Tortoise Pipeline & Energy Fund Inc (TTP)
24.99
-0.12
(-0.48%)
USD |
NYSE |
Mar 28, 16:00
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.92% | -17.47% | 63.36M | 7738.57 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0.20% | 8.18% | 33712.57 | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of total return with an emphasis on current distributions paid to stockholders. TTP invests primarily in equity securities of North American pipeline companies that transport natural gas, natural gas liquids, crude oil and refined products and, to a lesser extent, in other energy infrastructure companies. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Specialty - Natural Resources |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| Tortoise North American Pipeline TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Matthew Sallee | 11.35 yrs |
| Brian Kessens | 7.67 yrs |
| James Mick | 5.79 yrs |
| Robert Thummel | 5.79 yrs |
| Stephen Pang | 5.79 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
32
33712.57
-310.80M
Category Low
177.21M
Category High
3 Months
% Rank:
--
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Category High
3 Years
% Rank:
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6 Months
% Rank:
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
--
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Category Low
--
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10 Years
% Rank:
--
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Category Low
--
Category High
As of January 31, 2018
Risk
Performance Versus Category
As of March 28, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 28, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Williams Companies Inc | 9.91% | 29.08 | 0.73% |
| Enbridge Inc | 8.37% | 37.76 | 2.80% |
| ONEOK Inc | 8.15% | 61.81 | 1.36% |
| Kinder Morgan Inc Class P | 8.04% | 17.22 | 0.91% |
| Plains GP Holdings LP Class A | 7.43% | 12.86 | 0.35% |
| TC Energy Corp | 5.17% | 39.69 | 2.58% |
| MPLX LP Partnership Units | 5.03% | 34.42 | 0.63% |
| Energy Transfer LP | 4.97% | 12.24 | 1.58% |
| Enterprise Products Partners LP | 4.75% | 25.48 | 0.20% |
| Pembina Pipeline Corp | 4.58% | 31.76 | 1.16% |
News
Headline
Wire
Time (ET)
Accesswire
03/01 19:15
Accesswire
02/28 16:15
Tortoise Announces Distribution Amounts for Its Closed-End Funds, Including a 12.5% Increase for NDP
Accesswire
02/09 17:10
Accesswire
02/07 18:55
Accesswire
02/01 19:55
Yahoo
01/03 21:35
Accesswire
12/01 20:05
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of total return with an emphasis on current distributions paid to stockholders. TTP invests primarily in equity securities of North American pipeline companies that transport natural gas, natural gas liquids, crude oil and refined products and, to a lesser extent, in other energy infrastructure companies. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Energy Limited Partnership |
| Category Index | Morningstar MLP Composite TR USD |
| Global Category Name | Energy Sector Equity |
| YCharts Categorization | Energy Equity |
| YCharts Benchmark | S&P 1500 Energy (Sector) Total Return (^SP15NRGSTR) |
| Prospectus Objective | Specialty - Natural Resources |
| Fund Owner Firm Name | Tortoise Capital Advisors, LLC |
| Prospectus Benchmark Index | |
| Tortoise North American Pipeline TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Matthew Sallee | 11.35 yrs |
| Brian Kessens | 7.67 yrs |
| James Mick | 5.79 yrs |
| Robert Thummel | 5.79 yrs |
| Stephen Pang | 5.79 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-28-23) | 0.20% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 13.80 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of December 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 10/27/2011 |
| Last Annual Report Date | 11/30/2022 |
| Last Prospectus Date | 10/27/2011 |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Accesswire
03/01 19:15
Accesswire
02/28 16:15
Tortoise Announces Distribution Amounts for Its Closed-End Funds, Including a 12.5% Increase for NDP
Accesswire
02/09 17:10
Accesswire
02/07 18:55
Accesswire
02/01 19:55
Yahoo
01/03 21:35
Accesswire
12/01 20:05