Tortoise MLP & Energy Infrastructure Fund Class Institutional (MLPPX)
Tortoise MLP & Energy Infrastructure Fund Class Institutional operates in the Asset Management industry of the Financial Services sector. The stock last traded at $6.36, down 0.08% on the session, giving a market capitalisation of $19.0M. Its beta of 1.36 implies it has historically moved more than the broad market.
Under typical market conditions, this fund is designed to allocate at least 80% of its total capital to equity and debt instruments. These holdings primarily consist of securities issued by companies operating within the energy infrastructure sector, alongside Master Limited Partnerships (MLPs) active in the same domain. The fund considers 'energy infrastructure companies' to include parent organizations and other affiliates of MLPs, which are collectively designated as 'MLP Entities.' These MLP Entities retain the flexibility to invest in MLPs themselves to varying degrees. It is important to note that this fund operates on a non-diversified basis.
Tortoise MLP & Energy Infrastructure Fund Class Institutional is most often compared with the following Financial Services names: