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TPZ Tortoise Electrification Infrastructure ETF

Issuer
Tortoise
Inception
Dec 23, 2024
AUM
$113.1M
Expense ratio
0.85%
Yield
3.57%
Asset class
Equity
Holdings
0
Last price
$20.88

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.

+0.3%
2025-11-13low 19.61 · high 22.932026-11-13

Performance

1M3MYTD1Y3Y ann.5Y ann.
TPZ-0.3%-2.8%+2.4%+0.3%+16.3%+8.2%
Equity average (4725 funds)-2.2%+2.5%+85.7%+59908.1%+13.6%+2.3%

Insider activity in the holdings

Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: −$975K net.

HoldingWeightInsiders boughtInsiders sold
ET Energy Transfer LP7.38%$21.3M$0
ACCV Accelevation Holdings Corp0.64%$4.1M$360.0M
VST Vistra Corp1.61%$1.2M$16.6M
SEI Solaris Energy Infrastructure Inc2.11%$542K$0
WULF Terawulf Inc0.45%$140K$5.3M
EVRG Evergy Inc2.28%$134K$0
KGS Kodiak Gas Services Inc0.76%$44K$1.5M
CNP CenterPoint Energy Inc3.64%$41K$0

Holdings · as of Nov 13, 2026

#HoldingWeight
1TRGP Targa Resources Corp8.99%
2LNG Cheniere Energy Inc8.56%
3ET Energy Transfer LP7.38%
4ETR Entergy Corp7.14%
5WMB Williams Cos Inc/The6.38%
6TRP TC Energy Corp5.32%
7CEG Constellation Energy Corp4.87%
8MPLX MPLX LP4.04%
9OKE ONEOK Inc3.88%
10CNP CenterPoint Energy Inc3.64%
11WEC WEC Energy Group Inc3.49%
12EPD Enterprise Products Partners LP3.38%
13DTM DT Midstream Inc3.25%
14NEE NextEra Energy Inc3.04%
15AEP American Electric Power Co Inc2.85%
16EVRG Evergy Inc2.28%
17VG Venture Global Inc2.20%
18SEI Solaris Energy Infrastructure Inc2.11%
19MTZ MasTec Inc2.11%
20DTE DTE Energy Co2.11%
21VST Vistra Corp1.61%
22WES Western Midstream Partners LP1.43%
23PWR Quanta Services Inc1.31%
24TLN Talen Energy Corp1.24%
25NI NiSource Inc1.22%
26TPZ First American Government Obligations Fund 12/01/20311.07%
27MYRG MYR Group Inc0.92%
28KGS Kodiak Gas Services Inc0.76%
29ACCV Accelevation Holdings Corp0.64%
30VRT Vertiv Holdings Co0.62%
31INIO Innio NV0.54%
32WULF Terawulf Inc0.45%
33HUT HUT 8 CORP0.42%
34CIFR Cipher Digital Inc0.25%

Sector breakdown

Energy58.1%
Utilities36.0%
Industrials5.0%
Financial Services0.7%
Technology0.2%

Country breakdown

United States94.0%
Canada5.4%
Germany0.6%

Distributions

DatePer unit
Sep 24, 2026$0.2035
Jun 25, 2026$0.2035
Mar 26, 2026$0.2035
Dec 31, 2025$0.0678
Nov 25, 2025$0.0678
Oct 23, 2025$0.0678
Sep 25, 2025$0.0678
Aug 21, 2025$0.0678
Jul 24, 2025$0.0678
Jun 26, 2025$0.0678
May 22, 2025$0.0678
Apr 24, 2025$0.0678
Mar 27, 2025$0.0678
Feb 27, 2025$0.0678
Jan 30, 2025$0.0678
Dec 31, 2024$0.0252
Nov 22, 2024$0.1050
Oct 24, 2024$0.1050
Sep 23, 2024$0.1050
Aug 23, 2024$0.1050
Jul 24, 2024$0.1050
Jun 21, 2024$0.1050
May 23, 2024$0.1050
Apr 22, 2024$0.1050
Mar 21, 2024$0.1050
Feb 21, 2024$0.1050
Jan 23, 2024$0.1050
Dec 21, 2023$0.1050
Nov 21, 2023$0.1050
Oct 23, 2023$0.1050
Sep 21, 2023$0.1050
Aug 23, 2023$0.1050
Jul 21, 2023$0.1050
Jun 22, 2023$0.1050
May 23, 2023$0.1050
Apr 20, 2023$0.1050
Mar 23, 2023$0.1050
Feb 17, 2023$0.1050
Jan 23, 2023$0.1050
Dec 22, 2022$0.1050

Members of Congress who disclosed this ETF

No member of Congress has disclosed a trade in TPZ in the filings we hold.

Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error