EIP Growth and Income Fund Investor Class (EIPFX)
EIP Growth and Income Fund Investor Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Westport, CT, US. The stock last traded at $18.97, down 0.37% on the session, giving a market capitalisation of $85.1M. Its beta of 0.32 implies it has historically moved less than the broad market.
The primary goal of this fund is to achieve a strong total return for shareholders, carefully balancing the generation of current income with opportunities for capital growth. A secondary objective is to maintain low investment volatility. Under typical market conditions, the fund accomplishes these aims by primarily allocating its assets to a diverse collection of stocks issued by companies in the energy sector. These energy companies are specifically selected because they tend to distribute a larger share of their income or available cash flow as dividends or other payouts compared to the broader equity market. The fund's portfolio is heavily focused on the energy industry, and it can invest in energy companies of any market capitalization without restriction.
EIP Growth and Income Fund Investor Class is most often compared with the following Financial Services names: