WESTWOOD HOLDINGS GROUP, INC. Westwood Holdings Group, Inc. launched the Westwood Salient Enhanced Midstream Income ETF. The fund is the first Westwood Exchange-Traded Fund (ETF). 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 ETF combines a high conviction, actively managed, energy-focused equity portfolio with an options overlay designed to produce enhanced income distributions for investors. MDST employs a proven fundamental approach to portfolio construction within the energy infrastructure sector, coupled with a disciplined options overlay that seeks to deliver improved risk-adjusted total returns and a significant amount of distributable income paid out monthly. Westwood is not aware of comparable ETFs in the Midstream sector.
