Tortoise Announces Change of Methodology for The Tortoise MLP Index (TMLP) and Revision of Quarterly Rebalance
Tortoise today announced a change to the concentration limits in the Tortoise MLP Index® (TMLP) methodology. Affiliated MLP securities that share a significant amount of cash flow will now be limited to a 7.5% maximum weight. The change will be effective and the weights recalculated as of the previous quarterly rebalance reference date of June 12, 2024, which began trading at the open on June 24, 2024.About TIS AdvisorsTIS Advisors provides...
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