Tortoise Capital Celebrates One-Year Anniversary of Tortoise AI Infrastructure ETF (NYSE:TCAI)

OVERLAND PARK, KS / ACCESS Newswire / August 4, 2026 / Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy and infrastructure investing, is today celebrating the one-year anniversary of the Tortoise AI Infrastructure ETF (TCAI), marking a year of significant growth and strong performance.

Tortoise's differentiated approach, which focuses on the "picks and shovels" of AI, has positioned TCAI as a compelling option for investors looking for near-and long-term exposure to the theme.

TCAI is an actively managed fund designed to invest in companies across AI infrastructure, including businesses involved in power generation, data centers, semiconductors, digital infrastructure, and networking equipment that are critical to enabling the continued expansion of AI. After all, AI doesn't run on code alone. It runs on infrastructure.^TM

Since its launch on August 4, 2025, TCAI has gathered more than $250 million in assets under management.

"We launched TCAI with the belief that investors were underexposed to the massive infrastructure buildout required to support the growth in AI," said Tom Florence, CEO of Tortoise Capital. "The market has increasingly recognized that AI is far more than a software story. It requires enormous investments in data centers, power generation, networking, and digital infrastructure, and TCAI provides investors with targeted exposure to the companies making that transformation possible."

Alongside its impressive asset growth and amidst increasing investor demand for exposure to the infrastructure powering the artificial intelligence revolution the fund has delivered significant outperformance through its first year. As of June 30, 2026, TCAI has returned 88.35% year-to-date and 120.79% since inception.

TCAI Standardized Performance (as of June 30, 2026)

The performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. For the fund's most recent month end performance, please call (855) 994-4437.

Returns less than one year are not annualized. NAV prices are used to calculate market price performance prior to the date when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. As stated in the Prospectus, the total annual operating expenses are 0.65%.

"We believe we're still in the early stages of a multi-year AI infrastructure investment cycle," said Mark Marifian, Head of Product at Tortoise Capital. "As AI adoption accelerates, demand for electricity, data centers, advanced semiconductors, and connectivity will continue to increase. TCAI was designed to capture these powerful and durable investment themes."

To learn more about TCAI and Tortoise Capital please visit www.tortoisecapital.com.

About Tortoise Capital
With approximately $10.7 billion in assets under management as of June 30, 2026, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well-positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered investment adviser who manages funds that invest primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit www.tortoisecapital.com.

Important Information

Tortoise Capital Advisors, LLC is the advisor to the Tortoise AI Infrastructure ETF.

For the fund's standardized performance, please visit the fund's webpage here.

The fund has a limited operating history, which may make it more difficult to evaluate the fund's performance and assess the risks associated with investing in the fund. Short-term performance in particular, should not be the sole basis for evaluating an investment.

Nothing in this press release should be considered a solicitation to buy or an offer to sell any shares of the portfolio in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation.

Before investing in the funds, investors should consider their investment goals, time horizons and risk tolerance. The funds' investment objective, risks, charges and expenses must be considered carefully before investing. The statutory prospectuses and the summary prospectuses (click here) contain this and other important information about the funds. Copies of the funds' prospectus may be obtained by calling 855-994-4437 or by emailing [email protected]. Read it carefully before investing.

Investing involves risk. Principal loss is possible. Because the fund is "non-diversified" and may invest a greater percentage of its assets in the securities of a single issuer, a decline in the value of an investment in a single issuer could cause the fund's overall value to decline to a greater degree than if the fund held a more diversified portfolio. The fund's strategy of emphasizing investments in AI infrastructure companies means that the performance of the fund will be closely tied to the performance of one or more industries that are expected to benefit from the growth of AI-capable data centers and related technology and energy infrastructure. Investing in companies that are expected to benefit from the same macro theme means that some of the fund's investments may be similarly affected by certain market, economic, political, or social developments.

Companies in the energy infrastructure sector are subject to many risks that can negatively impact the revenues and viability of companies in this sector, including, but not limited to risks associated with companies owning and/or operating pipelines, gathering and processing assets, power infrastructure, propane assets, as well as capital markets, terrorism, natural disasters, climate change, operating, regulatory, environmental, supply and demand, and price volatility risks. Companies in the technology infrastructure sector are subject to many risks that can negatively impact the revenues and viability of companies in this sector, including, but not limited to risks associated with emerging technology that renders existing products or services obsolete, reliance on outdated technology, intellectual property theft, supply chain disruption, vulnerabilities to third-party vendors and suppliers, business interruption, difficulty in retaining skilled talent, and regulatory compliance. Companies in the industrial sector face a variety of risks, including commodity price volatility, supply chain disruptions, potential obsolescence of technologies, economic downturns, and increasing competition.

Investment advisers, including the Adviser, must rely in part on digital and network technologies (collectively "cyber networks") to conduct their businesses. Derivatives include instruments and contracts that are based on and valued in relation to one or more underlying securities, financial benchmarks, indices, or other reference obligations or measures of value. If the fund writes a covered call option, during the option's life the fund gives up the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the strike price of the call, but retains the risk of loss should the price of the underlying security decline. Investments in securities of foreign companies involve risks not ordinarily associated with investments in securities and instruments of U.S. issuers, including risks relating to political, social and economic developments abroad, differences between U.S. and foreign regulatory and accounting requirements, tax risks, and market practices, as well as fluctuations in foreign currencies.

The fund may be exposed to liquidity risk when trading volume, lack of a market maker, or legal restrictions impair the fund's ability to sell particular securities or close call option positions at an advantageous price or in a timely manner. Illiquid investments may include restricted securities that cannot be sold immediately because of statutory and contractual restrictions on resale. Mid-cap and small-cap companies may not have the management experience, financial resources, product or business diversification and competitive strengths of large cap companies.

Shares of exchange-traded funds (ETFs) are not individually redeemable and owners of the shares may acquire those shares from the ETF and tender those shares for redemption to the ETF in Creation Units only, see the ETF prospectus for additional information regarding Creation Units. Investors may purchase or sell ETF shares throughout the day through any brokerage account, which will result in typical brokerage commissions.

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SOURCE: Tortoise Capital