Miller/Howard High Income Equity Fund (HIE) Stock

About Miller/Howard High Income Equity Fund

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.

Miller/Howard High Income Equity Fund is headquartered in US.

Miller/Howard High Income Equity Fund (HIE) stock trades at $12.56 with a market capitalization of $234.76M. The stock is valued at a price-to-earnings (P/E) ratio of 114.18, price-to-book of 1.21, price-to-sales of 43.33. Over the past 52 weeks the stock has ranged between $12.56 and $12.56, and currently trades at its 52-week high. It pays a dividend yielding 4.87%.

On profitability, Miller/Howard High Income Equity Fund generates a return on equity (ROE) of 1.00%, return on capital employed of 1.58%, an operating margin of 63.12%, a net profit margin of 36.76%.

Official website: www.mhinvest.com/hie/index.html