DALLAS, May 06, 2026 (GLOBE NEWSWIRE) -- Westwood Holdings Group (WHG), a publicly-traded investment management boutique and wealth management firm, today announced monthly income distributions for Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST), Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI) and Westwood Enhanced Income Opportunity $(YLDW)$ as shown in the table below. Part of the Westwood Income Series ETFs, these deliver income from both dividends and options premiums to help provide monthly income distributions for investors.
Annualized
Distribution per Distribution
ETF Ticker ETF Share Rate(1)
---------------- ------------------- ------------------- ------------------
Westwood Salient
Enhanced
Midstream Income
(NYSE:MDST) ETF 0.225 9.4%
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Westwood Salient
Enhanced Energy
(NASDAQ:WEEI) Income ETF 0.225 11.2%
---------------- ------------------- ------------------- ------------------
Westwood Enhanced
Income
(NYSE: YLDW) Opportunity 0.148 7.1%
---------------- ------------------- ------------------- ------------------
MDST, WEEI and YLDW are actively managed funds, designed to help provide advisors and investors with robust investments for generating high distributable monthly income, combining dividend yield (distributions paid from the Fund's net investment income) and options premiums from covered calls, while also offering the potential for equity appreciation within the energy sector.
Launched April 8, 2024, MDST seeks to deliver current income and capital appreciation by investing in midstream energy companies, defined as companies and master limited partnerships (MLPs) that gather, transport, store and distribute crude oil, natural gas and other energy products. The fund combines dividend yield and options premiums from covered calls to target monthly income distributions. MDST currently has $242 million in net assets, as of April 29, 2026.
WEEI, which launched April 30, 2024, offers broad exposure to energy companies, including upstream, downstream, oil service and integrated companies that operate in all phases of oil exploration, production, service and distribution. Like MDST, WEEI combines dividend yield and options premiums from covered calls to target monthly income distributions. WEEI currently has $71 million in net assets as of April 29, 2026.
YLDW, which launched Dec. 11, 2025, seeks to provide current income and capital appreciation from a variety of asset classes including equities, investment grade corporate bonds, high yield bonds, convertible bonds, preferred securities and other income-oriented assets. YLDW currently has $23 million in net assets as of April 29, 2026.
Standardized Performance as of 3/31/26
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QTD 1 Year Since Inception
------------------ ------------------ -------- --------- -----------------
MDST Inception:
April 8, 2024
Expense Ratio:
0.80% Fund NAV (%) 12.85% 14.44% 18.84%
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Market Price (%) 11.81% 13.64% 18.54%
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WEEI Inception:
April 30, 2024
Expense Ratio:
0.85% Fund NAV (%) 19.05% 21.92% 13.20%
------------------ ------------------ -------- --------- -----------------
Market Price (%) 19.18% 21.82% 13.30%
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YLDW Inception:
Dec. 11, 2025
Expense Ratio:
0.79% Fund NAV (%) -0.46% -- -0.24%
------------------ ------------------ -------- --------- -----------------
Market Price (%) -0.74% -- -0.24%
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Subsidized/Unsubsidized 30-Day Yield
--------------------------------------
MDST 3.84%/3.84% WEEI 1.90%/1.90%
YLDW 2.77%/2.77%
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The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free (800) 994-0755.
NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times.
(1) The Annualized Distribution Rate shown is as of April 29, 2026. The Annualized Distribution Rate is the rate an investor would receive if the most recent distribution, which includes option premium income, remained the same going forward. The Annualized Distribution Rate is calculated by multiplying an ETF's Distribution per Share by twelve (12), and dividing the resulting amount by the ETF's most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The current months distribution is 100% return of capital $(ROC)$ for MDST and WEEI. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF's NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
More information on Westwood's ETF offerings is available at westwoodetfs.com.
ABOUT WESTWOOD HOLDINGS GROUP, INC.
Westwood Holdings Group $(WHG)$ is a boutique asset management firm that offers a diverse array of actively and passively-managed, outcome-oriented investment strategies, along with white-glove trust and wealth services, to institutional, intermediary and private wealth clients. For over 40 years, Westwood's client-first approach has fostered strong, long-term client relationships due to our unwavering commitment to delivering bespoke investment strategies with a vehicle-optimized approach, exceptional counsel and unparalleled client service. Our flexible and agile approach to investing allows us to adapt to constantly changing markets, while continually seeking innovative strategies that meet our investors' short- and long-term needs.
Our team at Westwood comes from varied backgrounds and life experiences, which reflects our origins as a woman-founded firm. We are committed to incorporating diverse insights and knowledge into all aspects of our services and solutions. Our culture and approach to our business reflect our core values-- integrity, reliability, responsiveness, adaptability, teamwork and driving results -- and underpin our constant pursuit of excellence.
For more information on Westwood, please visit westwoodgroup.com. YLDW is newly formed and has limited operating history.
Westwood ETFs are distributed by Northern Lights Distributors, LLC (Member FINRA). Northern Lights Distributors and Westwood ETFs (or Westwood Holdings Group, Inc.) are separate and unaffiliated.
To determine if these Funds are an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund prospectus', which may be obtained by calling 800.994.0755. Please read the prospectus carefully before investing.
The Fund's investments are concentrated in the energy infrastructure industry with an emphasis on securities issued by MLPs, which may increase price fluctuation. The value of commodity-linked investments such as the MLPs and energy infrastructure companies (including midstream MLPs and energy infrastructure companies) in which the Fund invests are subject to risks specific to the industry they serve, such as fluctuations in commodity prices, reduced volumes of available natural gas or other energy commodities, slowdowns in new construction and acquisitions, a sustained reduced demand for crude oil, natural gas and refined petroleum products, depletion of the natural gas reserves or other commodities, changes in the macroeconomic or regulatory environment, environmental hazards, rising interest rates and threats of attack by terrorists on energy assets, each of which could affect the Fund's profitability. Covered Call Strategy Risk: This risk arises when an investor holds a long position in a stock and simultaneously sells a call option against it. While this strategy can generate income, it limits potential upside gains if the stock price rises significantly above the strike price of the option. Options Risk/Flex Options Risk: This refers to the inherent risks associated with trading options, such as the risk of losing the entire premium paid for an option if it expires out-of-the-money. Flex
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