WOODSTOCK, N.Y.--(BUSINESS WIRE)--The Board of Trustees of the Miller/Howard High Income Equity Fund (NYSE:HIE) (the “Fund”) approved the payment of its first distributions since the launch of the Fund on the New York Stock Exchange on November 25, 2014. The Board of Trustees declared cash distributions of $0.116 per share for each of January, February, and March 2015.
|December 29, 2014||January 20, 2015||January 22, 2015||January 30, 2015|
|December 29, 2014||February 17, 2015||February 19, 2015||February 27, 2015|
|December 29, 2014||March 19, 2015||March 23, 2015||March 31, 2015|
Each quarter, the Board of Trustees reviews the amount of any potential distribution to shareholders. The Board of Trustees will monitor the Fund’s distribution level. The Fund’s distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in the Fund’s distribution rate at a future time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
The Fund is managed by Miller/Howard Investments, Inc. based in Woodstock, NY. As of September 30, 2014 Miller/Howard Investments managed $8.5 billion in assets. Miller/Howard Investments focuses on income-producing equities. The emphasis is on high-quality stocks with high yield and strong dividend growth offering investors the opportunity for capital appreciation, current income, and growth of income. The firm has managed portfolios for major institutions and individuals for over two decades.
CUSIP – 600379 101