Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST),Westwood Salient Enhanced Energy Income ETF (WEEI) and Westwood Enhanced Income Opportunity (YLDW)

The current month’s distributions for MDST and WEEI consist entirely of return of capital.

Rhea-AI Summary

Westwood Holdings Group (WHG) announced monthly income distributions for three exchange-traded funds, combining dividend income and premiums from selling options. MDST and WEEI each distribute 0.225 per share, while YLDW distributes 0.180 per share. Their annualized distribution rates as of September 29, 2026, were 9.8%, 11.2% and 8.7%, respectively.

The current month’s MDST and WEEI distributions are 100% return of capital, rather than distributions solely from investment income. Distribution rates do not represent total returns. Through September 30, 2026, quarterly returns based on net asset value—the value of fund assets less liabilities—were -2.27% for MDST, 12.22% for WEEI and 0.31% for YLDW. One-year net asset value returns were 12.97% for MDST and 27.92% for WEEI; YLDW launched December 11, 2025.

Positive

• Minor pointMDST’s one-year net asset value return was 12.97% through September 30, 2026.
• Minor pointWEEI’s one-year net asset value return was 27.92% through September 30, 2026.
• Minor pointWEEI’s quarter-to-date net asset value return was 12.22% through September 30, 2026.
• Minor pointYLDW’s quarter-to-date net asset value return was 0.31% through September 30, 2026.
• Minor pointMDST’s net asset value return since inception was 14.69% through September 30, 2026.

2 minor points

• Minor pointWEEI’s net asset value return since inception was 12.11% through September 30, 2026.
• Minor pointYLDW’s net asset value return since inception was 5.68% through September 30, 2026.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.MDST and WEEI’s current monthly distributions are 100% return of capital, which may reduce fund value over time.
• Minor pointMDST’s quarter-to-date net asset value return was -2.27% through September 30, 2026.

News Explained

MDST and WEEI’s announced monthly distributions are 100% return of capital; the company says distributions that include return of capital may reduce a fund’s net asset value and trading price over time.

Key Figures

MDST distribution per share: $0.225/share MDST annualized distribution rate: 9.8% WEEI distribution per share: $0.225/share +4 more

MDST distribution per share

$0.225/share

Monthly distribution

MDST annualized distribution rate

9.8%

As of September 29, 2026

WEEI distribution per share

$0.225/share

Monthly distribution

WEEI annualized distribution rate

11.2%

As of September 29, 2026

YLDW distribution per share

$0.180/share

Monthly distribution

YLDW annualized distribution rate

8.7%

As of September 29, 2026

Return of capital

100% of the current month's distribution

MDST and WEEI

Historical Context

2 past events · Latest: Sep 02

2 events

1. Sep 02

   ETF distribution notice

   24h Move

   -1.0%

   MDST and WEEI distributions were $0.225 per share; YLDW was $0.183; MDST and WEEI were 100% return of capital.

2. Aug 05

   ETF distribution notice

   24h Move

   -0.6%

   MDST and WEEI distributions were $0.225 per share; YLDW was $0.181; MDST and WEEI were 100% return of capital.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

return of capital, covered calls, master limited partnerships, nav

4 terms

return of capital financial

"The current month’s distribution is 100% return of capital (ROC) for MDST and WEEI."

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

covered calls financial

"combining dividend yield ... and options premiums from covered calls"

A covered call is a financial strategy where an investor sells the right to buy their owned stock at a specific price within a certain time frame. This allows the investor to earn extra income from the stock they already own, especially if they believe the stock price will stay stable or rise slightly. It helps generate additional earnings while potentially limiting the upside if the stock's price increases significantly.

master limited partnerships financial

"companies and master limited partnerships (MLPs) that gather, transport, store"

Master limited partnerships are businesses that combine the tax advantages of a partnership with shares that trade on public markets, letting everyday investors buy units and collect regular cash distributions. They often operate in industries with steady, fee-like revenue (for example pipelines), so they can act like owning a rental that pays you income; investors care because MLPs are mainly used for predictable cash returns but can be sensitive to commodity prices and interest rates.

nav financial

"MDST Inception: April 8, 2024Expense Ratio: 0.80% | Fund NAV(%)"

Net asset value (NAV) is the total value of all the investments and assets in a fund or company, minus any debts or liabilities, divided by the number of shares or units outstanding. It represents the per-share worth, giving investors an idea of what each share is truly worth based on the underlying assets. Think of it like a company's total worth divided among its shares, helping investors assess whether a share is fairly priced.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

DALLAS, Oct. 12, 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.

ETF Ticker	ETF	Distribution per Share	Annualized Distribution Rate1
(NYSE:MDST)	Westwood Salient Enhanced Midstream Income ETF	0.225	9.8%
(NASDAQ:WEEI)	Westwood Salient Enhanced Energy Income ETF	0.225	11.2%
(NYSE: YLDW)	Westwood Enhanced Income Opportunity	0.180	8.7%

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 $287million in net assets, as of September 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 $106 million in net assets as of September 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 $41 million in net assets as of September 29, 2026.

Standardized Performance as of 9/30/26
		QTD		1 Year		Since Inception
MDST Inception: April 8, 2024 Expense Ratio: 0.80%	Fund NAV(%)	-2.27%		12.97%		14.69%
	Market Price (%)	-2.57%		13.14%		14.78%
WEEI Inception: April 30, 2024 Expense Ratio: 0.85%	Fund NAV(%)	12.22%		27.92%		12.11%
	Market Price (%)	12.48%		28.25%		12.26%
YLDW Inception: Dec. 11, 2025 Expense Ratio: 0.79%	Fund NAV(%)	0.31%		--		5.68%
	Market Price (%)	0.47%		--		5.89%
Subsidized/Unsubsidized 30-Day Yield
MDST 3.69%/3.69% WEEI 1.76%/1.76% YLDW 2.32%/2.32%

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.

¹The Annualized Distribution Rate shown is as of September 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 month’s 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 WESTWOODHOLDINGSGROUP, INC.

Westwood Holdings Group (NYSE: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 options risk is a specific type of options risk that arises from the flexibility of flex options, which can be adjusted or exercised under certain conditions.

The SEC 30-Day Yield represents net investment income earned by the Fund over a 30-day period, expressed as an annual percentage rate based on the Fund's share price at the end of the 30-day period. 30-day SEC yield is a standardized calculation adopted by the SEC based on a 30-day period that helps investors compare funds using a consistent method of calculating yield. The subsidized yield includes the effect of any fee waivers or expense reimbursements, while the unsubsidized yield excludes these cost reductions, showing what the yield would be if the fund had to cover all expenses from its own income. Options Premiums is the price paid to purchase an option contract. Covered Call Option is a financial contract that gives the holder the right, but not the obligation, to buy a specific asset at a predetermined price (strike price) within a specified time period. Dividend Yield is a dividend expressed as a percentage of a current share price.

MLPs are subject to significant regulation and may be adversely affected by changes in the regulatory environment including the risk that an MLP could lose its tax status as a partnership. If an MLP were to be obligated to pay federal income tax on its income at the corporate tax rate, the amount of cash available for distribution would be reduced and such distributions received by the Fund would be taxed under federal income tax laws applicable to corporate dividends received (as dividend income, return of capital or capital gain). Investing in MLPs involves additional risks as compared tothe risks of investing in common stock, including risks related to cash flow, dilution and voting rights. Such companies may trade less frequently than larger companies due to their smaller capitalizations, which may result in erratic price movement or difficulty in buying or selling. Additional management fees and other expenses are associated with investing in MLP funds. The tax benefits received by an investor investing in the Fund differs from that of a direct investment in an MLP by an investor. This document does not constitute an offering of any security, product, service or fund, including the Fund, for which an offer can be made only by the Fund’s prospectus. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.

Media Contact: Tyler Bradford
Hewes Communications 212.207.9454
tyler@hewescomm.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What monthly distributions did Westwood announce for MDST, WEEI and YLDW?

The monthly distributions are 0.225 per share for both MDST and WEEI and 0.180 per share for YLDW. Their annualized distribution rates as of September 29, 2026, were 9.8%, 11.2% and 8.7%, respectively.

How does Westwood calculate the annualized distribution rates for MDST, WEEI and YLDW?

The annualized distribution rate multiplies the most recent distribution per share by twelve and divides that amount by the fund’s most recent net asset value. It assumes the latest distribution, including option premium income, remains unchanged going forward. It is not a measure of total return.

What were the 30-day yields for Westwood’s MDST, WEEI and YLDW funds?

The subsidized and unsubsidized 30-day yields were both 3.69% for MDST, 1.76% for WEEI and 2.32% for YLDW in the performance table dated September 30, 2026. This standardized yield measures net investment income earned over a 30-day period, expressed as an annual percentage rate.