XGMZX: Goldman Sachs MLP Income Opps

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XGMZX Goldman Sachs MLP Income Opps


Profile

XGMZX - Profile

Vitals

  • YTD Return 102.6%
  • 3 Yr Annualized Return 11.9%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $77.2 M
  • Holdings in Top 10 68.2%

52 WEEK LOW AND HIGH

$13.25
$0.98
$14.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Closed-end mutual fund
  • Investment Style Energy Limited Partnership

Distributions

  • YTD Total Return 102.6%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -2.17%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Goldman Sachs MLP Income Opportunities Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Nov 26, 2013
  • Shares Outstanding
    6388560
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew Cooper

Fund Description

N/A


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Categories

Performance

XGMZX - Performance

Return Ranking - Trailing

Period XGMZX Return Category Return Low Category Return High Rank in Category (%)
YTD 102.6% -85.4% 115.1% 1.09%
1 Yr 87.9% -86.1% 100.6% 1.82%
3 Yr 11.9%* -53.4% 37.5% 5.69%
5 Yr -0.5%* -43.3% 32.0% 47.50%
10 Yr N/A* -11.6% 36.4% N/A

* Annualized

Return Ranking - Calendar

Period XGMZX Return Category Return Low Category Return High Rank in Category (%)
2019 -6.3% -24.2% 71.9% 92.37%
2018 -26.1% -35.0% 12.7% 89.64%
2017 -13.4% -25.3% 59.5% 81.59%
2016 24.0% -15.5% 42.5% 7.61%
2015 -51.6% -65.1% 11.8% 96.13%

Total Return Ranking - Trailing

Period XGMZX Return Category Return Low Category Return High Rank in Category (%)
YTD 102.6% -85.4% 115.1% 1.09%
1 Yr 87.9% -86.1% 100.6% 1.82%
3 Yr 11.9%* -53.4% 43.0% 6.64%
5 Yr -0.5%* -43.3% 35.1% 52.50%
10 Yr N/A* -6.4% 38.2% N/A

* Annualized

Total Return Ranking - Calendar

Period XGMZX Return Category Return Low Category Return High Rank in Category (%)
2019 -6.3% -22.9% 71.9% 92.37%
2018 -26.1% -31.5% 12.7% 93.24%
2017 -13.4% -25.3% 68.6% 93.03%
2016 24.0% -15.5% 42.5% 15.22%
2015 -51.6% -65.1% 11.8% 96.13%

NAV & Total Return History


Holdings

XGMZX - Holdings

Concentration Analysis

XGMZX Category Low Category High XGMZX % Rank
Net Assets 77.2 M 105 K 9.69 B 49.64%
Number of Holdings 22 5 1562 72.66%
Net Assets in Top 10 38 M -225 M 2.73 B 51.44%
Weighting of Top 10 68.20% 16.4% 238.7% 40.97%

Top 10 Holdings

  1. Magellan Midstream Partners LP 10.14%
  2. CrossAmerica Partners LP 8.67%
  3. Enterprise Products Partners LP 8.66%
  4. BP Midstream Partners LP 8.04%
  5. MPLX LP Partnership Units 7.67%
  6. Williams Companies Inc 5.68%
  7. Energy Transfer LP 5.42%
  8. Sprague Resources LP 4.68%
  9. PBF Logistics LP 4.65%
  10. TC Energy Corp 4.58%

Asset Allocation

Weighting Return Low Return High XGMZX % Rank
Stocks
98.07% 81.37% 325.56% 45.32%
Cash
1.93% -225.56% 20.91% 44.60%
Preferred Stocks
0.00% -0.29% 7.00% 32.01%
Other
0.00% -52.75% 85.39% 27.34%
Convertible Bonds
0.00% 0.00% 4.97% 29.86%
Bonds
0.00% -43.96% 56.94% 38.85%

Stock Sector Breakdown

Weighting Return Low Return High XGMZX % Rank
Energy
95.59% 0.00% 100.00% 17.72%
Utilities
3.33% 0.00% 48.22% 33.46%
Industrials
1.08% 0.00% 46.89% 71.26%
Technology
0.00% 0.00% 52.10% 73.23%
Real Estate
0.00% 0.00% 97.46% 68.90%
Healthcare
0.00% 0.00% 98.52% 74.80%
Financial Services
0.00% 0.00% 46.18% 71.65%
Communication Services
0.00% 0.00% 24.63% 71.26%
Consumer Defense
0.00% 0.00% 72.02% 71.65%
Consumer Cyclical
0.00% 0.00% 36.54% 72.05%
Basic Materials
0.00% 0.00% 16.01% 79.92%

Stock Geographic Breakdown

Weighting Return Low Return High XGMZX % Rank
US
89.83% 80.06% 325.56% 66.91%
Non US
8.24% -5.02% 39.88% 16.55%

Expenses

XGMZX - Expenses

Operational Fees

XGMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.54% 0.37% 37.17% 18.38%
Management Fee 1.25% 0.00% 2.64% 82.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

XGMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XGMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

XGMZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 5191.00% 60.08%

Distributions

XGMZX - Distributions

Dividend Yield Analysis

XGMZX Category Low Category High XGMZX % Rank
Dividend Yield 0.00% 0.00% 23.00% 33.09%

Dividend Distribution Analysis

XGMZX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

XGMZX Category Low Category High XGMZX % Rank
Net Income Ratio -2.17% -3.05% 6.50% 97.81%

Capital Gain Distribution Analysis

XGMZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

XGMZX - Fund Manager Analysis

Managers

Matthew Cooper


Start Date

Tenure

Tenure Rank

Nov 26, 2013

6.68

6.7%

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

Nov 26, 2013

6.68

6.7%

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.

Ganesh Jois


Start Date

Tenure

Tenure Rank

Nov 26, 2013

6.68

6.7%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 31.99 5.95 10.34