Tortoise Energy Infrastructure and Income Fund - Institutional Class

Frequently Asked Questions About INFIX

What does INFIX invest in?

Under typical market conditions, this fund dedicates a minimum of 80% of its overall assets to equity and fixed-income instruments issued by entities within the energy infrastructure industry. This encompasses both traditional corporations and Master Limited Partnerships (MLPs) engaged in that specialized field. Furthermore, the fund possesses the flexibility to allocate up to 15% of its net holdings to "restricted" securities – those not registered for public sale or otherwise excluded from public offerings under the Securities Act of 1933. Notably, the fund employs a non-diversified investment approach.

What is the expense ratio of INFIX?

An expense ratio for Tortoise Energy Infrastructure and Income Fund - Institutional Class (INFIX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is INFIX's dividend yield?

INFIX's trailing-twelve-month yield is 3.85%, calculated from the sum of dividends over the past year divided by the current price.

How big is INFIX?

Tortoise Energy Infrastructure and Income Fund - Institutional Class (INFIX) manages $519.7M 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 INFIX actively managed or an index fund?

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

When was INFIX launched?

Tortoise Energy Infrastructure and Income Fund - Institutional Class (INFIX) launched in December 2010 and is managed by the fund issuer.