Our indexes seek to capture and distill all we have learned over nearly a quarter century of active management of dividend and energy infrastructure companies. Our strategic, rules-based indexes are created to enhance current passive approaches to asset allocation. Miller/Howard currently has two indexes:

Miller/Howard MLP Fundamental Index®*

The Miller/Howard MLP Fundamental Index® is a composite of 25 energy master limited partnerships (MLPs) that uses modified equal weighting based on certain quantitative fundamental factors of publicly traded MLPs. The index seeks to go beyond cap-weighted MLP exposure, focusing on fundamental factors that we've identified as potential key drivers of total return performance.

Read about the Miller/Howard MLP Fundamental Index®  ►

Miller/Howard Strategic Dividend Index

The Miller/Howard Strategic Dividend Index seeks to capture and distill all we have learned over nearly a quarter century of active management of dividend companies. Our strategic, rules-based index is created to enhance current passive approaches to asset allocation, going beyond market exposure by applying persistent, strategic factors we have observed and confirmed through our active management. We seek to find and retain the "good," as opposed to cap-weighted indexes, which in our view hold the good, the bad, and the ugly—by their very nature and definition.

Read about the Miller/Howard Strategic Dividend Index  ►

*Fundamental Index® is a registered trademark of Research Affiliates, LLC, which is used under license by Miller/Howard Investments, Inc.

Selection Criteria Update (MHDT): In revisiting the objectives of the Miller/Howard Strategic Dividend Index ("the Index"), we have elected to remove business development corporations (BDCs) from our pool of candidates for our investable universe. The Index is intended to capture the benefits of investing in dividend stocks with rising dividends and an operating growth profile that suggests rising dividends in the future. Legally, BDCs are closed-end investment companies rather than operating companies. It would not be expected that BDCs would have earnings, dividend, or growth profiles comparable to operating companies. It is with this understanding that this criteria update will be implemented going forward beginning with the Selection Date June 24, 2016.

This data is provided for informational purposes only and is not intended for trading purposes. Information shown shall not constitute an offering of any security, product, or service. In addition, removal or inclusion of a security in the index is not a recommendation to buy, sell, or hold that security, nor is it investment advice. It is not possible to invest directly in an index. Index performance does not reflect the deduction of any fees and expenses. Past performance is not a guarantee of future returns.

The information contained on this site is current as of the publication date. Miller/Howard Strategic Indexes, LLC ("MHSI") makes no representations with respect to the accuracy or completeness of these materials and will not accept responsibility for damages, direct or indirect, resulting from an error or omission in this document.

This communication is for informational purposes only, and does not constitute an offering of any security, product, or service.

MHSI receives compensation in connection with licensing its Indexes to third parties. In addition, Miller/Howard Investments, an affiliate of MHSI, provides investment advice to clients and receives fees from those clients accordingly. Miller/Howard Investments, as part of providing investment advice may recommend to its clients to buy or sell securities included in an Index. Such recommendations are made independent of any changes made to an Index or any changes that may be under consideration. MHSI has established policies and procedures to ensure its activities as Index Sponsor are separate from and independent of Miller/Howard Investments' activities as an investment advisor. The Indexes are the exclusive property of Miller/Howard Strategic Indexes, LLC which has contracted with Chicago Board Options Exchange ("CBOE") to maintain and calculate the Indexes. No portion of publications on this site may be reproduced in any form or by any means including electronically, mechanically or photocopying, without the prior written consent of Miller/Howard Strategic Indexes, LLC.

© 2020 Miller/Howard Investments.

DISCLOSURE

*Fundamental Index® is a registered trademark of Research Affiliates, LLC, which is used under license by Miller/Howard Investments, Inc.

Selection Criteria Update (MHDT): In revisiting the objectives of the Miller/Howard Strategic Dividend Index ("the Index"), we have elected to remove business development corporations (BDCs) from our pool of candidates for our investable universe. The Index is intended to capture the benefits of investing in dividend stocks with rising dividends and an operating growth profile that suggests rising dividends in the future. Legally, BDCs are closed-end investment companies rather than operating companies. It would not be expected that BDCs would have earnings, dividend, or growth profiles comparable to operating companies. It is with this understanding that this criteria update will be implemented going forward beginning with the Selection Date June 24, 2016.

This data is provided for informational purposes only and is not intended for trading purposes. Information shown shall not constitute an offering of any security, product, or service. In addition, removal or inclusion of a security in the index is not a recommendation to buy, sell, or hold that security, nor is it investment advice. It is not possible to invest directly in an index. Index performance does not reflect the deduction of any fees and expenses. Past performance is not a guarantee of future returns.

The information contained on this site is current as of the publication date. Miller/Howard Strategic Indexes, LLC ("MHSI") makes no representations with respect to the accuracy or completeness of these materials and will not accept responsibility for damages, direct or indirect, resulting from an error or omission in this document.

This communication is for informational purposes only, and does not constitute an offering of any security, product, or service.

MHSI receives compensation in connection with licensing its Indexes to third parties. In addition, Miller/Howard Investments, an affiliate of MHSI, provides investment advice to clients and receives fees from those clients accordingly. Miller/Howard Investments, as part of providing investment advice may recommend to its clients to buy or sell securities included in an Index. Such recommendations are made independent of any changes made to an Index or any changes that may be under consideration. MHSI has established policies and procedures to ensure its activities as Index Sponsor are separate from and independent of Miller/Howard Investments' activities as an investment advisor. The Indexes are the exclusive property of Miller/Howard Strategic Indexes, LLC which has contracted with Chicago Board Options Exchange ("CBOE") to maintain and calculate the Indexes. No portion of publications on this site may be reproduced in any form or by any means including electronically, mechanically or photocopying, without the prior written consent of Miller/Howard Strategic Indexes, LLC.

© 2020 Miller/Howard Investments.