Goldman Sachs MLP Energy Infrastructure Fund Class A (GLPAX)
| Fund Assets | 1.62B |
| Expense Ratio | 6.99% |
| Min. Investment | $1,000 |
| Turnover | 103.00% |
| Dividend (ttm) | 2.51 |
| Dividend Yield | 6.56% |
| Dividend Growth | 7.34% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | May 29, 2025 |
| Previous Close | 36.07 |
| YTD Return | 0.06% |
| 1-Year Return | 7.82% |
| 5-Year Return | 202.85% |
| 52-Week Low | 33.08 |
| 52-Week High | 39.41 |
| Beta (5Y) | n/a |
| Holdings | 30 |
| Inception Date | Mar 28, 2013 |
About GLPAX
Goldman Sachs MLP Energy Infrastructure Fund Class A is a mutual fund focused on investments in the energy infrastructure sector, particularly in master limited partnerships (MLPs) and related companies. The fund seeks to deliver total return through a combination of current income and capital appreciation. Its investment approach mandates that at least 80% of net assets, plus any borrowings, are allocated to U.S. and non-U.S. equity or fixed income securities issued by energy infrastructure companies. A significant portion of the portfolio—at least 25% of total assets—is dedicated to MLPs, which are typically involved in the transportation, storage, and processing of oil, natural gas, and other energy sources. The fund also selectively incorporates investments in related alternative energy infrastructure and may hold securities structured as limited partnerships, C corporations, or similar vehicles. By concentrating on the energy sector, Goldman Sachs MLP Energy Infrastructure Fund Class A plays a specialized role in providing access to midstream energy companies, offering exposure to segments central to the movement and management of energy resources within global markets.
Performance
GLPAX had a total return of 7.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.36%.
Top 10 Holdings
75.34% of assets| Name | Symbol | Weight |
|---|---|---|
| MPLX LP | MPLX | 12.26% |
| Energy Transfer LP | ET | 12.09% |
| Enterprise Products Partners L.P. | EPD | 10.40% |
| Plains All American Pipeline, L.P. | PAA | 8.53% |
| Sunoco LP | SUN | 8.43% |
| Western Midstream Partners, LP | WES | 7.49% |
| Hess Midstream LP | HESM | 6.43% |
| DT Midstream, Inc. | DTM | 3.39% |
| The Williams Companies, Inc. | WMB | 3.28% |
| Cheniere Energy, Inc. | LNG | 3.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2025 | $0.6379 | May 30, 2025 |
| Feb 27, 2025 | $0.6353 | Feb 28, 2025 |
| Nov 27, 2024 | $0.6236 | Nov 29, 2024 |
| Aug 29, 2024 | $0.610 | Aug 30, 2024 |
| May 30, 2024 | $0.6433 | May 31, 2024 |
| Feb 28, 2024 | $0.617 | Feb 29, 2024 |