Tortoise Global Water Fund (EBLU)
Tortoise Global Water Fund operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Overland Park, KS, US. The stock last traded at $51.13, up 0.79% on the session, giving a market capitalisation of $59.0M. Its beta of 1.13 implies it has historically moved more than the broad market.
This fund typically allocates a substantial portion—at least 80%—of its total assets, including any borrowed capital for investment, to companies operating within the water sector. Its investment strategy is guided by a proprietary, systematic index. This index, which employs a modified market capitalization weighting adjusted for publicly traded shares (float), is designed to monitor the stock performance of water-related businesses listed on exchanges in developed countries across the globe. The fund maintains a non-diversified portfolio.
Tortoise Global Water Fund is most often compared with the following Financial Services names: