EIP Growth and Income Fund (NEW)

Frequently Asked Questions About EIPIX

What does EIPIX invest in?

Under typical market conditions, the EIP Growth and Income Fund (NEW) aims to achieve its objectives primarily by allocating capital to a diverse collection of stocks issued by companies within the energy sector. These targeted "Energy Companies" are chosen for their commitment to returning a notable share of their earnings or available cash flow to shareholders through dividends or distributions, specifically at a rate higher than the average for public equities generally. The fund's investment strategy is characterized by a focused allocation entirely within the Energy Industry, and it has the latitude to invest in energy businesses of any size, without market capitalization constraints.

What is the expense ratio of EIPIX?

EIP Growth and Income Fund (NEW) (EIPIX) charges an expense ratio of 1.26%. This is the annual fee deducted from fund assets to cover management and operations.

What is EIPIX's dividend yield?

EIPIX's trailing-twelve-month yield is 13.09%, calculated from the sum of dividends over the past year divided by the current price.

How big is EIPIX?

EIP Growth and Income Fund (NEW) (EIPIX) manages $89.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EIPIX actively managed or an index fund?

EIPIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was EIPIX launched?

EIP Growth and Income Fund (NEW) (EIPIX) launched in October 2016 and is managed by the fund issuer.