Industry description
The investment seeks to provide a high level of current income to shareholders, with a secondary objective of capital appreciation.
The fund seeks to invest in equity and fixed income securities primarily in power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles. Such companies provide consistent dividends and stable earnings regardless of the state of the overall stock market. The fund is non-diversified.
Volume
The average weekly volume growth across all stocks in the Tortoise Power and Energy Infrastructure ETF was 31%. For the same stocks of the ETF, the average monthly volume growth was -22% and the average quarterly volume growth was 14%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 28
P/E Growth Rating: 31
Price Growth Rating: 34
SMR Rating: 41
Profit Risk Rating: 15
Seasonality Score: 6 (-100 ... +100)