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TNGY

Tortoise Energy Fund·NYSE
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Key Stats

Assets Under Management
499.30MUSD
Fund Flows (1Y)
-26.55MUSD
Dividend Yield
1.29%
Discount/Premium to NAV
-0.36%
Shares Outstanding
55.30M
Expense Ratio
0.85%

About Tortoise Energy Fund

Issuer
Tortoise Capital Advisors, L.L.C.
Brand
Tortoise
Inception Date
Jun 16, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tortoise Capital Advisors LLC
Distributor
Quasar Distributors LLC
TNGY targets higher income than traditional energy ETFs by investing in cash-generative energy businesses and enhancing yield with covered calls and energy-related fixed income.Structured as a Regulated Investment Company (RIC), TNGY distributes income via a 1099 (no K-1s) and avoids the double taxation that affects C-Corp funds.By emphasizing investing in infrastructure with inflation-linked and fee-based cash flows, TNGY is more resilient than commodity-driven peers in both rising rate and risk-off environments.Unlike top-heavy or single subsector focuses, TNGY actively allocates across the entire energy value chain, with the ability to shift between equity and credit to capture opportunity and manage risk.

Classification

Asset Class
Asset Allocation
Category
Asset Allocation
Focus
Target Outcome
Niche
Income & Capital Appreciation
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Energy

83.64%

Utilities

15.15%

Technology

0.80%

Real Estate

0.41%

Asset

Holdings

Symbol

Ratio

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MPLX

Mplx
8.00%
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EQT

Eqt
6.51%
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EXE

Expand Energy
5.53%
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WMB

The Williams
5.07%
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LNG

Cheniere Energy
4.64%
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ET

Energy Transfer
4.54%

Symbol

Ratio

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OKE

Oneok
4.05%
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PAGP

Plains GP
3.77%
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SRE

Sempra
3.60%
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TRGP

Targa Resources
3.45%

Top 10 Weight 49.16%

10 Total Holdings

See all holdings

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