Tortoise Energy Infrastructure Total Return Fund
Tortoise Capital Series Trust · 3 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Tortoise Energy Infrastructure Total Return Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q1
Tortoise Energy Infrastructure Total Return Fund, a series of Tortoise Capital Series Trust (the Fund), seeks total return.
The fund actively selects equity securities of energy infrastructure companies—primarily midstream firms that transport and store natural gas, crude oil, and refined products, and power and renewable infrastructure operators—using proprietary models that screen for long-lived assets, high barriers to entry, predictable revenue, and experienced management. The fund is non-diversified and may concentrate its holdings in a small number of issuers. The fund may invest up to 25% of assets in master limited partnerships and similar pass-through entities, up to 30% in non-North American securities, and up to 20% in debt securities including below-investment-grade bonds.
| Share class | Expense ratio |
|---|---|
| C000260001 | 1.16% |
| TORTX | 1.16% |
| TORCX | 1.91% |
| TORIX | 0.91% |
Portfolio turnover 18.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.97% |
| Cash & short-term | 1.06% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Energy | 57.3% |
| Utilities | 17.8% |
| International | 13.9% |
| Other | 9.9% |
| Cash | 1.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +30.60% | — | — | 14.13% | — | |
| +29.59% | — | — | 14.13% | — | |
| +30.89% | — | — | 14.10% | — |
These classes hold the same portfolio, so the 1.29pp spread over 1 year is the cost difference between them — roughly 1.29pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| TRGP | Targa Resources CorpTRGP | 10.17% | $255.07 | $383.74M | 1.5M |
| WMB | The Williams Cos IncWMB | 8.51% | $71.39 | $321.17M | 4.5M |
| LNG | Cheniere Energy IncLNG | 7.88% | $224.86 | $297.17M | 1.3M |
| — | Energy Transfer LP | 7.49% | $19.17 | $282.45M | 14.7M |
| — | Enterprise Products Partners L | 7.23% | $36.79 | $272.80M | 7.4M |
| DTM | DT Midstream IncDTM | 6.41% | $139.98 | $241.89M | 1.7M |
| — | MPLX LP | 5.17% | $54.65 | $194.87M | 3.6M |
| TRP | TC Energy CorpTRP | 4.96% | $66.62 | $187.25M | 2.8M |
| — | Plains GP Holdings LP | 4.95% | $24.35 | $186.85M | 7.7M |
| OKE | ONEOK IncOKE | 4.91% | $83.94 | $185.32M | 2.2M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 67.69% of net assets, top 25 99.74%, across 26 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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