Understanding Goldman Sachs MLP and Energy Renaissance Fund

Goldman Sachs MLP and Energy Renaissance Fund is a type of investment vehicle that allows investors to tap into the energy sector with the potential for tax benefits.

The fund focuses on investing in master limited partnerships (MLPs) and other energy-related companies, which are often involved in the production, transportation, and storage of oil and natural gas.

One of the key benefits of this fund is that it offers a relatively stable source of income through the distribution of MLP cash flows.

The Goldman Sachs MLP and Energy Renaissance Fund is part of the Goldman Sachs Fund Complex. The fund's legal name is Goldman Sachs MLP and Energy Renaissance Fund.

Its shares are denominated in USD and it is domiciled in the US. The fund's inception date and shares outstanding are not publicly available.

The fund charges fees that are in line with its similarly distributed peers, priced within the middle quintile.

The Goldman Sachs MLP and Energy Renaissance Fund is a great option for investors looking for a high level of total return with an emphasis on current distributions to shareholders. It invests primarily in master limited partnerships (MLPs) and other energy investments.

The fund focuses on midstream MLP investments, which is a key part of its strategy. This is a good thing, as it aligns with market recovery and has led to strong cash flow generation.

Here are some key details about the fund's fees:

The fund's distribution schedule is as follows: ex-date on February 22, 2022, record date on February 23, 2022, and payable date on February 28, 2022. This is important to note, especially for investors who are looking to maximize their returns.

The top 10 holdings of the fund are a significant portion of its overall portfolio. Energy Transfer LP holds the largest percentage at 9.14%.

Energy Transfer LP is a major player in the energy industry, and its inclusion in the fund's top holdings suggests a strong focus on this sector. MPLX LP comes in second with 8.81%.

MPLX LP is another energy-related investment, indicating the fund's emphasis on the energy sector. Western Midstream Partners LP holds 8.47%.

The fund's holdings are dominated by energy-related investments, with Magellan Midstream Partners LP holding 7.63%. DCP Midstream LP holds 6.88%.

DCP Midstream LP is involved in the midstream segment of the energy industry, which includes pipelines and storage. Plains All American Pipeline LP holds 6.52%.

Plains All American Pipeline LP is also an energy-related investment, further emphasizing the fund's focus on this sector. Crestwood Equity Partners LP holds 6.31%.

Targa Resources Corp holds 6.27%, also in the energy sector. Enterprise Products Partners LP holds 6.08%.

The fund's top holdings are a mix of energy-related investments, with Williams Cos Inc/The holding 5.31%.

The Goldman Sachs MLP and Energy Renaissance Fund has delivered impressive investment performance. Its inception date was in 2011, a time when the energy and natural resources sector was poised for growth.

The fund has consistently outperformed its benchmark, the S&P 500 Energy Index, with a higher total return of 12.14% over the past 10 years. This is a testament to the fund's investment strategy and the expertise of its management team.

One of the key factors contributing to the fund's success is its focus on master limited partnerships (MLPs), which have historically provided stable cash flows and attractive yields. The fund's MLP holdings have generated significant income for investors.

The fund's energy sector expertise has also been a major driver of its success, with the ability to identify and invest in high-growth opportunities in the industry. The fund's energy sector holdings have outperformed the broader market in recent years.

The Goldman Sachs MLP and Energy Renaissance Fund has a strong track record of delivering returns to investors, with a net asset value (NAV) gain of 13.35% in 2020. This performance is a result of the fund's well-diversified portfolio and its ability to adapt to changing market conditions.