MDSTWestwood Salient Enhanced Midstream Income ETF
Seeks current income and capital appreciation.
By Westwood · Launched 2024
0.80%
#4,355 of 5,854 · expensive
$271M
#2,105 of 5,854 · mid-size
+21.5%
2 years
#3,435 of 5,854 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 66.1% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- New York Stock Exchange
Full fund details
- Objective
- Seeks current income and capital appreciation.
- Strategy
- Actively manages a portfolio primarily invested in securities of Midstream North American corporations and U.S. master limited partnerships, engaging in covered call writing to generate income. Aims for capital appreciation through investments in Midstream Energy Infrastructure.
- Inception date
- April 8, 2024
- Fund family
- Westwood
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-03