NOTICE TO GOLDMAN SACHS MLP INCOME OPPORTUNITIES FUND (GMZ) INVESTORS – KlaymanToskes commences investigation on behalf of GMZ Investors Who Sustained Losses in Excess of $100,000 as a Res...
GOLDMAN SACHS MLP INCOME OPPORTUNITY (GMZ)
US:NYSE Investor Relations:
gsam.com/content/gsam/us/en/individual/products/cef-fund-finder/goldman-sachs-mlp-income-opportunities-fund.html
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--KlaymanToskes ("KT"), http://www.klaymantoskes.com, announces an investigation on behalf of investors who sustained losses from the purchase of Goldman Sachs MLP Income Opportunities Fund (NYSE:GMZ) (“GMZ”) a Master Limited Partnership (“MLP”). GMZ closed at 5.51 on February 21, 2020, prior to the significant market event that was precipitated by COVID-19. Today, GMZ trades at 1.20, or more than 78% lower than its market value on February 21, 2020. This product may have been marketed and sold to customers who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks.MLPs are investment vehicles available only to the real estate and natural resource sectors. MLPs offer the tax advantages of partnerships with the advantage of being traded on the open market. Unfortunately, MLPs may become risky during times when certain sectors of the economy are hit hard
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