# EDGAR Filing Document

**Accession Number:** 0001519505
**File Stem:** 0001145549-23-018064
**Filing Date:** 2023-3
**Character Count:** 28850
**Document Hash:** aa8a33a30716b40f9bd12dce0a5dcef3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-018064.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001145549-23-018064

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Miller/Howard High Income Equity Fund
- **CENTRAL INDEX KEY:** 0001519505
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22553
- **FILM NUMBER:** 23763586

**BUSINESS ADDRESS:**
- **STREET 1:** 10 DIXON AVENUE
- **CITY:** WOODSTOCK
- **STATE:** NY
- **ZIP:** 12498
- **BUSINESS PHONE:** 845-679-9166

**MAIL ADDRESS:**
- **STREET 1:** 10 DIXON AVENUE
- **CITY:** WOODSTOCK
- **STATE:** NY
- **ZIP:** 12498

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MILLER/HOWARD HIGH DIVIDEND FUND
- **DATE OF NAME CHANGE:** 20110628

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Miller/Howard Fund
- **DATE OF NAME CHANGE:** 20110429

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Miller/Howard High Income Equity Fund** | | |
| **SCHEDULE OF INVESTMENTS** | | |
| **January 31, 2023 (unaudited)** | | |
| **Common Stock - 85.2%** |<br><br>**Shares** |<br><br>**Fair Value** |
| **Basic Chemical Manufacturing - 3.2%** | | |
| Huntsman Corp. (b) | 225000 | $7130250 |
| **Biological Products, except Diagnostic Substances - 2.8%** |  |  |
| Gilead Sciences, Inc. (d) | 75000 | 6295500 |
| **Cut and Sew Apparel Manufacturing - 2.4%** |  |  |
| Ralph Lauren Corp. | 42400 | 5251240 |
| **Depository Credit Intermediation - 10.7%** |  |  |
| Ally Financial, Inc. (b) | 150000 | 4873500 |
| The Bank of New York Mellon Corp (c) | 96300 | 4869891 |
| KeyCorp (c) | 349000 | 6697310 |
| US Bancorp (c) | 150000 | 7470000 |
|  |  | 23910701 |
| **Drugs and Druggists' Sundries Merchant Wholesalers - 2.4%** |  |  |
| Cardinal Health, Inc. (c) | 68000 | 5253000 |
| **Eating Places - 2.8%** |  |  |
| Cracker Barrel Old Country Store, Inc. (b) | 55000 | 6136900 |
| **Electric Power Generation, Transmission and Distribution - 2.0%** |  |  |
| Portland General Electric Co. (b) | 94400 | 4491552 |
| **Health and Personal Care Stores - 2.2%** |  |  |
| Walgreens Boots Alliance, Inc. (b) | 130000 | 4791800 |
| **Insurance Carriers - 4.0%** |  |  |
| The Allstate Corp (c) | 60000 | 7708200 |
| Unum Group | 30000 | 1260900 |
|  |  | 8969100 |
| **Metal Ore Mining - 1.7%** |  |  |
| Vale SA ADR | 200000 | 3736000 |
| **National Commercial Banks - 1.3%** |  |  |
| JPMorgan Chase & Co. (c) | 20000 | 2799200 |
| **Oil and Gas Extraction - 12.8%** |  |  |
| Canadian Natural Resources Ltd. ADR (c) | 150000 | 9216000 |
| Ovintiv, Inc. | 113000 | 5562990 |
| Phillips 66 | 50000 | 5013500 |
| Shell Plc ADR (c) | 150000 | 8821500 |
|  |  | 28613990 |
| **Other Food Manufacturing - 3.1%** |  |  |
| Conagra Brands, Inc. (c) | 185000 | 6880150 |
| **Other Miscellaneous Manufacturing - 2.3%** |  |  |
| British American Tobacco Plc ADR (c) | 135000 | 5196150 |
| **Petroleum Refining - 3.2%** |  |  |
| TotalEnergies SE ADR (c) | 115000 | 7134600 |
| **Pharmaceutical Preparations - 5.3%** |  |  |
| AbbVie, Inc. (d) | 47000 | 6944250 |
| Johnson & Johnson (d) | 30000 | 4902600 |
|  |  | 11846850 |
| **Pipeline Transportation of Natural Gas - 5.0%** |  |  |
| Antero Midstream Corp. (b) | 250000 | 2725000 |
| Equitrans Midstream Corp. | 270000 | 1957500 |
| TC Energy Corp. ADR (b) | 150000 | 6471000 |
|  |  | 11153500 |
| **Residential Building Construction - 2.8%** |  |  |
| MDC Holdings, Inc. (c) | 165000 | 6230400 |
| **Securities and Commodity Contracts Intermediation and Brokerage - 2.5%** |  |  |
| The Goldman Sachs Group Inc. | 15000 | 5487150 |
| **Semiconductors & Related Devices - 0.8%** |  |  |
| Texas Instruments, Inc. (c) | 10500 | 1860705 |
| **Support Activities for Mining - 3.8%** |  |  |
| BHP Group Ltd. ADR (b) | 120000 | 8418000 |
| **Surety Insurance - 2.8%** |  |  |
| Old Republic International Corp. (c) | 240000 | 6333600 |
| **Tobacco Manufacturing - 2.4%** |  |  |
| Altria Group, Inc. | 120000 | 5404800 |
| **Traveler Accommodation - 2.9%** |  |  |
| Vail Resorts, Inc. | 25000 | 6558500 |
| Total Common Stock (Cost $178,754,022) |  | 189883638 |
| **Master Limited Partnership - 14.6%** |  |  |
| **Investment Advice - 3.2%** |  |  |
| AllianceBernstein Holding LP | 190000 | 7202900 |
| **Natural Gas Transmission - 11.4%** |  |  |
| Energy Transfer L.P. (d) | 750500 | 9966640 |
| Enterprise Products Partners L.P. (d) | 300000 | 7680000 |
| MPLX LP (c) | 224000 | 7822080 |
|  |  | 25468720 |
| Total Master Limited Partnership (Cost $22,795,017) |  | 32671620 |
| **Real Estate Investment Trusts (REITs) - 11.9%** |  |  |
| Apple Hospitality REIT, Inc. (c) | 325000 | 5762250 |
| Brandywine Realty Trust | 100000 | 656000 |
| Lamar Advertising Co. (c) | 100000 | 10654000 |
| Sabra Health Care REIT, Inc. (c) | 275000 | 3712500 |
| Spirit Realty Capital, Inc. | 130000 | 5704400 |
| Total Real Estate Investment Trusts (REITs) (Cost $26,945,921) |  | 26489150 |
| **Short-Term Investments: 0.9%** |  |  |
| Morgan Stanley Institutional Liquidity Fund - Treasury Portfolio, 4.12% (a) | 2051384 | 2051384 |
| Total Short-Term Investments (Cost $2,051,384) |  | 2051384 |
| **Investments Purchased with Proceeds from Securities Lending: 15.9%** |  |  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.47% (a) | 35481292 | 35481292 |
| Total Investments Purchased with Proceeds from Securities Lending (Cost $35,481,292) |  | 35481292 |
| **Total Investments - 128.5% (cost $266,027,636)** |  | 286577084 |
| **Total Value of Options Written (Premiums received $177,200) - (0.1%)** |  | (150900) |
| **Other Assets and Liabilities - (28.5)%** |  | (63456188) |
| **Total Net Assets Applicable to Common Stockholders - 100.0%** |  | $222969996 |

---

---

| | |
|:---|:---|
| Note: Percentages indicated are based on the net assets of the Fund. | Note: Percentages indicated are based on the net assets of the Fund. |
| ADR | American Depository Receipt |
| (a) | Rate indicated is the current yield as of January 31, 2023. |
| (b) | All or a portion of this security is on loan. |
| (c) | All or a portion of this security has been pledged as collateral in connection with the Fund's Special Custody Account Agreement. As of January 31, 2023, the total value of securites pledged as collateral for the Special Custody Account Agreement was $99,902,772. |
| (d) | All or a portion of the security represents collateral for written options. The value of the securities segregated as collateral for written options is $32,435,790, which is 14.5% of total net assets. |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Miller/Howard High Income Equity Fund** | **Miller/Howard High Income Equity Fund** |  |  |  |  |
| **SCHEDULE OF OPTIONS WRITTEN** | **SCHEDULE OF OPTIONS WRITTEN** |  |  |  |  |
| **January 31, 2023** |  |  |  |  |  |
| (unaudited) |  |  |  |  |  |
| **Options Written** | **Expiration Date** | **Strike Price** | **Contracts** | **Notional Amount** | **Fair Value** |
| **Call Options** |  |  |  |  |  |
| Allstate Corp. | February 2023 | 130.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300 | (3854100) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63300) |
| Cardinal Health, Inc. | February 2023 | 80.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | (3090000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26000) |
| Shell Plc | February 2023 | 60.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 | (4704800) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61600) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (150900) |
| Total Value of Options Written (Premiums received $177,200) | Total Value of Options Written (Premiums received $177,200) | Total Value of Options Written (Premiums received $177,200) |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150900) |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| At January 31, 2023, the Funds' assets carried at market value were classified as follows: | At January 31, 2023, the Funds' assets carried at market value were classified as follows: | At January 31, 2023, the Funds' assets carried at market value were classified as follows: | At January 31, 2023, the Funds' assets carried at market value were classified as follows: |  |
| **High Income-Equity Fund** |  |  |  |  |
| Investments in Securities <sup>(a)</sup> | Level 1 | Level 2 | Level 3 | Total |
| **Assets** |  |  |  |  |
| Common Stock | $189883638 | $- | $- | $189883638 |
| Master Limited Partnerships | 32671620 | - | - | 32671620 |
| Real Estate Investment Trusts | 26489150 | - | - | 26489150 |
| Short-Term Investments <sup>(b)</sup> | 2051384 | - | - | 2051384 |
| Investments Purchased as |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Collateral <sup>(c)</sup> | - | - | - | 35481292 |
| Total Investments in Securities | $251095792 | $- | $- | $286577084 |
| **Liabilities** |  |  |  |  |
| Written Options | $150900 | $- | $- | $150900 |

---

---

| |
|:---|
| (a) All industry classifications are identified in the Schedule of Investments. |
| (b) Short-term Investment is a sweep investment for cash balances in the Fund at January 31, 2023. |
| (c) Certain investments are measured at fair value using the net asset value per share (or its |
| &nbsp;&nbsp;&nbsp;&nbsp; equivalent) have not been categorized in the fair value hierarchy in accordance with ASC 820. The |
| &nbsp;&nbsp;&nbsp;&nbsp; fair value amounts presented in the table are intended to permit reconciliation to the fair value |
| &nbsp;&nbsp;&nbsp;&nbsp; hierarchy to the amounts presented in the Statement of Assets and Liabilities. |
| The Fund did not hold any Level 2 or 3 securities during the period ended January 31, 2023. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Miller/Howard High Income Equity Fund

- **b. Investment Company Act file number:** 811-22553

- **c. CIK number of Registrant:** 0001519505

- **d. LEI of Registrant:** 549300ZCY8ROSDMUUZ28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 45 Pine Grove Ave

  - **City:** Kingston

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 12402

  - **Telephone number:** 845-679-9166

**Item A.2. Information about the Series.**

- **a. Name of Series:** Miller/Howard High Income Equity Fund

- **c. LEI of Series:** 549300ZCY8ROSDMUUZ28

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $291222724.83

**Total Liabilities:** $68263515.58

**Net Assets:** $222959209.25

**Cash Not Reported:** $4559862.88

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 8.80%                | -4.27%               | 5.75%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-914636.68              | $18467376.66                               |
| Month 2  | $-1469441.13             | $-10177371.67                              |
| Month 3  | $-1776.55                | $14987168.29                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Gilead Sciences Inc                       | Gilead Sciences Inc                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     75000 | NS      | $6295500.00   | 2.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntsman Corp                             | Huntsman Corp                             | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |    225000 | NS      | $7130250.00   | 3.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Brandywine Realty Trust                   | Brandywine Realty Trust                   | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    175000 | NS      | $1148000.00   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian Natural Resources Ltd            | Canadian Natural Resources Ltd            | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    150000 | NS      | $9216000.00   | 4.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Cardinal Health Inc                       | Cardinal Health Inc                       | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     68000 | NS      | $5253000.00   | 2.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                        | Conagra Brands Inc                        | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    185000 | NS      | $6880150.00   | 3.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Cracker Barrel Old Country Sto            | Cracker Barrel Old Country Store Inc      | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     55000 | NS      | $6136900.00   | 2.75%             |  |  |  | No            | 1                  | On Loan: —       |
| Enterprise Products Partners L            | Enterprise Products Partners LP           | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    300000 | NS      | $7680000.00   | 3.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitrans Midstream Corp                  | Equitrans Midstream Corp                  | CUSIP: 294600101<br>LEI: 549300RH0NLJNZ5SXU64 | Long             | EC               | CORP              | US        |    270000 | NS      | $1957500.00   | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Group Inc/The               | Goldman Sachs Group Inc/The               | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     15000 | NS      | $5487150.00   | 2.46%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase & Co                       | JPMorgan Chase & Co                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     20000 | NS      | $2799200.00   | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| MDC Holdings Inc                          | MDC Holdings Inc                          | CUSIP: 552676108<br>LEI: 5299005FV4VNV75R8R35 | Long             | EC               | CORP              | US        |    165000 | NS      | $6230400.00   | 2.79%             |  |  |  | No            | 1                  | On Loan: No      |
| MPLX LP                                   | MPLX LP                                   | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    224000 | NS      | $7822080.00   | 3.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Phillips 66                               | Phillips 66                               | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     50000 | NS      | $5013500.00   | 2.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Shell PLC                                 | Shell PLC                                 | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    150000 | NS      | $8821500.00   | 3.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Sabra Health Care REIT Inc                | Sabra Health Care REIT Inc                | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    275000 | NS      | $3712500.00   | 1.67%             |  |  |  | No            | 1                  | On Loan: No      |
| TC Energy Corp                            | TC Energy Corp                            | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    150000 | NS      | $6471000.00   | 2.90%             |  |  |  | No            | 1                  | On Loan: —       |
| TotalEnergies SE                          | TotalEnergies SE                          | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    115000 | NS      | $7134600.00   | 3.20%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                       | Allstate Corp/The                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -300 | NC      | $-63300.00    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                       | Cardinal Health Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -400 | NC      | $-26000.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| British American Tobacco PLC              | British American Tobacco PLC              | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    135000 | NS      | $5196150.00   | 2.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Instruments Inc                     | Texas Instruments Inc                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     10500 | NS      | $1860705.00   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                | US Bancorp                                | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     90000 | NS      | $4482000.00   | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Unum Group                                | Unum Group                                | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     30000 | NS      | $1260900.00   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Vale SA                                   | Vale SA                                   | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    200000 | NS      | $3736000.00   | 1.68%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                | AbbVie Inc                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     47000 | NS      | $6944250.00   | 3.11%             |  |  |  | No            | 1                  | On Loan: No      |
| AllianceBernstein Holding LP              | AllianceBernstein Holding LP              | CUSIP: 01881G106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190000 | NS      | $7202900.00   | 3.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Allstate Corp/The                         | Allstate Corp/The                         | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     60000 | NS      | $7708200.00   | 3.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Ally Financial Inc                        | Ally Financial Inc                        | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    150000 | NS      | $4873500.00   | 2.19%             |  |  |  | No            | 1                  | On Loan: —       |
| Altria Group Inc                          | Altria Group Inc                          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    120000 | NS      | $5404800.00   | 2.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Antero Midstream Corp                     | Antero Midstream Corp                     | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    250000 | NS      | $2725000.00   | 1.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Apple Hospitality REIT Inc                | Apple Hospitality REIT Inc                | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    325000 | NS      | $5762250.00   | 2.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of New York Mellon Corp/T            | Bank of New York Mellon Corp/The          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     96300 | NS      | $4869891.00   | 2.18%             |  |  |  | No            | 1                  | On Loan: No      |
| BHP Group Ltd                             | BHP Group Ltd                             | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    120000 | NS      | $8418000.00   | 3.78%             |  |  |  | No            | 1                  | On Loan: —       |
| Energy Transfer LP                        | Energy Transfer LP                        | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |    750500 | NS      | $9966640.00   | 4.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                         | Johnson & Johnson                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     30000 | NS      | $4902600.00   | 2.20%             |  |  |  | No            | 1                  | On Loan: No      |
| KeyCorp                                   | KeyCorp                                   | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    349000 | NS      | $6697310.00   | 3.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Lamar Advertising Co                      | Lamar Advertising Co                      | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |    100000 | NS      | $10654000.00  | 4.78%             |  |  |  | No            | 1                  | On Loan: No      |
| MSILF Treasury Portfolio                  | MSILF Treasury Portfolio                  | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |   2947259 | NS      | $2947259.33   | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Republic International Cor            | Old Republic International Corp           | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    240000 | NS      | $6333600.00   | 2.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                               | Ovintiv Inc                               | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113000 | NS      | $5562990.00   | 2.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Portland General Electric Co              | Portland General Electric Co              | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     94400 | NS      | $4491552.00   | 2.01%             |  |  |  | No            | 1                  | On Loan: —       |
| Ralph Lauren Corp                         | Ralph Lauren Corp                         | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     42400 | NS      | $5251240.00   | 2.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Spirit Realty Capital Inc                 | Spirit Realty Capital Inc                 | CUSIP: 84860W300<br>LEI: 549300LTU6LVPZSHMJ25 | Long             | EC               | CORP              | US        |    130000 | NS      | $5704400.00   | 2.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Vail Resorts Inc                          | Vail Resorts Inc                          | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     25000 | NS      | $6558500.00   | 2.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Walgreens Boots Alliance Inc              | Walgreens Boots Alliance Inc              | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |    130000 | NS      | $4791800.00   | 2.15%             |  |  |  | No            | 1                  | On Loan: —       |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  35467293 | NS      | $35467292.75  | 15.91%            |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                       | Shell PLC                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -800 | NC      | $-61600.00    | -0.03%            |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-03-23

**Name of Applicant:** Miller/Howard High Income Equity Fund

**Signature:** /s/ Charles Atkins

**Name of Signer:** Charles Atkins

**Title:** Chief Compliance Officer