PARSIPPANY, N.J., Jan. 29, 2016 /PRNewswire/ — Hennion & Walsh, a provider of investment services and an advocate for individual investors, today announced the launch of its Miller/Howard North American Energy Opportunities Trust, further expanding its suite of proprietary SmartTrust® Unit Investment Trust (UIT) portfolios. Developed in partnership with Miller/Howard Investments, an independent, SEC-registered investment boutique based in Woodstock, NY, the trust will seek to provide investors with total return potential through capital appreciation and current dividend income.
“With the current abundance of oil and natural gas in North America, investors can position themselves for total return potential over the longer term through this innovative investment strategy,” said Kevin Mahn, Chief Investment Officer of SmartTrust®.
The strategy will involve investing in a portfolio of energy-related securities that may include the common stock of companies and interests in limited partnerships, including master limited partnerships (“MLPs”). Selected by Miller/Howard Investments, the companies are involved in elements of the North American energy supply chain, including upstream and midstream energy companies.
“During times of market volatility when investors are seeking new opportunities to diversify their assets, this intriguing approach to investing in the energy sector is certainly worthy of consideration,” said Bill Walsh, Chief Executive Officer and Partner of Hennion & Walsh. Fellow Partner Rich Hennion added, “We are pleased to work with the experienced team at Miller/Howard to bring an energy focused UIT portfolio to market that isn’t solely focused on crude oil.”
SmartTrust® UITs offer diversified income and total return opportunities through innovative investment strategies. Assets grew by 25 percent in 2015 on a year-over-year basis while the number of Trusts outstanding grew by more than 24 percent over the same period. For more information about Hennion & Walsh’s SmartTrust® UIT products, please contact the firm’s Internal Support Desk at 888-505-2872, or visit www.smarttrustuit.com.
About Hennion & Walsh
Hennion & Walsh, a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investor’s fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 20,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com.
About Miller/Howard Investments
Miller/Howard Investments, Inc. is an independent, SEC-registered investment boutique with more than $7 billion under management as of December 31, 2015 and over two decades of experience managing equity portfolios for institutions and individuals in disciplined, dividend-focused investment strategies. Miller/Howard invests in companies that their investment team identifies as financially strong with the ability to pay and consistently raise dividends. Miller/Howard portfolio strategies include: income-equity broad market stocks, master limited partnerships (MLPs), utilities, infrastructure and components of the energy commercial value chain.
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