Goldman Sachs MLP Income Opportunities Fund Announces Quarterly Distribution of $0.21 Per Share
Goldman Sachs MLP Income Opportunities Fund (the “Fund”) (NYSE:GMZ) is
pleased to announce its quarterly distribution of $0.21 per common
share, the same as the previous quarter. The distribution is payable on
the date noted below.
The distribution schedule is as follows:
|
|
Ex-Date:
|
|
|
|
|
November 18, 2016
|
Record Date:
|
|
|
|
|
November 22, 2016
|
Payable Date:
|
|
|
|
|
November 29, 2016
|
Amount:
|
|
|
|
|
$0.21 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 2017 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.
Goldman Sachs MLP Income Opportunities Fund
Goldman Sachs MLP Income Opportunities Fund is a non-diversified,
closed-end management investment company which began trading on the NYSE
on November 25, 2013. The Fund seeks a high level of total return with
an emphasis on current distributions to shareholders. The Fund invests
primarily in master limited partnership (“MLP”) investments, a
significant portion of which deliver midstream infrastructure to support
growing hydrocarbon extraction. These include investments in pipeline
operators, natural gas processors, natural gas liquids fractionators and
storage facilities. The Fund is managed by Goldman Sachs Asset
Management’s (GSAM’s) Energy & Infrastructure Team, which is among the
industry’s largest MLP investment groups.
About Goldman Sachs Asset Management, L.P.
GSAM is the asset management arm of The Goldman Sachs Group, Inc. (NYSE:
GS) and supervises $1.15 trillion as of September 30, 2016.1 GSAM
has been providing discretionary investment advisory services since 1988
and has investment professionals in all major financial centers around
the world. The company offers investment strategies across a broad range
of asset classes to institutional and individual clients globally.
Founded in 1869, Goldman Sachs is a leading global investment banking,
securities and investment management firm that provides a wide range of
financial services to a substantial and diversified client base that
includes corporations, financial institutions, governments and
high-net-worth individuals.
1Assets Under Supervision (AUS) includes assets under
management and other client assets for which Goldman Sachs does not have
full discretion.
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.
For additional information, please visit the Fund’s website at www.gsamfunds.com/cef.
Compliance Code: 69102 -OTU
Date of First Use: November 7, 2016
View source version on businesswire.com: http://www.businesswire.com/news/home/20161107005207/en/
Copyright Business Wire 2016
Source: Business Wire
(November 7, 2016 - 9:15 AM EST)
News by QuoteMedia
www.quotemedia.com