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

7.57
Net Asset Value
+2.71%
1 Day
-16.81%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
5.75
Sales Expenses
2.77%
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-2.82% 3 years--
3 months-19.47% 5 years--
1 year-40.49% Since inception-7.43%
Data through --

Peer Comparisonvs. Equity energy

 TNPTXCategory
Performance 5-yr return--+4.40%
Expense ratio2.77%1.52%
Risk 5 year sharpe ratio--0.14
Net assets$10.7M$672.5M
Average market cap$17.0B$28.0B
Average P/E19.614.7
Portfolio turnover----

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Fund Management and Purchase Info

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

Holdings

U.S. stock91.00%
International stock7.39%
Cash1.60%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
APC Anadarko Petroleum Corp9.08%
EOG EOG Resources Inc8.96%
PXD Pioneer Natural Resources Co8.69%
EQT EQT Corp8.20%
OXY Occidental Petroleum6.26%
-- 5.29%
MRO Marathon Oil4.73%
XEC Cimarex Energy Co4.71%
CXO Concho Resources Inc4.51%
NBL Noble Energy4.34%

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