AUM $129.1MER 0.85%NAV $20.63Holdings —Inception Dec 2024
Price Chart
Key Statistics
Previous Close
$22.52Day Range
$22.35$22.72
52-Week Range
$20.03$22.93
Avg Volume
9.1KDividend Yield
3.03%Expense Ratio
0.85%AUM
$129.1MShares Outstanding
5.9METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Energy | 51.82% |
| Utilities | 43.60% |
| Industrials | 4.58% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 89.64% |
| Canada | 8.84% |
| Other | 1.11% |
| Germany | 0.41% |
Fund Information
- Issuer
- Tortoise
- Category
- Energy
- Inception Date
- Dec 23, 2024
- Exchange
- NYSE
- Description
- TPZ invests in equity and fixed income securities, mainly in US electrification infrastructure companies that are expected to provide consistent income regardless of the economic cycle. The fund invests in companies that use long-lived assets for the generation, transmission, and distribution of electric power, and related energy infrastructure such as utilities, pipelines, LNG facilities, and renewable energy assets. Fixed income investments may be of any maturity, comprising up to 50% of the portfolio. The fund caps junk bonds to 25%, MLPs to 25%, and non-US issuers to 10%. In addition, the actively managed fund employs a covered call strategy against select equity positions. Starting with $313 million in assets, the ETF is the product of the merger of three closed-end funds: Tortoise Power and Energy Infrastructure (TPZ), Tortoise Energy Independence Fund, Inc. (NDP), and Tortoise Pipeline & Energy Fund, Inc. Before Jan 1, 2026, the fund was named Tortoise Essential Energy Fund.
Similar ETFs
The Tortoise Electrification Infrastructure ETF (TPZ) is an exchange-traded fund issued by Tortoise that launched on Dec 23, 2024. It currently manages $129.1M in assets under management. The fund charges an expense ratio of 0.85%. It falls under the Energy category.
Top 10 holdings represent 54.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ET | Energy Transfer LP | 7.40% | 464,419 | $9.5M |
| 2 | LNG | Cheniere Energy Inc | 6.26% | 29,522 | $8.0M |
| 3 | ETR | Entergy Corp | 6.25% | 69,179 | $8.0M |
| 4 | TRGP | Targa Resources Corp | 6.07% | 27,261 | $7.8M |
| 5 | WMB | Williams Cos Inc/The | 5.49% | 93,472 | $7.0M |
| 6 | TRP | TC Energy Corp | 5.33% | 97,678 | $6.8M |
| 7 | CEG | Constellation Energy Corp | 5.21% | 24,214 | $6.7M |
| 8 | MPLX | MPLX LP | 4.48% | 99,853 | $5.7M |
| 9 | VST | Vistra Corp | 4.02% | 30,517 | $5.2M |
| 10 | OKE | ONEOK Inc | 3.76% | 51,696 | $4.8M |
| 11 | NRG | NRG Energy Inc | 3.67% | 32,887 | $4.7M |
| 12 | DTM | DT Midstream Inc | 3.66% | 32,135 | $4.7M |
| 13 | CNP | CenterPoint Energy Inc | 3.63% | 105,196 | $4.7M |
| 14 | SRE | Sempra | 3.30% | 45,333 | $4.2M |
| 15 | EPD | Enterprise Products Partners LP | 3.24% | 107,052 | $4.2M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.77% | |
| 1W | +1.74% | |
| 1M | +1.10% | |
| 3M | +0.43% | |
| 6M | +6.25% | |
| YTD | +9.26% | |
| 1Y | +9.07% | |
| 3Y | +62.73% | |
| 5Y | +71.33% |
Moving Averages
20-Day MA
$22.07
Above 20-Day MA50-Day MA
$22.01
Above 50-Day MA200-Day MA
$21.58
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$22.93
Current Price
$22.35
52-Week Low
$20.03
$20.03$22.93
Current Yield
3.03%
Annual Dividend
$0.4070
Frequency
Quarterlyx/year
Last Ex-Date
Mar 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.2035 | Mar 27, 2026 |
| Dec 31, 2025 | $0.0678 | Jan 2, 2026 |
| Nov 25, 2025 | $0.0678 | Nov 26, 2025 |
| Oct 23, 2025 | $0.0678 | Oct 24, 2025 |
| Sep 25, 2025 | $0.0678 | Sep 26, 2025 |
| Aug 21, 2025 | $0.0678 | Aug 22, 2025 |
| Jul 24, 2025 | $0.0678 | Jul 25, 2025 |
| Jun 26, 2025 | $0.0678 | Jun 27, 2025 |
| May 22, 2025 | $0.0678 | May 23, 2025 |
| Apr 24, 2025 | $0.0678 | Apr 25, 2025 |
| Mar 27, 2025 | $0.0678 | Mar 28, 2025 |
| Feb 27, 2025 | $0.0678 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0678 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0252 | Jan 2, 2025 |
| Nov 22, 2024 | $0.1050 | Nov 29, 2024 |
| Oct 24, 2024 | $0.1050 | Oct 31, 2024 |
| Sep 23, 2024 | $0.1050 | Sep 30, 2024 |
| Aug 23, 2024 | $0.1050 | Aug 30, 2024 |
| Jul 24, 2024 | $0.1050 | Jul 31, 2024 |
| Jun 21, 2024 | $0.1050 | Jun 28, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | TPZ | Energy(137 ETFs) | Covered Call(103 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.85% | 0.67% | 0.72% |
| AUM | $129.1M | $1.71B | $1.33B |
| Dividend Yield | 3.03% | 4.06% | 16.09% |
| Avg Volume | 9.1K | 570.5K | 278.5K |
| Holdings | — | 308 | 69 |
| Performance | |||
| 1-Month Return | +0.57% | +4.03% | -0.74% |
| 6-Month Return | +0.20% | +0.44% | -0.28% |
| YTD Return | +9.79% | +17.41% | -3.72% |
| 1-Year Return | +5.90% | +17.21% | -6.76% |
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