Goldman Sachs MLP and Energy R:GER

    Manage Alerts


    As of 10/11/2019

    52 Wk Avg$5.29$5.78-8.25%
    52 Wk High$6.48$7.13-0.85%
    52 Wk Low$4.01$4.38-13.40%
    Regular Distribution TypeIncome Only
    Distribution Rate13.73%
    Distribution Amount$0.1600
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks a high level of total return with an emphasis on current distribution to shareholders.

    Capital Structure

    As of 10/11/2019

    Total Net Assets:$625.147M
    Total Common Assets:$385.147M
    Common Shares Outstanding:79,248,425

    As of 11/30/2017

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $240.000M
    Structural Leverage (USD): $240.000M
    Structural Leverage (%): 33.39%
    Effective Leverage (USD): $240.000M
    Effective Leverage (%): 33.39%
    Annual Expense Ratios

    As of 11/30/2018

      Per Common Share
    Management Fees1.44%
    Other Expenses:0.21%
    Baseline Expense: 1.65%
    Interest Expense:1.23%
    Total: 2.88%
    Fund Management

    Fund Sponsor
    Goldman Sachs Asset Management

    Portfolio Managers
    Matthew Cooper (26 Sep 2014) / Ganesh V. Jois (26 Sep 2014) / Kyri Loupis (26 Sep 2014)

    Category: US Equity-MLP
    Ticker: GER
    NAV Ticker: XGERX
    Average Daily Volume (shares): 336,000
    Average Daily Volume (USD): $1.760M
    Inception Date: 9/26/2014
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports


    As of 10/11/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Annualized Distribution Rate on NAV:
    As of 10/11/2019
    Total Return on NAV (12 months):
    As of 10/11/2019
    Total % Portfolio Effectively Leveraged:
    As of 10/11/2019

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/11/2019

    PeriodAvg Discount
    6 Month-7.59%
    1 Year-8.25%
    3 Year-5.14%
    5 Year-2.31%

    As of 10/14/2019

    3 Month0.60
    6 Month1.30
    1 Year1.90
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 10/11/2019
    Category: MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/11/2019
    Category: MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2019
    Annual Portfolio Turnover:
    As of 11/30/2018
    Asset Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2017 reported by Fund Sponsor

    General Equity 99.75%
    Debt - Pref Shrs 0.28%
    Investment Funds 0.00%
    Net Current Assets -0.03%
    Top Holdings

    As of 6/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Energy Transfer LP$79.92M10.08%
    Targa Resources Corp$67.03M8.45%
    MPLX LP Partnership Units$65.18M8.22%
    DCP Midstream Partners LP$61.32M7.73%
    Western Gas Equity Partners LP$46.43M5.85%
    EQT Midstream Partners LP$44.91M5.66%
    Susser Petroleum Partners LP$43.77M5.52%
    PBF Logistics LP$35.62M4.49%
    Antero Midstream GP LP$33.84M4.27%
    Crestwood Equity Partners LP$33.74M4.25%
    USA Compression Partners LP$33.29M4.20%
    Country Allocation

    As of 3/31/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 97.47%
    UK 1.03%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.