MDST vs. UMI ETF Comparison
Comparison of Westwood Salient Enhanced Midstream Income ETF (MDST) to USCF Midstream Energy Income Fund (UMI)
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
$27.91
Average Daily Volume
16,630
18
UMI
USCF Midstream Energy Income Fund
UMI Description
The investment seeks a high level of current income; as a secondary objective, the fund seeks capital appreciation. The fund will seek to achieve its investment objectives by investing, under normal market conditions, at least 80% of its net assets in equity securities of U.S. and Canadian companies of any market capitalization deemed by the Sub-Adviser to be engaged in the midstream energy sector. It will invest more than 25% of the value of its total assets in the energy, oil, and gas industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$53.50
Average Daily Volume
16,727
16
Performance
| Period | MDST | UMI |
|---|---|---|
| 30 Days | 7.19% | 11.25% |
| 60 Days | 8.50% | 16.21% |
| 90 Days | 9.98% | 19.24% |
| 12 Months | 49.28% |
15 Overlapping Holdings
| Symbol | Grade | Weight in MDST | Weight in UMI | Overlap | |
|---|---|---|---|---|---|
| AM | A | 4.73% | 3.16% | 3.16% | |
| DTM | A | 5.91% | 5.4% | 5.4% | |
| ENLC | A | 3.83% | 1.97% | 1.97% | |
| EPD | A | 8.12% | 6.67% | 6.67% | |
| ET | A | 9.3% | 8.79% | 8.79% | |
| HESM | A | 4.35% | 1.68% | 1.68% | |
| KMI | A | 8.05% | 6.09% | 6.09% | |
| KNTK | A | 4.29% | 4.11% | 4.11% | |
| LNG | A | 5.08% | 4.97% | 4.97% | |
| MPLX | A | 4.29% | 5.43% | 4.29% | |
| OKE | A | 5.25% | 7.34% | 5.25% | |
| PAGP | A | 5.98% | 2.82% | 2.82% | |
| TRGP | A | 5.86% | 10.04% | 5.86% | |
| WES | C | 3.0% | 1.77% | 1.77% | |
| WMB | A | 8.51% | 5.23% | 5.23% |
MDST Underweight 1 Positions Relative to UMI
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMLP | A | -1.21% |
MDST: Top Represented Industries & Keywords
UMI: Top Represented Industries & Keywords
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