Ecofin Global Water ESG Fund (EBLU) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of companies with sustainable environmental, social, and governance practices focused on the global water sector. The fund's portfolio includes companies involved in water utilities, treatment and desalination technologies, infrastructure development, resource management, and related equipment and services; key holdings encompass firms such as American Water Works, Xylem, Ecolab, and Pentair across categories like water supply, purification systems, wastewater management, and irrigation solutions. It targets institutional and retail investors interested in ESG-aligned exposure to essential water infrastructure and innovation, with global operations spanning North America, Europe, Asia-Pacific, and emerging markets.
Established in 2017 and domiciled in the United States with primary management by Tortoise Capital Advisors, L.P. (headquartered in Leawood, Kansas), EBLU operates within the broader sustainable investment industry segment emphasizing thematic ESG strategies. The fund underwent a significant rebranding from the Janux Global Water ETF in early 2021 to reflect its expanded ESG focus and alignment with Tortoise's Ecofin brand; in recent years, it has seen portfolio expansions including increased allocations to international water innovators amid growing climate-driven demand, alongside participation in strategic ESG index benchmarks without major funding rounds or acquisitions reported as of late 2025. EBLU maintains a market-cap weighted approach with liquidity screens, delivering diversified exposure to approximately 50-60 holdings while adhering to strict ESG criteria evaluated through proprietary sustainability scoring.