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Growth & Income Fund


The Growth & Income Fund is a collective trust fund established to receive, administer and invest gifts and bequests to the Diocese, parishes, missions and agencies of the Diocese or the assets of any fund established for the benefit of these institutions. Assets in the Fund are invested for the long-term in order to provide a stable source of dividend income to Fund investors and to grow the purchasing power of each investment.

The assets held in the Growth and Income Fund are managed and supervised by professional investment managers, under the fiduciary authority of The Trustees of the Diocese of Michigan, who are responsible for creating the Investment Policy Statement, monitoring performance, and setting the distribution rate.

Questions about the Growth and Income Fund can be directed to Mark Miliotto, canon for finance and cfo, at 313-833-4427 or

Quarter End Share Value