Predicted to enable phosphatidylinositol-3,5-bisphosphate phosphatase activity and phosphatidylinositol-3-phosphatase activity. Predicted to be involved in phosphatidylinositol dephosphorylation. Predicted to act upstream of or within endocytosis and lipid metabolic process. Predicted to be located in cell projection; endoplasmic reticulum; and plasma membrane. Predicted to be active in cytoplasm; membrane; and nuclear envelope. Is expressed in several structures, including alimentary system; central nervous system; genitourinary system; integumental system; and sensory organ. Orthologous to human MTMR6 (myotubularin related protein 6). [provided by Alliance of Genome Resources, Apr 2022]