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Westwood Salient Enhanced Midstream Income ETF
MDST (Westwood Salient Enhanced Midstream Income ETF) is an active US Dividend Equity ETF by Westwood. With a 0.80% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 9.50% yield.
MDST is actively managed by Westwood's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 9.50% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.