Goldmanchs MLP and Energy Renaissance Fund (Goldmanchs MLP and Energy Renaissance Fund) 5-Year Yield-on-Cost % : 5.33 (As of May. 25, 2024)

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What is Goldmanchs MLP and Energy Renaissance Fund 5-Year Yield-on-Cost %?

Goldmanchs MLP and Energy Renaissance Fund's yield on cost for the quarter that ended in Nov. 2022 was 5.33.

The historical rank and industry rank for Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

GER' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 5.33

GER's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 5.92 vs GER: 5.33

Competitive Comparison of Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Goldmanchs MLP and Energy Renaissance Fund's 5-Year Yield-on-Cost % falls into.

Goldmanchs MLP and Energy Renaissance Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Goldmanchs MLP and Energy Renaissance Fund is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Goldmanchs MLP and Energy Renaissance Fund (NYSE:GER) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Goldmanchs MLP and Energy Renaissance Fund 5-Year Yield-on-Cost % Related Terms

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Goldmanchs MLP and Energy Renaissance Fund (Goldmanchs MLP and Energy Renaissance Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Goldman Sachs MLP and Energy Renaissance Fund (NYSE:GER) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 West Street, New York, NY, USA, 10282

Website

http://www.gsamfunds.com

Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-ended management investment company. Its investment objective is to seek a high level of total return with an emphasis on current distributions to shareholders. It invests primarily in the master limited partnership (MLP) and other energy investments.

Executives

Linda Lang	director	C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Akif Irfan	other: Portfolio Manager	200 WEST STREET, NEW YORK NY 10282
Matthew Cooper	other: Portfolio Manager	200 WEST STREET, NEW YORK NY 10282
Kyri Loupis	other: Portfolio Manager	C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
John F Killian	director	140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Lawrence Hughes	director	ONE BOSTON PLACE, BOSTON MA 02108-4407
Steven D Krichmar	director	C/O PUTNAM LLC, ONE POST OFFICE SQUARE, BOSTON MA 02109
Cheryl K Beebe	director	CORN PRODUCTS INTERNATIONAL INC, 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Lawrence W Stranghoener	director	2035 KIMBERLY COURT, PLYMOUTH MN 55447
Ganesh Jois	other: Portfolio Manager	200 WEST STREET, NEW YORK NY 10282
Joseph F Dimaria	officer: Principal Accounting Officer	C/O BANK OF AMERICA INVESTMETN ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Ashok N Bakhru	director	C/O GOLDMAN SACHS HEDGE FUND STRATEGIES, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
Caroline Dorsa	director	BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142