• EIP Growth and Income Fund

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EIP Growth and Income Fund

EIPIX

Summary

The fund seeks primarily a high level of total return and secondarily low volatility by investing in companies across any size in the United States.

The investment process is designed to highlight companies in the benchmark index that are engaged in the energy industry.

The investment team considers enterprises connected to the exploration, development, production, gathering, transportation, processing, storing, refining, distribution, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products, electricity, coal or renewable energy as related to the energy industry.

Next, the research team seeks to identify energy companies in non-cyclical segments of the energy industry that offer the potential for an attractive balance of income and growth.

The team focuses on consistent fee-for-service businesses, such as pipelines, storage facilities and terminals.

Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The manager limits the fund’s exposure to energy companies that derive a significant portion of their revenues from more cyclical businesses, such as energy exploration, development and production.

The fund invests in U.S. and Canadian energy companies, as well as may also invest in energy companies organized in other countries.

The fund may also invest in a portfolio of investment-grade corporate bonds and obligations of the U.S. government and its agencies.

Strategy Process Research Risk Philosophy

Price

Last Close

$15.97 ( +0.21 )

52 Week HL

$16.25 - $11.26

Net Assets

$139.76 M

Expense Ratio

2.03 %

Sector Allocation

Mar 31, 2021

Top 10 Holdings

Mar 31, 2021

Company Name

  • Magellan
  • Enterprise Products
  • NextEra Energy
  • TC Energy
  • NextEra Energy

Holding

  • 7.4
  • 6.7
  • 5.7
  • 4.4
  • 4.1

Company Name

  • Public Service
  • Sempra Energy
  • Plains GP
  • Williams Cos
  • Quanta Services
  • Total

Holding

  • 4.1
  • 3.6
  • 3.5
  • 3.4
  • 3.3
  • 46.2%

Manager

Name

James Murchie

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Fact Sheet

Annual Reports

Website

Link

Performance

YTD

18.6 %

3 Year

21.44%

5 Year

6.53%

Best

18.86%
2019

Worst

-13.83%
2020

Returns +
Quarterly

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 7.8% -30.7% 15.4% -11.3% 1.5% - - - - - -
Q2 7.3% 13.7% 1% 8.2% -2.3% -100% - - - - -
Q3 2.5% -4.3% 1.6% 2.2% 1% -100% - - - - -
Q4 - 14.2% 0.1% -9.7% -1.1% 0.4% - - - - -

Returns +
Monthly

J F M A M J J A S O N D
2021 1.6% -1.7% 7.9% 5.4% 1.6% 0.2% -1.2% 0.8% 2.8% - - -
2020 0.3% -8.1% -24.8% 16.5% 3.9% -6.1% 2.8% -0.3% -6.6% 4.2% 9.4% 0.2%

Returns +
Annual

    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    0%16%29%-6%19%8%-1%14%29%13%0%

Alpha

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
EIPIX 19%-14%19%-12%-1%------
S&P 500 -16%29%-6%19%8%-1%14%29%13%-
Alpha 19%-29%-10%-5%-20%------

EIPIX S&P 500

Chart +