Tortoise Energy Infrastructure and Income Fund - Institutional Class (INFIX)
Tortoise Energy Infrastructure and Income Fund - Institutional Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $9.13, up 0.92% on the session, giving a market capitalisation of $519.7M. Its beta of 0.78 implies it has historically moved less than the broad market.
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.
Tortoise Energy Infrastructure and Income Fund - Institutional Class is most often compared with the following Financial Services names: