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Westwood Holdings Group announced that its Westwood Salient Enhanced Midstream Income ETF (MDST) has surpassed $100 million in assets under management, just over a year after its launch. The Fund's success reflects the growing demand for innovative income solutions and validates its strategy of providing a steady income stream through a covered-call strategy and exposure to the midstream energy sector. With an annualized distribution rate of 10.2...
06-25 20:10
Westwood Holdings Group announced monthly income distributions for its ETFs, MDST and WEEI, offering double-digit returns. These ETFs combine dividend yields and options premiums to provide monthly income, targeting high distributable income. MDST focuses on midstream energy companies, while WEEI invests in diverse energy sectors. As of May 2025, MDST has $92 million in assets with a 10.2% annualized rate, and WEEI has $16 million with a 13.5% ra...
06-09 12:00
Goldman Sachs analyst shares views on Kinder Morgan's Q1 earnings, with revenue miss and weaker product performance, but reaffirmed EBITDA outlook and strong demand signals.
04-18 03:04
Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced M...
2024-06-03 20:00
Kinder Morgan reportedly acquires oil and gas assets in West Texas and plans to use carbon capture incentives to increase output. Stock exposure via MDST and TPYP.
2024-05-23 23:15