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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) 3-Year FCF Growth Rate : 77.00% (As of Oct. 2023)


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What is Miller/Howard Highome Equity Fund 3-Year FCF Growth Rate?

Miller/Howard Highome Equity Fund's Free Cash Flow per Share for the six months ended in Oct. 2023 was $0.93.

During the past 12 months, Miller/Howard Highome Equity Fund's average Free Cash Flow per Share Growth Rate was 207.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 77.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 7 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Miller/Howard Highome Equity Fund was 77.00% per year. The lowest was -27.90% per year. And the median was 24.55% per year.


Competitive Comparison of Miller/Howard Highome Equity Fund's 3-Year FCF Growth Rate

For the Asset Management subindustry, Miller/Howard Highome Equity Fund's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Miller/Howard Highome Equity Fund's 3-Year FCF Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's 3-Year FCF Growth Rate falls into.



Miller/Howard Highome Equity Fund 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Miller/Howard Highome Equity Fund  (NYSE:HIE) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Miller/Howard Highome Equity Fund 3-Year FCF Growth Rate Related Terms

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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401
Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman director 10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz officer: Secretary 45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra director 10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston director, officer: President 10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell officer: President C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller officer: Chief Executive Officer PO BOX 549, WOODSTOCK NY 12498
Roger Conrad director 3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone director C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook officer: Chief Compliance Officer MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada officer: Chief Financial Officer PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly officer: Chief Operating Officer PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii officer: Vice President MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498