Tortoise Energy Infrastructure Corp
Fund
XTYGX
Price as of:
$38.71
+ $0.38
+ 0.99%
Primary Theme
fund company
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.6%
1 yr return
2.3%
3 Yr Avg Return
5.6%
5 Yr Avg Return
10.4%
Net Assets
$492 M
Holdings in Top 10
59.4%
52 WEEK LOW AND HIGH
$38.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 5.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.79%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XTYGX - Profile
Distributions
- YTD Total Return 8.6%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -2.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameTortoise Energy Infrastructure Corp
-
Fund Family NameTortoise Capital Advisors, LLC
-
Inception DateMar 01, 2007
-
Shares Outstanding11927903
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Sallee
Fund Description
XTYGX - Performance
Return Ranking - Trailing
| Period | XTYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.6% | 3.2% | 18.6% | 94.29% |
| 1 Yr | 2.3% | 2.3% | 42.5% | 100.00% |
| 3 Yr | 5.6%* | 5.1% | 35.0% | 98.02% |
| 5 Yr | 10.4%* | -7.7% | 33.3% | 35.56% |
| 10 Yr | N/A* | -6.3% | 11.2% | 44.83% |
* Annualized
Return Ranking - Calendar
| Period | XTYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -9.3% | -14.9% | 18.2% | 97.20% |
| 2022 | 10.2% | -7.0% | 29.9% | 83.65% |
| 2021 | 36.6% | 4.2% | 55.3% | 17.31% |
| 2020 | 34.6% | -57.4% | 155.1% | 6.80% |
| 2019 | -8.1% | -8.9% | 20.8% | 97.83% |
Total Return Ranking - Trailing
| Period | XTYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.6% | 3.2% | 18.6% | 94.29% |
| 1 Yr | 2.3% | 2.3% | 42.5% | 100.00% |
| 3 Yr | 5.6%* | 5.1% | 35.0% | 98.02% |
| 5 Yr | 10.4%* | -7.7% | 33.3% | 35.56% |
| 10 Yr | N/A* | -6.3% | 11.2% | 44.83% |
* Annualized
Total Return Ranking - Calendar
| Period | XTYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -9.3% | -9.3% | 25.5% | 100.00% |
| 2022 | 10.2% | -1.2% | 38.8% | 94.23% |
| 2021 | 36.6% | 11.1% | 56.2% | 79.81% |
| 2020 | 34.6% | -53.9% | 155.1% | 6.80% |
| 2019 | -3.0% | -3.4% | 34.1% | 98.91% |
NAV & Total Return History
XTYGX - Holdings
Concentration Analysis
| XTYGX | Category Low | Category High | XTYGX % Rank | |
|---|---|---|---|---|
| Net Assets | 492 M | 22 M | 53.1 B | 51.30% |
| Number of Holdings | 33 | 16 | 175 | 40.37% |
| Net Assets in Top 10 | 380 M | 19.6 M | 3.1 B | 49.54% |
| Weighting of Top 10 | 59.43% | 40.8% | 111.7% | 78.90% |
Top 10 Holdings
- Crestwood Equity Partners LP 9.25 % Preferred Partnership Units -144A- 10.14%
- Williams Companies Inc 10.10%
- Enterprise Products Partners LP 8.48%
- Magellan Midstream Partners LP 7.88%
- Targa Resources Corp 7.77%
- ONEOK Inc 7.57%
- Targa Resources Co 7.17%
- Phillips 66 Partners LP 6.90%
- DCP Midstream LP 5.88%
- American Electric Power Co Inc 5.40%
Asset Allocation
| Weighting | Return Low | Return High | XTYGX % Rank | |
|---|---|---|---|---|
| Stocks | 97.61% | 53.33% | 133.88% | 74.31% |
| Preferred Stocks | 1.54% | 0.00% | 2.34% | 4.59% |
| Bonds | 0.59% | -0.01% | 44.12% | 6.42% |
| Cash | 0.26% | -58.21% | 13.58% | 75.23% |
| Other | 0.00% | -36.30% | 4.52% | 77.06% |
| Convertible Bonds | 0.00% | 0.00% | 5.29% | 82.57% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XTYGX % Rank | |
|---|---|---|---|---|
| Energy | 57.76% | 53.73% | 100.00% | 97.25% |
| Utilities | 41.65% | 0.00% | 41.78% | 1.83% |
| Technology | 0.30% | 0.00% | 2.43% | 15.60% |
| Industrials | 0.29% | 0.00% | 4.54% | 28.44% |
| Real Estate | 0.00% | 0.00% | 3.96% | 82.57% |
| Healthcare | 0.00% | 0.00% | 0.00% | 82.57% |
| Financial Services | 0.00% | 0.00% | 0.66% | 84.40% |
| Communication Services | 0.00% | 0.00% | 0.00% | 82.57% |
| Consumer Defense | 0.00% | 0.00% | 0.82% | 82.57% |
| Consumer Cyclical | 0.00% | 0.00% | 13.46% | 85.32% |
| Basic Materials | 0.00% | 0.00% | 6.40% | 88.99% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XTYGX % Rank | |
|---|---|---|---|---|
| US | 94.95% | 48.92% | 132.40% | 48.62% |
| Non US | 2.66% | 0.00% | 26.09% | 48.62% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XTYGX % Rank | |
|---|---|---|---|---|
| Corporate | 89.15% | 0.00% | 99.36% | 4.04% |
| Cash & Equivalents | 10.85% | 0.00% | 100.00% | 8.26% |
| Derivative | 0.00% | -0.06% | 9.74% | 77.98% |
| Securitized | 0.00% | 0.00% | 0.00% | 82.83% |
| Municipal | 0.00% | 0.00% | 0.00% | 82.83% |
| Government | 0.00% | 0.00% | 58.74% | 82.83% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XTYGX % Rank | |
|---|---|---|---|---|
| US | 0.59% | -0.01% | 40.73% | 6.42% |
| Non US | 0.00% | 0.00% | 4.87% | 82.57% |
XTYGX - Expenses
Operational Fees
| XTYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 5.35% | 0.35% | 8.81% | 18.52% |
| Management Fee | 0.95% | 0.35% | 1.38% | 40.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.07% | 0.04% | 0.15% | 63.64% |
Sales Fees
| XTYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| XTYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XTYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 36.79% | 6.00% | 166.00% | 50.49% |
XTYGX - Distributions
Dividend Yield Analysis
| XTYGX | Category Low | Category High | XTYGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.07% | 98.26% |
Dividend Distribution Analysis
| XTYGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| XTYGX | Category Low | Category High | XTYGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -2.83% | -6.38% | 9.57% | 99.07% |
Capital Gain Distribution Analysis
| XTYGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| May 31, 2019 | $0.655 | OrdinaryDividend |
| Feb 28, 2019 | $0.655 | OrdinaryDividend |
| Nov 30, 2018 | $0.655 | OrdinaryDividend |
| Aug 31, 2018 | $0.655 | OrdinaryDividend |
| May 31, 2018 | $0.655 | OrdinaryDividend |
| Feb 28, 2018 | $0.655 | OrdinaryDividend |
| Nov 30, 2017 | $0.655 | OrdinaryDividend |
| Aug 31, 2017 | $0.655 | OrdinaryDividend |
| May 31, 2017 | $0.655 | OrdinaryDividend |
| Feb 28, 2017 | $0.655 | OrdinaryDividend |
| Nov 30, 2016 | $0.655 | OrdinaryDividend |
| Aug 31, 2016 | $0.655 | OrdinaryDividend |
| May 31, 2016 | $0.655 | OrdinaryDividend |
| Feb 29, 2016 | $0.655 | OrdinaryDividend |
| Nov 30, 2015 | $0.655 | OrdinaryDividend |
| Aug 31, 2015 | $0.650 | OrdinaryDividend |
| May 29, 2015 | $0.645 | OrdinaryDividend |
| Feb 27, 2015 | $0.640 | OrdinaryDividend |
| Nov 28, 2014 | $0.615 | OrdinaryDividend |
| Aug 29, 2014 | $0.610 | OrdinaryDividend |
| May 30, 2014 | $0.580 | OrdinaryDividend |
| Feb 28, 2014 | $0.578 | OrdinaryDividend |
| Nov 29, 2013 | $0.575 | OrdinaryDividend |
| Sep 03, 2013 | $0.573 | OrdinaryDividend |
| Jun 03, 2013 | $0.570 | OrdinaryDividend |
| Mar 01, 2013 | $0.568 | OrdinaryDividend |
| Nov 30, 2012 | $0.565 | OrdinaryDividend |
| Sep 04, 2012 | $0.563 | OrdinaryDividend |
| Jun 01, 2012 | $0.560 | OrdinaryDividend |
| Mar 01, 2012 | $0.558 | OrdinaryDividend |
| Nov 30, 2011 | $0.555 | OrdinaryDividend |
| Sep 01, 2011 | $0.553 | OrdinaryDividend |
| Jun 01, 2011 | $0.548 | OrdinaryDividend |
| Mar 01, 2011 | $0.545 | OrdinaryDividend |
| Nov 30, 2010 | $0.540 | OrdinaryDividend |
| Sep 01, 2010 | $0.540 | OrdinaryDividend |
| Jun 01, 2010 | $0.540 | OrdinaryDividend |
| Mar 01, 2010 | $0.540 | OrdinaryDividend |
| Nov 30, 2009 | $0.540 | OrdinaryDividend |
| Sep 01, 2009 | $0.540 | OrdinaryDividend |
| Jun 01, 2009 | $0.540 | OrdinaryDividend |
| Mar 02, 2009 | $0.540 | OrdinaryDividend |
| Nov 28, 2008 | $0.560 | OrdinaryDividend |
| Sep 02, 2008 | $0.560 | OrdinaryDividend |
| Jun 02, 2008 | $0.558 | OrdinaryDividend |
| Mar 03, 2008 | $0.555 | OrdinaryDividend |
| Nov 30, 2007 | $0.553 | OrdinaryDividend |
| Sep 04, 2007 | $0.550 | OrdinaryDividend |
| Jun 01, 2007 | $0.545 | OrdinaryDividend |
| Mar 01, 2007 | $0.540 | OrdinaryDividend |
| Nov 30, 2006 | $0.530 | OrdinaryDividend |
| Sep 01, 2006 | $0.510 | OrdinaryDividend |
| Jun 01, 2006 | $0.500 | OrdinaryDividend |
| Mar 01, 2006 | $0.480 | OrdinaryDividend |
| Nov 30, 2005 | $0.455 | OrdinaryDividend |
| Sep 01, 2005 | $0.450 | OrdinaryDividend |
| Jun 01, 2005 | $0.445 | OrdinaryDividend |
| Mar 01, 2005 | $0.440 | OrdinaryDividend |
| Dec 01, 2004 | $0.430 | OrdinaryDividend |
| Sep 01, 2004 | $0.340 | OrdinaryDividend |
| Jun 04, 2004 | $0.200 | OrdinaryDividend |
XTYGX - Fund Manager Analysis
Managers
Matthew Sallee
Start Date
Tenure
Tenure Rank
Jun 30, 2015
6.92
6.9%
Mr. Sallee joined the firm in 2005 and is an Executive Committee member and a member of the Tortoise Development Committee and serves as President of the Tortoise platform. He oversees Tortoise’s energy investment team and Tortoise/Ecofin co-managed energy products. Mr. Sallee serves as president of the Tortoise Energy Infrastructure Corp. and Tortoise Midstream Energy Fund, Inc. closed-end funds, and is a member of the Investment Committee. He has more than 21 years of industry experience and regularly speaks on national media (CNBC). Previously, he served for five years as a senior financial analyst with Aquila, Inc., where he was responsible for analysis of capital allocation at the firm’s communications infrastructure subsidiary, Everest Connections. Mr. Sallee serves on the National Board of Directors of the Gabby Krause Foundation, an organization dedicated to bringing joy, laughter and relief to children fighting life threatening disease. Mr. Sallee graduated magna cum laude from the University of Missouri with a degree in business administration. He is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 15.78 | 7.75 | 12.18 |