Miller/Howard Strategic Indexes is a subsidiary of Miller/Howard Investments Inc., a boutique asset management firm focused on income-producing equities and the entire energy vertical for more than 25 years. Our investment focus, since inception, has been on high-quality companies that not only pay a high dividend yield, but also have the potential to grow their dividends at above-market averages. We seek both income and opportunities for growth of principal in a single investment.

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.

The indexes are designed to go beyond market exposure by applying persistent, strategic factors we have observed and confirmed through our active management. They 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.

In addition to their "everything but the kitchen sink" approach, traditional market-capitalization-weighted indexes tend to overweight overvalued stocks that have appreciated in price. Miller/Howard Strategic Indexes seeks to improve on this model by equal weighting, and by limiting constituent selection to those companies that share distinct, positive, fundamental factors such as dividend growth, yield, valuation, and profitability—all through a disciplined rules-based process with regular rebalancing.

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

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.