Tortoise
VIP MLP & Pipeline Portfolio (TVPTX)

Time Period:
  Total return  
Ticker Class Calendar
YTD
1 year 3 year Since
inception1
Expense
ratio gross
Expense
ratio net2
TVPTX Class II 1.07% 2.69% -2.50% -2.81% 3.78% 1.50%
TNAPT Tortoise North American Pipeline IndexSM 2.51% 4.71% 2.41% 1.50%    

The Tortoise North American Pipeline IndexSM is a float-adjusted, capitalization-weighted index of pipeline companies headquartered in the U.S. and Canada. It is not possible to invest directly in an index.

  Total return  
Ticker Class Calendar
YTD
1 year 3 year Since
inception1
Expense
ratio gross
Expense
ratio net2
TVPTX Class II 4.51% 3.03% 0.26% -1.99% 3.78% 1.50%
TNAPT Tortoise North American Pipeline IndexSM 5.88% 4.40% 5.04% 2.24%    

The Tortoise North American Pipeline IndexSM is a float-adjusted, capitalization-weighted index of pipeline companies headquartered in the U.S. and Canada. It is not possible to invest directly in an index.

1Period from portfolio inception (4/30/2014) through 6/30/2018 for quarterly returns and 7/31/2018 for monthly returns.

2Tortoise Capital Advisors, L.L.C. (the "Advisor") has contractually agreed to reimburse the fund for its operating expenses, in order to ensure that total annual fund operating expenses (excluding Rule 12b-1 fees, shareholder service fees, AFFE, brokerage commissions, leverage, interest, taxes, expenses incurred in connection with any merger or reorganization, and extraordinary expenses) do not exceed 1.10% of the average daily net assets of the fund. Expenses reimbursed by the Advisor may be recouped by the Advisor for a period of 36 months following the month during which such reimbursement was made if such recoupment can be achieved without exceeding the expense limit in effect at the time the expense reimbursement occurred and at the time of the recoupment. The Operating Expenses Limitation Agreement will be in effect and cannot be terminated through at least 3/31/2019. Net expense ratio is as of the most recent prospectus and was applicable to investors.

Performance data quoted represent past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the portfolio may be lower or higher than the performance quoted.

 

TVPTX Details

As of 08/17/2018 (unless noted)

Class II

  • NAV
  • $8.96
  • $ Chg
  • $0.11
  • Objective
  • Total return
  • Ticker
  • TVPTX
  • CUSIP
  • 56166Y446