Goldman Sachs Energy Infrastructure Fund
Name
As of 04/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.8%
1 yr return
27.1%
3 Yr Avg Return
19.6%
5 Yr Avg Return
10.5%
Net Assets
$336 M
Holdings in Top 10
61.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.28%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 58.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GLECX - Profile
Distributions
- YTD Total Return 12.8%
- 3 Yr Annualized Total Return 19.6%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.16%
- Dividend Yield 3.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGoldman Sachs Energy Infrastructure Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateSep 29, 2017
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGanesh Jois
Fund Description
GLECX - Performance
Return Ranking - Trailing
Period | GLECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.8% | 1.5% | 20.2% | 68.27% |
1 Yr | 27.1% | 4.4% | 40.3% | 64.42% |
3 Yr | 19.6%* | 4.3% | 34.5% | 68.00% |
5 Yr | 10.5%* | -7.8% | 33.5% | 41.57% |
10 Yr | N/A* | -6.3% | 11.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | GLECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -14.9% | 18.2% | 78.30% |
2022 | 13.7% | -7.0% | 29.9% | 57.28% |
2021 | 27.0% | 4.2% | 55.3% | 75.73% |
2020 | -20.6% | -57.4% | 155.1% | 13.73% |
2019 | 11.3% | -8.9% | 18.9% | 18.68% |
Total Return Ranking - Trailing
Period | GLECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.8% | 1.5% | 20.2% | 68.27% |
1 Yr | 27.1% | 4.4% | 40.3% | 64.42% |
3 Yr | 19.6%* | 4.3% | 34.5% | 68.00% |
5 Yr | 10.5%* | -7.8% | 33.5% | 41.57% |
10 Yr | N/A* | -6.3% | 11.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GLECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.9% | -9.3% | 25.5% | 65.09% |
2022 | 19.9% | -1.2% | 38.8% | 71.84% |
2021 | 36.9% | 11.1% | 56.2% | 78.64% |
2020 | -18.2% | -53.9% | 155.1% | 23.53% |
2019 | 13.6% | -3.4% | 22.4% | 42.86% |
NAV & Total Return History
GLECX - Holdings
Concentration Analysis
GLECX | Category Low | Category High | GLECX % Rank | |
---|---|---|---|---|
Net Assets | 336 M | 22 M | 53.1 B | 56.52% |
Number of Holdings | 35 | 16 | 175 | 40.37% |
Net Assets in Top 10 | 206 M | 19.6 M | 3.37 B | 65.14% |
Weighting of Top 10 | 61.88% | 40.8% | 114.0% | 66.97% |
Top 10 Holdings
- Enbridge Inc 7.95%
- Energy Transfer LP 7.63%
- Targa Resources Corp 7.33%
- Cheniere Energy Inc 6.77%
- Plains GP Holdings LP 6.41%
- Enterprise Products Partners LP 6.10%
- DT Midstream Inc 5.35%
- Equitrans Midstream Corp 4.80%
- MPLX LP 4.80%
- ONEOK Inc 4.75%
Asset Allocation
Weighting | Return Low | Return High | GLECX % Rank | |
---|---|---|---|---|
Stocks | 99.53% | 53.33% | 133.88% | 49.54% |
Cash | 0.47% | -58.21% | 13.58% | 67.89% |
Preferred Stocks | 0.00% | 0.00% | 2.34% | 69.72% |
Other | 0.00% | -36.30% | 4.52% | 49.54% |
Convertible Bonds | 0.00% | 0.00% | 5.29% | 62.39% |
Bonds | 0.00% | -0.01% | 44.12% | 59.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GLECX % Rank | |
---|---|---|---|---|
Energy | 97.51% | 53.73% | 100.00% | 29.36% |
Utilities | 2.44% | 0.00% | 41.78% | 56.88% |
Technology | 0.05% | 0.00% | 2.43% | 25.69% |
Real Estate | 0.00% | 0.00% | 3.96% | 62.39% |
Industrials | 0.00% | 0.00% | 4.54% | 74.31% |
Healthcare | 0.00% | 0.00% | 0.00% | 62.39% |
Financial Services | 0.00% | 0.00% | 0.66% | 64.22% |
Communication Services | 0.00% | 0.00% | 0.00% | 62.39% |
Consumer Defense | 0.00% | 0.00% | 0.82% | 62.39% |
Consumer Cyclical | 0.00% | 0.00% | 13.46% | 66.97% |
Basic Materials | 0.00% | 0.00% | 6.40% | 82.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GLECX % Rank | |
---|---|---|---|---|
US | 77.07% | 48.92% | 133.30% | 88.07% |
Non US | 22.47% | 0.00% | 26.09% | 7.34% |
GLECX - Expenses
Operational Fees
GLECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.28% | 0.35% | 8.81% | 44.44% |
Management Fee | 1.00% | 0.35% | 1.38% | 61.74% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 72.41% |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
GLECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 1.00% | 58.82% |
Trading Fees
GLECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GLECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 58.00% | 6.00% | 166.00% | 72.82% |
GLECX - Distributions
Dividend Yield Analysis
GLECX | Category Low | Category High | GLECX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.01% | 0.00% | 14.95% | 12.17% |
Dividend Distribution Analysis
GLECX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
GLECX | Category Low | Category High | GLECX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.16% | -6.38% | 9.57% | 49.07% |
Capital Gain Distribution Analysis
GLECX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.670 | OrdinaryDividend |
Nov 30, 2023 | $0.187 | OrdinaryDividend |
Jun 30, 2023 | $0.164 | OrdinaryDividend |
Nov 30, 2022 | $0.146 | OrdinaryDividend |
Jun 30, 2022 | $0.130 | OrdinaryDividend |
Nov 30, 2021 | $0.168 | OrdinaryDividend |
Jun 30, 2021 | $0.146 | OrdinaryDividend |
Dec 31, 2020 | $0.004 | OrdinaryDividend |
Nov 30, 2020 | $0.038 | OrdinaryDividend |
Jun 30, 2020 | $0.024 | OrdinaryDividend |
Dec 13, 2019 | $0.050 | OrdinaryDividend |
Nov 29, 2019 | $0.126 | OrdinaryDividend |
Nov 30, 2018 | $0.067 | OrdinaryDividend |
Jun 29, 2018 | $0.128 | OrdinaryDividend |
Nov 30, 2017 | $0.054 | OrdinaryDividend |
GLECX - Fund Manager Analysis
Managers
Ganesh Jois
Start Date
Tenure
Tenure Rank
Sep 13, 2017
4.72
4.7%
Mr. Jois joined Goldman Sachs Asset Management, L.P. in 2009 and is a portfolio manager for the Energy & Infrastructure Team. Prior to joining the Goldman Sachs, he was an associate at Citigroup Investment Research covering MLPs, where he helped initiate coverage on several MLPs and had coverage responsibility for nearly 20 MLPs.
Matthew Cooper
Start Date
Tenure
Tenure Rank
Sep 13, 2017
4.72
4.7%
Mr. Cooper joined Goldman Sachs Asset Management, L.P. in 2013 and is a portfolio manager for the Energy & Infrastructure Team. Prior to joining the Goldman Sachs , he worked in the Commodities Origination and Structuring group at Merrill Lynch beginning in 2011. Between 2007 and 2009 he worked as a research analyst in the Private Equity Group at Lehman Brothers covering the energy sector. Prior to that he worked as an Investment Banker in the Energy and Power Group at Merrill Lynch & Co.
Kyri Loupis
Start Date
Tenure
Tenure Rank
Sep 13, 2017
4.72
4.7%
Mr. Loupis joined Goldman Sachs Asset Management, L.P in 2009 and is a portfolio manager and head of the Energy & Infrastructure team. Prior to joining the Goldman Sachs he spent over eight years at Lehman Brothers covering the energy sector, from 2000-2006 in the Investment Banking Division, and from 2006-2009 in the Private Equity group, where he co-founded an energy investment fund with a focus in MLPs.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 15.78 | 7.75 | 12.18 |