TPYP
Tortoise North American Pipeline Fund
📎 Investment Objective
The Tortoise North American Pipeline Fund (TPYP) seeks to provide total return through a combination of capital appreciation and current income.
Overview
ETF tracking Tortoise North American Pipeline Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tortoise North American Pipeline Fund (TPYP) seeks to provide total return through a combination of capital appreciation and current income.
🎯 Investment Strategy
The fund invests primarily in equity securities of North American pipeline companies, including master limited partnerships (MLPs) and other midstream energy infrastructure companies. The fund aims to provide exposure to the North American energy infrastructure sector.
✨ Key Features
- Focuses on North American pipeline and midstream energy companies
- Potential for current income and capital appreciation
- Provides exposure to the energy infrastructure sector
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk in the energy infrastructure sector
- Potential volatility due to the nature of the underlying investments
- Risks associated with MLPs, such as tax complexities and regulatory changes
- Liquidity risk due to the fund's small asset size
👤 Best For
This ETF may be suitable for investors seeking exposure to the North American energy infrastructure sector, with a focus on potential income and capital appreciation. Investors should have a moderate to high-risk tolerance and a long-term investment horizon to accommodate the potential volatility of the underlying investments.