TYPY Performance — Tortoise North American Pipeline Fund
Data updated: 2025-04-14
TYPY returned +41.15% over one year to Feb 2025. Annualised returns are +18.48% over 3 years and +17.71% over 5 years. The fund beat its Utilities Equity category average: $100 invested three years ago grew to $166, against $129 for the category, and to $141 over one year, against $130. Volatility over the past three years was 18.04% a year. In the 12 months to Feb 2025 the fund took in a net $92.7M, and assets reached $741.29M.
TYPY Growth of $100
What $100 invested in Tortoise North American Pipeline Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Utilities Equity category average over the same months.
| Period | TYPY | Category average |
|---|---|---|
| 1 year (Mar 2024 – Feb 2025) | $141 | $130 |
| 3 years (Mar 2022 – Feb 2025) | $166 | $129 |
| 5 years (Mar 2020 – Feb 2025) | $226 | $153 |
| Since data start (Sep 2019 – Feb 2025) | $206 | $151 |
TYPY Trailing Returns
Total returns to Feb 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +41.15% |
| 3 years (annualised) | +18.48% |
| 5 years (annualised) | +17.71% |
TYPY Annual Returns
Calendar-year total returns of Tortoise North American Pipeline Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Feb) | +5.43% |
| 2024 | +37.34% |
| 2023 | +10.80% |
| 2022 | +16.11% |
| 2021 | +34.75% |
| 2020 | −20.81% |
| 2019 (Sep–Dec) | +3.82% |
TYPY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +2.8% | +2.6% | — | — | — | — | — | — | — | — | — | — |
| 2024 | −0.7% | +3.3% | +6.1% | −1.2% | +3.4% | +1.9% | +4.5% | +4.3% | +1.2% | +3.8% | +12.6% | −6.1% |
| 2023 | +4.2% | −3.7% | −0.2% | +1.6% | −4.7% | +6.0% | +3.6% | −1.0% | −1.8% | −0.2% | +7.0% | +0.4% |
| 2022 | +6.8% | +4.9% | +7.4% | −2.2% | +6.3% | −10.8% | +8.8% | −1.5% | −10.2% | +9.9% | +4.2% | −5.6% |
| 2021 | +2.9% | +6.0% | +8.2% | +5.8% | +4.2% | +2.5% | −2.7% | −1.6% | +2.1% | +6.1% | −6.4% | +4.0% |
| 2020 | −2.5% | −9.7% | −32.4% | +21.6% | +5.2% | −3.9% | +0.2% | +1.5% | −9.2% | +0.7% | +16.1% | +0.4% |
| 2019 | — | — | — | — | — | — | — | — | +2.5% | −3.6% | −1.6% | +6.8% |
TYPY Risk
Risk measures from monthly returns over Mar 2022 – Feb 2025.
- 3-year volatility (annualised): 18.04%
- 3-year Sharpe ratio: 0.77 (vs 4.5% risk-free rate)
- Best month: +12.64% (Nov 2024)
- Worst month: −10.79% (Jun 2022)
TYPY Fund Flows
Monthly money in and out of Tortoise North American Pipeline Fund, from SEC Form N-PORT.
- 12-month net flow: $92.7M
- 12-month gross sales (incl. reinvestments): $213.4M
- Sales ÷ redemptions: 1.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2025 | $10.6M | $0 | $10.6M |
| Jan 2025 | $37.5M | $0 | $37.5M |
| Dec 2024 | $34.0M | $18.7M | $15.3M |
| Nov 2024 | $0 | $12.4M | −$12.4M |
| Oct 2024 | $0 | $4.9M | −$4.9M |
| Sep 2024 | $15.8M | $40.7M | −$24.9M |
| Aug 2024 | $6.1M | $0 | $6.1M |
| Jul 2024 | $25.1M | $15.0M | $10.1M |
| Jun 2024 | $10.0M | $10.0M | $25K |
| May 2024 | $4.2M | $0 | $4.2M |
| Apr 2024 | $57.8M | $4.1M | $53.7M |
| Mar 2024 | $12.3M | $15.1M | −$2.8M |
TYPY Assets Under Management
Net assets of Tortoise North American Pipeline Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-02-28 | $741.29M |
| 2024-11-30 | $690.04M |
| 2024-08-31 | $630.12M |
| 2024-05-31 | $558.04M |
| 2024-02-29 | $467.73M |
| 2023-11-30 | $504.00M |
| 2023-08-31 | $499.27M |
| 2023-05-31 | $472.79M |
| 2023-02-28 | $529.52M |
| 2022-11-30 | $560.03M |
| 2022-08-31 | $568.98M |
| 2022-05-31 | $580.07M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.