Tortoise
Water Index® (TBLUE)

The Tortoise Water Index® is a float-adjusted, modified market capitalization-weighted index comprised of companies that are materially engaged in the water infrastructure or water management industries. Water infrastructure companies’ principal business is providing public water distribution or supporting water distribution infrastructure via equipment or engineering and construction. Water management companies’ primary business is providing technologies or products that manage or facilitate water distribution and usage, including the fields of water efficiency, water treatment and irrigation.

Methodology summary

  • Float-adjusted, modified market capitalization-weighting
  • Fundamental weighting based on percentage of company’s gross revenues derived from water-related activities
    • Direct water exposure: companies derive 50% or more of their revenues from water-related activities; this segment will represent at least 70% of the index
    • Indirect water exposure: companies derive 25% to 50% of their revenues from water-related activities; this segment will represent at most 30% of the index
  • No single issuer greater than 7.5%
    • No single issuer with indirect water exposure greater than 4%
TBLUE
Index Stats as of 9/21/2018
Tickers
Price TBLUE
Total Return TBLUET
Base Date 12/31/2010
Inception Date 8/31/2016
Calculated by S&P Dow Jones Indices
Rebalancing Quarterly
Number of Constituent 32
Market Capitalization $145 billion
Average Constitutent Size $4,517 million
Median Constitutent Size $2,008 million

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You are now leaving Tortoise website and are going to a website that is not operated by Tortoise and its affiliated companies. We are not responsible for the presentation of information on this site. If you select Continue, please note: The articles on the third-party websites contain the opinions of the author(s) and those interviewed by the author(s) but not necessarily those of the advisor, funds or distributor. The articles are distributed for educational purposes and should not be considered investment advice, an offer of any security for sale, or a recommendation of any particular security, strategy or investment product.


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