MLP & Pipeline Fund (NASDAQ: TORTX)
The Tortoise MLP & Pipeline Fund focuses on the large and diverse North American pipeline universe. The Fund invests primarily in MLP and pipeline companies that own and operate a network of asset systems that transport, store, distribute, gather and/or process crude oil, refined petroleum products (including biodiesel and ethanol), natural gas or natural gas liquids.
The Fund is designed to provide:
Fund Details As of 12/31/13 (unless noted)
|Total net assets||$1,162 million|
|Investment objective||Total Return|
|Fiscal year end||November 30|
|Structure||Regulated Investment Company (RIC)|
As of 03/07/2014 (unless noted)
- $ 16.38
- $ Chg
- $ -0.03
- Total Return
- Minimum investment
- Redemption fee
- Max front-end load1
- Max deferred load 2
1 You may qualify for sales charge discounts if you invest at least $50,000.
2 No front-end sales charge is payable on Investor Class investments of $1 million or more, although the Fund may impose a Contingent Deferred Sales Charge ("CDSC") of 1% on certain redemptions made within 12 months of purchase.