Miller Value

Miller Value Parent Rating

Below Average

Miller Value has a ways to go to become an industry-standard steward, resulting in a Below Average Parent Pillar rating.

Aside from the overall view, portfolio managers at Miller Value have made a notable effort to align their interests with shareholders' by taking a personal stake and investing alongside them. Nearly 33% of the firm’s assets are represented by a manager who invests in their respective product. Open-end and exchange-traded fund fees are a weakness at the firm, contributing negatively to the rating. On average, the firm charges fees on its funds that are in the most expensive quintile of category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock to alternate asset managers over time to get a better deal. Miller Value has exhibited a reliable and stable portfolio management culture over the past five years, as evidenced by lower-than-average turnover, strengthening the assessment of the firm's stewardship.

Miller Value Investments

Market

US Open-end ex MM ex FoF ex Feeder

Total Net Assets

161.14 Mil

Investment Flows (TTM)

−21.76 Mil

Asset Growth Rate (TTM)

−15.08%

# of Share Classes

5
Morningstar Rating # of Share Classes
0
0
0
0
5
Not Rated 0

Exchange-Traded Funds

View All Miller Value ETFs

Market

US ETFs ex FoF ex Feeder

Total Net Assets

54.22 Mil

Investment Flows (TTM)

12.24 Mil

# of Share Classes

2
Morningstar Rating # of Share Classes
0
0
0
0
0
Not Rated 2
Name
Morningstar Rating Overall
5-Year Category Rank
Miller Value Ptnrs Leverage ETF
Miller Value Ptnrs Appreciation ETF

Morningstar Mentions

The author and retirement expert discusses inflation’s impact on older adults, the job market for older workers, and practical strategies for maximizing Social Security and Medicare benefits.

Quick Definitions: Key Morningstar Terms

Sponsor Center