Goldman Sachs MLP and Energy Renaissance Fund (GER)
Goldman Sachs MLP and Energy Renaissance Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $15.67, down 0.32% on the session, giving a market capitalisation of $240.0M. On trailing twelve-month figures it carries a trailing P/E of 1.80, a net margin of 98.7%. Its beta of 0.00 implies it has historically moved less than the broad market.
Administered by Goldman Sachs Asset Management, L.P., the Goldman Sachs MLP and Energy Renaissance Fund operates as a closed-end equity mutual fund. This fund primarily targets public stock markets within the United States, seeking out companies active in the energy industry. Its investment focus largely centers on growth equities belonging to Master Limited Partnerships (MLPs) and other affiliated energy businesses. These investments span across all market capitalization ranges, though there is a particular emphasis on midstream MLP assets. Portfolio construction involves a diligent process of fundamental and quantitative analysis, coupled with a bottom-up methodology for selecting individual securities. The fund's returns are benchmarked against the Alerian MLP Index Total Return. Established on September 26, 2014, the fund is domiciled within the United States.
Goldman Sachs MLP and Energy Renaissance Fund is most often compared with the following Financial Services names: