Core Insights - Westwood Holdings Group's Westwood Salient Enhanced Midstream Income ETF (MDST) has surpassed $100 million in assets under management, indicating strong investor engagement and confidence in the fund's strategy [1][4][5] - The fund has achieved an annualized distribution rate of 10.2%, distributed monthly, reflecting its objective of providing a steady income stream [2][7] - MDST employs a covered-call strategy to enhance income through options premiums, targeting the midstream energy sector, which is characterized by stability and strong cash flows [3][4] Company Overview - Westwood Holdings Group is a boutique asset management firm that offers a range of actively-managed investment strategies and wealth services to various client segments [10] - The firm emphasizes a client-first approach, aiming to build long-term relationships through tailored investment strategies and exceptional service [10][11] Fund Performance - As of March 31, 2025, MDST reported a net asset value (NAV) return of 22.95% since inception, with a market price return of 23.19% [5] - The fund has an expense ratio of 0.80%, indicating a relatively low cost structure for investors [5] Investment Strategy - MDST focuses on providing targeted exposure to midstream energy infrastructure, allowing investors to benefit from cash flow strength while managing risk through its investment approach [3][4] - The fund's structure is designed to be tax-efficient, avoiding the need for investors to file a K-1, which is typically required for investments in master limited partnerships (MLPs) [4][19]

Core Viewpoint - Westwood Holdings Group celebrates the one-year anniversary of the Westwood Salient Enhanced Energy Income ETF (WEEI), which has achieved an annualized distribution rate of 11.9% as of March 28, 2025, indicating strong investor demand for income-focused investment solutions [1][2][3]. Company Overview - Westwood Holdings Group (NYSE: WHG) is a boutique asset management firm that provides a range of actively-managed investment strategies and wealth services to various clients, emphasizing a client-first approach and innovative investment solutions [7][8]. Fund Performance - WEEI has delivered a year-to-date net asset value (NAV) performance of 8.63% and a market price performance of 8.86% since its inception on April 30, 2024, with an expense ratio of 0.85% [4]. - The fund's structure aims to provide tax efficiency, transparency, and accessibility, aligning with Westwood's commitment to investor-focused strategies [3]. Investment Strategy - WEEI employs a covered-call strategy to enhance income, allowing investors to benefit from the cash flow generation of energy companies while also gaining additional yield through options premiums [2][3]. - The fund targets the energy sector, contrasting with its sister ETF, the Westwood Salient Enhanced Midstream Income ETF (MDST), which focuses on the midstream segment [2][3]. Market Position - WEEI has resonated with advisors and investors seeking reliable income solutions in a dynamic market environment, reflecting strong demand for income-generating investment options [2][3]. - The fund's performance and strategy have positioned it as a valuable tool for income-focused investors across various market cycles [3].

Westwood Holdings Group (WHG) Q4 2024 Earnings Call February 12, 2025 04:30 PM ET Company Participants Brian Casey - President & Chief Executive OfficerTerry Forbes - Chief Financial Officer Operator I would now like to hand the conference over to your speaker today, Brian Casey, CEO. None Thank you, and welcome to our fourth quarter twenty twenty four earnings conference call. The following discussion will include forward looking statements that are subject to known and unknown risks, uncertainties and oth ...