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Goldman Sachs MLP Income Opportunities Fund
Ticker Symbol: GMZ* CUSIP: 38147W202 Previous CUSIP: 38147W103 Exchange: NYSE
* NOTE: This security is no longer trading as of 10/01/2020
Company's Online Profile
FUND DESCRIPTION: Goldman Sachs MLP Income Opportunities Fund is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Goldman Sachs MLP Income Opportunities Fund seeks a high level of total return with an emphasis on current distributions to shareholders. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing primarily in master limited partnerships (“MLPs). Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in MLP investments. Managed Assets means the total assets of the Fund (including any assets attributable to borrowings for investment purposes) minus the sum of the Fund’s accrued liabilities (other than liabilities representing borrowings for investment purposes). The Fund may invest up to 20% of its Managed Assets in non-MLP investments, including, without limitation, securities of corporations that operate in the energy sector or that hold energy assets. The Fund may also invest in securities and other instruments issued by income and royalty trusts and other issuers. The Fund currently expects to concentrate its investments in the energy sector, with an emphasis on midstream MLP investments, including companies that are engaged in the treatment, gathering, compression, processing, transportation, transmission, fractionation, storage and terminalling of natural gas, natural gas liquids, crude oil, refined products or coal. The Fund intends to use leverage to seek to achieve its investment objective. FUND MANAGEMENT: Goldman Sachs Asset Management, L.P serves as the investment adviser of the Fund.
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Notes: June 10, 2020 -- 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 Board of Trustees of each Fund (together, the “Board”) has approved an Agreement and Plan of Reorganization (the “Plan of Reorganization”) providing for the reorganization of GMZ with and into GER (the “Reorganization”), to be considered by shareholders of the Funds at a joint special meeting of shareholders expected to be held in the third quarter of 2020. April 01. 2020 -- -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 approved a 7-for-1 reverse share split for GMZ and a 9-for-1 reverse share split for GER, effective after the market closes on April 13, 2020. The Funds’ common shares will begin trading on a split-adjusted basis when the market opens on April 14, 2020.
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IPO - 11/26/2013 - 41.32 Million Shares @ $20.00/share.
Link to IPO Prospectus
Mid Cap Stock -
Market Value $920.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 200 West Street, New York, NY 10282 |
| Main Phone Number |
212-902-1000 |
| Fax Number |
Not Available |
| Investor Relations
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212-902-0300
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| Toll Free Phone Number |
855-807-2742 |
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