Westwood Salient Enhanced Midstream Income ETF (MDST)
| Assets | $216.05M |
| Expense Ratio | 0.80% |
| PE Ratio | 19.38 |
| Shares Out | 7.70M |
| Dividend (ttm) | $2.70 |
| Dividend Yield | 9.39% |
| Ex-Dividend Date | Feb 26, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 182.03% |
| Volume | 46,401 |
| Open | 29.00 |
| Previous Close | 28.63 |
| Day's Range | 28.61 - 29.00 |
| 52-Week Low | 23.24 |
| 52-Week High | 29.00 |
| Beta | n/a |
| Holdings | 113 |
| 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
66.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Enbridge Inc. | ENB | 9.07% |
| The Williams Companies, Inc. | WMB | 8.78% |
| Energy Transfer LP | ET | 8.72% |
| Enterprise Products Partners L.P. | EPD | 7.29% |
| Kinder Morgan, Inc. | KMI | 6.63% |
| DT Midstream, Inc. | DTM | 6.28% |
| ONEOK, Inc. | OKE | 5.06% |
| Targa Resources Corp. | TRGP | 4.99% |
| TC Energy Corporation | TRP | 4.92% |
| Antero Midstream Corporation | AM | 4.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 26, 2026 | $0.225 | Mar 3, 2026 |
| Jan 29, 2026 | $0.225 | Feb 3, 2026 |
| Jan 5, 2026 | $0.225 | Jan 9, 2026 |
| Nov 26, 2025 | $0.225 | Dec 1, 2025 |
| Oct 30, 2025 | $0.225 | Nov 4, 2025 |
| Sep 29, 2025 | $0.225 | Oct 6, 2025 |
Performance
MDST had a total return of 21.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.07%.
News
Westwood Enhanced Income Series™ ETF Platform Surpasses $250 Million in Assets
DALLAS, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Westwood Holdings Group (NYSE: WHG), a leading boutique asset manager, today announced the Westwood Enhanced Income Series™ ETFs, a key component of Westwood'...
Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI)
DALLAS, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Westwood Holdings Group (WHG), a publicly-traded investment management boutique and wealth management firm, today announced monthly income distributions for W...
MDST: Interesting Strategy, But Limited Appeal For Most Income Investors
The Westwood Salient Enhanced Midstream Income ETF delivers a 10.46% yield, outpacing peer midstream funds because of a covered call strategy. MDST's covered call approach boosts income but sacrifices...
MDST: High Yield, But Suffers In Rising Markets
The Westwood Salient Enhanced Midstream Income ETF offers a 10.43% yield, outpacing most midstream energy ETFs and many CEFs. MDST achieves its high yield by writing out-of-the-money covered calls, bo...
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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