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Tortoise Capital

Tortoise MLP ETF

Tax-efficient access to energy infrastructure MLPs

Ticker: TMLP
Est. Launch: December 22, 2025
Fee: 0.50%

Tortoise MLP ETF (TMLP) Overview

The Tortoise MLP ETF (TMLP) is an exchange-traded fund designed to provide tax-efficient exposure to U.S. energy infrastructure master limited partnerships through a transparent ETF structure, with no K-1s and diversified MLP holdings.

Tax-efficient structure

1099 reporting and no K-1s

Diversified MLP exposure

Across the energy infrastructure value chain

Transparent, liquid ETF design

Daily pricing and holdings disclosure

Why TMLP?

Innovative Structure

Legacy MLP Expertise

Tax-Efficient Investing

Investing in Energy Infrastructure

Tortoise MLP ETF

Ticker Symbol TMLP
Issuer Tortoise Capital
Fund Type Exchange Traded Fund
Exchange NYSE Arca
Management Fee 0.50%
Contribution Deadline December 8, 2026

Tortoise Capital

Tortoise Capital is a specialized asset manager focused on publicly traded energy investments, with deep expertise across the energy infrastructure and MLP landscape. The firm takes an active, hands-on approach—conducting rigorous fundamental research, monitoring company performance and strategic activity, and identifying acquisition dynamics—to select high-quality businesses with strong management teams, durable cash flows, and essential energy assets. This disciplined process is designed to deliver steady income, manage volatility, and enhance portfolio diversification.

Tortoise Investment Team

MSC

Matthew Sallee, CFA

Executive Vice President, Head of Investments

info@tortoisecapital.com

RT

Robert Thummel

Senior Portfolio Manager

info@tortoisecapital.com

Fund Documents

Important Disclosures

Risk Warning

Past performance is no guarantee of future results. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested.

Investment Information

This material is for informational purposes only and should not be construed as investment advice. Before investing, consider the fund's investment objectives, risks, charges, and expenses. This and other information can be found in the fund's prospectus, which may be obtained from your financial advisor.

ETF Risks

Investments in ETFs are subject to market risk, including the possible loss of principal. ETF shares may trade above or below their net asset value. This difference in price may be due to market conditions and other factors.