Miller/Howard MLP Fundamental Index®*

Constituents

Miller/Howard Fundamental Index® Holdings As of Selection Date 5/18/2018
Large Cap Group / Company Ticker
Antero Midstream Partners AM
Andeavor Logistics LP ANDX
Cheniere Energy Partners LP CQP
EnLink Midstream Partners LP ENLK
Enterprise Products Partners LP EPD
EQT GP Holdings LP EQGP
EQT Midstream Partners LP EQM
Energy Transfer Equity LP ETE
Energy Transfer Partners LP ETP
Magellan Midstream Partners LP MMP
MPLX LP MPLX
Phillips 66 Partners LP PSXP
Spectra Energy Partners LP SEP
Western Gas Partners WES
Western Gas Equity Partners WGP

Mid-Small Cap Group / Company Ticker
AmeriGas Partners LP APU
Boardwalk Pipeline Partners LP BWP
Dominion Energy Midstream Partners LP DM
Enbridge Energy Partners LP EEP
Holly Energy Partners LP HEP
Noble Midstream Partners LP NBLX
Rice Midstream Partners LP RMP
Sunoco LP SUN
Tallgrass Energy Partners LP TEP
Valero Energy Partners LP VLP
Total Members 25
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*Fundamental Index® is a registered trademark of Research Affiliates, LLC, which is used under license by Miller/Howard Investments, Inc.

The securities identified and described above do not represent all of the securities purchased, sold or recommended for client accounts, or all securities considered as a candidate for inclusion in the Index. The reader should not assume that an investment in the securities identified was or will be profitable.

Past performance does not guarantee future results.