MDST – Westwood Salient Enhanced Mid Inc ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income and capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships (“MLPs”). The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MDST	Westwood Salient Enhanced Midstream Income ETF	ETF	Open	—		Apr 8, 2024	$288.40M	0.800%	—	—	$115.52M

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