Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.175 Per Share
12 Agosto 2022 - 10:00AM
Business Wire
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.
The distribution schedule is as follows:
Ex-Date:
August 22, 2022
Record Date:
August 23, 2022
Payable Date:
August 31, 2022
Amount:
$0.175 per share
It is currently anticipated that a portion of this distribution
will be treated for tax purposes as a return of capital, however,
the final characterization of such distribution will be made in
early 2023 when the Fund can determine its earnings and profits for
the full year. The final tax status of the distribution may differ
substantially from this preliminary information.
In addition, portfolio holdings as of June 30, 2022, as well as
additional information regarding the Fund, can be accessed through
the Goldman Sachs Asset Management Closed-End Fund landing page at
www.GSAMFUNDS.com/cef.
Goldman Sachs MLP and Energy Renaissance Fund
Goldman Sachs MLP and Energy Renaissance Fund is a
non-diversified, closed-end management investment company managed
by Goldman Sachs Asset Management’s Energy & Infrastructure
Team, which is among the industry’s largest MLP investment
groups.
The Fund began trading on the NYSE on September 26, 2014. The
reorganization of the Goldman Sachs MLP Income Opportunities Fund
with and into the Fund was completed on September 28, 2020. The
investment objective, strategies and restrictions of the Fund
remain unchanged. The Fund seeks a high level of total return with
an emphasis on current distributions to shareholders. The Fund
invests primarily in master limited partnerships (“MLPs”) and other
energy investments. The Fund currently expects to concentrate its
investments in the energy sector, with an emphasis on midstream MLP
investments. The Fund invests across the energy value chain,
including upstream, midstream and downstream investments.
About Goldman Sachs Asset Management, L.P.
Bringing together traditional and alternative investments,
Goldman Sachs Asset Management provides clients around the world
with a dedicated partnership and focus on long-term performance. As
the primary investing area within Goldman Sachs (NYSE: GS), we
deliver investment and advisory services for the world’s leading
institutions, financial advisors and individuals, drawing from our
deeply connected global network and tailored expert insights,
across every region and market – overseeing $2.27 trillion in
assets under supervision worldwide as of June 30, 20221. Driven by
a passion for our clients’ performance, we seek to build long-term
relationships based on conviction, sustainable outcomes, and shared
success over time. Follow us on LinkedIn.
Disclosures
Shares of closed-end investment companies frequently trade at a
discount from their net asset value (“NAV”), which may increase
investors’ risk of loss. At the time of sale, an investor’s shares
may have a market price that is above or below NAV, and may be
worth more or less than the original investment. There is no
assurance that the Fund will meet its investment objective. Past
performance does not guarantee future results. Investments in
securities of MLPs involve risks that differ from investments in
common stock, including among others risks related to limited
control and limited rights to vote on matters affecting MLPs,
potential conflicts of interest risk, cash flow risks, dilution
risks and trading risks.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any security. The Fund has
completed its initial public offering. Investors should consider
their investment goals, time horizons and risk tolerance before
investing in the Fund. An investment in the Fund is not appropriate
for all investors, and the Fund is not intended to be a complete
investment program. Investors should carefully review and consider
the Fund’s investment objective, risks, charges and expenses before
investing.
1Assets Under Supervision (AUS) includes assets under management
and other client assets for which Goldman Sachs does not have full
discretion. AUS figure as of June 30, 2022.
Compliance Code: 287520-OTU
Date of First Use: August 12, 2022
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Media Contact: Avery Reed Tel: 212-357-0125 Investor Contact:
Charles Sturges Tel: 212-902-7996
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