INVESTMENT FOCUS PRODUCTS INSIGHTS LITERATURE ABOUT CONTACT Hello, Guest Login Register Infrastructure INFRASTRUCTURE has become a multi-trillion-dollar asset class poised for considerable growth in the years ahead. We define infrastructure as the essential services and foundational assets in society that make up the backbone of the economy. We look for fundamental "platform" assets — companies whose services enable commerce — with long lives, potential long-term cash flow, and the ability to pay and consistently raise dividends. Our infrastructure investments: Offer essential services. Companies that serve people's basic needs — and society can't function without — such as water, electricity, gas, telecommunications, data, and sanitation. Make e-commerce possible. An evolution in how consumers buy goods and services is driving growth and investment opportunities in transportation and logistics companies. Enable and support. The universe of assets that build, supply parts for, and improve essential services companies is growing due to Big Data and the automation of everything. MICHAEL ROOMBERG, CFA PORTFOLIO MANAGER “Miller/Howard launched our first infrastructure strategy following our landmark 1989 study showing the long-term appeal of utilities as an asset class. We were also early investors in pipelines that support America’s energy industry, and telecom infrastructure, without which the modern digital economy couldn’t exist.” Previous Next View All Our Products ARTICLE Leveling The Playing Field For Energy Innovation ARTICLE Renewable Energy Demand ARTICLE How Can Miller/Howard Be An ESG Manager In The Energy Sector? DISCLOSURE INVESTMENT PRODUCTS: ARE NOT FDIC INSURED - MAY LOSE VALUE - ARE NOT BANK GUARANTEED Opinions and estimates offered constitute Miller/Howard Investments' judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. Nothing stated herein, including the mention of specific company names, should be construed as a recommendation to buy, hold, or sell any security, sector, or MLPs in general. To receive a list of all recommendations for the previous year, please email compliance@mhinvest.com. All investments carry a certain degree of risk, including possible loss of principal. It is important to note that there are risks inherent in any investment and there can be no assurance that any asset class will provide positive performance over any period of time. The material may also contain forward-looking statements that involve risk and uncertainty, and there is no guarantee they will come to pass. Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer’s board of directors, and the amount of any dividend may vary over time. Dividend yield is one component of performance and should not be the only consideration for investment. The information above is from sources deemed to be reliable and is provided strictly for the convenience of our investors and their advisors. These materials are solely informational. Legal, accounting and tax restrictions, transaction costs, and changes to any assumptions may significantly affect the economics of any transaction. The information and analyses contained herein are not intended as tax, legal, or investment advice and may not be appropriate for your specific circumstances; accordingly, you should consult your own tax, legal, investment, or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such appropriateness. Any investment returns — past, hypothetical, or otherwise — are not indicative of future performance. Investment Decisions: Do not use this report as the sole basis for investment decisions. Do not select an allocation, investment discipline, or investment manager based on performance alone. Consider, in addition to performance results, other relevant information about each investment manager, as well as matters such as your investment objectives, risk tolerance, and investment time horizon. Past performance does not guarantee future results. © 2021 Miller/Howard Investments. Contact Us Privacy Policy Disclosures Cookies