Important Information
The information in this presentation reflects TCA views and opinions as of date herein which are subject to change at any time based on market and other conditions. This presentation contains certain statements that may include “forward-looking statements.” All statements, other than statements of historical fact, included herein are “forward-looking statements.” Although Tortoise believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual events could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this publication. Tortoise does not assume a duty to update these forward-looking statements. This material should not be relied upon as investment or tax advice and is not intended to predict or depict performance of any investment. Companies mentioned are being shown for informational purposes only. This presentation is provided for information only and shall not constitute an offer to sell or a solicitation of an offer to buy any securities. Investing involves risk, including possible loss of principal.
Technology = S&P 500 Info Tech Index, Communication Services = S&P 500 Comm Svc Index, Energy Infrastructure = Alerian Midstream Energy Index, Energy = S&P 500 Energy Index, Financials = S&P 500 Financials Index, Utilities = S&P 500 Utilities Index, Consumer Staples = S&P 500 Consumer Staples Index, Health Care = S&P 500 Health Care Index, Industrials = S&P 500 Industrials Index, Consumer Discretionary = S&P 500 Cons Staples Index, Materials = S&P 500 Materials Index, Real Estate = S&P 500 Real Estate Index, MLPs = Alerian MLP Index, Energy Infrastructure = Alerian Midstream Energy Index, Refiners = weighted average of returns of VLO, MPC, PSX, DK, PBF, and DINO based on market cap on 6/30/24, oil prices = WTI price, Big Oil = weighted averaged of XOM, CVX, SHEL, BP/LN , and TTE based on market cap on 6/30/24, Energy = S&P 500 energy index, Utilities = S&P 500 Utilities Index, Producers = S&P Oil & Gas Production Select Industry Index, Nat Gas Price = Henry Hub Price, Clean Energy = S&P Global Clean Energy Index, OFS = MVIS Oil Services 25 Index.
The S&P 500® Information Technology Index comprises those companies included in the S&P 500 that are classified as members of the GICS® information technology sector. The S&P 500® Index is an unmanaged, market-value weighted index of stocks that is widely regarded as the standard for measuring large-cap U.S. stock market performance. The S&P 500® Materials comprises those companies included in the S&P 500 that are classified as members of the GICS® materials sector. The S&P 500® Consumer Staples comprises those companies included in the S&P 500 that are classified as members of the GICS® consumer staples sector. The S&P 500® Industrials comprises those companies included in the S&P 500 that are classified as members of the GICS® industrials sector. The S&P 500® Utilities comprises those companies included in the S&P 500 that are classified as members of the GICS® utilities sector. The S&P 500® Communication Services comprises those companies included in the S&P 500 that are classified as members of the GICS® communications services sector. The S&P 500® Real Estate comprises those companies included in the S&P 500 that are classified as members of the GICS® Real Estate sector. The S&P 500® Financials comprises those companies included in the S&P 500 that are classified as members of the GICS® financials sector. The S&P 500® Health Care comprises those companies included in the S&P 500 that are classified as members of the GICS® health care sector. The S&P 500® Consumer Discretionary comprises those companies included in the S&P 500 that are classified as members of the GICS® consumer discretionary sector. The S&P 500® Energy comprises those companies included in the S&P 500 that are classified as members of the GICS® energy sector. The S&P Energy Index is a float-adjusted market capitalization-weighted index comprised of S&P 500 companies that are classified as members of the GICS® energy sector. The S&P Financials Index comprises those companies included in the S&P 500 that are classified as members of GICS financials sector. The S&P Global Clean Energy Index is designed to measure the performance of companies in global clean energy-related businesses from both developed and emerging markets, with a target constituent count of 100. S&P Select Industry Indices are designed to measure the performance of narrow GICS® sub-industries. The S&P Oil & Gas Exploration & Production Select Industry Index comprises stocks in the S&P Total Market Index that are classified in the GICS Integrated Oil & Gas, Oil & Gas Exploration & Production and Oil & Gas Refining & Marketing sub-industries.
The MVIS US Listed Oil Services 25 Index (MVOIH) is a modified market-cap weighted index that tracks the performance of the largest and most liquid U.S.-listed companies that derive at least 50% of their revenues from oil services. The pure-play index contains only companies which are engaged primarily in oil equipment, oil services or oil drilling. The index has a target coverage of 25 companies. Most demanding size and liquidity screenings are applied to the index to ensure investability. The index has been licensed to underlie financial products with currently USD 2851.05 million in assets under management.
The Alerian Midstream Energy Index is a broad-based composite of North American energy infrastructure companies. The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX). The Alerian MLP Index is the leading gauge of energy infrastructure master limited partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities, is disseminated real-time on a price-return basis (AMZ) and on a total-return basis (AMZX).
Past performance is no guarantee of future results.