MDST

Westwood Salient Enhanced Midstream Income ETF

$26.41
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Westwood Salient Enhanced Midstream Income ETF (MDST) seeks to provide a high level of current income and long-term capital appreciation by investing primarily in midstream energy infrastructure companies.

Overview

ETF tracking Westwood Salient Enhanced Midstream Income ETF

Category Mid Cap
Issuer Other
Inception Date 2024-04-09
Market Cap $143.3M
Average Volume N/A
Dividend Yield 8.52%
52-Week Range $24.15 - $28.81
VWAP $26.20

Performance

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Investment Summary

📎 Investment Objective

The Westwood Salient Enhanced Midstream Income ETF (MDST) seeks to provide a high level of current income and long-term capital appreciation by investing primarily in midstream energy infrastructure companies.

🎯 Investment Strategy

The fund invests in a portfolio of midstream energy companies, which are involved in the transportation, storage, and processing of oil, natural gas, and other energy commodities. The portfolio is actively managed, with the goal of generating attractive income and potential capital appreciation over the long term.

✨ Key Features

  • Focuses on the midstream energy sector, which includes pipeline, storage, and processing companies
  • Actively managed portfolio aiming to optimize income and total return potential
  • Diversified exposure to the midstream energy industry
  • Potential for higher income compared to broader energy or equity indexes

⚠️ Primary Risks

  • Exposure to the volatile energy and commodity markets
  • Potential for fluctuations in the value of the underlying holdings
  • Concentration risk as the fund is focused on the midstream energy sector
  • Liquidity risk due to the fund's small asset size and trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to the midstream energy sector and the potential for higher income, as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the volatility inherent in the energy industry.