TCAI ETF — Tortoise AI Infrastructure ETF

Tortoise AI Infrastructure ETF (TCAI)

Updated October 16, 2026.

TCAI is an ETF linked to AI Infrastructure Equities. its trailing-12-month yield is 0.04%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 58.3% over the past 1.2 years, 35.1 points ahead of SPY at 23.2%.

Tortoise AI Infrastructure ETF is an actively managed fund that invests at least 80% of its assets in equity securities of companies positioned to benefit from artificial intelligence infrastructure build-out, including those providing long-term assets, products, or services critical to AI output. The fund carries an expense ratio of 0.65% and currently distributes on a semi-annual basis, with a very modest distribution rate; the latest distribution was special and may not recur regularly. The fund appeals to investors seeking exposure to the artificial intelligence infrastructure sector with active management rather than passive index tracking.

TCAI performance versus SPY

Price and return data through 2026-10-16.

Total return is 58.3% over the past 1.2 years, 35.1 points ahead of SPY at 23.2%. Its deepest 1-year drawdown was 31.5%.

TCAI key facts

Distribution Safety Score™

50 · Unproven

Issuer

Tortoise Capital

Asset type

ETF

Asset class

Equity

Inception date

08/04/2025

Expense ratio

0.65%

Distribution frequency

Semi-Annual

Trailing yield

0.04%

Last close

$39.90 (stale; as of 2026-10-16)

AUM

$204,941,278

Average volume

78700.0

Dividend

$0.015

Ex-dividend date

12/31/2025

Payment date

01/02/2026

Beta

2.0593

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.04%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Tortoise Capital; Index: AI Infrastructure Equities; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TCAI risks and drawbacks

Payments are semi-annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 31.5%.

Who may consider TCAI — and who may not

It is a weaker fit for investors who need monthly cash flow (TCAI pays semi-annual). This is educational context, not a recommendation to buy or sell.

More on TCAI

• All tickers starting with T

Tagged: Artificial Intelligence (AI), Data Center, Active, Infrastructure.

Frequently asked questions

More securities from Tortoise Capital.