TBLUTortoise Global Water Fund

Grow my money9y track recordRanked #1,618 of 2,960 in this goal

Seeks investment results that correspond to the price and distribution rate performance of the Tortoise Global Water Net Total Return Index.

By Tortoise Capital Advisors, LLC · Launched 2017

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$53M

#3,527 of 5,562 · mid-size

Return (1Y)Goal

-0.4%

Track Record

9 years

#1,527 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,065+0.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

Infrastructure

Index tracked

Tortoise Global Water Net Total Return Index

What it actually holds

By weight

Concentration

Top 10 holdings = 47.0% of fundmoderately concentrated

Ferguson Enterprises Inc

8.3%

Ecolab Inc

7.6%

Geberit AG

4.1%

Xylem Inc/NY

4.1%

Veolia Environnement SA

4.0%

Pentair PLC

3.8%

Veralto Corp

3.8%

American Water Works Co Inc

3.7%

United Utilities Group PLC

3.7%

Stantec Inc

3.7%

Asset allocation

Stocks

98.6%

Cash

0.9%

Other

0.5%

By sector

Industrials

65.7%

Utilities

24.1%

Basic Materials

7.4%

Consumer Defensive

1.0%

Consumer Cyclical

0.7%

Technology

0.6%

Energy

0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.7%Moderate

Year-on-year price swings

Max drawdown

-37.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.44Below average

Sortino (3Y)

0.65Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca, New York Stock Exchange

Full fund details

Objective: Seeks investment results that correspond to the price and distribution rate performance of the Tortoise Global Water Net Total Return Index.
Strategy: Employs a passive management approach designed to track the performance of the Tortoise Global Water Net Total Return Index. Invests primarily in common stocks of companies engaged in water infrastructure or management, with at least 80% of assets in Water Companies.
Inception date: February 14, 2017
Fund family: Tortoise Capital Advisors, LLC