Tortoise
Real Yield Index℠ (TYLD)

The Tortoise Real Yield® Index is a differentiated index that aims to track real asset exposure anchored in current income. It provides an efficient benchmark for real yielding, tax pass-through, liquid companies that distribute substantial cash flow streams to investors by investing in REITs (real estate investment trusts), MLPs (master limited partnerships) and BDCs (business development companies). The index provides a benchmark of companies with tangible essential assets that are supportive of economic activity with no commodity futures, precious metals, TIPS (treasury inflation-protected securities) or foreign currency exposure.

  • Why Real Yield®
  • Comprehensive yield-focused real asset companies illustrate relevant investment opportunity, now and
    across business cycles
  • What defined the last 25 years – declining interest rates and low inflation – is not necessarily what
    can be expected going forward
  • Defines equity-like exposure to real assets with attractive yield and diversification potential
  • Helpful benchmark for investors with recurring, multi-year funding obligations
 
  • Key Eligibility Requirements:
  • NYSE, NASDAQ, NYSE MKT or another major U.S. exchange-listed REITs (excluding mortgage REITs), oil & gas MLPs and BDCs
  • Market capitalization of $500 million for REITs and MLPs, $300 million for BDCs
  • 3-month average daily value traded is $5 million for REITs and MLPs and $3 million for BDCs

 

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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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