Filed Pursuant to Rule 497
                                          Registration Statement No. 333-154254

PROSPECTUS SUPPLEMENT
(To prospectus supplement dated May 19, 2009 and prospectus dated May 8, 2009)



                          ENERGY INCOME AND GROWTH FUND

                          UP TO 1,000,000 COMMON SHARES

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         Energy Income and Growth Fund (the "Fund") entered into a sales
agreement dated as of May 19, 2009 with JonesTrading Institutional Services LLC
(the "Agent") relating to the Fund's common shares of beneficial interest, par
value $0.01 per share (the "Common Shares"). During the period from May 19, 2009
through July 15, 2009, the Fund sold 56,758 Common Shares pursuant to the sales
agreement.

                                          May 19, 2009 - July 15, 2009
                                       ----------------------------------
Gross Proceeds to Fund                               $1,149,032
Commission to Agent                                     (11,493)
Net Proceeds to Fund                                 $1,137,509
                                       ==================================


         The Common Shares trade on the NYSE Amex under the symbol "FEN." The
last reported sale price, net asset value per share and percentage premium to
net asset value per share of the Common Shares as of July 29, 2009 were $21.15,
$18.19 and 16.27%, respectively.

         This prospectus supplement should be read in conjunction with, and may
not be delivered or utilized without, the prospectus, dated May 8, 2009 and the
prospectus supplement, dated May 19, 2009.


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     Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or passed upon the
adequacy or accuracy of this prospectus supplement or the accompanying
prospectus supplement and prospectus. Any representation to the contrary is a
criminal offense.

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            The date of this prospectus supplement is July 30, 2009.