# MDST (Westwood Salient Enhanced Midstream Income ETF)

Westwood · Income ETFs · data as of Sep 18, 2026

Over the year to Sep 18, 2026, MDST paid 10.0% in cash and still finished 28.6 points behind XLE.

## Key facts

- MDST, cash paid, 1 year, on its starting price: 10.0%, as of Sep 18, 2026.
- MDST, total return, 1 year: +19.2%, as of Sep 18, 2026.
- MDST, against XLE: −28.6 pts, as of Sep 18, 2026.
- MDST, latest payout, annualized: 9.3%, as of Sep 18, 2026.
- MDST, net assets: $247m (SEC filing, whole fund, as filed for Apr 30, 2026).
- MDST, expense ratio: 0.80% (485BPOS XBRL, Feb 28, 2025).

## MDST over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | XLE | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 2.4% | +2.2% | +4.6% | +20.4% | −15.9 pts |
| 6 months | 4.7% | +1.0% | +5.8% | +9.9% | −4.2 pts |
| 1 year | 10.0% | +8.2% | +19.2% | +47.8% | −28.6 pts |
| Since launch | 26.1% | +17.0% | +48.9% | +41.6% | +7.3 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Energy sector (XLE), used as the energy proxy (proxy) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $247m | SEC filing, whole fund, as filed for Apr 30, 2026 |
| Latest payout, annualized | 9.3% | ETFIQ |
| Expense ratio | 0.80% | 485BPOS XBRL, Feb 28, 2025 |
| Cash paid, last 12 months, over today’s price | 9.3% | ETFIQ |
| Launched | Apr 9, 2024 | ETFIQ |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 30 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.225 ex Aug 28, 2026 | ETFIQ |
| Sum of the last 12 distributions | $2.7 | ETFIQ |

## Questions

### How much has MDST paid over the last year?

Over the year to Sep 18, 2026, MDST paid 10.0% of its starting price in cash distributions, while the price rose 8.2%.

### Is MDST ahead of XLE?

Over the year to Sep 18, 2026, with every distribution reinvested, MDST returned +19.2% against +47.8% for Energy sector (XLE), used as the energy proxy, so a holder was behind it by 28.6 points.

### How often does MDST pay, and how much?

MDST pays monthly. The latest distribution annualizes to 9.3% at its price on Sep 18, 2026, which is not a promise; the next one can differ.

### When does MDST next pay a distribution?

MDST pays monthly. The last distribution went ex on Aug 28, 2026 at $0.225 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Sep 28, 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.


## Cite this page

ETFIQ, MDST, data as of Sep 18, 2026. https://etfiq.com/funds/mdst
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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