Key stats
About Tortoise Global Water Fund
Home page
Inception date
Feb 14, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tortoise Capital Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US8909304078
TBLU offers exposure to developed-market all-cap water companies. The fund selects firms that derive at least 40% of gross revenues from either water infrastructure or water equipment and/or services. Water infrastructure companies are those that provide public water distribution, engineering, construction or consulting. Water equipment companies are those who provide water pipes, valves, pumps or water efficiency products such as filtration, treatment, and testing of water. Service companies provide technologies that facilitate management of water distribution, usage, treatment, and irrigation. The resulting portfolio includes a few dozen names, heavily weighted towards the US. Prior to June 5, 2018, the fund tracked the Tortoise Water Index, providing exposure to water companies in North America. Prior to the merger with Ecofin on Aug. 21, 2020, the fund name was Tortoise Global Water ESG Fund and traded under the ticker: TBLU. After the merger, the fund name changed to Ecofin Global Water ESG Fund and traded under the ticker: EBLU. On September 17, 2024, the fund name and ticker reverted to Tortoise Global Water ESG Fund and TBLU, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Utilities
Stocks99.34%
Producer Manufacturing48.34%
Utilities24.55%
Process Industries7.40%
Distribution Services6.92%
Industrial Services6.85%
Technology Services2.48%
Consumer Non-Durables1.86%
Consumer Durables0.67%
Commercial Services0.27%
Bonds, Cash & Other0.66%
Mutual fund0.44%
Cash0.22%
Stock breakdown by region
North America59.54%
Europe33.84%
Asia6.62%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TBLU invests in stocks. The fund's major sectors are Producer Manufacturing, with 48.34% stocks, and Utilities, with 24.55% of the basket. The assets are mostly located in the North America region.
TBLU top holdings are Ecolab Inc. and Veolia Environnement SA, occupying 7.40% and 7.02% of the portfolio correspondingly.
TBLU last dividends amounted to 0.40 USD. Six months before that, the issuer paid 0.32 USD in dividends, which shows a 20.14% increase.
TBLU assets under management is 57.11 M USD. It's fallen 1.50% over the last month.
TBLU fund flows account for −4.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TBLU pays dividends to its holders with the dividend yield of 1.37%. The last dividend (Jun 27, 2025) amounted to 0.40 USD. The dividends are paid semi-annually.
TBLU shares are issued by TortoiseEcofin Investments LLC under the brand Tortoise. The ETF was launched on Feb 14, 2017, and its management style is Passive.
TBLU expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
TBLU follows the Tortoise Global Water ESG Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TBLU invests in stocks.
TBLU price has fallen by −2.49% over the last month, and its yearly performance shows a 14.00% increase. See more dynamics on TBLU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.59% over the last month, have fallen by −1.59% over the last month, showed a 1.64% increase in three-month performance and has increased by 14.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.59% over the last month, have fallen by −1.59% over the last month, showed a 1.64% increase in three-month performance and has increased by 14.56% in a year.
TBLU trades at a premium (0.74%) meaning the ETF is trading at a higher price than the calculated NAV.