Miller/Howard High Income Equity Fund (HIE) Research
The Miller/Howard High Income Equity Fund, overseen by Miller Howard Investments, Inc., functions as a closed-end mutual fund focused on equity investments. It primarily directs its capital towards publicly traded companies within the United States. The fund's investment objective is to choose stocks from a wide range of industries, specifically seeking out businesses that demonstrate both strong growth prospects and generous dividend payouts. To construct its portfolio, the fund employs a meticulous bottom-up stock selection methodology, integrating both fundamental and technical analysis. This process involves a close examination of several factors, such as business structures, financial health, broader industry trends, the consistency of cash flow, the caliber of management, and any unique competitive advantages. This U.S.-domiciled fund commenced operations on November 24, 2014.
Market snapshot
- Symbol
- HIE
- Price
- $12.56
- Market cap
- $234.8M
- P/E ratio
- 117.88x
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Allspring C&B Mid Cap Value Fund (CBMSX)
- Goldman Sachs MLP and Energy Renaissance Fund (GER)
- Nuveen Credit Opportunities 2022 Target Term Fund (JCO)
- Pioneer Municipal High Income Fund, Inc. (MHI)
- Pioneer Municipal High Income Opportunities Fund, Inc. (MIO)
- Blackrock MuniYield California Fund, Inc. (MYC)
- Tortoise Midstream Energy Fund, Inc. (NTG)
- Pioneer High Income Fund, Inc. (PHT)
Recent insider activity
- Saba Capital Management, L.P. — J-Other (491300 shares) on 2024-03-28
- Saba Capital Management, L.P. — S-Sale (4076 shares) on 2024-02-13
- Saba Capital Management, L.P. — S-Sale (2874 shares) on 2024-01-25
- Saba Capital Management, L.P. — S-Sale (15688 shares) on 2024-01-26
- Saba Capital Management, L.P. — S-Sale (850 shares) on 2024-01-23
Open Miller/Howard High Income Equity Fund (HIE) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.