Westwood Salient Enhanced Midstream Income ETF (MDST)
| Assets | $148.48M |
| Expense Ratio | 0.80% |
| PE Ratio | 18.81 |
| Shares Out | 5.75M |
| Dividend (ttm) | $2.70 |
| Dividend Yield | 10.43% |
| Ex-Dividend Date | Sep 29, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 196.63% |
| Volume | 38,504 |
| Open | 25.75 |
| Previous Close | 25.80 |
| Day's Range | 25.70 - 25.96 |
| 52-Week Low | 23.24 |
| 52-Week High | 29.55 |
| Beta | n/a |
| Holdings | 88 |
| Inception Date | Apr 9, 2024 |
About MDST
Fund Home PageThe Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.
Top 10 Holdings
65.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Enbridge Inc. | ENB | 8.90% |
| The Williams Companies, Inc. | WMB | 8.51% |
| Energy Transfer LP | ET | 8.41% |
| Kinder Morgan, Inc. | KMI | 7.53% |
| Enterprise Products Partners L.P. | EPD | 6.55% |
| DT Midstream, Inc. | DTM | 5.19% |
| TC Energy Corporation | TRP | 5.19% |
| Pembina Pipeline Corporation | PPL | 5.06% |
| South Bow Corporation | SOBO | 4.97% |
| ONEOK, Inc. | OKE | 4.94% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.225 | Oct 2, 2025 |
| Aug 28, 2025 | $0.225 | Sep 2, 2025 |
| Jul 30, 2025 | $0.225 | Aug 4, 2025 |
| Jun 27, 2025 | $0.225 | Jul 2, 2025 |
| May 29, 2025 | $0.225 | Jun 3, 2025 |
| Apr 29, 2025 | $0.225 | May 5, 2025 |
Performance
MDST had a total return of 7.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.21%.
News
MDST: Active Midstream ETF, Double-Digit Distribution Yield, Below-Average Returns
MDST is an actively-managed, midstream energy ETF selling covered calls. MDST's 10.2% distribution yield is incredibly strong, but its covered call strategy caps upside and leads to underperformance i...
MDST: Get Steady High Income From This Midstream Energy ETF
MDST ETF offers high, steady monthly income from midstream energy assets, with a 10% yield and no K-1 tax forms for investors. The fund uses an active strategy with options overlays to enhance income ...
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