Tortoise North American Energy Independence Fund Investor Class Shares (TNPTX)

13.84
Net Asset Value
-1.07%
1 Day
+18.80%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
5.75
Sales Expenses
6.40%
Expense Ratio
--
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.

Performance

1 month-2.88% 3 years--
3 months+7.12% 5 years--
1 year+29.02% Since inception+33.66%
Data through --

Peer Comparisonvs. Equity energy

 TNPTXCategory
Performance 5-yr return--+13.31%
Expense ratio6.40%1.58%
Risk 5 year sharpe ratio--0.67
Net assets$21.8M$911.4M
Average market cap$22.1B$32.2B
Average P/E24.120.3
Portfolio turnover21%21%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyTortoise Capital Advisors
Fund manager & tenureDavid Schulte / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock94.44%
International stock4.14%
Cash1.42%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EOG EOG Resources Inc9.87%
APC Anadarko Petroleum Corp9.15%
PXD Pioneer Natural Resources Co9.02%
EQT EQT Corp7.23%
NBL Noble Energy Inc7.01%
OXY Occidental Petroleum Corp6.53%
CXO Concho Resources Inc4.54%
CLR Continental Resources Inc4.49%
RRC Range Resources Corp4.46%
APA Apache Corporation4.32%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.