Address And Details

32 Old Slip , New York, NY 10005
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Goldman Sachs MLP Energy Infrastructure Fund (the Fund ) 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 (measured at the time of purchase) ( Net Assets ) in U.S. and non-U.S. equity or fixed income securities issued by energy infrastructure companies, including master limited partnerships ( MLPs ) and C corporations ( C-Corps ). The Fund s investments in MLPs will consist of at least 25% of the Fund s total assets as measured at the time of purchase. The Fund intends to concentrate its investments in the energy sector. For purposes of the Fund s 80% policy discussed above, the Fund s investments in energy infrastructure companies include U.S. and non-U.S. issuers that: (i) are classified by a third party as operating within the oil and gas storage and transportation sub-industries; (ii) are part of the Fund s stated benchmark; or (iii) have at least 50% of their assets, income, sales or profits committed to, or derived from, traditional or alternative midstream (energy infrastructure) businesses, which include businesses that are engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage, terminalling, wholesale marketing, liquefaction/regasification of natural gas, natural gas liquids, crude oil, refined products or other energy sources as well as businesses engaged in owning, storing and transporting alternative energy sources, such as renewables (wind, solar, hydrogen, geothermal, biomass) and alternative fuels (ethanol, hydrogen, biodiesel). The Fund s MLP investments may include MLPs structured as limited partnerships ( LPs ) or limited liability companies ( LLCs ); MLPs that are taxed as C-Corps; institutional units ( I-Units ) issued by MLP affiliates; private investments in public equities ( PIPEs ) issued by MLPs; and other U.S. and non-U.S. equity and fixed income securities and derivative instruments, including pooled investment vehicles and exchange-traded notes ( ETNs ), that provide exposure to MLPs. The Fund may also invest up to 20% of its Net Assets in non-energy infrastructure investments, including equity and fixed income securities of U.S. and non-U.S. companies. Such investments may include issuers in the upstream and downstream sectors of the energy value chain. Upstream energy companies are primarily engaged in the exploration, recovery, development and production of crude oil, natural gas and natural gas liquids. Downstream energy companies are primarily engaged in the refining and retail distribution of natural gas liquids and crude oil. The Fund s investments may be of any credit quality, duration or capitalization size. The Fund may also invest in derivatives, including options, futures, forwards, swaps, options on swaps, structured securities and other derivative instruments. While the Fund may invest in derivatives for hedging purposes, the Fund generally does not intend to hedge its exposures. The Fund s investments in derivatives, pooled investment vehicles, and other investments are counted towards the Fund s 80% policy to the extent they have economic characteristics similar to the investments included within that policy. The Fund may also invest in privately held companies and companies that only recently began to trade publicly. The Fund may invest in stock, warrants and other securities of special purpose acquisition companies ( SPACs ).

Net Asset Value

as of 6:04 PM ET 09/16/2021

Performance

  • 1 Week
  • +0.88%
  • 1 Month
  • +0.37%
  • 3 Months
  • -8.39%
  • 1 Yr Return
  • +46.61%
  • 5 Yr Return
  • +186.86%

Equity Sector Breakdown

Utilities 22.69%
IndustrialCyclical 16.89%
RetailTrade 12.02%
Energy 8.03%
Services 4.58%
Finance 1.40%
Health 0.83%
ConsumerDurables n/a
NonDurables n/a
Technology n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 93.69%
ForeignStocks 11.19%
Other 1.40%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 660.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -26.85 -24.64 n/a
Beta 1.75 1.70 n/a
R Squared 0.62 0.59 n/a
Std Deviation 41.36 33.35 n/a
Sharpe Ratio -0.01 0.01 n/a

Purchase Information

as of 6:23 PM ET 09/15/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +48.79%
  • +57.03%
+48.79% +57.03%
3 Year
  • -8.28%
  • -4.38%
-8.28% -4.38%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • -3.59%
  • -2.78%
-3.59% -2.78%

Top 10 Holdings

Symbol Company Name % Of Assets
MPLX MPLX LP 7.29%
EPD ENTERPRISE PRODS PARTNERS L P 7.24%
ET ENERGY TRANSFER LP 7.20%
MMP MAGELLAN MIDSTREAM PARTNERS 5.65%
TRGP TARGA RESOURCES CORPORATION 5.33%
WES WESTERN MIDSTREAM PARTNERS L 5.17%
PAA PLAINS ALL AMERN PIPELINE L P 5.13%
OKE ONEOK INC 4.64%
LNG CHENIERE ENERGY INC 4.58%
DCP DCP MIDSTREAM PARTNERS LP 4.58%

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