Otter Tail Corporation

Frequently Asked Questions About OTTR

What does OTTR invest in?

Otter Tail Corporation, an entity founded in 1907 and based in Fergus Falls, Minnesota, is a diversified enterprise conducting business in the United States across three primary sectors: an electric utility, manufacturing operations, and the production of plastic pipes. The company adopted its current name in 2001, having previously been known as Otter Tail Power Company. The Electric segment is responsible for generating, transmitting, distributing, and selling electricity. It serves approximately 133,000 residential, industrial, and commercial customers across Minnesota, North Dakota, and South Dakota. This segment draws its power from a mix of sources including coal, wind, hydroelectric, and natural gas, and actively participates in the Midcontinent Independent System Operator, Inc. (MISO) markets. Through its Manufacturing segment, the company offers services such as contract machining, metal parts stamping, fabrication, and painting. It also produces specialized plastic thermoformed products, including containers for horticultural purposes, packaging solutions for the life sciences and industrial sectors, and components for material handling. These products cater to a wide array of industries, such as recreational vehicles, agriculture, construction, lawn and garden, and industrial and energy equipment. Additionally, this segment manufactures custom packaging like clamshells, blister packs, and returnable trays, designed to transport and store unusually shaped or delicate parts for clients in the horticulture, medical, industrial, recreation, and electronics fields. Finally, the Plastics segment focuses on manufacturing polyvinyl chloride (PVC) pipes. These pipes are essential for various water management applications, including municipal water supply, rural water systems, wastewater treatment, storm drainage, and water reclamation projects. The products from this segment are sold to wholesalers and distributors through a combination of independent sales representatives, internal sales personnel, and dedicated customer service teams.

What is the expense ratio of OTTR?

An expense ratio for Otter Tail Corporation (OTTR) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is OTTR's dividend yield?

OTTR's trailing-twelve-month yield is 2.37%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of OTTR?

Effective duration measures OTTR's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. OTTR's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of OTTR?

OTTR's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of OTTR?

Yield to maturity (YTM) is the total return you'd earn from OTTR if every bond in the portfolio is held to maturity at the current price. OTTR's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.