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 14. There are 8 mutual funds in the MLPs category with higher risk-adjusted ranks, going as high as 81.

Symbol	Name	Risk / Return Rank	AUM	Inception
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	81	—	Mar 2010	TYG vs MLPFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	75	—	Apr 2018	TYG vs GAMPX
MLPDX	Invesco SteelPath MLP Income Fund Class A	71	—	Mar 2010	TYG vs MLPDX
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	67	—	Mar 2010	TYG vs MLPAX
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	66	—	Feb 2012	TYG vs MLPLX

Top Performing TYG Alternatives (YTD)

TYG is at 13.83% YTD. There are 8 mutual funds in the MLPs category with higher YTD returns, going as high as 28.87%.

Symbol	Name	YTD Return	AUM	Inception
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	28.87%	—	Feb 2012	TYG vs MLPLX
NML	Neuberger Berman MLP	26.87%	—	Mar 2013	TYG vs NML
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	26.87%	—	Apr 2018	TYG vs GAMPX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	24.67%	—	Mar 2010	TYG vs MLPFX
EMO	ClearBridge Energy Midstream Opportunity Fund	23.18%	—	Jun 2011	TYG vs EMO

Lowest Volatility Alternatives to TYG

TYG has 19.18% 1-year volatility. There are 8 mutual funds in the MLPs category with lower 1-year volatility, going as low as 11.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	11.77%	—	Mar 2010	TYG vs MLPAX
MLPDX	Invesco SteelPath MLP Income Fund Class A	12.40%	—	Mar 2010	TYG vs MLPDX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	13.18%	—	Mar 2010	TYG vs MLPFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	14.93%	—	Apr 2018	TYG vs GAMPX
HMSFX	Hennessy Midstream Fund Investor Class	15.36%	—	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 -5.92%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	-5.92%	—	Mar 2010	TYG vs MLPAX
HMSFX	Hennessy Midstream Fund Investor Class	-6.91%	—	Dec 2013	TYG vs HMSFX
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
MLPDX	Invesco SteelPath MLP Income Fund Class A	-7.51%	—	Mar 2010	TYG vs MLPDX

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	74	25.95%	—	May 2011	TYG vs TORIX

Often Compared With TYG

Investors most often compare TYG with KYN, NXG, SRV. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KYN	Kayne Anderson Energy Infrastructure Fund	Energy Equities	57	23.27%	—	Sep 2024	TYG vs KYN
NXG	NXG NextGen Infrastructure Income Fund	Global Equity Income	72	28.90%	—	Sep 2012	TYG vs NXG
SRV	NXG Cushing® Midstream Energy Fund	Energy Equities	68	32.91%	—	Aug 2007	TYG vs SRV
BKGI	Bny Mellon Global Infrastructure Income ETF	Energy Equities	79	14.63%	1.14B	Nov 2022	TYG vs BKGI
MLPX	Global X MLP & Energy Infrastructure ETF	MLPs	75	28.86%	3.54B	Aug 2013	TYG vs MLPX
EMP	Entergy Mississippi, Inc.		61	0.83%	—	—	TYG vs EMP
CEF	Sprott Physical Gold and Silver Trust	Gold, Silver, Precious Metals	12	-14.83%	—	Jan 2018	TYG vs CEF
AMLP	Alerian MLP ETF	MLPs	56	19.32%	12.42B	Aug 2010	TYG vs AMLP
MPLX	MPLX LP		82	11.35%	—	—	TYG vs MPLX
ET	Energy Transfer LP		83	26.95%	—	—	TYG vs ET
PAXS	PIMCO Access Income Fund	Multisector Bonds	12	1.95%	—	Jan 2022	TYG vs PAXS
MLPI	NEOS MLP & Energy Infrastructure High Income ETF	MLPs, Energy Equities	—	21.15%	746.33M	Dec 2025	TYG vs MLPI
UTG	Reaves Utility Income Trust		70	12.60%	—	—	TYG vs UTG
CSTM	Constellium SE		93	51.35%	—	—	TYG vs CSTM
MDST	Westwood Salient Enhanced Midstream Income ETF	Energy Equities	72	19.41%	152.76M	Apr 2024	TYG vs MDST
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	TYG vs SPY
USA	Liberty All-Star Equity Fund		34	0.39%	—	—	TYG vs USA
TRIN	Trinity Capital Inc.		90	39.69%	—	—	TYG vs TRIN
JFR	Nuveen Floating Rate Income Fund	High Yield Bonds	6	5.53%	—	Mar 2004	TYG vs JFR
GDO	Western Asset Global Corporate Defined Opportunity...	Corporate Bonds	6	-4.54%	—	Jan 2012	TYG vs GDO

Compare TYG with Any Fund or Stock

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

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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