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Trending ETFs

Tortoise North American Pipeline Fund

ETF
TPYP
Payout Change
Pending
Price as of:
$26.16 -0.03 -0.11%
primary theme
MLP Industry Equity
TPYP (ETF)

Tortoise North American Pipeline Fund

Payout Change
Pending
Price as of:
$26.16 -0.03 -0.11%
primary theme
MLP Industry Equity
TPYP (ETF)

Tortoise North American Pipeline Fund

Payout Change
Pending
Price as of:
$26.16 -0.03 -0.11%
primary theme
MLP Industry Equity

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$26.16

$580 M

4.37%

$1.14

0.40%

Vitals

YTD Return

21.7%

1 yr return

26.2%

3 Yr Avg Return

11.9%

5 Yr Avg Return

7.6%

Net Assets

$580 M

Holdings in Top 10

58.0%

52 WEEK LOW AND HIGH

$26.2
$21.65
$28.48

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 17.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Energy Limited Partnership


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$26.16

$580 M

4.37%

$1.14

0.40%

TPYP - Profile

Distributions

  • YTD Total Return 21.7%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.20%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Tortoise North American Pipeline Fund
  • Fund Family Name
    Tortoise Capital Advisors, LLC
  • Inception Date
    Jun 29, 2015
  • Shares Outstanding
    21100000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Austin Wen

Fund Description

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.


TPYP - Performance

Return Ranking - Trailing

Period TPYP Return Category Return Low Category Return High Rank in Category (%)
YTD 21.7% -3.4% 60.7% 56.30%
1 Yr 26.2% -16.2% 76.4% 42.96%
3 Yr 11.9%* -43.5% 78.7% 30.53%
5 Yr 7.6%* -32.1% 33.9% 16.98%
10 Yr N/A* -10.3% 6.9% N/A

* Annualized

Return Ranking - Calendar

Period TPYP Return Category Return Low Category Return High Rank in Category (%)
2021 35.0% -64.4% 67.5% 31.11%
2020 -11.1% -34.8% 77.7% 34.35%
2019 7.0% -24.8% 7.0% 0.82%
2018 -2.9% -28.4% -2.3% 4.50%
2017 0.4% -14.5% 19.8% 3.03%

Total Return Ranking - Trailing

Period TPYP Return Category Return Low Category Return High Rank in Category (%)
YTD 21.7% -3.4% 60.7% 56.30%
1 Yr 26.2% -21.0% 76.4% 44.60%
3 Yr 11.9%* -43.5% 78.7% 29.63%
5 Yr 7.6%* -32.1% 35.7% 16.36%
10 Yr N/A* -10.3% 6.9% N/A

* Annualized

Total Return Ranking - Calendar

Period TPYP Return Category Return Low Category Return High Rank in Category (%)
2021 35.0% -64.4% 67.5% 31.11%
2020 -11.1% -34.8% 77.7% 34.35%
2019 7.0% -24.8% 7.0% 0.82%
2018 -2.9% -28.4% -2.3% 8.11%
2017 0.4% -14.5% 19.8% 3.03%

TPYP - Holdings

Concentration Analysis

TPYP Category Low Category High TPYP % Rank
Net Assets 580 M 13.6 M 6.88 B 38.06%
Number of Holdings 53 1 175 21.71%
Net Assets in Top 10 336 M 0 5.88 B 44.19%
Weighting of Top 10 58.00% 39.8% 100.0% 72.73%

Top 10 Holdings

  1. Williams Companies Inc 7.94%
  2. Enbridge Inc 7.29%
  3. TC Energy Corp 7.24%
  4. Kinder Morgan Inc Class P 7.14%
  5. Enterprise Products Partners LP 6.14%
  6. ONEOK Inc 6.04%
  7. Cheniere Energy Inc 6.00%
  8. Energy Transfer LP 4.25%
  9. Pembina Pipeline Corp 4.15%
  10. Atmos Energy Corp 3.97%

Asset Allocation

Weighting Return Low Return High TPYP % Rank
Stocks
99.92% 53.33% 133.88% 27.34%
Cash
0.08% -58.21% 13.09% 76.56%
Preferred Stocks
0.00% 0.00% 4.73% 69.53%
Other
0.00% -36.30% 8.13% 59.38%
Convertible Bonds
0.00% 0.00% 5.29% 64.06%
Bonds
0.00% 0.00% 44.12% 66.41%

Stock Sector Breakdown

Weighting Return Low Return High TPYP % Rank
Energy
78.00% 29.76% 100.00% 86.72%
Utilities
22.00% 0.00% 48.96% 10.94%
Technology
0.00% 0.00% 19.24% 74.22%
Real Estate
0.00% 0.00% 14.30% 64.06%
Industrials
0.00% 0.00% 10.08% 74.22%
Healthcare
0.00% 0.00% 0.00% 64.06%
Financial Services
0.00% 0.00% 0.99% 65.63%
Communication Services
0.00% 0.00% 5.06% 64.06%
Consumer Defense
0.00% 0.00% 0.82% 64.06%
Consumer Cyclical
0.00% 0.00% 13.46% 67.97%
Basic Materials
0.00% 0.00% 6.40% 80.47%

Stock Geographic Breakdown

Weighting Return Low Return High TPYP % Rank
US
75.06% 48.92% 130.59% 85.16%
Non US
24.86% 0.00% 39.45% 13.28%

TPYP - Expenses

Operational Fees

TPYP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.35% 13.30% 99.28%
Management Fee 0.40% 0.00% 1.43% 2.21%
12b-1 Fee 0.00% 0.00% 1.00% 12.90%
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

TPYP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 2.25% N/A

Trading Fees

TPYP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TPYP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 6.00% 248.00% 5.08%

TPYP - Distributions

Dividend Yield Analysis

TPYP Category Low Category High TPYP % Rank
Dividend Yield 4.37% 0.00% 24.09% 56.03%

Dividend Distribution Analysis

TPYP Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

TPYP Category Low Category High TPYP % Rank
Net Income Ratio 2.20% -6.38% 6.88% 15.32%

Capital Gain Distribution Analysis

TPYP Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

TPYP - Fund Manager Analysis

Managers

Austin Wen


Start Date

Tenure

Tenure Rank

Mar 30, 2020

2.17

2.2%

Austin Wen, CFA has seven years of investment management experience. Mr. Wen is a Portfolio Manager at Vident, specializing in portfolio management and trading of equity portfolios and commodities based portfolios, as well as risk monitoring and investment analysis. Previously, Mr. Wen was an analyst for Vident Financial, working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a BA in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.

Rafael Zayas


Start Date

Tenure

Tenure Rank

Jun 30, 2020

1.92

1.9%

Rafael Zayas, CFA, is Senior Vice President, Head of Portfolio Management and Trading at Vident Investment Advisory, LLC since June 2020. Mr. Zayas became SVP, Head of Portfolio Management and Trading in June 2020. From 2017 to 2020, he was a Senior Portfolio Manager – International Equity at Vident and has over 15 years of experience that includes managing international equity portfolios, including in emerging and frontier markets. Prior to joining Vident, he was a Portfolio Manager – Direct Investments for seven years at Russell Investments, a global asset manager, where he co-managed more than $4 billion in quantitative strategies across global markets, including the Russell Strategic Call Overwriting Fund, a mutual fund. Mr. Zayas also helped Russell Investments launch its sponsored ETF initiative and advised on index methodologies. Prior to joining Russell Investments, Mr. Zayas was a Portfolio Manager – Equity Indexing at Mellon Capital Management, where he managed assets for internationally listed global equity ETFs. Mr. Zayas graduated with a B.S. in Electrical Engineering from Cornell University and obtained a Certificate in Computational Finance and Risk Management from the University of Washington. He also attained the Chartered Financial Analyst designation in 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 15.78 7.6 12.18