GMZ News and Press, Goldman Sachs MLP Income Opportunities Fund From 04/13/20

Goldman Sachs Asset Management (“GSAM”), investment adviser for the Goldman Sachs MLP Income Opportunities Fund (GMZ) and Goldman Sachs MLP and Energy Renaissance Fund (GER) (together, the “Funds”), announced today that GMZ effected a 7-for-1 reverse share split an...

Author's note : This article was released to CEF/ETF Income Laboratory members on March 30, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements...

March was a historically tough month for midstream given the start of an oil price war and continued coronavirus uncertainty that together have lowered equity valuations in the space. While uncertainty remains, investors may be seeking further clarity on midstream investment considerations, in...

MLPs cannot get a bid. Since I warned to avoid these assets on March 20, they've slid further even as the broader market has recovered - as evidenced by the Alerian MLP ETF ( AMLP ): (A similar decline is found in other MLP funds - this is not unique to Alerian). While energy bulls can hol...

Originally published on 04/03/20 Given the staggering 58.5% year-to-date drop in oil prices to $25.32 per barrel (bbl) as of yesterday, investors have begun to compare the current energy environment to the downturn from 2014 to 2016. For context, additional supply from OPEC drove WTI crude...

In recent weeks, we have discussed the stability of MLP/midstream cash flows at length by highlighting their underlying fee-based contracts with built-in protections ( read more ). Protections for the pipeline provider include minimum volume commitments (MVCs), which are intended precisely for...

Author's note : This article was released to members on March 24, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund se...

Storage tends to be a ho-hum business, until it isn’t. With oil demand diving, plentiful production, and the oil futures curve in steep contango, storage has become a hot topic. Of course, many midstream companies own and operate storage capacity. Today, we will briefly discuss the impl...

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...

Goldman Sachs Asset Management (“GSAM”), investment adviser for the Goldman Sachs MLP Income Opportunities Fund (GMZ) and Goldman Sachs MLP and Energy Renaissance Fund (GER) (together, the “Funds”), announced today that the Funds’ Board of Trustees has appro...