# EDGAR Filing Document

**Accession Number:** 0002034406
**File Stem:** 0001145549-25-049688
**Filing Date:** 2025-7
**Character Count:** 18042
**Document Hash:** de1e7b7f3b47264bef27768d03351986
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-049688.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001145549-25-049688

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tortoise Capital Series Trust
- **CENTRAL INDEX KEY:** 0002034406

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23997
- **FILM NUMBER:** 251160630

**BUSINESS ADDRESS:**
- **STREET 1:** 6363 COLLEGE BOULEVARD
- **STREET 2:** SUITE 100A
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66211
- **BUSINESS PHONE:** 866-362-9331

**MAIL ADDRESS:**
- **STREET 1:** 6363 COLLEGE BOULEVARD
- **STREET 2:** SUITE 100A
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66211

## Series and Classes Contracts Data

### TORTOISE NORTH AMERICAN PIPELINE FUND (Series ID: S000092075)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000259990 | TORTOISE NORTH AMERICAN PIPELINE FUND |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Tortoise Capital Series Trust

- **b. Investment Company Act file number:** 811-23997

- **c. CIK number of Registrant:** 0002034406

- **d. LEI of Registrant:** 529900IYQNYN4ZULP107

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 5901 College Boulevard

  - **City:** Overland Park

  - **State:** KS

  - **Foreign country:** US

  - **Zip / Postal Code:** 66211

  - **Telephone number:** 913-981-1020

**Item A.2. Information about the Series.**

- **a. Name of Series:** Tortoise North American Pipeline Fund

- **b. EDGAR series identifier (if any):** S000092075

- **c. LEI of Series:** 254900VTPHLD0IPOJQ55

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $707574853.21

**Total Liabilities:** $364164.97

**Net Assets:** $707210688.24

**Cash Not Reported:** $479.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259990 | 1.89%                | -3.74%               | 1.17%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6295121.57              | $6203287.15                                |
| Month 2  | $4974281.35              | $-34747456.98                              |
| Month 3  | $2763674.17              | $3852477.64                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Atmos Energy Corp              | Atmos Energy Corp                          | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    188298 | NS      | $29125934.64  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                   | NiSource Inc                               | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    709753 | NS      | $28063633.62  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co   | Northwest Natural Holding Co               | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     91848 | NS      | $3763012.56   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc            | Cheniere Energy Inc                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    229704 | NS      | $54437550.96  | 7.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CrossAmerica Partners LP       | CrossAmerica Partners LP                   | CUSIP: 22758A105<br>LEI: 549300OUUC900EVOGX10 | Long             | EC               | CORP              | US        |     19520 | NS      | $421436.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp          | Pembina Pipeline Corp                      | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    714845 | NS      | $26789432.98  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP             | Energy Transfer LP                         | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   1505911 | NS      | $26323324.28  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Partners LP/MA          | Global Partners LP/MA                      | CUSIP: 37946R109<br>LEI: 549300PCHWTW9P4DU444 | Long             | EC               | CORP              | US        |     29788 | NS      | $1564465.76   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc        | Kodiak Gas Services Inc                    | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41990 | NS      | $1482666.90   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Compression Partners LP    | USA Compression Partners LP                | CUSIP: 90290N109<br>LEI: 5493000B1PEOKXRZEO65 | Long             | EC               | CORP              | US        |     84131 | NS      | $2120101.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc           | Kinetik Holdings Inc                       | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86154 | NS      | $3837299.16   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc          | Excelerate Energy Inc                      | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25021 | NS      | $703840.73    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                        | MPLX LP                                    | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    402014 | NS      | $20502714.00  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    558822 | NS      | $45175170.48  | 6.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Partners LP    | Cheniere Energy Partners LP                | CUSIP: 16411Q101<br>LEI: 5493005UEC8AZ34LDV29 | Long             | EC               | CORP              | US        |     40581 | NS      | $2328131.97   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp      | Chesapeake Utilities Corp                  | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     52137 | NS      | $6370620.03   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc               | DT Midstream Inc                           | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108259 | NS      | $11339047.66  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   7012427 | NS      | $7012427.10   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Energy LP              | Genesis Energy LP                          | CUSIP: 371927104<br>LEI: 549300VJ5D6MDK138782 | Long             | EC               | CORP              | US        |    119028 | NS      | $1877071.56   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc     | Southwest Gas Holdings Inc                 | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |    137923 | NS      | $9907009.09   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    922800 | NS      | $55838628.00  | 7.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                    | Keyera Corp                                | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |    524407 | NS      | $15984220.36  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp          | Antero Midstream Corp                      | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    766698 | NS      | $14398588.44  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                   | Archrock Inc                               | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    400834 | NS      | $9980766.60   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                      | Spire Inc                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |    133532 | NS      | $10052288.96  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp           | Targa Resources Corp                       | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    148147 | NS      | $23396855.71  | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc             | Venture Global Inc                         | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |     77091 | NS      | $891942.87    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP          | Plains GP Holdings LP                      | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |    210970 | NS      | $3713072.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| South Bow Corp                 | South Bow Corp                             | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |    222271 | NS      | $5779046.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek Logistics Partners LP    | Delek Logistics Partners LP                | CUSIP: 24664T103<br>LEI: 549300UVYITDIU51P724 | Long             | EC               | CORP              | US        |     17599 | NS      | $735286.22    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                       | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    207225 | NS      | $17104351.50  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L | Enterprise Products Partners LP            | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    840169 | NS      | $25894008.58  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP  | Western Midstream Partners LP              | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207355 | NS      | $7755077.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AltaGas Ltd                    | AltaGas Ltd                                | CUSIP: 021361100<br>LEI: 2549008X5V70MOS4HM10 | Long             | EC               | CORP              | CA        |    681830 | NS      | $19048611.65  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP              | Hess Midstream LP                          | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    122959 | NS      | $4549483.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |   1959042 | NS      | $54931537.68  | 7.77%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp      | New Jersey Resources Corp                  | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    229516 | NS      | $10532489.24  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                    | ONE Gas Inc                                | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |    129654 | NS      | $9692933.04   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibson Energy Inc              | Gibson Energy Inc                          | CUSIP: 374825206<br>LEI: 549300WYW5D9I3FR0643 | Long             | EC               | CORP              | CA        |    373202 | NS      | $6162245.29   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                   | Enbridge Inc                               | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   1221291 | NS      | $56765605.68  | 8.03%             |  |  |  | No            |                  1 | On Loan: No      |
| New Fortress Energy Inc        | New Fortress Energy Inc                    | CUSIP: 644393100<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |    293271 | NS      | $730244.79    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline L | Plains All American Pipeline LP            | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |    496174 | NS      | $8206717.96   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                      | Sunoco LP                                  | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |    114989 | NS      | $6202506.66   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                 | TC Energy Corp                             | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |   1084015 | NS      | $54894519.60  | 7.76%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** Tortoise Capital Series Trust

**Signature:** /s/ Peter Sattelmair

**Name of Signer:** Tortoise Capital Series Trust

**Title:** Treasurer