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Tortoise North American Energy Independence Fund C Class Shares (TNPCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund normally will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in securities of North American energy companies. It will typically invest at least 70% of its total assets in securities of upstream energy companies. The fund may invest in LLC common units which represent an ownership interest in the LLC. It may invest no more than 25% of its total assets in the securities of MLPs and other entities treated as qualified publicly traded partnerships. The fund is non-diversified.


1 month-7.90% 3 years-16.03%
3 months-9.96% 5 years--
1 year-9.62% Since inception-5.24%
Data through --

Peer Comparisonvs. Equity energy

Performance 5-yr return---3.79%
Expense ratio7.28%1.48%
Risk 5 year sharpe ratio---0.10
Net assets$5.7M$667.0M
Average market cap$12.3B$25.9B
Average P/E----
Portfolio turnover108%108%

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Fund Management and Purchase Info

Fund familyTortoise Capital Advisors
Fund manager & tenureH. Birzer / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock98.05%
Fixed income0.82%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PXD Pioneer Natural Resources Co8.75%
EOG EOG Resources Inc7.70%
APC Anadarko Petroleum Corp7.07%
CXO Concho Resources Inc6.40%
EQT EQT Corp6.11%
DVN Devon Energy Corp4.94%
FANG Diamondback Energy Inc4.53%
PE Parsley Energy Inc4.01%
NBL Noble Energy3.90%
CLR Continental Resources Inc3.88%