TPAY

Ecofin Digital Payments Infrastructure Fund
*Unless otherwise stated, data provided by FactSet.

TPAY Fund Description

TPAY tracks a market-cap-weighted index of digital payments infrastructure companies listed on developed markets exchange.

TPAY Factset Analytics Insight

TPAY provides a straightforward take on digital payments infrastructure firms. For funds offering themed exposure, defining the universe is a key step in the process. TPAY’s index uses a revenue screen of 50% or greater in its specified industries: Credit Card Networks, Digital Transaction Processing, Credit Card Issuers, Digital Payment Processing Software and Online Financial Services. Firms can be large-, mid- or small-cap, and must be listed on an exchange in a developed market. The ETF applies some liquidity screens but makes no attempt to pick winners within the space. Stocks are market-cap-weighted, subject to a 4.5% cap in any one name. Prior to the merger with Ecofin on August 21, 2020, the fund and index names were Tortoise Digital Payments Infrastructure Fund and Tortoise Digital Payments Infrastructure Index, respectively.

TPAY MSCI ESG Analytics Insight

Ecofin Digital Payments Infrastructure Fund has an MSCI ESG Fund Rating of A based on a score of 6.83 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Ecofin Digital Payments Infrastructure Fund ranks in the 70th percentile within its peer group and in the 81st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

TPAY MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 07/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TPAY 1.11% 1.78% 5.69% 31.38% -- -- --
TPAY (NAV) 1.11% 1.67% 5.88% 32.99% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TPAY Summary Data

Tortoise
01/31/19
Open-Ended Fund
0.40%
$14.15M
$37.03K
0.58%

TPAY Portfolio Data

$80.61B
67.75
4.95
0.22%
N/A
53

TPAY Index Data

Ecofin Global Digital Payments Infrastructure Index
Market Cap
Market Cap
N/A

TPAY Portfolio Management

0.40%
--
--
--

TPAY Tax Exposures

20.00% / 39.60%
1.05%
Qualified dividends
No

TPAY Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
High
Daily

TPAY Factset Analytics Block Liquidity

As of 07/23/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TPAY. TPAY is rated a 4 out of 5.

TPAY Tradability

821
$37.03K
588
$27.24K
0.58%
$0.27
0.12%
0.86% / -0.54%
None
81.00%
50,000
0.01
0.02%
0.07%
0
$47.37
4

TPAY Top 10 Holdings[View All]

4.74%
4.50%
4.43%
47.48%

TPAY Countries


TPAY
Segment Benchmark
76.97%
--
4.92%
--
4.69%
--
4.10%
--
2.92%
--
2.51%
--
1.23%
--
1.12%
--
0.98%
--
0.31%
--

TPAY Regions


TPAY
Segment Benchmark
77.95%
--
13.76%
--
8.13%
--
0.16%
--

TPAY Economic Development


TPAY
Segment Benchmark
99.90%
--
0.10%
--

TPAY Performance Statistics

--
--
--
--
0.00%
N/A

TPAY MSCI ESG Ratings

6.83 / 10
80.80
70.45
--
0.65%
6.88

TPAY Benchmark Comparison Holdings

53
--
--
0.00%

TPAY Benchmark Comparison Summary


TPAY
Segment Benchmark
53
--
$80.61B
--
67.75
--
4.95
--
0.47%
--
Medium
High

TPAY Benchmark Comparison Market Cap Size


TPAY
Segment Benchmark
66.67%
--
26.82%
--
6.10%
--
0.41%
--