ATLASWestwood Salient Enhanced Midstream Income ETF (MDST): outlook, holdings and fees
Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund and is managed by Westwood. The expense ratio is 0.81% and the yield is 10.30%. The ten largest holdings are 59% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on MDST
| Last price | $29.44 (-0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $28.77 – $30.40 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 10.30% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
MDST fund facts
| Issuer | Westwood |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $305M |
| Expense ratio | 0.81% |
| Number of holdings | 23 |
| Inception | Apr 8, 2024 |
| Exchange | NYSE |
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs"). The fund is non-diversified.
MDST top holdings
| Holding | Sector | Weight |
|---|---|---|
| Williams Companies Inc WMB | Energy | 8.80% |
| Enbridge Inc ENB | Energy | 7.67% |
| Enterprise Products Partners LP EPD | Energy | 6.47% |
| Kinder Morgan Inc KMI | Energy | 5.68% |
| DT Midstream Inc DTM | Energy | 5.48% |
| Cheniere Energy Inc LNG | Energy | 5.64% |
| Targa Resources Inc TRGP | Energy | 5.16% |
| Plains GP Holdings LP PAGP | Energy | 4.70% |
| MPLX LP MPLX | Energy | 4.87% |
| Antero Midstream Partners LP AM | Energy | 4.42% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
MDST sector breakdown
| Sector | Weight |
|---|---|
| Energy | 100.0% |
By region: North America 100.0%.
MDST returns and risk
| Year to date | +18.0% |
|---|---|
| 1 year | +21.5% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
MDST: frequently asked questions
What does MDST invest in?
Westwood Salient Enhanced Midstream Income ETF invests in a portfolio of securities. Its largest holdings are Williams Companies Inc (8.8%), Enbridge Inc (7.7%), Enterprise Products Partners LP (6.5%), Kinder Morgan Inc (5.7%), DT Midstream Inc (5.5%).
What is the MDST expense ratio?
0.81% a year: about $81.00 for every $10,000 invested.
What is the MDST dividend yield?
10.30%. ATLAS does not hold the exact distribution dates for ETFs.
Will MDST go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $28.77 to $30.40 from $29.44 today. It is a probability, not a prediction.
How has MDST performed?
Year to date +18.0%, one year +21.5%. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer