ATLASTortoise North American Pipeline ETF (TPYP): outlook, holdings and fees
Tortoise North American Pipeline ETF (TPYP) is an exchange-traded fund and is managed by Tortoise Capital Advisors, LLC. The expense ratio is 0.39% and the yield is 3.52%. The ten largest holdings are 61% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on TPYP
| Last price | $43.65 (-1.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $42.58 – $45.15 |
| Normal 1-day range (±1σ) | ±1.0% |
| Distribution yield | 3.52% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
TPYP fund facts
| Issuer | Tortoise Capital Advisors, LLC |
|---|---|
| Theme | Energy |
| Assets under management | $864M |
| Expense ratio | 0.39% |
| Number of holdings | 41 |
| Portfolio turnover | 19% |
| Inception | Jun 29, 2015 |
| Exchange | NYSE |
The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name. The underlying index is a float adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. The fund is non-diversified.
TPYP top holdings
| Holding | Sector | Weight |
|---|---|---|
| Kinder Morgan Inc KMI | Energy | 7.53% |
| Targa Resources Inc TRGP | Energy | 7.64% |
| Cheniere Energy Inc LNG | Energy | 7.65% |
| Williams Companies Inc WMB | Energy | 7.86% |
| TC Energy Corp TRP | Energy | 7.02% |
| Enbridge Inc ENB | Energy | 7.44% |
| NiSource Inc NI | Utilities | 4.15% |
| Atmos Energy Corporation ATO | Utilities | 4.18% |
| Pembina Pipeline Corp PPL | Energy | 3.93% |
| Enterprise Products Partners LP EPD | Energy | 3.67% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
TPYP sector breakdown
| Sector | Weight |
|---|---|
| Energy | 86.1% |
| Utilities | 14.0% |
By region: North America 100.0%.
TPYP returns and risk
| Year to date | +21.7% |
|---|---|
| 1 year | +24.0% |
| 3 years (annualised) | +24.8% |
| 5 years (annualised) | +16.8% |
| 10 years (annualised) | +11.2% |
| Volatility (3 years) | 15.3% |
| Sharpe ratio (3 years) | 1.14 |
Past returns do not guarantee future results.
TPYP: frequently asked questions
What does TPYP invest in?
Tortoise North American Pipeline ETF invests in a portfolio of securities. Its largest holdings are Kinder Morgan Inc (7.5%), Targa Resources Inc (7.6%), Cheniere Energy Inc (7.6%), Williams Companies Inc (7.9%), TC Energy Corp (7.0%).
What is the TPYP expense ratio?
0.39% a year: about $39.00 for every $10,000 invested.
What is the TPYP dividend yield?
3.52%. ATLAS does not hold the exact distribution dates for ETFs.
Will TPYP go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $42.58 to $45.15 from $43.65 today. It is a probability, not a prediction.
How has TPYP performed?
Year to date +21.7%, one year +24.0%, three years +24.8% a year, five years +16.8% a year. Past returns do not guarantee future results.
Similar ETFs: Energy
Educational information, not investment advice. Disclaimer