Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI)
Westwood Holdings Group (WHG) has announced monthly income distributions for two ETFs: the Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI). Both actively managed funds provide double-digit income through dividends and options premiums.
MDST, launched April 8, 2024, focuses on midstream energy companies with $85 million in net assets and a 10.5% annualized distribution rate. WEEI, launched April 30, 2024, offers broad energy sector exposure with $17 million in net assets and an 11.9% distribution rate. Both ETFs distribute $0.225 per share monthly.
Performance data shows MDST has achieved 16.31% returns since inception (NAV), while WEEI shows -4.22% returns. MDST's current distribution is 100% return of capital, while WEEI's is 23.15% return of capital.
Westwood Holdings Group (WHG) ha annunciato distribuzioni di reddito mensili per due ETF: il Westwood Salient Enhanced Midstream Income ETF (MDST) e il Westwood Salient Enhanced Energy Income ETF (WEEI). Entrambi i fondi, gestiti attivamente, offrono un reddito a doppia cifra attraverso dividendi e premi sulle opzioni.
MDST, lanciato l'8 aprile 2024, si concentra su aziende energetiche midstream con 85 milioni di dollari in attività nette e un tasso di distribuzione annualizzato del 10,5%. WEEI, lanciato il 30 aprile 2024, offre un'ampia esposizione al settore energetico con 17 milioni di dollari in attività nette e un tasso di distribuzione dell'11,9%. Entrambi gli ETF distribuiscono 0,225 dollari per azione mensilmente.
I dati sulle performance mostrano che MDST ha raggiunto un rendimento del 16,31% dalla sua nascita (NAV), mentre WEEI mostra un rendimento del -4,22%. L'attuale distribuzione di MDST è del 100% di ritorno di capitale, mentre quella di WEEI è del 23,15% di ritorno di capitale.
Westwood Holdings Group (WHG) ha anunciado distribuciones de ingresos mensuales para dos ETF: el Westwood Salient Enhanced Midstream Income ETF (MDST) y el Westwood Salient Enhanced Energy Income ETF (WEEI). Ambos fondos, gestionados activamente, proporcionan ingresos de dos dígitos a través de dividendos y primas de opciones.
MDST, lanzado el 8 de abril de 2024, se centra en empresas de energía midstream con 85 millones de dólares en activos netos y una tasa de distribución anualizada del 10,5%. WEEI, lanzado el 30 de abril de 2024, ofrece una amplia exposición al sector energético con 17 millones de dólares en activos netos y una tasa de distribución del 11,9%. Ambos ETF distribuyen 0,225 dólares por acción mensualmente.
Los datos de rendimiento muestran que MDST ha logrado un retorno del 16,31% desde su inicio (NAV), mientras que WEEI muestra un retorno del -4,22%. La distribución actual de MDST es del 100% de retorno de capital, mientras que la de WEEI es del 23,15% de retorno de capital.
웨스트우드 홀딩스 그룹 (WHG)가 두 개의 ETF에 대한 월간 소득 분배를 발표했습니다: 웨스트우드 살리언트 강화 중간 스트림 소득 ETF (MDST)와 웨스트우드 살리언트 강화 에너지 소득 ETF (WEEI). 두 펀드는 모두 적극적으로 관리되며, 배당금과 옵션 프리미엄을 통해 두 자릿수 소득을 제공합니다.
MDST는 2024년 4월 8일에 출시되었으며, 8,500만 달러의 순 자산을 보유한 중간 스트림 에너지 기업에 중점을 두고 있으며, 연간 분배율은 10.5%입니다. WEEI는 2024년 4월 30일에 출시되었으며, 1,700만 달러의 순 자산을 가지고 있으며, 11.9%의 분배율로 에너지 섹터에 폭넓은 노출을 제공합니다. 두 ETF는 월별로 주당 0.225달러를 분배합니다.
성과 데이터에 따르면 MDST는 설립 이후 16.31%의 수익률을 달성했습니다 (NAV), 반면 WEEI는 -4.22%의 수익률을 보입니다. MDST의 현재 분배는 100% 자본 환급이며, WEEI의 분배는 23.15% 자본 환급입니다.
Westwood Holdings Group (WHG) a annoncé des distributions de revenus mensuelles pour deux ETF : le Westwood Salient Enhanced Midstream Income ETF (MDST) et le Westwood Salient Enhanced Energy Income ETF (WEEI). Ces deux fonds, gérés activement, offrent des revenus à deux chiffres grâce à des dividendes et des primes d'options.
MDST, lancé le 8 avril 2024, se concentre sur les entreprises énergétiques midstream avec 85 millions de dollars d'actifs nets et un taux de distribution annualisé de 10,5%. WEEI, lancé le 30 avril 2024, offre une large exposition au secteur énergétique avec 17 millions de dollars d'actifs nets et un taux de distribution de 11,9%. Les deux ETF distribuent 0,225 dollar par action chaque mois.
Les données de performance montrent que MDST a atteint un rendement de 16,31% depuis sa création (NAV), tandis que WEEI affiche un rendement de -4,22%. La distribution actuelle de MDST est de 100% de retour de capital, tandis que celle de WEEI est de 23,15% de retour de capital.
Westwood Holdings Group (WHG) hat monatliche Einkommensverteilungen für zwei ETFs angekündigt: den Westwood Salient Enhanced Midstream Income ETF (MDST) und den Westwood Salient Enhanced Energy Income ETF (WEEI). Beide aktiv verwalteten Fonds bieten zweistellige Einkünfte durch Dividenden und Optionsprämien.
MDST, das am 8. April 2024 gestartet wurde, konzentriert sich auf Midstream-Energieunternehmen mit 85 Millionen Dollar an Nettovermögen und einer annualisierten Ausschüttungsquote von 10,5%. WEEI, das am 30. April 2024 gestartet wurde, bietet eine breite Exposition gegenüber dem Energiesektor mit 17 Millionen Dollar an Nettovermögen und einer Ausschüttungsquote von 11,9%. Beide ETFs verteilen monatlich 0,225 Dollar pro Aktie.
Die Leistungsdaten zeigen, dass MDST seit seiner Einführung Renditen von 16,31% erzielt hat (NAV), während WEEI -4,22% Renditen aufweist. Die aktuelle Ausschüttung von MDST beträgt 100% Rückzahlung des Kapitals, während die von WEEI 23,15% Rückzahlung des Kapitals beträgt.
- Double-digit income distributions: MDST at 10.5% and WEEI at 11.9%
- Strong performance of MDST with 16.31% return since inception
- MDST has accumulated significant AUM of $85 million within first year
- WEEI showing negative returns of -4.22% since inception
- High return of capital in distributions (100% for MDST, 23.15% for WEEI) may erode NAV over time
- Relatively high expense ratios (0.80-0.85%) compared to passive ETFs
DALLAS, April 02, 2025 (GLOBE NEWSWIRE) -- Westwood Holdings Group (WHG), a publicly-traded investment management boutique and wealth management firm, today announced monthly income distributions for Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST) and Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI) as shown in the table below. This pair of Westwood Exchange-Traded Funds (ETFs) deliver income from both dividends and options premiums to help provide monthly income distributions for investors. Most recently, both strategies are providing double-digit income to investors.
ETF Ticker | ETF | Distribution per Share | Annualized Distribution Rate1 |
(NYSE: MDST) | Westwood Salient Enhanced Midstream Income ETF | 0.225 | |
(NASDAQ: WEEI) | Westwood Salient Enhanced Energy Income ETF | 0.225 | |
Both MDST and WEEI are actively managed funds, designed to provide advisors and investors with a robust solution for generating high distributable monthly income, combining dividend yield (distributions paid from the Fund’s net investment income) and options premiums from covered calls, while also offering the potential for equity appreciation within the energy sector.
Launched April 8, 2024, MDST seeks to deliver current income and capital appreciation by investing in midstream energy companies, defined as companies and master limited partnerships (MLPs) that gather, transport, store and distribute crude oil, natural gas and other energy products. The fund combines dividend yield and options premiums from covered calls to target monthly income distributions. MDST currently has
WEEI, which launched April 30, 2024, offers broad exposure to energy companies, including upstream, downstream, oil service and integrated companies that operate in all phases of oil exploration, production, service and distribution. Like MDST, WEEI combines dividend yield and options premiums from covered calls to target monthly income distributions. WEEI currently has
Standardized Performance as of 12/31/24 | QTD | Since Inception | |
MDST Inception: April 8, 2024 | MDST Fund NAV (%) | ||
Expense ratio: | MDST Market Price (%) | ||
WEEI Inception: April 30, 2024 | WEEI Fund NAV (%) | - | - |
Expense ratio: | WEEI Market Price (%) | - | - |
Subsidized/Unsubsidized 30-Day Yield | |||
MDST | WEEI | ||
The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free (877) 386-3944.
NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times.
1The Annualized Distribution Rate shown is as of March 28, 2025. The Annualized Distribution Rate is the rate an investor would receive if the most recent distribution, which includes option premium income, remained the same going forward. The Annualized Distribution Rate is calculated by multiplying an ETF's Distribution per Share by twelve (12), and dividing the resulting amount by the ETF's most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The current months distribution is
More information on Westwood’s ETF offerings is available at westwoodetfs.com.
ABOUT WESTWOOD HOLDINGS GROUP, INC.
Westwood Holdings Group, Inc. is a focused investment management boutique and wealth management firm.
Founded in 1983, Westwood offers a broad array of investment solutions to institutional investors, private wealth clients and financial intermediaries. The firm specializes in several distinct investment capabilities: U.S. Value Equity, Multi-Asset, Energy & Real Assets, Income Alternatives, Tactical Absolute Return and Managed Investment Solutions, which are available through separate accounts, the Westwood Funds® family of mutual funds, exchange-traded funds (ETFs) and other pooled vehicles. Westwood benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Chicago, Houston and San Francisco.
For more information on Westwood, please visit westwoodgroup.com.
Westwood ETFs are distributed by Northern Lights Distributors, LLC (Member FINRA). Northern Lights Distributors and Westwood ETFs (or Westwood Holdings Group, Inc.) are separate and unaffiliated.
To determine if these Funds are an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund prospectus’, which may be obtained by calling 800.994.0755. Please read the prospectus carefully before investing.
The Funds are newly formed and have limited operating history.
The Fund’s investments are concentrated in the energy infrastructure industry with an emphasis on securities issued by MLPs, which may increase price fluctuation. The value of commodity-linked investments such as the MLPs and energy infrastructure companies (including midstream MLPs and energy infrastructure companies) in which the Fund invests are subject to risks specific to the industry they serve, such as fluctuations in commodity prices, reduced volumes of available natural gas or other energy commodities, slowdowns in new construction and acquisitions, a sustained reduced demand for crude oil, natural gas and refined petroleum products, depletion of the natural gas reserves or other commodities, changes in the macroeconomic or regulatory environment, environmental hazards, rising interest rates and threats of attack by terrorists on energy assets, each of which could affect the Fund’s profitability. Covered Call Strategy Risk: This risk arises when an investor holds a long position in a stock and simultaneously sells a call option against it. While this strategy can generate income, it limits potential upside gains if the stock price rises significantly above the strike price of the option. Options Risk/Flex Options Risk: This refers to the inherent risks associated with trading options, such as the risk of losing the entire premium paid for an option if it expires out-of-the-money. Flex options risk is a specific type of options risk that arises from the flexibility of flex options, which can be adjusted or exercised under certain conditions.
The SEC 30-Day Yield represents net investment income earned by the Fund over a 30-day period, expressed as an annual percentage rate based on the Fund's share price at the end of the 30-day period. 30-day SEC yield is a standardized calculation adopted by the SEC based on a 30-day period that helps investors compare funds using a consistent method of calculating yield. The subsidized yield includes the effect of any fee waivers or expense reimbursements, while the unsubsidized yield excludes these cost reductions, showing what the yield would be if the fund had to cover all expenses from its own income. Options Premiums is the price paid to purchase an option contract. Covered Call Option is a financial contract that gives the holder the right, but not the obligation, to buy a specific asset at a predetermined price (strike price) within a specified time period. Dividend Yield is a dividend expressed as a percentage of a current share price.
MLPs are subject to significant regulation and may be adversely affected by changes in the regulatory environment including the risk that an MLP could lose its tax status as a partnership. If an MLP were to be obligated to pay federal income tax on its income at the corporate tax rate, the amount of cash available for distribution would be reduced and such distributions received by the Fund would be taxed under federal income tax laws applicable to corporate dividends received (as dividend income, return of capital or capital gain). Investing in MLPs involves additional risks as compared to the risks of investing in common stock, including risks related to cash flow, dilution and voting rights. Such companies may trade less frequently than larger companies due to their smaller capitalizations, which may result in erratic price movement or difficulty in buying or selling. Additional management fees and other expenses are associated with investing in MLP funds. The tax benefits received by an investor investing in the Fund differs from that of a direct investment in an MLP by an investor. This document does not constitute an offering of any security, product, service or fund, including the Fund, for which an offer can be made only by the Fund’s prospectus. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.
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