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, EIPIX vs. SDOG
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 30.03% year-to-date (YTD) and 35.51% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 30.03% | 25.82% |
| 1 month | 3.99% | 3.20% |
| 6 months | 16.42% | 14.94% |
| 1 year | 35.51% | 35.92% |
| 5 years (annualized) | 13.24% | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of EIPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.26% | 2.49% | 6.86% | -0.19% | 4.16% | -0.49% | 4.60% | 3.07% | 1.46% | 1.23% | 30.03% | ||
| 2023 | 3.25% | -2.69% | -0.04% | 1.84% | -4.22% | 4.19% | 4.00% | -1.24% | -2.29% | -0.75% | 4.40% | 0.10% | 6.25% |
| 2022 | 3.97% | 2.91% | 7.02% | -4.04% | 6.64% | -9.71% | 8.28% | 0.45% | -9.20% | 10.48% | 4.69% | -3.85% | 16.19% |
| 2021 | 1.63% | -1.67% | 9.07% | 5.42% | 1.56% | 0.99% | -1.15% | 0.84% | -2.84% | 6.80% | -4.37% | 4.50% | 21.80% |
| 2020 | 0.32% | -8.07% | -23.81% | 16.54% | 4.34% | -5.41% | 2.83% | -0.32% | -5.65% | 4.22% | 9.40% | 1.15% | -9.85% |
| 2019 | 9.62% | 1.80% | 4.25% | 0.07% | -1.31% | 3.67% | -0.52% | 0.91% | 1.93% | -2.94% | -1.31% | 5.44% | 23.09% |
| 2018 | 0.78% | -8.29% | -4.01% | 4.11% | 1.13% | 1.81% | 3.45% | -0.13% | -1.60% | -4.24% | 2.43% | -6.86% | -11.68% |
| 2017 | 1.01% | 0.63% | -0.18% | 0.31% | -2.43% | -0.15% | 3.41% | -2.87% | 0.52% | -1.86% | -0.52% | 1.62% | -0.68% |
| 2016 | -0.25% | -0.70% | 2.22% | 1.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EIPIX is 88, placing it in the top 12% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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) provided a 3.31% dividend yield over the last twelve months, with an annual payout of $0.63 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.62 | $0.96 | $0.55 | $0.54 | $0.54 | $0.46 | $0.27 | $0.12 |
Dividend yield | 3.31% | 4.09% | 6.51% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.48 | |
| 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 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.16 | $0.96 |
| 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 | $0.55 |
| 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 | $0.54 |
| 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 | $0.54 |
| 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 | $0.46 |
| 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 | $0.27 |
| 2016 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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.
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 3.72%, 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.