Tortoise
North American Pipeline Fund (NYSE Arca: TPYP)

Time Period:
Total return
  Calendar
YTD
1 year 3 year Since
inception1
Tortoise North American Pipeline Fund market price 3.05% 3.12% 10.20% 1.87%
Tortoise North American Pipeline Fund NAV 3.16% 3.03% 9.67% 1.82%
Tortoise North American Pipeline IndexSM (TNAPT) 3.59% 3.66% 10.42% 2.44%

Source: Bloomberg for TNAPT

Total return
  Calendar
YTD
1 year 3 year Since
inception1
Tortoise North American Pipeline Fund market price -2.48% 0.36% 8.12% 0.15%
Tortoise North American Pipeline Fund NAV -2.37% 0.15% 8.22% 0.11%
Tortoise North American Pipeline IndexSM (TNAPT) -1.91% 0.70% 8.91% 0.71%

Source: Bloomberg for TNAPT



Price/NAV - indexed price returns(as of 12/17/2018 )
Price Chart

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Note: For periods over one year, performance reflected is for the average annual returns.

The Tortoise North American Pipeline IndexSM is a float-adjusted, capitalization-weighted index of pipeline companies headquartered in the U.S. 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.

1. Period from fund inception (6/29/2015) through 9/30/2018 for quarterly returns and 11/30/2018 for monthly returns.

Performance data quoted represent past performance; past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized. NAV prices are used to calculate market price performance prior to the date when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. For the fund’s most recent month end performance, please call (844) TR-INDEX or (844) 874-6339.

As stated in the Prospectus, the total annual operating expenses are 0.40%. The advisor has agreed to pay all expenses incurred by the fund except for the advisory fee, interest, taxes, brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions.

 

TPYP
Fund Stats as of 12/17/2018
Symbol TPYP
Listing Exchange NYSE Arca
CUSIP 56167N720
Inception Date 6/29/2015
Market Price $20.97
NAV $20.99
NAV Change  $-0.60
Premium/(Discount) -0.11%
Price Change  $-0.63
Total Net Assets $200.47M
Total Market Value $200.26M
Shares Outstanding 9.55M
Management Fee 0.40%
Total Expenses 0.40%

Fund Resources
Quarterly Fact Sheet  
Section 19(a) Notifications
Tax Information
Fund documents