Goldman Sachs MLP Energy Infrastructure Fund Institutional (GMLPX)

12.40
Net Asset Value
-1.04%
1 Day
+10.03%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
9.38%
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-4.25% 3 years--
3 months-4.24% 5 years--
1 year+20.21% Since inception+23.99%
Data through --

Peer Comparisonvs. Energy limited partnership

 GMLPXCategory
Performance 5-yr return----
Expense ratio9.38%5.31%
Risk 5 year sharpe ratio----
Net assets$2.4B$1.3B
Average market cap$7.4B--
Average P/E31.4--
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. stock88.37%
International stock8.57%
Fixed income3.06%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
SMLP Summit Midstream Partners LP5.66%
ACMP Access Midstream Partners LP4.49%
WMB Williams Companies Inc4.10%
SXL Sunoco Logistics Partners LP4.09%
EPD Enterprise Products Partners LP4.07%
MMP Magellan Midstream Partners, L.P.3.98%
SEMG Semgroup Corp3.96%
-- Inter Pipeline Fund3.76%
TRGP Targa Resources Corp3.61%
ETE Energy Transfer Equity LP3.36%

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