newsfilter
← Latest News
GlobeNewswire·

Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI)

MDSTWEEIWHG
  • Westwood Holdings Group announced monthly income distributions for the Westwood Salient Enhanced Midstream Income ETF (MDST) and the Westwood Salient Enhanced Energy Income ETF (WEEI).
  • MDST paid $0.225 per share, reflecting an annualized distribution rate of 10.1%.
  • WEEI paid $0.225 per share, reflecting an annualized distribution rate of 12.7%.
  • Both funds generate income through dividends & options premiums from covered call strategies to target high distributable monthly income.
  • The current month's distribution for both MDST & WEEI is 100% return of capital.
  • MDST invests in midstream energy companies & MLPs, has $150 million in net assets as of September 29, 2025, & an expense ratio of 0.80%.
  • WEEI invests in upstream, downstream, oil service, & integrated energy companies, has $28 million in net assets as of September 29, 2025, & an expense ratio of 0.85%.
  • Standardized performance as of June 30, 2025, shows MDST with a 1-year NAV return of 18.34% & WEEI with a 1-year NAV return of -1.93%.
  • The 30-day SEC yield is 3.99% for MDST & 2.57% for WEEI.
  • Both funds launched in April 2024, with MDST on April 8 & WEEI on April 30.
  • Risks include commodity price fluctuations, regulatory changes affecting MLPs, limited upside potential from the covered call strategy, & the possibility that current distribution rates are not sustainable.