- What are the top holdings of TPZ?
- Tortoise Electrification Infrastructure ETF holds 0 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does TPZ have?
- TPZ holds 0 positions as reported by the fund's most recent disclosure.
- What sectors does TPZ invest in?
- Tortoise Electrification Infrastructure ETF (TPZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is TPZ most exposed to?
- TPZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is TPZ a US-only fund?
- The country allocation card on this page shows TPZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does TPZ invest in?
- TPZ invests in equity and fixed income securities, mainly in US electrification infrastructure companies that are expected to provide consistent income regardless of the economic cycle. The fund invests in companies that use long-lived assets for the generation, transmission, and distribution of electric power, and related energy infrastructure such as utilities, pipelines, LNG facilities, and renewable energy assets. Fixed income investments may be of any maturity, comprising up to 50% of the portfolio. The fund caps junk bonds to 25%, MLPs to 25%, and non-US issuers to 10%. In addition, the actively managed fund employs a covered call strategy against select equity positions. Starting with $313 million in assets, the ETF is the product of the merger of three closed-end funds: Tortoise Power and Energy Infrastructure (TPZ), Tortoise Energy Independence Fund, Inc. (NDP), and Tortoise Pipeline & Energy Fund, Inc. Before Jan 1, 2026, the fund was named Tortoise Essential Energy Fund.
