TPYP

Fund Description
The Tortoise North American Pipeline Fund uses a passive management approach and seeks to track the total return performance of the Tortoise North American Pipeline Index. The Tortoise North American Pipeline Index SM is a float-adjusted, capitalization weighted index of pipeline companies headquartered in the United States and Canada. A pipeline company is defined as a company that either 1) has been assigned a standard industrial classification ( SIC ) system code that indicates the company operates in the energy pipeline industry or 2) has at least 50% of its assets, cash flow or revenue associated with the operation or ownership of energy pipelines. Pipeline companies engage in the business of transporting natural gas, crude oil and refined products, storing, gathering and processing such as gas, oil and products and local gas distribution. The index includes pipeline companies structured as corporations limited liability companies and master limited partnerships (MLPs).
Fund Profile
Fund Name Tortoise North American Pipeline Fund
Fund Exchange Ticker TPYP
Fund Sponsor Tortoise Index Solutions
Fund ISIN US56167N7205
Net Expense Ratio 0.40 %
Fund Inception Date 30 June 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Tortoise North American Pipeline Index
Index Provider Tortoise Index Solutions
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 19 March 2019
Asset Under Management 341.76 Million (USD)
1 Month Total Return 3.53 %
Year To Date Return 20.94 %
1 Year Total Return 17.63 %
3 Year Annualized Total Return 12.88 %
NAV 24.0676
Share Outstanding 14,200,000
Top 10 Holdings (19 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ONEOK INC OKE EQUI 0.0760000000
WILLIAMS COS INC WMB EQUI 0.0749000000
ENBRIDGE INC ENB EQUI 0.0748000000
TRANSCANADA CORP TRP EQUI 0.0739000000
KINDER MORGAN INC KMI EQUI 0.0730000000
PEMBINA PIPELINE CORP PPL EQUI 0.0610000000
ENTERPRISE PRODUCTS PARTNERS EPD MLP 0.0534000000
CHENIERE ENERGY INC LNG EQUI 0.0491000000
ENERGY TRANSFER LP ET MLP 0.0452000000
ATMOS ENERGY CORP ATO EQUI 0.0382000000