EIP Growth and Income Fund (NEW) (EIPIX)
Under normal market conditions, the fund pursues its objectives by investing primarily in a diversified portfolio of equity securities of issuers in the energy industry ("Energy Companies") that seek to pay out as dividends or distributions a portion of income or distributable cash flow in excess of the average for listed equities as a whole. It concentrates its investments in the Energy Industry and may invest without limit in Energy Companies of any market capitalization.
Fund Info
| ISIN | US2685292037 |
|---|---|
| Issuer | EIP Funds |
| Inception Date | Aug 21, 2006 |
| Category | Energy Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
EIPIX has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EIPIX vs. KYN
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in EIP Growth and Income Fund (NEW), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
EIP Growth and Income Fund (NEW) had a return of 9.01% year-to-date (YTD) and 16.83% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.01% | 7.50% |
| 1 month | -0.25% | -1.61% |
| 6 months | 10.42% | 17.65% |
| 1 year | 16.83% | 26.26% |
| 5 years (annualized) | 9.46% | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.26% | 2.49% | 6.86% | -0.19% | ||||||||
| 2023 | -0.75% | 4.40% | 0.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EIPIX is 69, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
EIP Growth and Income Fund (NEW)(EIPIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for EIP Growth and Income Fund (NEW) (EIPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
EIP Growth and Income Fund (NEW) granted a 3.55% dividend yield in the last twelve months. The annual payout for that period amounted to $0.58 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.58 | $0.62 | $3.71 | $0.55 | $0.54 | $0.54 | $0.46 | $0.27 | $0.12 |
Dividend yield | 3.55% | 4.09% | 25.10% | 3.44% | 4.02% | 3.44% | 3.45% | 1.77% | 0.78% |
Monthly Dividends
The table displays the monthly dividend distributions for EIP Growth and Income Fund (NEW). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $2.91 |
| 2021 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 |
| 2020 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.16 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.03 |
| 2016 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the EIP Growth and Income Fund (NEW). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the EIP Growth and Income Fund (NEW) was 43.98%, occurring on Mar 23, 2020. Recovery took 278 trading sessions.
The current EIP Growth and Income Fund (NEW) drawdown is 0.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.98% | Feb 21, 2020 | 22 | Mar 23, 2020 | 278 | Apr 29, 2021 | 300 |
| -18.53% | Feb 22, 2017 | 464 | Dec 24, 2018 | 70 | Apr 5, 2019 | 534 |
| -16.71% | Jun 8, 2022 | 8 | Jun 17, 2022 | 267 | Jul 13, 2023 | 275 |
| -9.47% | Apr 21, 2022 | 16 | May 12, 2022 | 16 | Jun 6, 2022 | 32 |
| -8.17% | Sep 15, 2023 | 14 | Oct 4, 2023 | 62 | Jan 3, 2024 | 76 |
Volatility
Volatility Chart
The current EIP Growth and Income Fund (NEW) volatility is 3.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.