Tortoise MLP ETF
Data updated: 2026-07-29
C000267050 — Tortoise MLP ETF. Balanced Allocation · $41.60M AUM · 0.50% expense ratio. Holdings, fees, performance and SEC filings.
C000267050 Fund Overview
Tortoise MLP ETF is a US ETF managed by Tortoise Capital Series Trust, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tortoise Capital Series Trust
- Category: Balanced Allocation
- Assets under management: $41.60M
- SEC CIK: 0002034406
- SEC series ID: S000097600
- Share class ID: C000267050
C000267050 Investment Objective and Strategy
Tortoise MLP ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tortoise Capital Series Trust.
Investment objective
Tortoise MLP ETF, a series of Tortoise Capital Series Trust (the “Fund”), seeks investment results that correspond (before fees and expenses) generally to the price and distribution rate (total return) performance of the Tortoise MLP Index SM (ticker symbol TCMLP) (the “Underlying Index”).
Principal investment strategy
The Fund is an exchange -traded fund (“ETF”) and employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index. The Underlying Index is a float adjusted, capitalization weighted index of energy master limited partnerships (“MLPs”) and limited liability companies. The Underlying Index is comprised of publicly traded companies organized in the form of limited partnerships and limited liability companies engaged in the transportation, production, processing or storage of energy commodities. The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities or other financial instruments intended to provide exposure to the Underlying Index. The Fund may seek exposure to the Underlying Index through total return swaps that reference (i) the value of the Underlying Index, (ii) custom baskets of securities that replicate the value of the Underlying Index and (iii) direct equity securities of MLPs and MLP Affiliates (as defined below) or other securities that are consistent with tracking the performance of the Underlying Index.
For purposes of compliance with this investment policy, derivative contracts will be valued at their notional value. To be included in the Underlying Index, a company must be domiciled in the U.S. and its shares must be publicly traded and listed on the New York Stock Exchange, NASDAQ or NYSE MKT. Eligible constituents must also have a total market capitalization of at least $200 million USD at the time of inclusion in the Underlying Index and must maintain an average equity market capitalization of at least $175 million USD for a minimum of 20 trading days prior to the rebalance reference date of the Underlying Index. Underlying Index constituents may include the following equity securities: 1) interests in energy MLPs as defined by the Energy Infrastructure Council (EIC); and 2) equity securities of energy MLP affiliate
C000267050 Holdings
Top 2 holdings of Tortoise MLP ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 94.54% |
| Hess Midstream LP | 5.55% |
C000267050 Portfolio Allocation
Asset-class allocation of Tortoise MLP ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.5% |
| Equity | 5.5% |
C000267050 Performance
Total returns for C000267050 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.0% |
C000267050 Costs and Fees
C000267050 costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.50%
C000267050 Cashflows
Over the 12 months to 2026-05, Tortoise MLP ETF had net inflows of $24.12M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $359.07K |
| 2026-04 | $1.14M |
| 2026-03 | $1.44M |
| 2026-02 | −$934.18K |
| 2026-01 | −$1.77M |
| 2025-12 | $23.88M |
C000267050 Debt Constituents
Largest debt holdings of Tortoise MLP ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 94.54% |
C000267050 Prospectus and SEC Filings
Official Tortoise MLP ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Balanced Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.