Goldman Sachs MLP Energy Infrastructure Fund Institutional (GMLPX)

11.94
Net Asset Value
+0.25%
1 Day
+5.94%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
1.53%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks total return through current income and capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in energy infrastructure master limited partnership ("MLP") investments. It intends to concentrate its investments in the energy sector, with a focus on "midstream" energy infrastructure MLPs. The fund may also invest in "upstream" and "downstream" MLPs. Upstream MLPs are primarily engaged in the exploration, recovery, development and production of crude oil, natural gas and natural gas liquids. It is non-diversified.

Performance

1 month+2.05% 3 years--
3 months+7.18% 5 years--
1 year+25.16% Since inception+23.19%
Data through --

Peer Comparisonvs. Equity energy

 GMLPXCategory
Performance 5-yr return--+15.50%
Expense ratio1.53%2.59%
Risk 5 year sharpe ratio--0.70
Net assets$837.2M$875.5M
Average market cap$3.8B$16.4B
Average P/E25.121.7
Portfolio turnover96%96%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureKyri Loupis / 1 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock92.46%
International stock5.87%
Cash1.67%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
TRGP Targa Resources Corp9.36%
NGL NGL Energy Partners LP8.99%
MWE MarkWest Energy Partners LP7.31%
WPZ Williams Partners LP7.25%
ACMP Access Midstream Partners LP7.04%
KNOP KNOT Offshore Partners LP4.81%
PAA Plains All American Pipeline LP4.60%
PSXP Phillips 66 Partners LP4.43%
DPM DCP Midstream Partners LP4.22%
EQM EQT Midstream Partners LP4.13%

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