Welcome to our dedicated page for Westwood Hldgs news (Ticker: WHG), a resource for investors and traders seeking the latest updates and insights on Westwood Hldgs stock.
Westwood Holdings Group, Inc. (NYSE: WHG) is a focused investment management boutique and wealth management firm whose news flow reflects developments across its advisory, trust, mutual fund, ETF and private fund platforms. As a boutique asset management firm, Westwood regularly reports on its actively managed, outcome-oriented investment strategies and white-glove trust and wealth services for institutional, intermediary and private wealth clients.
News about Westwood often centers on quarterly earnings releases, which detail advisory and trust fee revenues, assets under management and advisement, and the performance of key strategies such as Income Opportunity, Multi-Asset Income, Alternative Income, Credit Opportunities, Real Estate Income and Tactical Growth. These updates provide insight into how the firm’s advisory and trust segments are performing and how its diversified platform is evolving over time.
Another recurring theme in WHG news is the firm’s activity in energy and real assets. Westwood has highlighted that it manages significant public and private energy investments and has developed an energy secondaries platform, including the Westwood Energy Secondaries Fund II and related co-investment funds. Press releases describe capital raising milestones, deployment of capital into energy-focused secondary and continuation fund opportunities, and the firm’s relationships with energy private equity sponsors.
Westwood’s news stream also features announcements related to its exchange-traded funds, including the Westwood Salient Enhanced Midstream Income ETF (MDST) and the Westwood Salient Enhanced Energy Income ETF (WEEI). These releases typically cover monthly income distributions, standardized performance data and strategy descriptions, such as the use of dividend yield and covered call options to target monthly income distributions in the energy sector.
In addition, WHG appears in partnership announcements, such as its operational and distribution support role for WEBs Investments’ Defined Volatility ETF suite. Investors and observers who follow WHG news can track earnings results, fund launches and closes, ETF distribution announcements and strategic partnerships in one place, making this news feed a useful reference for understanding how Westwood’s advisory, trust, ETF and private fund businesses are developing.
Westwood Holdings Group (WHG) announced monthly income distributions for two ETFs: Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI). MDST, launched April 8, 2024, provides a 9.7% annualized distribution rate with $79 million in net assets. WEEI, launched April 30, 2024, offers a 12.1% annualized distribution rate with $14 million in net assets.
Both actively managed ETFs combine dividend yield and options premiums from covered calls to generate monthly income. MDST focuses on midstream energy companies, while WEEI provides broad exposure to energy companies. As of December 31, 2024, MDST showed positive performance with 16.31% return since inception (NAV), while WEEI showed -4.22% return since inception (NAV).
Westwood Holdings Group (NYSE:WHG) has announced it will release its fourth quarter and fiscal year 2024 earnings after the NYSE closes on Wednesday, February 12, 2025. The company will host a live audio webcast and conference call at 4:30 PM ET (3:30 PM CT) following the release.
Founded in 1983, Westwood is a focused investment management boutique and wealth management firm offering various investment solutions including U.S. Value Equity, Multi-Asset, Energy & Real Assets, Income Alternatives, Tactical Absolute Return, and Managed Investment Solutions. These services are available through separate accounts, Westwood Funds® mutual funds, ETFs, and other pooled vehicles.
The company maintains offices in Dallas, Chicago, Houston, and San Francisco, and features significant employee ownership.
Westwood Holdings Group (WHG) has announced monthly income distributions for two ETFs: Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI). MDST, launched April 8, 2024, with $75 million in net assets, offers a 9.9% annualized distribution rate. WEEI, launched April 30, 2024, with $14 million in net assets, provides a 12.3% annualized distribution rate.
Both actively managed ETFs combine dividend yields and options premiums from covered calls to generate monthly income. MDST focuses on midstream energy companies and has shown strong performance with 16.31% returns since inception. WEEI, which provides exposure to various energy sector companies, has experienced a decline of -4.22% since inception. The current month's distribution is 100% return of capital for MDST and 23.15% ROC for WEEI.
WEBs Investments and Westwood Holdings Group (NYSE: WHG) have launched two new ETFs: the WEBs Defined Volatility℠ SPY ETF (DVSP) and WEBs Defined Volatility℠ QQQ ETF (DVQQ). These innovative funds use a dynamic, rules-based strategy to adjust market exposure based on real-time volatility.
The ETFs track the Syntax Defined Volatility℠ indices and employ total return swaps during low-volatility periods to enhance returns, while shifting to cash and U.S. Treasuries during high-volatility periods to minimize losses. The strategy offers uncapped upside potential to SPY and QQQ while aiming to provide portfolio stability and dividend income.
This launch represents WEBs' initial product suite, developed by ETF industry veterans led by Ben Fulton, and expands Westwood's ETF platform through their strategic partnership.
Westwood Holdings Group (WHG) has announced monthly income distributions for its two ETFs: Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST) and Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI). Both ETFs provide double-digit income from dividends and options premiums. MDST offers a distribution per share of $0.225 with an annualized distribution rate of 9.8%, while WEEI offers the same per share distribution with an annualized rate of 11.4%.
MDST, launched on April 8, 2024, invests in midstream energy companies and has net assets of $57 million. WEEI, launched on April 30, 2024, targets broader energy sector exposure with net assets of $14 million. Performance data as of 9/30/24 shows MDST with a NAV return of 8.18% since inception and an expense ratio of 0.80%. WEEI, however, shows a NAV return of -2.50% since inception and an expense ratio of 0.85%.
Distributions include return of capital, which may lower the ETF’s NAV and trading price over time. Investors should note that past performance is not indicative of future results.
Westwood Holdings Group (WHG) announced monthly income distributions for two ETFs: Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI). Both ETFs provide monthly income through dividends and options premiums, with current annualized distribution rates of 10.4% for MDST and 12.0% for WEEI. MDST, launched April 8, 2024, focuses on midstream energy companies with $57 million in net assets. WEEI, launched April 30, 2024, offers broad energy sector exposure with $14 million in net assets. As of September 30, 2024, MDST showed positive performance since inception (NAV: 8.18%), while WEEI experienced negative returns (NAV: -2.50%).
Westwood Holdings Group (NYSE: WHG) reported Q3 2024 results with firmwide assets under management reaching $17.7 billion, their highest level in 6 years. Quarterly revenues increased to $23.7 million, up from $22.7 million in Q2 and $21.9 million year-over-year. The company reported comprehensive income of $0.1 million, compared to a loss of $2.2 million in Q2. Non-GAAP Economic Earnings were $1.1 million. The company held $48.3 million in cash and declared a $0.15 per share dividend. WHG announced a partnership with ETF pioneer Ben Fulton to develop new ETF strategies through Westwood Engineered Beta (WEBs).
Westwood Holdings Group (NYSE: WHG) has partnered with ETF veteran Ben Fulton to expand its ETF platform through a new venture called WEBs Investments Inc. (Westwood Engineered Beta). Westwood will invest in WEBs, providing distribution resources and administrative support, with an option to acquire the entity upon reaching growth milestones. Fulton, who grew Invesco's PowerShares ETF platform from $200M to $80B during 2005-2013, brings nearly 30 years of ETF industry experience. The partnership aims to develop innovative ETF strategies, building on Westwood's recent launch of two Energy ETFs in Q2. The WEBs team includes three of Fulton's former colleagues, collectively bringing over 75 years of ETF experience.
Westwood Holdings Group, Inc. (NYSE:WHG) has announced its upcoming third quarter 2024 earnings release and conference call. The company will release its Q3 2024 earnings after the NYSE closes on Wednesday, October 30, 2024. Following this, Westwood will host a live audio webcast and conference call at 4:30 pm Eastern Time (3:30 pm Central Time).
To participate in the conference call, interested parties must register through a provided link to receive a personalized PIN. A webcast link is also available for those who prefer to listen via the internet. Westwood Holdings Group, founded in 1983, is a focused investment management boutique and wealth management firm offering a range of investment solutions to institutional investors, private wealth clients, and financial intermediaries.
Westwood Holdings Group (WHG) announced monthly income distributions for two of its Exchange-Traded Funds (ETFs): Westwood Salient Enhanced Midstream Income ETF (NYSE: MDST) and Westwood Salient Enhanced Energy Income ETF (NASDAQ: WEEI). Both ETFs are designed to provide high distributable monthly income through a combination of dividend yield and options premiums from covered calls.
Key points:
- MDST's distribution per share: $0.225, with a 10.5% annualized distribution rate
- WEEI's distribution per share: $0.225, with a 12.0% annualized distribution rate
- MDST, launched on April 8, 2024, focuses on midstream energy companies and has $54 million in net assets
- WEEI, launched on April 30, 2024, offers broad exposure to energy companies and has $14 million in net assets
- Both ETFs are actively managed and aim to provide income and potential capital appreciation
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