Tortoise MLP & Pipeline Fund Class A (TORTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
18.87
-0.03 (-0.16%)
Dec 27, 2024, 4:47 PM EST
33.36% (1Y)
| Fund Assets | 3.24B |
| Expense Ratio | 1.18% |
| Min. Investment | $2,500 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 4.68% |
| Dividend Growth | 29.51% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Nov 26, 2024 |
| Previous Close | 18.90 |
| YTD Return | 41.54% |
| 1-Year Return | 41.71% |
| 5-Year Return | 94.19% |
| 52-Week Low | 13.74 |
| 52-Week High | 20.50 |
| Beta (5Y) | 0.78 |
| Holdings | 30 |
| Inception Date | Jun 3, 2011 |
About TORTX
The fund normally invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of MLPs and pipeline companies. The advisor intends to focus its investments primarily in equity securities of MLPs and pipeline companies that own and operate a network of energy infrastructure asset systems that transport, store, distribute, gather and/or process crude oil, refined petroleum products (including biodiesel and ethanol), natural gas or natural gas liquids. It is non-diversified.
Fund Family Tortoise Capital Advisors, LLC
Category Energy MLP Funds
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TORTX
Index Index is not available on Lipper Database
Performance
TORTX had a total return of 41.71% in the past year. Since the fund's inception, the average annual return has been 8.76%, including dividends.
Top 10 Holdings
69.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Targa Resources Corp. | TRGP | 9.65% |
| Cheniere Energy, Inc. | LNG | 9.44% |
| MPLX LP | MPLX | 7.81% |
| ONEOK, Inc. | OKE | 7.61% |
| The Williams Companies, Inc. | WMB | 7.54% |
| Energy Transfer LP | ET | 7.36% |
| TC Energy Corporation | TRP | 5.10% |
| Kinder Morgan, Inc. | KMI | 4.98% |
| Enbridge Inc. | ENB | 4.94% |
| Pembina Pipeline Corporation | PPL | 4.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 26, 2024 | $0.198 | Nov 26, 2024 |
| Aug 22, 2024 | $0.198 | Aug 22, 2024 |
| May 23, 2024 | $0.198 | May 23, 2024 |
| Feb 22, 2024 | $0.198 | Feb 22, 2024 |
| Dec 28, 2023 | $0.15636 | Dec 28, 2023 |
| Nov 28, 2023 | $0.115 | Nov 28, 2023 |