MDST Westwood Salient Enhanced Midstream Income ETF
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Over the year to Nov 4, 2026, MDST paid 10.8% in cash and returned 22.6% in total, against 31.7% for ENFR.
Promise check: DeliveredOver the year to Nov 4, 2026, MDST paid 10.8% in cash and returned 22.6% in total, covering 209.3% of its payout.
MDST risk and return scorecard
vs ENFR · Apr 2024 to Oct 2026 · 132 weekly returns · dividend-adjusted
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Jul 31, 2026What you earned
What it paid
13 distributions · latest Oct 29, 2026More on MDST
Every number below is on this page. Open what you need.Price and total return, 1 year
$27.89−3.5%1 day, priceClose, Nov 4, 2026
Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | Cash paid | Price | ENFR | Ahead or behind |
|---|---|---|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | −0.5% | 0.8% | −1.2% | −0.4% | −0.1 pts |
| 3M Aug 5 – Nov 4, 2026 | −0.5% | 2.4% | −2.8% | −1.2% | +0.7 pts |
| 6M May 6 – Nov 4, 2026 | +1.9% | 4.7% | −2.7% | +1.3% | +0.6 pts |
| YTD Dec 31, 2025 – Nov 4, 2026 | +15.1% | 9.4% | +5.6% | +23.5% | −8.4 pts |
| 1Y Nov 4, 2025 – Nov 4, 2026 | +22.6% | 10.8% | +11.5% | +31.7% | −9.1 pts |
| Since launch Apr 9, 2024 – Nov 4, 2026 | +44.5% | 27.9% | +11.8% | +66.0% | −21.5 pts |
| Since launch, annualised Apr 9, 2024 – Nov 4, 2026 | +15.4% | – | – | – | – |
Total returns, distributions reinvested. Listed Apr 2024: no 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
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How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
MDST paid 10.8% in cash over the year and returned 22.6% in total, more than it paid out.
Money in and out
Monthly data · as of Jul 31, 2026MDST: in the month to Jul 31, 2026, net $10.3m came in, by its SEC filing.
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions MDST files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jul 2026. Every day and month ETFIQ holds for MDST, back to Feb 2024, is in its flows file. Flows across every fund · How these flows are computed · Compare MDST with other funds in the flows tool
Month by month, money in and money outFeb 2024 to Jul 2026
MDST, money in and money out each month from Feb 2024 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from MDST’s SEC filings (N-PORT item B.6). Of the 30 months listed, money came in on net in 28 and went out in 0.
Every bar is from MDST’s SEC filings (N-PORT item B.6). Of the 30 months listed, money came in on net in 28 and went out in 0.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jul 31, 2026. Updated when the fund files its next report.
MDST key stats
MDST return of capital and tax
Trading
as of Nov 4, 2026
MDST for holders outside the US
13 distributions for MDST, $0.225 to $0.225 a share and $0.225 in the middle, Oct 30, 2025 to Oct 29, 2026. 1 further ex-date is expected with no amount the issuer has declared, so it is not drawn.
MDST pays monthly. The last distribution was $0.225 a share, which went ex on Oct 29, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Nov 30, 2026; that date is an ETFIQ projection, not the issuer’s.
Expected distributions for MDST. A projected row carries the fund’s own spacing forward from its last ex-date, at the last amount paid. Neither is an issuer statement. Source: ETFIQ.
Cash distributions per share for MDST. Source: ETFIQ from Tiingo end-of-day distributions.
Source: ETFIQ, from Tiingo end-of-day distributions.
How much of what it paid out did its total return cover?
That is the share of the 167 income ETFs not writing on a single company sitting at or below MDST.
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. Where the fund sits in this set, not a rating. Do not average it with another category's score.
Total return as a share of the cash paid: 209.3% · 88th pct, −272.3% to 2,333.3% across 167.
MDST top ten by weight, 63.9% of the fund, of its 24 equity positions, from the holdings filed for Jul 31, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
Source: The fund’s SEC filing.
About MDST
How we measure
12 seats on MDST, as of Nov 4, 2026: 2 Mixed, 7 Challenges, 3 Not enough data.
Questions people ask about MDST
- How much has MDST paid over the last year?
- Over the year to Nov 4, 2026, MDST paid 10.8% of its starting price in cash distributions, while the price rose 11.5%.
- Is MDST ahead of ENFR?
- Over the year to Nov 4, 2026, with every distribution reinvested, MDST returned +22.6% against +31.7% for Alerian Energy Infrastructure ETF (ENFR), so a holder was behind it by 9.1 points.
- How often does MDST pay, and how much?
- MDST pays monthly. The latest distribution annualizes to 9.7% at its price on Nov 4, 2026, which is not a promise; the next one can differ.
- Is the MDST distribution return of capital?
- Westwood estimates 100% of the distribution paid Oct 5, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
- When does MDST next pay a distribution?
- MDST pays monthly. The last distribution went ex on Oct 29, 2026 at $0.225 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Nov 30, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
- What does MDST cost?
- The prospectus expense ratio is 0.80% a year.
- How much of MDST’s distribution is return of capital?
- Westwood’s Rule 19a-1 notice estimates 100.0% of the distribution paid Oct 5, 2026 was return of capital. Across its notices for distributions paid Dec 1, 2025 to Oct 5, 2026, the estimate is 90.0%. Estimates come before the fund year closes and often change.
Links are sources, not endorsements.
Cite this pageCitation, APA and Markdown
ETFIQ, MDST, income ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/mdst
ETFIQ. (Nov 4, 2026). MDST, income ETFs. Retrieved from https://etfiq.com/funds/mdst
[MDST, income ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/mdst)
The payout bar for MDST, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/income/mdst/" title="MDST: MDST over 1 year: paid 10.8%, price +11.5%, total +22.6%, ENFR +31.7%, −9.1 pts. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">MDST: MDST over 1 year: paid 10.8%, price +11.5%, total +22.6%, ENFR +31.7%, −9.1 pts. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/mdst">ETFIQ</a></figcaption>
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