On Wednesday, USCF today announced the launch of the USCF Midstream Energy Income Fund (UMI) with sub-adviser Miller/Howard Investments, a Woodstock, NY-based, research-driven portfolio management firm. UMI, an actively-managed ETF, will apply Miller/Howard’s hallmark bottom-up fundamental research to midstream energy infrastructure companies focused on energy transportation, storage, and gathering/processing.
The Miller/Howard investment philosophy emphasizes income-producing equities as essential elements to building long-term wealth. Dividend income from high-yielding sectors like midstream energy can be used to fund current spending needs or, when reinvested, to drive the power of compounding to grow wealth over time. Miller/Howard has integrated environmental, social, and governance (ESG) analysis with fundamental research since its first strategy in 1991.
“USCF was founded on the principle of bringing previously difficult to