Tortoise Power and Energy Infrastructure Fund (TPZ)
| Assets | $185.96M |
| Expense Ratio | 0.85% |
| PE Ratio | 18.27 |
| Shares Out | 8.72M |
| Dividend (ttm) | $0.09 |
| Dividend Yield | 0.44% |
| Ex-Dividend Date | Jan 30, 2025 |
| Payout Ratio | 8.08% |
| 1-Year Return | n/a |
| Volume | 30,953 |
| Open | 21.14 |
| Previous Close | 21.31 |
| Day's Range | 20.88 - 21.23 |
| 52-Week Low | 14.49 |
| 52-Week High | 22.30 |
| Beta | 1.37 |
| Holdings | 33 |
| Inception Date | Dec 23, 2024 |
About TPZ
Fund Home PageThe Tortoise Power and Energy Infrastructure Fund (TPZ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed ETF that invests in income-producing equity and fixed income securities, primarily in power and energy infrastructure companies in the United States. TPZ was launched on Dec 23, 2024 and is issued by Tortoise.
Top 10 Holdings
57.67% of assets| Name | Symbol | Weight |
|---|---|---|
| MPLX LP | MPLX | 7.52% |
| Targa Resources Corp. | TRGP | 7.45% |
| Energy Transfer LP | ET | 7.35% |
| ONEOK, Inc. | OKE | 6.31% |
| Plains GP Holdings, L.P. | PAGP | 5.01% |
| The Williams Companies, Inc. | WMB | 4.87% |
| Hess Midstream LP | HESM | 4.87% |
| Enterprise Products Partners L.P. | EPD | 4.85% |
| Cheniere Energy, Inc. | LNG | 4.85% |
| TC Energy Corporation | TRP | 4.60% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2025 | $0.06785 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02524 | Jan 2, 2025 |
News
Tortoise Capital Announces 2024 Closed-End Fund Tax Characterization of Distributions and Release of Combined Annual Report
Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Tort...
Tortoise Capital Converts Closed-End Funds Into Active Energy ETF
Today, Tortoise Capital Advisors began the holiday week by merging three closed-end funds into a singular active ETF. The three closed-end funds that were merged are the Tortoise Power and Energy Infr...