Tortoise Global Water Fund

Frequently Asked Questions About EBLU

What does EBLU invest in?

The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name (i.e., Water Companies). The index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. The fund is non-diversified.

What is the expense ratio of EBLU?

Tortoise Global Water Fund (EBLU) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EBLU?

Tortoise Global Water Fund (EBLU) manages $53.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EBLU actively managed or an index fund?

EBLU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EBLU launched?

Tortoise Global Water Fund (EBLU) launched in February 2017 and is managed by Tortoise.

How has EBLU performed?

EBLU's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.