EIP Growth and Income Fund (NEW) (EIPIX)
EIP Growth and Income Fund (NEW) operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Westport, CT, US. The stock last traded at $19.04, 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.
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.
EIP Growth and Income Fund (NEW) is most often compared with the following Financial Services names: