Miller/Howard High Income Equity Fund

HIE

Market cap $235M

Miller/Howard High Income Equity is scheduled to terminate on November 22, 2024, due to its expiring ten-year term. Shareholders will receive a final distribution equal to the net asset value on the termination date. HIE's portfolio consists of exchange-listed equity with ample liquidity, minimizing concerns about realized losses during liquidation.

Kingston, NY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declares a cash distribution of $0.051 per share for October 2024.

Kingston, NY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) announced today that, consistent with its organizational documents, the Fund plans to terminate on or about November 22, 2024, the last business date before the previously announced November 24, 2024 (“Termination Date”).

Miller/Howard High Income Equity fund is set to liquidate on November 24, 2024, barring an extension or attempt to switch to a perpetual fund. The HIE closed-end fund's discount has narrowed, as expected, heading nearer the anticipated termination date. That discount narrowing has meant that the opportunity here has narrowed as well, but those continuing to hold still have the opportunity to generate some attractive annualized alpha.

Kingston, NY, July 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declares cash distributions of $0.051 per share for each of July, August, and September 2024.

Kingston, NY, April 02, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declared, on April 1, 2024, cash distributions of $0.051 per share for each of April, May, and June 2024. Effective May 28, 2024, US markets are moving to T+1 settlement. As a result of this new trading policy, the ex-date for the June distribution has been revised as per below. The record date and the payable date remains the same.

Kingston, NY, April 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declares cash distributions of $0.051 per share for each of April, May, and June 2024.

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

The Miller/howard High Income Equity fund has seen substantial gains since its Buy rating in 2023, driven by a narrowing of its discount to NAV and underlying equities delta. The fund is set to terminate in 2024, with the potential for a 1-year extension if approved by the Board.

Kingston, NY, Jan. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE: HIE) (the “Fund”) declares cash distributions of $0.051 per share for each of January, February, and March 2024.