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

Index Stats as of 12/23/2024:

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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

$281 billion

Average Constituent Size

$11,702 million

Median Constituent Size

$2,735 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 1/16/2025)

Price Return History

(as of 1/16/2025)

Constituents

Sector Allocations

As of latest rebalance date (12/23/2024)

Top 10 Constituents

As of most recent rebalance date (12/23/2024)
Constituent Name Index Weight
Hess Midstream LP
7.8%
Western Midstream Partners LP
7.7%
MPLX LP
7.6%
Enterprise Products Partners LP
7.4%
Enlink Midstream LLC
7.4%
Constituent Name Index Weight
Energy Transfer LP
6.2%
Black Stone Minerals LP
6.2%
Sunoco LP
6.0%
Alliance Resource Partners
5.9%
Cheniere Energy Partners LP
5.2%