Cloud Infrastructure Fund (TCLD)

Digital infrastructure is essential to the functioning of the economy. The Tortoise Cloud Infrastructure Fund uses a passive management approach and seeks to track the total return performance of the Tortoise Global Cloud Infrastructure IndexSM.

TCLD key benefits

    • The fund invests in companies that have the potential to benefit from the expected growing investments, rapid adoption and fast paced innovation of the cloud industry
      • Access to companies that provide and support cloud-based infrastructure
      • Exposure to companies that provide cloud services, cloud management software, data centers and cloud security
    • Direct exposure to companies that should benefit from the growth of the cloud
      • Users of the cloud are not included; their businesses and risks don’t align with the cloud industry
    • Market cap and liquidity filters provide a comparatively high level of liquidity

Potential advantages for investors

  • One 1099, no K-1s
  • No unrelated business taxable income (UBTI)
  • No leverage
  • Continuous liquidity

Fund Details

Total net assets $2.66M
Investment objective Total Return
Fiscal year end November 30
Structure Regulated Investment Company (RIC)
Fund Stats as of 03/19/2019
Symbol TCLD
Listing Exchange Cboe BZX
CUSIP 56167N555
Inception Date 1/31/2019
Market Price $26.65
NAV $26.64
NAV Change  $0.06
Premium/(Discount) 0.04%
Price Change  $-0.02
Total Net Assets $2.66M
Total Market Value $2.67M
Shares Outstanding 100,000
Management Fee 0.40%
Total Expenses 0.40%

Fund Resources
Quarterly Fact Sheet  
Section 19(a) Notifications
Tax Information
Fund documents