Total Return Investing Seeking balance between current income and growth. View Our Funds Disciplined & Research Driven Decision-making for the long term. View our Team Specialized in Infrastructure Assets Including pipelines, power transmission, terminals and
storage facilities - seeking stable dividends and growth.
View Investment Philosophy
 . . . we believe that quality wins in the long run. – Jim Murchie

Since 2003, EIP has employed a time-tested growth and income investment approach focusing on high-payout equity securities in the energy infrastructure sector such as MLPs, Utilities and YieldCos. As of March 31, 2024, the Firm manages approximately $5.4 billion in investments and is one of the largest managers in the energy infrastructure space.


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EIP Growth and Income Fund rated four stars overall by Morningstar out of 99 Energy Limited Partnerships funds as of 3/31/2024. Based on a weighted average of the Fund’s 3-, 5- and 10-year returns.

Learn more about the Morningstar Rating


Finding companies with long-lived fixed assets providing essential services that have monopoly-like competitive advantages

Potential Inflation-Protection

Focused on businesses growing their earnings and dividends with inflation through regulated cost pass-through mechanisms

Non-Cyclical Focus

Seek to limit exposure to commodity prices and variable margin businesses

“There is a common misperception that the clean energy transition represents a threat to established energy infrastructure such as gas and power utilities.
This is wrong

Our portfolio companies run the legacy monopoly networks that will integrate these new energy technologies into a network of shared resources similar to trends in technology and retail delivery.

Growth opportunities for our portfolio companies will continue to come from capital investments designed to improve the cost, reliability, safety and environmental impact of the energy system just as they have since EIP began 18 years ago.”

– Jim Murchie, CEO, EIP

Portfolio Management

James J. Murchie

Co-Founder, Co-Portfolio Manager and CEO

Eva Pao

Principal, Co-Founder and Co-Portfolio Manager

John K. Tysseland

Principal and Co-Portfolio Manager

We invite you to take a deeper look at how to invest with us.

How to Invest

Morningstar Rating

© 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

With respect to the Energy Limited Partnerships funds, EIP Growth and Income Fund received a Morningstar Rating of 1 star for the three-year and 5 star for five- and ten- year periods, out of 99, 89 and 62 Energy Limited Partnership funds respectively, as of 3/31/2024.

Learn more about EIP Growth and Income Fund on the Morningstar website


EIP Growth and Income Fund Prospectus | EIP Investment Trust Statement of Additional Information