GER News and Press, Goldman Sachs MLP Energy Renaissance Fund From 02/16/22

Midstream/MLPs are well-positioned for the current inflationary environment, thanks to real asset and energy exposure. Additionally, midstream boasts contracts that are often indexed to inflation, and companies have historically been able to pass higher costs onto customers. For i...

The February MLP Monthly Report can be found here offering insights on MLP industry news, the asset class’s performance, yields, valuations, and fundamental drivers. Brent crude oil prices touched a seven-year high of $90 as tight supplies and escalating tensions between Russia...

Goldman Sachs MLP and Energy Renaissance Fund (NYSE:GER) declares $0.175/share quarterly dividend, 6.1% increase from prior dividend of $0.165. Forward yield 5.96% Payable Feb. 28; for shareholders of record Feb. 23; ex-div Feb. 22. See GER Dividend Scorecard, Yield Chart, & Dividend Grow...

Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”) (NYSE: GER) is announcing its quarterly distribution of $0.175 per common share. The distribution is payable on the date noted below. “Similar to our previous dividend increase, we believe this incre...

A recent survey of over 600 financial advisors shows MLPs are known for their income, but their tax advantages are not well-understood. Regarding the ongoing energy transition, survey results suggest that most advisors expect oil and gas infrastructure to continue operating for decade...

The recent rally in energy prices has improved investor sentiment for midstream assets, even though US oil production remains well below pre-pandemic levels. Natural gas is expected to be a major growth driver for the midstream sector in 2022, and the current supply shortfall makes th...

OPEC+ agreed to maintain their existing plan to raise oil output by 400,000 barrels per day in January. The U.S., along with India, China, Japan, South Korea, and the U.K., announced coordinated release of oil from reserves to counter accelerating inflation. Midstream MLPs, as mea...

Despite the significant pullback in oil prices lately and uncertainty posed by the Omicron variant, midstream performance has been largely resilient. Multiple factors arguably exacerbated the recent downward move in oil prices, and oil market fundamentals have likely changed less than...

Goldman Sachs Asset Management, investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (GER) and the funds within Goldman Sachs ETF Trust (collectively, the “Funds”) announced the results of the Funds’ Special Joint Meeting of Shareholders held tod...

A 6.53% distribution rate might not be sustainable over the short run. Market Price performance for this CEF has been devastated by the COVID-19 pandemic. We would prefer to see slightly higher exposure towards natural gas pipeline transportation instead of crude oil pipeline tran...