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 15. There are 7 mutual funds in the MLPs category with higher risk-adjusted ranks, going as high as 60.

Symbol	Name	Risk / Return Rank	AUM	Inception
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	60	—	Mar 2010	TYG vs MLPFX
MLPDX	Invesco SteelPath MLP Income Fund Class A	59	—	Mar 2010	TYG vs MLPDX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	47	—	Apr 2018	TYG vs GAMPX
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	44	—	Feb 2012	TYG vs MLPLX
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	44	—	Mar 2010	TYG vs MLPAX

Top Performing TYG Alternatives (YTD)

TYG is at 12.81% YTD. There are 8 mutual funds in the MLPs category with higher YTD returns, going as high as 25.29%.

Symbol	Name	YTD Return	AUM	Inception
MLPLX	Invesco SteelPath MLP Alpha Plus Fund Class A	25.29%	—	Feb 2012	TYG vs MLPLX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	23.48%	—	Apr 2018	TYG vs GAMPX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	22.61%	—	Mar 2010	TYG vs MLPFX
NML	Neuberger Berman MLP	21.99%	—	Mar 2013	TYG vs NML
MLPDX	Invesco SteelPath MLP Income Fund Class A	19.67%	—	Mar 2010	TYG vs MLPDX

Lowest Volatility Alternatives to TYG

TYG has 19.45% 1-year volatility. There are 8 mutual funds in the MLPs category with lower 1-year volatility, going as low as 11.44%.

Symbol	Name	Volatility 1Y	AUM	Inception
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	11.44%	—	Mar 2010	TYG vs MLPAX
MLPDX	Invesco SteelPath MLP Income Fund Class A	11.67%	—	Mar 2010	TYG vs MLPDX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	12.66%	—	Mar 2010	TYG vs MLPFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	14.60%	—	Apr 2018	TYG vs GAMPX
HMSFX	Hennessy Midstream Fund Investor Class	15.17%	—	Dec 2013	TYG vs HMSFX

Lowest Drawdown Alternatives to TYG

TYG has a 1-year max drawdown of -11.67%. There are 8 mutual funds in the MLPs category with shallower 1-year drawdowns, going as shallow as -6.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MLPDX	Invesco SteelPath MLP Income Fund Class A	-6.10%	—	Mar 2010	TYG vs MLPDX
MLPAX	Invesco SteelPath MLP Alpha Fund Class A	-6.17%	—	Mar 2010	TYG vs MLPAX
MLPFX	Invesco SteelPath MLP Select 40 Fund Class A	-6.68%	—	Mar 2010	TYG vs MLPFX
HMSFX	Hennessy Midstream Fund Investor Class	-6.98%	—	Dec 2013	TYG vs HMSFX
GAMPX	Goldman Sachs Energy Infrastructure Fund Class P	-7.23%	—	Apr 2018	TYG vs GAMPX

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	42	21.93%	—	May 2011	TYG vs TORIX

Often Compared With TYG

Investors most often compare TYG with EMO, KYN, NXG. These 20 comparison targets span 8 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	20	15.80%	—	Jun 2011	TYG vs EMO
KYN	Kayne Anderson Energy Infrastructure Fund	Energy Equities	26	16.76%	—	Sep 2024	TYG vs KYN
NXG	NXG NextGen Infrastructure Income Fund	Global Equity Income	48	24.20%	—	Sep 2012	TYG vs NXG
SRV	NXG Cushing® Midstream Energy Fund	Global Equity Income, Oil & Gas	53	31.93%	—	Aug 2007	TYG vs SRV
BKGI	Bny Mellon Global Infrastructure Income ETF	Energy Equities	59	12.20%	1.08B	Nov 2022	TYG vs BKGI
MLPX	Global X MLP & Energy Infrastructure ETF	MLPs	44	23.59%	3.54B	Aug 2013	TYG vs MLPX
EMP	Entergy Mississippi, Inc.		57	2.20%	—	—	TYG vs EMP
CEF	Sprott Physical Gold and Silver Trust	Precious Metals	25	1.16%	—	Jan 2018	TYG vs CEF
AMLP	Alerian MLP ETF	MLPs	39	16.31%	12.14B	Aug 2010	TYG vs AMLP
MPLX	MPLX LP		69	7.63%	—	—	TYG vs MPLX
ET	Energy Transfer LP		69	22.86%	—	—	TYG vs ET
MLPI	Neos MLP & Energy Infrastructure High Income ETF	Energy Equities	—	17.58%	643.40M	Dec 2025	TYG vs MLPI
UTG	Reaves Utility Income Trust		78	16.83%	—	—	TYG vs UTG
PAXS	PIMCO Access Income Fund	Multisector Bonds	7	-0.83%	—	Jan 2022	TYG vs PAXS
MDST	Westwood Salient Enhanced Midstream Income ETF	Energy Equities	44	14.94%	152.76M	Apr 2024	TYG vs MDST
CSTM	Constellium SE		96	90.24%	—	—	TYG vs CSTM
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	TYG vs SPY
TRIN	Trinity Capital Inc.		80	21.70%	—	—	TYG vs TRIN
USA	Liberty All-Star Equity Fund		30	-2.12%	—	—	TYG vs USA
XYLD	Global X S&P 500 Covered Call ETF	Derivative Income, S&P 500	82	4.96%	3.17B	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.

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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