Tortoise Index Solutions Announces Index Updates for Second Quarter 2018

Tortoise Index Solutions today announced upcoming additions and
deletions to its indices as part of its regular quarterly rebalancing
for the second quarter of 2018. Following the close of trading on June
15, 2018, the indices will be rebalanced and as a result, the following
changes will become effective.

The full constituent list can be viewed at tortoiseadvisors.com/tmlp/constituents.

The full constituent list can be viewed at tortoiseadvisors.com/tnap/constituents.

The full constituent list can be viewed at tortoiseadvisors.com/tnep/constituents.

There are no second quarter rebalancing updates to report for Tortoise
Water Index℠ (TBLUE/TBLUET) and Tortoise Global Water ESG Index℠
(TGWESG/TGWESGT).

About Tortoise

Tortoise specializes in essential assets and income. Tortoise invests in
assets and services that serve essential needs in society and can also
serve essential client needs, such as diversification and income.
Tortoise’s actively researched indices fill a void in the essential
asset universe and provide a platform for passively managed
exchange-traded products. Through a variety of investment vehicles,
Tortoise provides a wide range of client solutions, focused on their
evolving needs. For more information, please visit www.tortoiseadvisors.com.

About Tortoise MLP Index^®

The Tortoise MLP Index is a float-adjusted, capitalization weighted
index of energy master limited partnerships (MLPs). The index is
comprised of publicly traded companies organized in the form of limited
partnerships or limited liability companies engaged in transportation,
production, processing and/or storage of energy commodities.

About Tortoise North American Pipeline Index℠

The Tortoise North American Pipeline Index is a float-adjusted,
capitalization weighted index of pipeline companies that are organized
and have their principal place of business in the United States or
Canada. A pipeline company is defined as a company that either 1) has
been assigned a standard industrial classification (“SIC”) system code
that indicates the company operates in the energy pipeline industry or
2) has at least 50% of its assets, cash flow or revenue associated with
the operation or ownership of energy pipelines. Pipeline companies
engage in the business of transporting natural gas, crude oil and
refined products, storing, gathering and processing such gas, oil and
products and local gas distribution. The index includes pipeline
companies structured as corporations, limited liability companies and
master limited partnerships (MLPs).

About Tortoise North American Oil & Gas Producers Index℠

The Tortoise North American Oil & Gas Producers Index is
a float-adjusted, capitalization weighted index of North American energy
companies primarily engaged in the production of crude oil, condensate,
natural gas or natural gas liquids (NGLs). The index includes
exploration and production companies structured as corporations, limited
liability companies, and master limited partnerships, but excludes
United States royalty trusts.

About Tortoise Water Index℠

The Tortoise Water Index is a float-adjusted, modified market
capitalization-weighted index comprised of companies that are materially
engaged in the water infrastructure or water management industries.
Water infrastructure companies’ principal business is providing public
water distribution or supporting water distribution infrastructure via
equipment or engineering and construction. Water management companies’
primary business is providing technologies or products that manage or
facilitate water distribution and usage, including the fields of water
efficiency, water treatment and irrigation.

About Tortoise Global Water ESG Total Return Index℠

Tortoise Global Water ESG Total Return Index℠ is a
proprietary, rules-based, modified capitalization-weighted,
float-adjusted index comprised of companies that are materially engaged
in the water infrastructure or water management industries.

The Tortoise indices are the exclusive property of Tortoise Index
Solutions, LLC, which has contracted with S&P Opco, LLC (a subsidiary of
S&P Dow Jones Indices LLC) to calculate and maintain the Tortoise MLP
Index^®, Tortoise North American Pipeline Index℠, Tortoise
North American Oil and Gas Producers Index℠, the Tortoise Water Index℠
and the Tortoise Global Water ESG Total Return Index℠ (the
“Indices”). The Indices are not sponsored by S&P Dow Jones Indices or
its affiliates or its third party licensors (collectively, “S&P Dow
Jones Indices”). S&P Dow Jones Indices will not be liable for any errors
or omission in calculating the Indices. “Calculated by S&P Dow Jones
Indices” and its related stylized mark(s) are service marks of S&P Dow
Jones Indices and have been licensed for use by Tortoise Index
Solutions, LLC and its affiliates. S&P^® is a registered
trademark of Standard & Poor’s Financial Services LLC (“SPFS”), and Dow
Jones^® is a registered trademark of Dow Jones Trademark
Holdings LLC (“Dow Jones”).

Safe Harbor Statement

This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.

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