TPZ: Struggling To Provide Results After ETF Conversion And Latest Pivot

Tortoise Electrification Infrastructure ETF has shifted focus to electrification infrastructure and fully transitioned to an equity portfolio while employing some covered calls. Since its ETF conversion, TPZ has underperformed sector peers and experienced continued outflows. TPZ's top holdings, CEG and VST, are exposed to AI-driven energy demand but have seen valuations normalize after previous highs.