Goldman Sachs MLP Energy Infrastructure Fund
GLPIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Chicago DE 60606 Chicago DE United States of America 60606
- IPO Date
- Mar 28, 2013
- CIK
- 0000822977
- Website
- am.gs.com
- Similar Companies
- Business
- Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) is an open-end mutual fund managed by Goldman Sachs Asset Management that seeks total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in equity and fixed income securities issued by U.S. and non-U.S. energy infrastructure companies, with a primary focus on North American energy infrastructure assets such as pipelines, storage tanks, and processing plants that support daily energy needs. It gains exposure primarily through master limited partnerships (MLPs), as well as traditional C-corporations structured as energy infrastructure investments; top holdings as of late 2024 include Energy Transfer LP (12.40%), MPLX LP (11.55%), Enterprise Products Partners LP (10.26%), Plains All American Pipeline LP (10.10%), and NuStar Energy LP (8.53%), representing midstream energy assets concentrated in the energy sector. The fund provides investors with potential high relative yields supported by long-term, contracted cash flow streams and offers portfolio diversification benefits relative to traditional asset classes. Launched around 2013 as part of Goldman Sachs Trust and headquartered in New York alongside its parent Goldman Sachs Group Inc., the fund operates with multiple share classes including Investor (GLPIX), Institutional (GMLPX), R6 (GLPSX), and others, targeting institutional and retail investors seeking energy sector exposure. It maintains a portfolio of approximately 27-34 holdings, with a weighted average market cap of $31.55 billion, total net assets around $68-1,600 million depending on class aggregation, and a turnover rate of about 103%. Geographically, investments center on North American midstream energy infrastructure, with minor foreign stock exposure (around 3%). In recent developments, the related Goldman Sachs MLP & Energy Fund (including share classes like GLPAX) underwent a name change to Goldman Sachs Energy Infrastructure Fund effective after June 26, 2020, reflecting a strategic shift away from a strict MLP focus amid tax and regulatory changes in the MLP space. No major acquisitions, funding rounds, new product launches, or partnerships specific to GLPIX have been reported in the last 1-2 years as of December 2025; the fund continues to emphasize its core midstream MLP and energy infrastructure strategy with updated portfolio weights and performance metrics, including a 12-month distribution rate of 6.36% (Class I ex-cap gains) and net expense ratios around 2.19%. The fund remains subject to energy sector risks, MLP-related tax complexities, and mid/small-cap volatility.