Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST) and Westwood Salient Enhanced Energy Income ETF (WEEI)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
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Source: Globenewswire
Monthly Income Distributions Announced: Westwood Holdings Group has announced monthly income distributions for its ETFs, the Westwood Salient Enhanced Midstream Income ETF (MDST) and the Westwood Salient Enhanced Energy Income ETF (WEEI), both providing double-digit income rates to investors.
Investment Strategies and Performance: Both ETFs are actively managed, focusing on generating high distributable monthly income through dividends and options premiums, with MDST targeting midstream energy companies and WEEI offering broad exposure to various energy sectors.
Analyst Views on WEEI
Wall Street analysts forecast WEEI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WEEI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.387
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Current: 22.387
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
