Westwood Salient MLP & Engy Infras C (SMFPX)
| Fund Assets | 1.28B |
| Expense Ratio | 2.13% |
| Min. Investment | $2,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.46% |
| Dividend Growth | -4.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Aug 15, 2025 |
| Previous Close | 10.30 |
| YTD Return | 1.91% |
| 1-Year Return | 12.77% |
| 5-Year Return | 132.87% |
| 52-Week Low | 9.28 |
| 52-Week High | 11.37 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Jan 8, 2013 |
About SMFPX
Westwood Salient MLP & Energy Infrastructure Fund C Class Shares is an open-end mutual fund primarily targeting total return through a combination of capital appreciation and income. The fund invests at least 80% of its assets in the securities of master limited partnerships (MLPs) and energy infrastructure companies. These holdings focus on businesses involved in the full spectrum of energy development, including exploring, producing, transporting, storing, processing, and marketing energy commodities such as natural gas, crude oil, and refined products. The fund emphasizes exposure to midstream energy assets, a segment known for its pivotal role in connecting energy supply with end users. By concentrating investments in the energy infrastructure sector, particularly MLPs, the fund seeks to benefit from income-generating characteristics and the long-term growth associated with North American energy logistics and distribution. Its strategy positions the fund as a specialized vehicle within the broader equity and income landscape, catering to investors seeking participation in the energy value chain through listed partnership structures and infrastructure operators.
Performance
SMFPX had a total return of 12.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Top 10 Holdings
60.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Energy Transfer LP | ET | 9.54% |
| DT Midstream, Inc. | DTM | 7.34% |
| Kinder Morgan, Inc. | KMI | 7.19% |
| The Williams Companies, Inc. | WMB | 6.93% |
| Cheniere Energy, Inc. | LNG | 6.16% |
| Targa Resources Corp. | TRGP | 5.10% |
| TC Energy Corporation | TRP | 5.04% |
| Enterprise Products Partners L.P. | EPD | 4.63% |
| MPLX LP | MPLX | 4.57% |
| Enbridge Inc. | ENB | 4.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 15, 2025 | $0.0888 | Aug 18, 2025 |
| May 15, 2025 | $0.0888 | May 16, 2025 |
| Feb 14, 2025 | $0.0893 | Feb 18, 2025 |
| Nov 15, 2024 | $0.0899 | Nov 18, 2024 |
| Aug 16, 2024 | $0.0898 | Aug 19, 2024 |
| May 15, 2024 | $0.0943 | May 16, 2024 |