Tortoise Energy ETF (TNGY) Stock Price, Quote, News & History | Benzinga

Under normal conditions, the Fund will invest at least 80 percent of its total assets in equity and debt securities of energy companies. The Adviser considers energy companies to be comprised of companies that engage in one or more aspects of exploration, production, gathering, processing, refining, transmission, marketing, storage and delivery of energy products such as natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal, oilfield services, including drilling, cementing and stimulations, the generation, transmission and distribution of essential services such as electricity, natural gas and water (e.g., energy utilities), hydropower and other water-based energy sources including wastewater treatment plants that generate energy, or the generation, transportation and sale of alternative, renewable, non-fossil fuel based energy sources including, but not limited to, biodiesel, ethanol, biomass, geothermal, hydroelectric, nuclear, solar or wind energy, emerging technology and materials companies that advance energy efficiency and conservation, and companies that provide products and services to the energy sector, that engage in energy conservation or that measure energy. The Adviser considers a company to be focused in the energy sector if at least 50 percent of the companys assets are utilized in one or more of these activities. The Fund will focus its investments primarily in energy infrastructure companies, which are companies that provide critical infrastructure to generate, transmit, store and deliver energy resources including natural gas, electricity, water and renewable energy.