Tortoise Capital Unveils New Mutual Fund

Kansas City-based Tortoise Capital Advisors has launched the Tortoise MLP & Pipeline Fund.

Kansas City-based Tortoise Capital Advisors has launched the Tortoise MLP & Pipeline Fund. The product will target equity securities of MLP and pipeline companies that own and operate energy infrastructure assets in North America.

The open-end mutual fund is structured as a traditional mutual fund offering daily liquidity at net asset value, with flow-through tax treatment and no fund level taxation. The fund offers investor and institutional share classes.

Click here for the release from Business Wire.