# Tortoise Energy Infrastructure TR A (TORTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tortx 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 This fund typically commits a substantial portion of its capital – specifically, at least 80% of its net assets combined with any borrowed funds – to the broad spectrum of energy infrastructure companies. The advisor's primary focus lies in equity ownership within the midstream infrastructure segment. However, its mandate also permits investments in midstream Master Limited Partnerships (MLPs), as well as companies involved in power generation and renewable energy infrastructure. Characterized as non-diversified, the fund concentrates its holdings rather than spreading them across a wide ra... ## Key Facts | Metric | Value | |---|---| | Price | $24.32 | | Expense Ratio | 1.16% | | AUM (All Share Classes) | $3.82B | | NAV | $24.32 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 2.81% | | Annual Distribution (TTM) | $0.68 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $18.07 – $24.32 | | Beta | 0.29 | ## Latest Distribution - Amount: $0.1816 /share - Ex-date: 2026-08-20 - Pay date: 2026-08-20 ## Frequently Asked Questions ### What does TORTX invest in? This fund typically commits a substantial portion of its capital – specifically, at least 80% of its net assets combined with any borrowed funds – to the broad spectrum of energy infrastructure companies. The advisor's primary focus lies in equity ownership within the midstream infrastructure segment. However, its mandate also permits investments in midstream Master Limited Partnerships (MLPs), as well as companies involved in power generation and renewable energy infrastructure. Characterized as non-diversified, the fund concentrates its holdings rather than spreading them across a wide range of industries. ### What is the expense ratio of TORTX? Tortoise Energy Infrastructure TR A (TORTX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TORTX? Tortoise Energy Infrastructure TR A (TORTX) is one share class of a fund that manages $3.82B across all of its share classes (TORIX 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 TORTX actively managed or an index fund? TORTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TORTX's is 1.16%) in exchange for the discretion to over- or under-weight positions. ### When was TORTX launched? Tortoise Energy Infrastructure TR A (TORTX) launched in June 2011 and is managed by the fund issuer. ### How has TORTX performed? TORTX'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 TORTX pay a dividend? Tortoise Energy Infrastructure TR A (TORTX) currently distributes little or no income. Trailing-twelve-month yield is 2.81%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TORTX pay dividends? Tortoise Energy Infrastructure TR A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TORTX's dividend yield? TORTX's trailing-twelve-month yield is 2.81%, calculated from the sum of dividends over the past year divided by the current price. ### When is TORTX's next ex-dividend date? The most recently announced ex-dividend date for TORTX 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 TORTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.16% 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 TORTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TORTX'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 TORTX cost more than a fund like VOO? TORTX is actively managed (current expense ratio 1.16%). 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 TORTX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TORTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TORTX (1.16%) 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/tortx - Distribution history: https://www.dividenddata.com/funds/tortx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tortx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tortx/expenses - Peer comparison: https://www.dividenddata.com/funds/tortx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.