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Tortoise North American Pipeline Fund (TPYP)

Energy Limited Partnership | Exchange Traded Fund | NYSE
43.00 USD -0.17 (-0.401%) ⇩ (Aug. 28, 2026, 3:55 p.m. EDT)
After hours: 43.00

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 2:53 a.m. EDT

The pipeline fund presents a compelling case for income-focused investors, anchored by a robust 3.2% dividend yield supported by a consistent payout history that has grown steadily over the last few years. The underlying business quality is evident in the multi-year trajectory, which shows a cumulative gain of over 55% driven by five years of positive annual returns, effectively neutralizing the drag from four prior years of declines. While the stock recently corrected slightly from its highs, it remains well-supported by the 200-day moving average, and the technical setup suggests a slight upward lean as it trades above key averages. However, the valuation is not cheap at a trailing P/E of roughly 22x, reflecting the market's premium for the steady growth and reliable cash flows. The options market reinforces this view, with speculators positioning for upside rather than protection, though the lack of deep out-of-the-money call volume suggests the immediate move may be measured. This is a solid core holding for a utility-style energy portfolio, offering a blend of defensive characteristics and moderate growth potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.012063
AutoARIMA0.013182
AutoETS0.013182
MSTL0.013727

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 60%
H-stat 0.37
Ljung-Box p 0.000
Jarque-Bera p 0.815
Excess Kurtosis -0.46
Attribute Value
Trailing P/E 22.37

As of Aug. 22, 2026, 2:53 a.m. EDT: Call activity dominates the landscape, with significant open interest concentrated at the $41 and $43 strikes for the September expiration, suggesting a bullish bias near current levels. The December expiration shows heavy in-the-money positioning at the $42 strike, indicating a floor expectation around $42. Notably, there is a complete absence of put volume and open interest for the December expiration, implying a lack of hedging demand or bearish conviction at these levels.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.82% 3.51% 4.10% 4.42%
Dividend History
Date Dividend Yield %
2026-06-25 0.350 0.821307
2026-03-26 0.341 0.791734
2025-12-31 0.336 0.952003
2025-09-25 0.345 0.948845
2025-06-26 0.346 0.975197
2025-03-27 0.355 0.980392
2024-12-31 0.347 1.017894
2024-09-26 0.338 1.089971
2024-06-27 0.327 1.139770
2024-03-20 0.332 1.214338
2023-12-28 0.298 1.147036
2023-09-20 0.305 1.213206
2023-06-21 0.331 1.366075
2023-03-22 0.320 1.378716
2022-12-29 0.270 1.090468
2022-09-21 0.286 1.138082
2022-06-22 0.271 1.145393
2022-03-23 0.280 1.089494
2021-12-30 0.274 1.244889
2021-09-22 0.293 1.377527
2021-06-23 0.267 1.174142
2021-03-24 0.247 1.233766
2020-12-30 0.243 1.410331
2020-09-23 0.268 1.799866
2020-06-24 0.244 1.496933
2020-03-25 0.310 2.362805
2019-12-30 0.224 0.963027
2019-09-25 0.280 1.190476
2019-06-26 0.278 1.176969
2019-03-20 0.263 1.098580
2018-12-28 0.155 0.787602
2018-09-26 0.274 1.187690
2018-06-20 0.229 0.993794
2018-03-21 0.254 1.200378
2017-12-28 0.170 0.729144
2017-09-20 0.269 1.144827
2017-06-20 0.217 0.966162
2017-03-28 0.211 0.885439
2016-12-28 0.174 0.735729
2016-09-20 0.211 0.918190
2016-06-21 0.231 1.062069
2015-12-29 0.226 1.271091
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2017-03-31
dividendYield 3.2

Info Dump

Attribute Value
All Time High 44.65
All Time Low 10.92
Ask 45.0
Ask Size 500
Average Daily Volume10 Day 36,700
Average Daily Volume3 Month 54,025
Average Volume 54,025
Average Volume10Days 36,700
Beta3 Year 0.27
Bid 40.9
Bid Size 100
Category Energy Limited Partnership
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 43.27
Day Low 42.935
Dividend Date 1,490,918,400
Dividend Yield 3.2
Eps Trailing Twelve Months 1.9224421
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.78178
Fifty Day Average Change 0.21511841
Fifty Day Average Change Percent 0.0050282716
Fifty Two Week Change Percent 21.332205
Fifty Two Week High 44.65
Fifty Two Week High Change -1.6531029
Fifty Two Week High Change Percent -0.037023578
Fifty Two Week Low 33.94
Fifty Two Week Low Change 9.0569
Fifty Two Week Low Change Percent 0.26685032
Fifty Two Week Range 33.94 - 44.65
First Trade Date Milliseconds 1,435,671,000,000
Five Year Average Return 0.1977678
Full Exchange Name NYSE
Fullday Change -0.1731
Fullday Change Percent -0.400972
Fullday Price 42.9969
Fund Family Tortoise Capital Advisors, LLC
Fund Inception Date 1,435,536,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name. The underlying index is a float adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. The fund is non-diversified.
Long Name Tortoise North American Pipeline Fund
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_297929091
Nav Price 43.4517
Net Assets 877,418,750.0
Net Expense Ratio 0.4
Open 43.19
Phone (414) 287-3700
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 42.9969
Post Market Time 1,787,959,806
Previous Close 43.17
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.1731
Regular Market Change Percent -0.400972
Regular Market Day High 43.27
Regular Market Day Low 42.935
Regular Market Day Range 42.935 - 43.27
Regular Market Open 43.19
Regular Market Previous Close 43.17
Regular Market Price 42.9969
Regular Market Time 1,787,946,950
Regular Market Volume 39,000
Shares Outstanding 0
Short Name Tortoise North American Pipelin
Source Interval 15
Symbol TPYP
Three Year Average Return 0.248144
Total Assets 877,418,752
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 22.36577
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.40816
Trailing Three Month Returns -0.40816
Triggerable 1
Two Hundred Day Average 40.33953
Two Hundred Day Average Change 2.6573677
Two Hundred Day Average Change Percent 0.06587503
Type Disp ETF
Volume 39,000
Yield 0.032
Ytd Return 23.52913