This Undercovered MLP Fund Is Supported By Positive Secular Trends [Seeking Alpha]
Goldman Sachs MLP Energy Renaissance Fund (GER)
US:NYSE Investor Relations:
gsam.com/content/gsam/us/en/individual/products/cef-fund-finder/goldman-sachs-mlp-and-energy-renaissance-fund.html
Company Research
Source: Seeking Alpha
Summary A 14.00% dividend yield might not be sustainable in the long run. The fund has underperformed most of the other benchmark asset classes, including stocks, bonds or by a wide margin over the last several years. The key bullish catalyst is a positive market outlook for the U.S. crude oil production between 2020 and 2021. In times of continuous new record highs of the general U.S. equity indexes, it might be a wise thing to look into other asset classes as well. This time we will focus on Goldman Sachs MLP and Energy Renaissance Fund ( GER About the Fund The fund is primarily focused on midstream MLP and other energy investments, including fixed income securities. During normal market conditions, the fund will invest at least 80% of the total funds available in MLP or other energy assets. During the most recent quarter, the fund has reduced its exposure to upstream and downstream energy sectors and has now roughly 97% of managed assets invested into the midstream sector. In addi
Show less
Read more
Impact Snapshot
Event Time:
GER
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GER alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GER alerts
High impacting Goldman Sachs MLP Energy Renaissance Fund news events
Weekly update
A roundup of the hottest topics