Westwood Holdings launched the Westwood Salient Enhanced Midstream Income ETF. The fund is the first Westwood Exchange-Traded Fund. MDST seeks to deliver current income and capital appreciation by investing in midstream energy companies, defined as companies and master limited partnerships 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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WHG:
- Westwood Launches First Exchange-Traded Fund: Westwood Salient Enhanced Midstream Income ETF (MDST)
- Susan M. Byrne to Become Director Emerita of the Westwood Holdings Group Board of Directors
- Westwood Holdings Announces Quarterly Cash Dividend Payout
- Westwood Holdings Group Reports Fourth Quarter and Full Year 2023 Results