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 Oct. 18, 2019
Market Price $4.67 (+ $0.04)
NAV (Oct. 18, 2019) $4.83 (+ $0.03)
Premium / Discount -3.31% (+0.23%)
Fund Info
Inception Sept. 26, 2014
Sponsor Goldman Sachs Asset Management
Website https://assetmanagemen...
Objective: High level of total return with an emphasis on current distributions to shareholders through investing in energy MLPs.
Related Indexes
High Income Index
Master Limited Partnership (MLP) Fund Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 79,474,880
Total Assets (Reported: May 31, 2019) $694M
Estimated Total Assets $612M
Net Assets $384M
Market Cap $371M
Purchases Turnover 30.76%
Sales Turnover 32.06%
Total Leverage 37.26%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.06%
Non Lev Exp Ratio 1.75%
Rel Lev Cost 2.29%
Discount Data
Average Discount (3 Yr) -5.11%
Discount Low(3 Yr) -13.40%
Discount High(3 Yr) 5.18%
Discount Rel Range 54.32%
Comp Discount 4.71
Discount St Dev (1Yr) 2.24
Z-Stat (6mo) 1.49
Z-Stat (1Yr) 2.15
Z-Stat (3Yr) 0.46
Comp Z-Stat (6mo) 1.84
Comp Z-Stat (3Yr) 1.18
Distribution Data
Market Yield 13.70%
Income Yield 0.00%
Lev Adj NAV Yield 9.65%
Distribution Frequency Q
Current Distribution $0.160
Current Income $0.000
Ex-Date 8/20/19
Payable Date 8/28/19
Div Growth (3yr) 0.00%
Dividend Change -52.2% on 2/3/16
Expected Div 11/7/19
RoC (1yr) 83.04%
RoC (3yr) 59.16%
Tax Dividend Data 2018 2015 - 2018
Income 67.8% 41.1%
ST Gains 0% 0%
QDI 67.8% 27.4%
LT Gains 0% 0%
RoC 32.2% 58.9%
Volume & Liquidity
Average Daily $ (M) $1,513
Avg Volume 30 day 304,096
Avg Volume 90 day 323,976
Volume Trend -6.14%
Comp Volume Trend 2.65%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index
Most Correlated Peer (Mk Pr): NML 94.0%
NAV - Price Correlation (30 d) 98.2%
NAV - Price Correlation (90 d) 97.8%
NAV - Price Correlation (1 Yr) 97.4%
Price St Dev (1Yr) 30.8%
NAV St Dev (1Yr) 33.6%
Earnings / Share (5/31/19) $-0.025
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (5/31/19) $-1.184
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Master Limited Partnership (MLP) Fund Index


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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.

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