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

$25.45

Average Daily Volume

26,709

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$42.54

Average Daily Volume

11,193

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDST	UMI
30 Days	2.71%	4.81%
60 Days	4.16%	6.84%
90 Days		6.08%
12 Months		29.83%

8 Overlapping Holdings

Symbol	Grade	Weight in MDST	Weight in UMI	Overlap
DTM	B	4.73%	4.58%	4.58%
EPD	A	8.07%	7.39%	7.39%
ET	A	9.47%	9.13%	9.13%
KMI	A	7.51%	4.64%	4.64%
OKE	A	4.66%	7.14%	4.66%
PAGP	A	6.53%	4.43%	4.43%
TRGP	A	4.78%	7.28%	4.78%
WMB	A	4.83%	4.81%	4.81%

MDST Overweight 0 Positions Relative to UMI

	Symbol	Grade	Weight

MDST Underweight 9 Positions Relative to UMI

Symbol	Grade	Weight
MPLX	A	-5.88%
AM	B	-4.81%
ETRN	D	-4.73%
LNG	B	-4.61%
KNTK	A	-2.28%
HESM	A	-2.2%
ENLC	A	-2.07%
WES	A	-1.46%
SUN	C	-0.61%

MDST: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream

UMI: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines Oil & Gas Refining & Marketing