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PRPZX Prudential Jennison MLP Z

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Fund PRPZX Prudential Jennison MLP Z MLPA Global X MLP ETF TPYP Tortoise North American Pipeline Fund  
Similarity
?
100% 91% 85%
Annual Fees
?
$132.09
(1.25% Exp. Ratio)
$47.55
(0.45% Exp. Ratio)
$42.27
(0.40% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.67% annual return
$35,858.36 $45,678.85 $46,372.17
Est. savings over 30 yrs +$9,820.50 +$10,513.81
Return
As of 10/31/16
1 YR RETURN 2.62%
3 YR --
5 YR --
10 YR --
1 YR RETURN 3.30%
3 YR -5.61%
5 YR --
10 YR --
1 YR RETURN 10.39%
3 YR --
5 YR --
10 YR --
Description
The investment seeks total return. The fund seeks to provide total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of its investable assets in master limited partnerships (MLPs) and MLP related investments (together, MLP investments). The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It is non-diversified.
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Infrastructure Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the performance of the energy infrastructure MLP asset class in the United States. The fund is non-diversified.
The investment seeks investment results that correspond (before fees and expenses) generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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