HIE: Sky-High Expenses For Just Dividend Stocks [Seeking Alpha]
Miller/Howard High Income Equity Fund Common Shares of Beneficial Interest (HIE)
US:NYSE Investor Relations:
mhinvest.com/hie
Company Research
Source: Seeking Alpha
HIE: Sky-High Expenses For Just Dividend Stocks The Miller/Howard High Income Equity Fund ( HIE closed end fund Fund Investors Haven’t Been Rewarded Since inception the fund has underperformed the S&P 500 substantially despite being composed primarily of US equities. (Graphic: Morningstar.com) The fund does pay distributions of around 13% to 13.5% (depending on whether you use the NAV or market price when calculating the rate) however, Morningstar’s performance information for the fund is labeled as showing total returns, which should include those distributions. Given that the stock market has gone up since the fund’s inception, it’s pretty inexcusable that the fund has underperformed given it is leveraged. One would expect returns to exceed the market or at least some other relevant benchmark. Here are the fund’s returns compared to two cheaper dividend-focused funds: the Vanguard High Dividend Yield Fund ( VHDYX VIGI (Graphic Source: Morningstar.com, red highlights author) For thes
Show less
Read more
Impact Snapshot
Event Time:
HIE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HIE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HIE alerts
High impacting Miller/Howard High Income Equity Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
HIE
Sec Filings
- 4/16/24 - Form 144
- 4/1/24 - Form SC
- 4/1/24 - Form 4
- HIE's page on the SEC website