The Tortoise MLP Index® is a float-adjusted, capitalization-weighted index of energy master limited partnerships (MLPs).

Index Stats as of 9/23/2024:

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Price Return Ticker

TMLP

Total Return Ticker

TMLPT

Base Date

12/31/1999

Inception Date

1/28/2010

Calculated by

S&P Dow Jones Indices

Rebalancing

Quarterly

Number of Constituents

24

Market Capitalization

$264 billion

Average Constituent Size

$10,998 million

Median Constituent Size

$2,889 million

Overview

The Tortoise MLP Index® is a float-adjusted, capitalization-weighted index of energy master limited partnerships (MLPs). The index is comprised of publicly traded companies organized in the form of limited partnerships or limited liability companies engaged in transportation, production, processing and/or storage of energy commodities.

Methodology Summary:

  • Modified float-adjusted, market-capitalization weighting
  • No single issuer greater than 7.5% and no affiliated MLP family greater than 15% in aggregate as of the rebalance reference date

Key Eligibility Requirements:

  • Publicly traded, organized as a limited partnership or a limited liability company, and classified as an "energy MLP" by Tortoise Index Solutions
  • Market capitalization of $200 million
  • Domicile in the United States and listed on the New York Stock Exchange, NASDAQ or NYSE MKT
  • Must pay a distribution greater than or equal to their minimum quarterly distribution at time of index inclusion

Performance

Index Performance (as of 9/30/2024) 1 Year 3 Year 5 Year 10 Year
Total Return 22.56% 24.24% 13.61% 2.72%
Price Return 21.93% 23.73% 13.24% 2.55%

Total Return History

(as of 12/20/2024)

Price Return History

(as of 12/20/2024)

Constituents

Sector Allocations

As of latest rebalance date (9/23/2024)

Top 10 Constituents

As of most recent rebalance date (9/23/2024)
Constituent Name Index Weight
MPLX LP
7.6%
Enlink Midstream LLC
7.4%
Western Midstream Partners LP
7.4%
Enterprise Products Partners LP
7.4%
Hess Midstream LP
7.3%
Constituent Name Index Weight
Black Stone Minerals LP
6.8%
Energy Transfer LP
6.1%
Sunoco LP
6.0%
Alliance Resource Partners
5.8%
Cheniere Energy Partners LP
4.9%