Miller/Howard High Income Equity Fund

Miller/Howard High Income Equity Fundverified

HIE

Price:

$12.39

Market Cap:

$231.58M

Miller/Howard High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth and high dividend paying stocks of companies. The fund employs fundamental and technical analysis with a bottom-up stock picking approach to create its portfolio while focusing on factors such as business models, balance sheet strength, industry conditions, reliability of cash flow, management quality, and monopolistic qualities. Miller/Howard High Income Equity Fund was formed on November 24, 2014 an...[Read more]

Industry

Asset Management - Income

IPO Date

2014-11-26

Stock Exchange

NYSE

Ticker

HIE

The PE Ratio as of October 2024 (TTM) for Miller/Howard High Income Equity Fund (HIE) is 12.15

According to Miller/Howard High Income Equity Fund’s latest financial reports and current stock price. The company's current PE Ratio is 12.15. This represents a change of -396.56% compared to the average of -4.10 of the last 4 quarters.

Miller/Howard High Income Equity Fund (HIE) Historical PE Ratio (quarterly & annually)

How has HIE PE Ratio performed in the past?

The mean historical PE Ratio of Miller/Howard High Income Equity Fund over the last ten years is 0.28. The current 12.15 PE Ratio has changed 436.80% with respect to the historical average. Over the past ten years (40 quarters), HIE's PE Ratio was at its highest in in the April 2023 quarter at 6.89. The PE Ratio was at its lowest in in the October 2022 quarter at -16.19.

Quarterly (TTM)
Annual

Average

0.28

Median

7.94

Minimum

-132.80

Maximum

90.00

Miller/Howard High Income Equity Fund (HIE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Miller/Howard High Income Equity Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 843.13%

Maximum Annual PE Ratio = 90.00

Minimum Annual Increase = -1772.56%

Minimum Annual PE Ratio = -132.80

Quarterly (TTM)
Annual
YearPE RatioChange
202390.00320.41%
202221.41843.13%
20212.27-205.68%
2020-2.15-114.06%
201915.27-111.50%
2018-132.80-1772.56%

Miller/Howard High Income Equity Fund (HIE) Average PE Ratio

How has HIE PE Ratio performed in the past?

The current PE Ratio of Miller/Howard High Income Equity Fund (HIE) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

37.89

5-year avg

25.36

10-year avg

0.28

Miller/Howard High Income Equity Fund (HIE) PE Ratio vs. Peers

How is HIE’s PE Ratio compared to its peers?

Miller/Howard High Income Equity Fund’s PE Ratio is greater than Virtus Stone Harbor Emerging Markets Total Income Fund (-2.86), greater than Legg Mason BW Global Income Opportunities Fund Inc. (10.90), less than John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund (24.94), less than PIMCO New York Municipal Income Fund III (19.71), greater than Virtus Global Multi-Sector Income Fund (10.49), greater than Nuveen Short Duration Credit Opportunities Fund (-13.96), greater than Western Asset Mortgage Opportunity Fund Inc. (6.55), greater than LMP Capital and Income Fund Inc. (4.69), greater than Western Asset High Yield Defined Opportunity Fund Inc. (6.15), greater than Neuberger Berman California Municipal Fund Inc. (-3.05), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than DWS Municipal Income Trust (28.30), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Puyi Inc. (-86.42), less than MFS Investment Grade Municipal Trust (44.90), less than Western Asset Global Corporate Defined Opportunity Fund Inc. (20.42), greater than DoubleLine Opportunistic Credit Fund (8.35), greater than Western Asset Diversified Income Fund (6.45),

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