Millerhoward High Income Fund Fundamentals
| HIE Fund | USD 10.94 0.03 0.27% |
Millerhoward High Income fundamentals help investors to digest information that contributes to Millerhoward High's financial success or failures. It also enables traders to predict the movement of Millerhoward Fund. The fundamental analysis module provides a way to measure Millerhoward High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Millerhoward High fund.
Millerhoward |
Millerhoward High Income Fund Annual Yield Analysis
Millerhoward High's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Millerhoward High Annual Yield | 0.01 % |
Most of Millerhoward High's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Millerhoward High Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Millerhoward High Income has an Annual Yield of 0.0058%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The annual yield for all United States funds is notably lower than that of the firm.
Millerhoward High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millerhoward High's current stock value. Our valuation model uses many indicators to compare Millerhoward High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millerhoward High competition to find correlations between indicators driving Millerhoward High's intrinsic value. More Info.Millerhoward High Income is rated below average in price to earning among similar funds. It is rated # 4 fund in beta among similar funds totaling about 0.18 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Millerhoward High Income is roughly 5.49 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Millerhoward High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Millerhoward High's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Millerhoward High's earnings, one of the primary drivers of an investment's value.Millerhoward Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millerhoward High's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Millerhoward High could also be used in its relative valuation, which is a method of valuing Millerhoward High by comparing valuation metrics of similar companies.Millerhoward High is currently under evaluation in annual yield among similar funds.
Millerhoward Fundamentals
| Shares Outstanding | 18.69 M | ||||
| Shares Owned By Insiders | 0.02 % | ||||
| Shares Owned By Institutions | 51.91 % | ||||
| Number Of Shares Shorted | 22.52 K | ||||
| Price To Earning | 8.78 X | ||||
| Short Ratio | 0.48 X | ||||
| Earnings Per Share | 1.16 X | ||||
| Number Of Employees | 10 | ||||
| Beta | 1.6 | ||||
| Market Capitalization | 101.3 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 4.30 % | ||||
| One Year Return | 12.35 % | ||||
| Three Year Return | 7.87 % | ||||
| Five Year Return | 8.09 % | ||||
| Last Dividend Paid | 0.61 |
About Millerhoward High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millerhoward High Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millerhoward High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millerhoward High Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.MillerHoward High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc. MillerHoward High Income Equity Fund was formed on November 24, 2014 and is domiciled in the United States. MillerHoward High operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Millerhoward High Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.