Miller/Howard High Income Equity FundHIE
Market Cap: 216M
About: Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
2% more capital invested
Capital invested by funds: $96.9M [Q4 2023] → $99.3M (+$2.38M) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
1.34% less ownership
Funds ownership: 68.1% [Q4 2023] → 66.76% (-1.34%) [Q1 2024]
5% less funds holding
Funds holding: 38 [Q4 2023] → 36 (-2) [Q1 2024]
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Research analyst outlook
We haven’t received any recent analyst ratings for HIE.