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Goldman Sachs MLP Energy Infrastructure Fund Institutional (GMLPX)

7.97
Net Asset Value
+0.76%
1 Day
+6.27%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
1.04%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return through current income and capital appreciation. The fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in energy infrastructure master limited partnership ("MLP") investments. The advisor intends to concentrate its investments in the energy sector, with a focus on "midstream" energy infrastructure MLPs. It 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. The fund is non-diversified.

Performance

1 month+7.36% 3 years-4.32%
3 months-0.35% 5 years--
1 year+32.68% Since inception-0.47%
Data through --

Peer Comparisonvs. Energy limited partnership

 GMLPXCategory
Performance 5-yr return--+5.22%
Expense ratio1.04%1.63%
Risk 5 year sharpe ratio--0.31
Net assets$2.4B$888.6M
Average market cap$11.8B$8.8B
Average P/E25.722.6
Portfolio turnover96%96%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureKyri Loupis / 3 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock92.36%
International stock7.05%
Fixed income0.60%
Cash0.00%
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 LP7.61%
MMP Magellan Midstream Partners LP6.72%
PAA Plains All American Pipeline LP6.41%
TRGP Targa Resources Corp6.00%
MPLX MPLX LP5.10%
WMB Williams Companies4.94%
SXL Sunoco Logistics Partners LP4.86%
-- 4.08%
BPL Buckeye Partners LP3.95%
ETP Energy Transfer Partners LP3.74%