# Tortoise Energy Infrastructure TR Ins (TORIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/torix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2011-06-03 A substantial portion, specifically a minimum of 80%, of this fund's net assets—inclusive of any borrowed funds used for investment—is typically dedicated to securities issued by companies in the energy infrastructure domain. While the advisor's principal strategy is to concentrate investments in the equity of midstream infrastructure entities, there is also discretion to allocate capital to midstream master limited partnerships (MLPs) and businesses involved in power and renewable infrastructure. This fund operates as a non-diversified investment vehicle. ## Key Facts | Metric | Value | |---|---| | Price | $24.77 | | Expense Ratio | 0.91% | | AUM (All Share Classes) | $3.82B | | NAV | $24.77 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 3.10% | | Annual Distribution (TTM) | $0.77 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $18.42 – $24.77 | | Beta | 0.29 | ## Latest Distribution - Amount: $0.1980 /share - Ex-date: 2026-08-20 - Pay date: 2026-08-20 ## Frequently Asked Questions ### What does TORIX invest in? A substantial portion, specifically a minimum of 80%, of this fund's net assets—inclusive of any borrowed funds used for investment—is typically dedicated to securities issued by companies in the energy infrastructure domain. While the advisor's principal strategy is to concentrate investments in the equity of midstream infrastructure entities, there is also discretion to allocate capital to midstream master limited partnerships (MLPs) and businesses involved in power and renewable infrastructure. This fund operates as a non-diversified investment vehicle. ### What is the expense ratio of TORIX? Tortoise Energy Infrastructure TR Ins (TORIX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TORIX? Tortoise Energy Infrastructure TR Ins (TORIX) is one share class of a fund that manages $3.82B across all of its share classes (TORTX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TORIX actively managed or an index fund? TORIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TORIX's is 0.91%) in exchange for the discretion to over- or under-weight positions. ### When was TORIX launched? Tortoise Energy Infrastructure TR Ins (TORIX) launched in June 2011 and is managed by the fund issuer. ### How has TORIX performed? TORIX'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. ### Does TORIX pay a dividend? Tortoise Energy Infrastructure TR Ins (TORIX) currently distributes little or no income. Trailing-twelve-month yield is 3.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TORIX pay dividends? Tortoise Energy Infrastructure TR Ins pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TORIX's dividend yield? TORIX's trailing-twelve-month yield is 3.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is TORIX's next ex-dividend date? The most recently announced ex-dividend date for TORIX was 2026-08-20. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will TORIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.91% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TORIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TORIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TORIX cost more than a fund like VOO? TORIX is actively managed (current expense ratio 0.91%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TORIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TORIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TORIX (0.91%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/torix - Distribution history: https://www.dividenddata.com/funds/torix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/torix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/torix/expenses - Peer comparison: https://www.dividenddata.com/funds/torix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.