For Tortoise MLP Index (TMLP), TGE will be removed from the index in a special rebalancing.
For Tortoise North American Pipeline Index (TNAP), TGE will be removed without a special rebalancing.
Special rebalancings in TMLP are triggered by corporate actions such as mergers, bankruptcies, and liquidations, in which the resulting weight of a single constituent exceeds the index’s 7.5% threshold and the target constituent weight exceeds certain weighting thresholds. Implementation of special rebalancings will be made in accordance with existing methodologies.
