Goldman Sachs MLP Energy Infrastructure Fund Institutional (GMLPX)

10.72
Net Asset Value
+0.75%
1 Day
-7.90%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
3.16%
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-6.38% 3 years--
3 months-3.67% 5 years--
1 year-14.15% Since inception+11.19%
Data through --

Peer Comparisonvs. Energy limited partnership

 GMLPXCategory
Performance 5-yr return--+9.47%
Expense ratio3.16%3.99%
Risk 5 year sharpe ratio--1.16
Net assets$2.6B$1.0B
Average market cap$7.4B$11.1B
Average P/E20.527.2
Portfolio turnover25%25%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureKyri Loupis / 2 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock88.54%
International stock8.54%
Cash2.92%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EPD Enterprise Products Partners LP6.28%
WPZ Williams Partners LP4.78%
PAA Plains All American Pipeline LP4.61%
ETE Energy Transfer Equity LP4.33%
SEMG SemGroup Corp4.17%
SXL Sunoco Logistics Partners LP3.80%
TRGP Targa Resources Corp3.35%
SMLP Summit Midstream Partners LP3.27%
MMP Magellan Midstream Partners LP3.24%
PAGP Plains GP Holdings LP2.91%

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