TPZ – Tortoise Electrification Infra ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high level of current income to shareholders, with a secondary objective of capital appreciation. Under normal circumstances, the fund invests at least 80% of its total assets (including assets obtained through borrowings for investment purposes) in electrification infrastructure assets. Electrification infrastructure assets include issuers that derive more than 50% of their revenue from power or electric energy infrastructure operations. “Electrification” refers to the increase and expansion of electric power generation and delivery. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TPZ	Tortoise Electrification Infrastructure ETF	ETF	Open	—		Jul 29, 2009	$113.06M	0.850%	—	—	−$39.40M

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