Index Stats as of 12/23/2024:
Overview
Performance
| Index Performance (as of 9/30/2024) | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Total Return | 35.12% | 19.31% | 12.34% | 6.34% |
| Price Return | 29.36% | 17.52% | 11.28% | 5.81% |
The Tortoise North American Pipeline Index℠ is a float-adjusted, capitalization-weighted index of pipeline companies headquartered in the United States and Canada.
Index Stats as of 12/23/2024:
Price Return Ticker
TNAP
Total Return Ticker
TNAPT
Base Date
12/31/1999
Inception Date
6/27/2011
Calculated by
S&P Dow Jones Indices
Rebalancing
Quarterly
Number of Constituents
43
Market Capitalization
$821 billion
Average Constituent Size
$19,100 million
Median Constituent Size
$6,836 million
The Tortoise North American Pipeline IndexSM is a float-adjusted, capitalization-weighted index of pipeline companies headquartered in the United States and Canada. A pipeline company is defined as a company that either 1) has been assigned a standard industrial classification (“SIC”) system code that indicates the company operates in the energy pipeline industry or 2) has at least 50% of its assets, cash flow or revenue associated with the operation or ownership of energy pipelines.
Pipeline companies engage in the business of transporting natural gas, crude oil and refined products, storing, gathering and processing such gas, oil and products and local gas distribution. The index includes pipeline companies structured as corporations, limited liability companies and master limited partnerships (MLPs).
| Index Performance (as of 9/30/2024) | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Total Return | 35.12% | 19.31% | 12.34% | 6.34% |
| Price Return | 29.36% | 17.52% | 11.28% | 5.81% |
As of latest rebalance date (12/23/2024)
| Constituent Name | Index Weight |
|---|---|
Kinder Morgan Inc | 7.7% |
Enbridge Inc | 7.6% |
The Williams Companies Inc. | 7.5% |
ONEOK, Inc. | 7.4% |
TC Energy Corp | 7.4% |
| Constituent Name | Index Weight |
|---|---|
Cheniere Energy Inc | 7.2% |
Atmos Energy Corp | 4.1% |
Nisource Inc | 4.1% |
Energy Transfer LP | 4.1% |
Enterprise Products Partners LP | 4.0% |
Price Return Ticker
TNAP
Total Return Ticker
TNAPT
Base Date
12/31/1999
Inception Date
6/27/2011
Calculated by
S&P Dow Jones Indices
Rebalancing
Quarterly
Number of Constituents
43
Market Capitalization
$821 billion
Average Constituent Size
$19,100 million
Median Constituent Size
$6,836 million