Advisory Research MLP & Energy Infras I
Name
As of 06/25/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
19.4%
1 yr return
26.4%
3 Yr Avg Return
0.0%
5 Yr Avg Return
1.4%
Net Assets
$19 M
Holdings in Top 10
48.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 78.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
$5,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/25/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MLPPX - Profile
Distributions
- YTD Total Return 19.4%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.00%
- Dividend Yield 7.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameTortoise MLP & Energy Infrastructure Fund
-
Fund Family NameAdvisory Research
-
Inception DateSep 09, 2010
-
Shares Outstanding3089053
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerQuinn Kiley
Fund Description
MLPPX - Performance
Return Ranking - Trailing
Period | MLPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.4% | 4.1% | 78.0% | 87.41% |
1 Yr | 26.4% | -43.8% | 77.0% | 88.49% |
3 Yr | 0.0%* | -46.4% | 7.0% | 26.28% |
5 Yr | 1.4%* | -33.2% | 6.0% | 28.23% |
10 Yr | 2.0%* | -22.6% | 5.8% | 20.00% |
* Annualized
Return Ranking - Calendar
Period | MLPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -23.1% | -64.4% | 319.9% | 39.86% |
2022 | 4.2% | -10.0% | 18.9% | 44.96% |
2021 | -21.6% | -41.7% | -10.9% | 52.50% |
2020 | -13.3% | -59.9% | -1.4% | 57.01% |
2019 | 22.3% | -10.3% | 459.2% | 42.00% |
Total Return Ranking - Trailing
Period | MLPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.4% | 4.1% | 78.0% | 87.41% |
1 Yr | 26.4% | -43.8% | 77.0% | 85.61% |
3 Yr | 0.0%* | -46.4% | 7.0% | 24.09% |
5 Yr | 1.4%* | -33.2% | 6.0% | 23.39% |
10 Yr | 2.0%* | -22.6% | 5.8% | 18.00% |
* Annualized
Total Return Ranking - Calendar
Period | MLPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -23.1% | -64.4% | 215.7% | 36.23% |
2022 | 4.2% | -87.2% | 18.9% | 44.96% |
2021 | -14.1% | -83.3% | -9.4% | 15.83% |
2020 | -5.9% | -59.9% | 0.4% | 26.17% |
2019 | 33.2% | -10.3% | 65.5% | 25.00% |
NAV & Total Return History
MLPPX - Holdings
Concentration Analysis
MLPPX | Category Low | Category High | MLPPX % Rank | |
---|---|---|---|---|
Net Assets | 19 M | 2.23 M | 5.46 B | 95.00% |
Number of Holdings | 37 | 18 | 145 | 49.19% |
Net Assets in Top 10 | 8.58 M | 3.33 M | 4.51 B | 94.35% |
Weighting of Top 10 | 48.57% | 37.1% | 87.2% | 93.16% |
Top 10 Holdings
- ONEOK Inc 6.16%
- Williams Companies Inc 6.01%
- MPLX LP Partnership Units 5.26%
- Cheniere Energy Inc 4.89%
- Enterprise Products Partners LP 4.76%
- NextEra Energy Partners LP 4.70%
- Enbridge Inc 4.55%
- Magellan Midstream Partners Lp 4.24%
- Energy Transfer LP 4.23%
- TC Energy Corp 4.08%
Asset Allocation
Weighting | Return Low | Return High | MLPPX % Rank | |
---|---|---|---|---|
Stocks | 73.12% | 45.17% | 136.36% | 96.77% |
Bonds | 25.87% | 0.00% | 48.38% | 1.61% |
Preferred Stocks | 1.01% | 0.00% | 3.81% | 12.10% |
Other | 0.00% | -33.19% | 12.12% | 12.10% |
Convertible Bonds | 0.00% | 0.00% | 5.73% | 3.23% |
Cash | 0.00% | -37.20% | 3.08% | 77.42% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MLPPX % Rank | |
---|---|---|---|---|
Energy | 83.16% | 20.57% | 100.00% | 80.65% |
Utilities | 16.84% | 0.00% | 54.20% | 17.74% |
Technology | 0.00% | 0.00% | 23.49% | 20.16% |
Real Estate | 0.00% | 0.00% | 5.71% | 6.45% |
Industrials | 0.00% | 0.00% | 13.35% | 25.00% |
Healthcare | 0.00% | 0.00% | 0.00% | 2.42% |
Financial Services | 0.00% | 0.00% | 12.53% | 26.61% |
Communication Services | 0.00% | 0.00% | 3.72% | 5.65% |
Consumer Defense | 0.00% | 0.00% | 1.20% | 24.19% |
Consumer Cyclical | 0.00% | 0.00% | 3.04% | 5.65% |
Basic Materials | 0.00% | 0.00% | 6.89% | 50.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MLPPX % Rank | |
---|---|---|---|---|
US | 62.74% | 41.33% | 129.87% | 93.55% |
Non US | 10.38% | 0.00% | 43.35% | 60.48% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MLPPX % Rank | |
---|---|---|---|---|
Corporate | 99.99% | 0.00% | 100.00% | 1.72% |
Cash & Equivalents | 0.01% | 0.00% | 100.00% | 99.14% |
Derivative | 0.00% | 0.00% | 10.14% | 3.45% |
Securitized | 0.00% | 0.00% | 0.00% | 2.59% |
Municipal | 0.00% | 0.00% | 0.00% | 2.59% |
Government | 0.00% | 0.00% | 31.17% | 3.45% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MLPPX % Rank | |
---|---|---|---|---|
US | 21.97% | 0.00% | 48.38% | 2.42% |
Non US | 3.90% | 0.00% | 3.93% | 3.23% |
MLPPX - Expenses
Operational Fees
MLPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.02% | 0.40% | 13.30% | 78.72% |
Management Fee | 0.75% | 0.00% | 2.64% | 9.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.25% | 41.15% |
Sales Fees
MLPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MLPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 100.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MLPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 78.00% | 8.00% | 314.43% | 58.40% |
MLPPX - Distributions
Dividend Yield Analysis
MLPPX | Category Low | Category High | MLPPX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.13% | 0.00% | 2.98% | 18.88% |
Dividend Distribution Analysis
MLPPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
MLPPX | Category Low | Category High | MLPPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.00% | -25.67% | 6.88% | 19.84% |
Capital Gain Distribution Analysis
MLPPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 27, 2019 | $0.178 | |
Dec 28, 2018 | $0.011 | |
Nov 29, 2018 | $0.178 | |
Aug 30, 2018 | $0.178 | |
May 30, 2018 | $0.178 | |
Feb 27, 2018 | $0.178 | |
Dec 28, 2017 | $0.009 | |
Nov 29, 2017 | $0.178 | |
Aug 30, 2017 | $0.178 | |
May 30, 2017 | $0.178 | |
Feb 27, 2017 | $0.178 | |
Dec 29, 2016 | $0.007 | |
Nov 29, 2016 | $0.178 | |
Aug 30, 2016 | $0.178 | |
May 27, 2016 | $0.178 | |
Feb 26, 2016 | $0.178 | |
Dec 30, 2015 | $0.019 | |
Nov 24, 2015 | $0.176 | |
Aug 28, 2015 | $0.175 | |
May 28, 2015 | $0.174 | |
Feb 26, 2015 | $0.172 | |
Dec 30, 2014 | $0.018 | |
Nov 25, 2014 | $0.247 | |
Aug 28, 2014 | $0.170 | |
May 29, 2014 | $0.169 | |
Feb 27, 2014 | $0.167 | |
Nov 26, 2013 | $0.166 | |
Aug 29, 2013 | $0.165 | |
May 30, 2013 | $0.164 | |
Feb 27, 2013 | $0.162 | |
Nov 29, 2012 | $0.161 | |
Aug 30, 2012 | $0.160 | |
May 30, 2012 | $0.150 | |
Feb 28, 2012 | $0.150 | |
Nov 30, 2011 | $0.150 | |
Aug 31, 2011 | $0.150 | |
May 31, 2011 | $0.150 | |
Feb 28, 2011 | $0.150 | |
Nov 29, 2010 | $0.060 |
MLPPX - Fund Manager Analysis
Managers
Quinn Kiley
Start Date
Tenure
Tenure Rank
Sep 09, 2010
10.73
10.7%
Mr. Kiley joined the firm in 2005 through a predecessor firm and is a senior portfolio manager for the Tortoise MLP & Energy Income Fund and the Tortoise MLP & Energy Infrastructure fund, open-end mutual funds. Additionally, he serves as portfolio manager for the Fiduciary/Claymore Energy Infrastructure Fund, a closed-end mutual fund. He previously served as vice president of Corporate & Investment Banking at Banc of America Securities in New York and was responsible for executing strategic advisory and financing transactions for clients in the energy & power sectors. Mr. Kiley graduated from Washington & Lee University with a Bachelor of Science degree with honors in geology and also earned a Master of Science degree in geology from the University of Montana, and a Master of Business Administration degree from the Kelley School of Business at Indiana University. Additionally, he earned a Juris Doctorate from Indiana University School of Law and was admitted to the bar in New York. He serves on the finance committees of Rossman School and the Magic House. 032521
Brian Kessens
Start Date
Tenure
Tenure Rank
Oct 30, 2020
0.58
0.6%
Mr. Brian Kessens joined the firm in 2008. He is a managing director and senior portfolio manager, a member of the investment committee and serves as president of the Tortoise Pipeline & Energy Fund, Inc. and Tortoise Power & Energy Infrastructure Fund, Inc. closed-end funds. Previously, Mr. Kessens was a vice president in Citigroup’s global energy investment banking practice. Prior to Citigroup, he served as a field artillery officer in the U.S. Army. Mr. Kessens earned a Bachelor of Science in economics degree from the U.S. Military Academy at West Point and a Master of Business Administration degree from Columbia Business School in New York. He is a CFA® charterholder. He served as Board President and nearly a decade as a board member and Treasurer for the Children’s Center for the Visually Impaired (CCVI), a Kansas City nonprofit preparing children with visual impairments to reach their highest potential in the sighted world. 032521
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 17.27 | 6.89 | 11.18 |