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].