CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Goldman Sachs MLP and Energy Renaissance Fund (GER)

Specialty Equity Funds - MLP Funds

Data as of Dec. 14, 2018
Current
Market Price $5.12 (- $0.04)
NAV (Dec. 14, 2018) $5.71 (- $0.13)
Premium / Discount -10.33% (+1.31%)
Fund Info
Inception Sept. 26, 2014
Sponsor Goldman Sachs Asset Management
Website https://assetmanagemen...
Phone
NAV Symbol XGERX
Objective: High level of total return with an emphasis on current distributions to shareholders through investing in energy MLPs.
Related Indexes
High Income Index
Equity Income Index
60/40 Balanced (w/ BDCs) Index
Master Limited Partnership (MLP) Fund Index
All Sector Equity CEF Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 79,474,880
Total Assets (Reported: May 31, 2018) $759M
Estimated Total Assets $666M
Net Assets $454M
Market Cap $407M
Purchases Turnover 30.76%
Sales Turnover 32.06%
Total Leverage 31.82%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.81%
Non Lev Exp Ratio 1.64%
Rel Lev Cost 2.55%
Discount Data
Average Discount (3 Yr) -3.59%
Discount Low(3 Yr) -12.29%
Discount High(3 Yr) 8.16%
Discount Rel Range 9.55%
Comp Discount 0.00
Discount St Dev (1Yr) 4.45
Z-Stat
Z-Stat (6mo) -1.32
Z-Stat (1Yr) -1.33
Z-Stat (3Yr) -1.80
Comp Z-Stat (6mo) 0.16
Comp Z-Stat (3Yr) -0.11
Distribution Data
Market Yield 12.50%
Income Yield 12.50%
Lev Adj NAV Yield 8.50%
Distribution Frequency Q
Current Distribution $0.160
Current Income $0.160
Ex-Date 11/20/18
Payable Date 11/29/18
Div Growth (3yr) -52.24%
Dividend Change -52.2% on 2/3/16
Expected Div 2/5/19
RoC (1yr) 0.00%
RoC (3yr) 48.44%
Tax Dividend Data 2017
Income 55.5%
ST Gains 0%
QDI 55.5%
LT Gains 0%
RoC 44.6%
Volume & Liquidity
Average Daily $ (M) $1,897
Avg Volume 30 day 587,867
Avg Volume 90 day 370,508
Volume Trend 58.67%
Comp Volume Trend 15.02%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
64.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
69.0%
Price Correlation (1yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index
93.0%
Most Correlated Peer (Mk Pr): GMZ 94.0%
NAV - Price Correlation (30 d) 93.2%
NAV - Price Correlation (90 d) 99.4%
NAV - Price Correlation (1 Yr) 85.2%
Price St Dev (1Yr) 28.1%
NAV St Dev (1Yr) 30.3%
Earnings
Earnings / Share (5/31/18) $-0.020
Earn Coverage 0.00%
Earnings Trend Up
UNII / Share (5/31/18) $-0.851
Rel UNII -132.95
UNII Trend Down
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
1.10
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
2.96
NAV Beta (2yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index
1.20

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

The following information applies to closed-end funds and business development companies 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 (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) 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 and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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