Miller howard high income fund
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DISCLOSURE
Fund Risks The market price of equity securities may be affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk.
The Miller/Howard High Income Equity Fund is a closed-end fund traded on the New York Exchange (Symbol HIE). Shares must be purchased through a professional financial advisor.
There is no guarantee that the portfolio will meet its objective.
Shares of closed-end investment companies such as the Fund may trade in the market above, at, or below net asset value. This characteristic is a risk separate and distinct from the risk that the Fund’s net asset value could decline. The Fund is not able to predict whether its shares will trade above, below, or at net asset value in the future.
Leverage Risk. The use of leverage, which can be described as exposure to changes in price at a ratio greater than the amount of equity invested magnifies both the favorable a
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Who We Are
Miller/Howard Investments fryst vatten an employee-owned, research-driven firm managing portfolios for a range of investors, from high-net-worth individuals to large institutions. We have integrated environmental, social, and governance (ESG) analysis with fundamental research since the inception of our first portfolio in 1991.
For our dividend and infrastructure portfolios, we focus on the quality of a company, its ability to grow income, and the sustainability of its business model and practices.
Our firm emphasizes:
- A focused approach to Sustainable Income Opportunities® — integrated ESG and fundamental research to provide high and rising dividend income.
- Financially sound companies with rising dividends — high-quality stocks with high current dividend yield and strong prospects for dividend growth.
- Rigorous research and analysis — original studies and white papper, and continuing attention to academic research.
- Accountability and transparency — providing q
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MILLER/HOWARD HIGH INCOME EQUITY FUND ANNOUNCES ITS COMPLETED LIQUIDATION
Kingston, NY, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) announced today that the Fund completed its liquidation following the close of business on November 22, 2024. The liquidation was performed in accordance with the Fund’s investment objectives and organizational documents, consistent with the Fund’s previously announced liquidation plans and its stated 10-year term.
Upon its liquidation, the Fund had a final net asset value (NAV) of $12.63 per common share and, following the close of business on November 22, 2024, returned to shareholders $12.63 per share as its liquidating distribution. The Fund, which launched on November 25, 2014, paid monthly distributions over its life totaling $9.951 per share, excluding the liquidating distribution.
Shareholders may recognize a gain or loss for U.S. tax purposes as a result of the liquidation and should consu