Westwood Holdings Group, a leading investment management boutique and wealth management firm, has recently announced the monthly income distributions for two of its exchange-traded funds (ETFs), Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI). These ETFs provide investors with a unique opportunity to generate high distributable monthly income.
Both MDST and WEEI are actively managed funds that combine dividend yield and options premiums from covered calls to target significant monthly income distributions. These strategies have been delivering double-digit income to investors, making them an attractive choice for those seeking regular income.
MDST, launched on April 9, 2024, focuses on midstream energy companies, including master limited partnerships (MLPs), that are involved in the gathering, transportation, storage, and distribution of crude oil, natural gas, and other energy products. With $43 million in net assets as of July 30, 2024, MDST aims to deliver current income and capital appreciation.
WEEI, launched on May 1, 2024, offers broad exposure to energy companies involved in all phases of oil exploration, production, service, and distribution. This includes upstream, downstream, oil service, and integrated companies. WEEI currently has $13 million in net assets as of July 30, 2024.
Both ETFs have been designed to provide advisors and investors with a robust solution for generating high monthly income while also offering the potential for equity appreciation within the energy sector. The combination of dividend yield and options premiums from covered calls allows these funds to target significant monthly income distributions.
Investors should note that past performance is not indicative of future results, and the value of investments may fluctuate. It is important to carefully consider the investment objectives, risks, charges, and expenses before investing in these funds.
For more information on Westwood’s ETF offerings, please visit westwoodetfs.com. Westwood Holdings Group, Inc., founded in 1983, is a focused investment management boutique and wealth management firm that offers a broad array of investment solutions to institutional investors, private wealth clients, and financial intermediaries. The firm specializes in several distinct investment capabilities, including U.S. Value Equity, Multi-Asset, Energy & Real Assets, Income Alternatives, Tactical Absolute Return, and Managed Investment Solutions.
Westwood Holdings Group benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol ‘WHG.’ With offices in Dallas, Chicago, Houston, and San Francisco, Westwood is well-positioned to serve its clients and provide innovative investment solutions.