AMNA vs. MDST ETF Comparison
Comparison of ETRACS Alerian Midstream Energy Index ETN (AMNA) to Westwood Salient Enhanced Midstream Income ETF (MDST)
AMNA
ETRACS Alerian Midstream Energy Index ETN
AMNA Description
The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Index, subject to a Daily Tracking Fee. The index is a broad based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities. Investing in the Securities involves significant risks.
Grade (RS Rating)
Last Trade
$44.11
Average Daily Volume
210
Number of Holdings
*
11
* may have additional holdings in another (foreign) market
MDST
Westwood Salient Enhanced Midstream Income ETF
MDST Description
MDST invests North American midstream investments while employing a covered call strategy. The actively managed fund targets investment grade, midstream securities from the US and Canada that include companies engaged in the energy infrastructure industry and ancillary businesses. The fund may directly invest up to 25% in US MLPs that are publicly traded and treated as partnerships for federal income tax purposes. The fund employs a bottom-up, research-driven selection process with emphasis on opportunities and growth prospects. In addition, the advisor maintains proprietary business valuation models and analyzes various fundamental and technical factors. To enhance income, the fund writes call options on securities held within the portfolio. It may also use standardized exchange-traded and FLEX options. The fund expects returns from the distribution yield, covered call premiums, cash distribution growth, and potential price appreciation. Single securities are capped at 15%.Grade (RS Rating)
Last Trade
$25.15
Average Daily Volume
26,701
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
Performance
Period | AMNA | MDST |
---|---|---|
30 Days | 3.66% | 0.57% |
60 Days | 5.57% | 2.53% |
90 Days | 5.51% | |
12 Months | 26.11% |
1 Overlapping Holdings
Symbol | Grade | Weight in AMNA | Weight in MDST | Overlap | |
---|---|---|---|---|---|
KMI | B | 9.34% | 7.51% | 7.51% |
AMNA: Top Represented Industries & Keywords
Industries:
Oil & Gas Midstream
Banks - Regional - US
Oil & Gas E&P
Oil & Gas Pipelines
Oil & Gas Refining & Marketing
Keywords:
Natural Gas
Petroleum Industry
Crude Oil
Midstream
Natural Gas Liquids
Industrial Gases
Natural Gas Processing
Oil Pipeline
Crude Oil Pipeline
Energy Industry
Energy Services
Energy Transportation
Fuel
Gas Gathering
Gas Pipeline
Gas Producer
Hydrocarbons
Liquefied Natural Gas
Natural Gas Pipeline
Natural Gas Producer
MDST: Top Represented Industries & Keywords
Industries:
Oil & Gas Midstream
Keywords:
Natural Gas
Crude Oil
Natural Gas Liquids
Propane
Gas Pipeline
Natural Gas Storage
Petroleum Industry
S&P 500
Electric Utilities
Gas Gathering
Gas Storage Facilities
Gas Transmission
Midstream
Natural Gas Pipeline
Natural Gas Processing
Natural Gas Storage Facilities
Oil Pipeline
Petroleum Products
Refined Products
Carbon Dioxide