Tortoise Capital Ownership
| TPYP Etf | USD 34.98 0.14 0.40% |
Tortoise | Build AI portfolio with Tortoise Etf |
Tortoise Etf Ownership Analysis
Tortoise Capital is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 46 constituents with avarage daily trading value of 40.6 K. The fund charges 0.4 percent management fee with a total expences of 0.4 percent of total asset. The fund created five year return of 21.0%. Tortoise Capital Series maintains 99.79% of assets in stocks. This fund last dividend was 0.244 per share. The fund will normally invest at least 80 percent of its total assets in securities that comprise the underlying index . Tortoise North is traded on NYSEARCA Exchange in the United States. To find out more about Tortoise Capital Series contact the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Tortoise Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Tortoise Capital , and the less return is expected.
Currency Exposure (%)
Investment Allocations (%)
Top Etf Constituents
| ATO | Atmos Energy | Stock | |
| EPD | Enterprise Products Partners | Stock | |
| ET | Energy Transfer LP | Stock | |
| KMI | Kinder Morgan | Stock | |
| LNG | Cheniere Energy | Stock | |
| NI | NiSource | Stock | |
| OGS | One Gas | Stock | |
| OKE | ONEOK Inc | Stock | |
| TRGP | Targa Resources | Stock | |
| WMB | Williams Companies | Stock |
Tortoise Capital's latest congressional trading
Congressional trading in companies like Tortoise Capital Series, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Tortoise Capital by those in governmental positions are based on the same information available to the general public.
| 2024-10-18 | Senator John Boozman | Acquired $15K to $50K | Verify | ||
| 2024-10-17 | Senator John Boozman | Acquired $15K to $50K | Verify | ||
| 2023-07-12 | Senator John Boozman | Acquired Under $15K | Verify |
Tortoise Capital Outstanding Bonds
Tortoise Capital issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tortoise Capital Series uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tortoise bonds can be classified according to their maturity, which is the date when Tortoise Capital Series has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Tortoise Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tortoise Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tortoise Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Tortoise Etf
The ability to find closely correlated positions to Tortoise Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tortoise Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tortoise Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tortoise Capital Series to buy it.
The correlation of Tortoise Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tortoise Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tortoise Capital Series moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tortoise Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Capital Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Tortoise Capital Series is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Capital's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Capital's market value can be influenced by many factors that don't directly affect Tortoise Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.