TYG Alternatives & Similar Mutual Funds

Tortoise Energy Infrastructure Closed Fund (TYG) belongs to the MLPs category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TYG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TYG

TYG charges 2.90% annually. There are 4 mutual funds in the MLPs category with lower expense ratios, going as low as 1.11%.

Symbol	Name	Expense Ratio	AUM	Inception
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	1.11%	—	Apr 2018	TYG vs GAMPX
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	1.54%	—	Mar 2010	TYG vs MLPAX
HMSFX	Hennessy Midstream Fund Investor Class	1.75%	—	Dec 2013	TYG vs HMSFX
NML	Neuberger Berman MLP	2.72%	—	Mar 2013	TYG vs NML
MLPDX	Invesco SteelPath MLP Income Fund Class A	9.02%	—	Mar 2010	TYG vs MLPDX

Best Risk-Adjusted Alternatives to TYG

TYG has a PortfoliosLab risk / return rank of 11. There are 8 mutual funds in the MLPs category with higher risk-adjusted ranks, going as high as 67.

Symbol	Name	Risk / Return Rank	AUM	Inception
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	67	—	Mar 2010	TYG vs MLPFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	61	—	Apr 2018	TYG vs GAMPX
MLPDX	Invesco SteelPath MLP Income Fund Class A	57	—	Mar 2010	TYG vs MLPDX
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	52	—	Feb 2012	TYG vs MLPLX
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	51	—	Mar 2010	TYG vs MLPAX

Top Performing TYG Alternatives (YTD)

TYG is at 11.98% YTD. There are 8 mutual funds in the MLPs category with higher YTD returns, going as high as 25.33%.

Symbol	Name	YTD Return	AUM	Inception
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	25.33%	—	Feb 2012	TYG vs MLPLX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	24.02%	—	Apr 2018	TYG vs GAMPX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	23.18%	—	Mar 2010	TYG vs MLPFX
NML	Neuberger Berman MLP	19.17%	—	Mar 2013	TYG vs NML
MLPDX	Invesco SteelPath MLP Income Fund Class A	18.61%	—	Mar 2010	TYG vs MLPDX

Lowest Volatility Alternatives to TYG

TYG has 19.42% 1-year volatility. There are 8 mutual funds in the MLPs category with lower 1-year volatility, going as low as 11.46%.

Symbol	Name	Volatility 1Y	AUM	Inception
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	11.46%	—	Mar 2010	TYG vs MLPAX
MLPDX	Invesco SteelPath MLP Income Fund Class A	11.82%	—	Mar 2010	TYG vs MLPDX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	12.81%	—	Mar 2010	TYG vs MLPFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	14.70%	—	Apr 2018	TYG vs GAMPX
HMSFX	Hennessy Midstream Fund Investor Class	14.95%	—	Dec 2013	TYG vs HMSFX

Lowest Drawdown Alternatives to TYG

TYG has a 1-year max drawdown of -13.94%. There are 8 mutual funds in the MLPs category with shallower 1-year drawdowns, going as shallow as -6.06%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	-6.06%	—	Mar 2010	TYG vs MLPAX
HMSFX	Hennessy Midstream Fund Investor Class	-6.98%	—	Dec 2013	TYG vs HMSFX
MLPDX	Invesco SteelPath MLP Income Fund Class A	-7.23%	—	Mar 2010	TYG vs MLPDX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	-7.23%	—	Apr 2018	TYG vs GAMPX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	-7.40%	—	Mar 2010	TYG vs MLPFX

Other Mutual Funds from Tortoise

The 1 most viewed Tortoise mutual funds shown here include TORIX and span 1 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TORIX	Tortoise MLP & Pipeline Fund	Energy Equities	50	22.67%	—	May 2011	TYG vs TORIX

Often Compared With TYG

Investors most often compare TYG with EMO, KYN, NXG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EMO	ClearBridge Energy Midstream Opportunity Fund	MLPs, Energy Equities	19	14.74%	—	Jun 2011	TYG vs EMO
KYN	Kayne Anderson Energy Infrastructure Fund	Energy Equities	21	13.86%	—	Sep 2024	TYG vs KYN
NXG	NXG NextGen Infrastructure Income Fund	Global Equity Income	45	23.39%	—	Sep 2012	TYG vs NXG
SRV	NXG Cushing® Midstream Energy Fund	Energy Equities	64	34.33%	—	Aug 2007	TYG vs SRV
BKGI	Bny Mellon Global Infrastructure Income ETF	Energy Equities	60	11.78%	1.14B	Nov 2022	TYG vs BKGI
MLPX	Global X MLP & Energy Infrastructure ETF	MLPs	51	23.61%	3.40B	Aug 2013	TYG vs MLPX
EMP	Entergy Mississippi, Inc.		55	0.57%	—	—	TYG vs EMP
CEF	Sprott Physical Gold and Silver Trust	Gold, Silver, Precious Metals	11	-14.17%	—	Jan 2018	TYG vs CEF
AMLP	Alerian MLP ETF	MLPs	29	11.45%	11.93B	Aug 2010	TYG vs AMLP
MPLX	MPLX LP		73	9.52%	—	—	TYG vs MPLX
ET	Energy Transfer LP		70	19.03%	—	—	TYG vs ET
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	MLPs, Energy Equities	—	18.83%	657.68M	Dec 2025	TYG vs MLPI
PAXS	PIMCO Access Income Fund	Multisector Bonds	6	-1.99%	—	Jan 2022	TYG vs PAXS
UTG	Reaves Utility Income Trust		74	15.09%	—	—	TYG vs UTG
MDST	Westwood Salient Enhanced Midstream Income ETF	Energy Equities	57	16.65%	152.76M	Apr 2024	TYG vs MDST
SPY	State Street SPDR S&P 500 ETF	S&P 500	60	8.10%	765.27B	Jan 1993	TYG vs SPY
CSTM	Constellium SE		95	73.26%	—	—	TYG vs CSTM
USA	Liberty All-Star Equity Fund		25	-4.98%	—	—	TYG vs USA
TRIN	Trinity Capital Inc.		88	30.15%	—	—	TYG vs TRIN
XYLD	Global X S&P 500 Covered Call ETF	Derivative Income, S&P 500	80	4.51%	3.19B	Jun 2013	TYG vs XYLD

Compare TYG with Any Fund or Stock

Compare TYG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair TYG with funds that move differently

Tortoise Energy Infrastructure Closed Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TYG.

Explore TYG Diversifiers

Tortoise Energy Infrastructure Closed Fund (TYG) Alternatives