested by its name.
Inception date: June 29, 2015
Fund family: Tortoise Capital Advisors, LLC