Goldman Sachs MLP and Energy Renaissance Fund (GER) Stock

About Goldman Sachs MLP and Energy Renaissance Fund

Administered by Goldman Sachs Asset Management, L.P., the Goldman Sachs MLP and Energy Renaissance Fund operates as a closed-end equity mutual fund. This fund primarily targets public stock markets within the United States, seeking out companies active in the energy industry. Its investment focus largely centers on growth equities belonging to Master Limited Partnerships (MLPs) and other affiliated energy businesses. These investments span across all market capitalization ranges, though there is a particular emphasis on midstream MLP assets. Portfolio construction involves a diligent process of fundamental and quantitative analysis, coupled with a bottom-up methodology for selecting individual securities. The fund's returns are benchmarked against the Alerian MLP Index Total Return. Established on September 26, 2014, the fund is domiciled within the United States.

Goldman Sachs MLP and Energy Renaissance Fund is headquartered in US.

Goldman Sachs MLP and Energy Renaissance Fund (GER) stock trades at $15.67 with a market capitalization of $239.99M. The stock is valued at a price-to-earnings (P/E) ratio of 1.80, price-to-book of 0.53, price-to-sales of 3.10. Over the past 52 weeks the stock has ranged between $12.06 and $16.08, and currently trades 2.5% below its 52-week high. It pays a dividend yielding 5.33%.

On profitability, Goldman Sachs MLP and Energy Renaissance Fund generates a return on equity (ROE) of 33.08% — well above the market average, a sign of a high-quality business, return on capital employed of 26.92%, an operating margin of 99.60%, a net profit margin of 98.74%.

Official website: assetmanagement.gs.com/content/gsam/us/en/advisors/fund-center/products/cefs/mlp-and-energy-renaissance-fund.html