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Tortoise Electrification Infrastructure ETF (TPZ)

ETF overview

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.

CountryUnited States of America
ExchangeNYSE
Trades inUSD
Current price
20.67 USD+1.32%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.85%
Fund assets
113.9M USD (all share classes)
Issuer
Tortoise
Inception date
Dec 23, 2024
Number of holdings
35

Breakdown

Holdings (35)

NameTickerWeight
Targa Resources CorpTRGP9.07%
Cheniere Energy IncLNG8.12%
Energy Transfer LPET7.81%
Williams Cos Inc/TheWMB6.65%
Entergy CorpETR6.23%
TC Energy CorpTRP5.16%
Constellation Energy CorpCEG4.75%
MPLX LPMPLX4.72%
ONEOK IncOKE4.13%
CenterPoint Energy IncCNP3.65%
and 22 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Tortoise Electrification Infrastructure ETF (TPZ)

TPZ · NYSE
20.67 USD+1.32%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.85%
Fund assets
113.9M USD (all share classes)
Issuer
Tortoise
Inception date
Dec 23, 2024
Number of holdings
35
Breakdown
Holdings (35)
NameTickerWeight
Targa Resources CorpTRGP9.07%
Cheniere Energy IncLNG8.12%
Energy Transfer LPET7.81%
Williams Cos Inc/TheWMB6.65%
Entergy CorpETR6.23%
TC Energy CorpTRP5.16%
Constellation Energy CorpCEG4.75%
MPLX LPMPLX4.72%
ONEOK IncOKE4.13%
CenterPoint Energy IncCNP3.65%
and 22 more
ETF overview

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.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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