Miller/Howard High Income Equity Fund Announces Management Changes
December 15, 2020 at 07:15 pm IST
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Miller/Howard High Income Equity Fund announced effective December 15, 2020, Lowell G. Miller has resigned from his positions as Chairman of the Board, President, and Class I Trustee of the Miller/Howard High Income Equity Fund, and has been designated as Chairman Emeritus. In November 2019, Mr. Miller announced his planned retirement from Miller/Howard. Further, John E. Leslie, III, CFA, has resigned from his position as Vice President of the Fund, effective December 15, 2020. Mr. Leslie, Portfolio Manager and Research Analyst at Miller/Howard, remains as a key member of the Adviser’s investment team, focused on separately managed account strategies. The Board of Trustees has elected James E. Hillman, currently the Fund’s Lead Independent Trustee, as Chairman of the Board, and Catherine M. Johnston, CFA, as President and Class I Trustee. Because of Ms. Johnston’s role within the Adviser, she is classified as an “interested person.” Mr. Hillman has been a Trustee of the Fund since inception in 2014. Ms. Johnston previously served as Secretary of the Fund since March 2019 and is the Head of Marketing at the Adviser. The Board of Trustees has also elected Eva Horowitz as Secretary of the Fund, and Gregory Powell as Vice President of the Fund. Ms. Horowitz previously served as Assistant Secretary of the Fund since June 2019 and is the Chief Operating Officer at the Adviser. Mr. Powell joined Miller/Howard in 2017 and serves as the Chief Investment Officer at the Adviser.
Miller/Howard High Income Equity Fund (the Fund) is a closed-end, diversified management investment company. The Fund's primary objective is to provide high current income with capital appreciation. The Fund invests, under normal market conditions, at least 80% of its total assets in dividend or distribution paying equity securities of United States companies and non- United States companies traded on United States exchanges. The Fund may invest in equity securities including common stocks, preferred stocks, convertible securities, warrants, depository receipts and equity interests in trust and other entities. The Fund may also invest up to 25% of its total assets in securities of master limited partnerships (MLPs). The Fund invests in various sectors, which include oil and gas extraction, insurance carriers, natural gas transmission, real estate investment trusts, petroleum refining, eating places, and others. The Fundâs investment advisor is Miller/Howard Investments, Inc.
MILLER/HOWARD HIGH INCOME EQUITY FUND 
