Core Viewpoint - Westwood Holdings Group has launched the Westwood Enhanced Income Opportunity ETF (YLDW), expanding its income-generating ETF offerings and leveraging a covered-call options strategy to enhance income potential [1][3]. Company Overview - Westwood Holdings Group (NYSE: WHG) is a boutique asset management firm with over 40 years of experience, providing a range of actively and passively-managed investment strategies to institutional and private wealth clients [7]. - The firm emphasizes a client-first approach, focusing on delivering customized investment strategies and exceptional client service [7][8]. Product Details - YLDW is designed for investors seeking consistent and diversified current income with potential for capital appreciation, utilizing a disciplined multi-asset allocation approach combined with strategic covered-call overlays [2][10]. - The ETF aims to provide flexibility across multiple asset classes while maintaining the transparency and liquidity characteristic of ETFs [2]. Strategic Importance - The launch of YLDW is a significant milestone for Westwood, marking the first multi-asset strategy to join the Enhanced Income Series™ ETFs, reinforcing the firm's commitment to innovation in investment solutions [3][4]. - YLDW joins existing ETFs in the Enhanced Income Series™, such as the Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI), highlighting Westwood's position as an innovative provider of income-focused ETFs [4]. Key Benefits - The ETF offers potential for meaningful monthly income distributions, exposure to multiple asset classes for volatility management, and broader total-return opportunities within a transparent ETF structure [10].