A multi-asset portfolio with an options overlay
Objective
The Westwood Enhanced Income Opportunity ETF is an actively-managed ETF that seeks to provide current income and capital appreciation from a variety of asset classes including equities, investment grade corporate bonds, high yield bonds, convertible bonds, preferred securities and other income-oriented assets.
Highlights
| Distribution Rate (as of 01/29/2026) Distribution Rate (as of 01/29/2026) | 7.0% |
| Distribution Frequency | Monthly |
The Annualized Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12) and dividing the resulting amount by the ETF’s NAV as of the most recent record date. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time.
*30-day median bid/ask spread reflects the median of the difference between the best bid and offer as of the end of each 10-second interval during each trading day of the last 30 calendar days.
**There is no guarantee that the ETF will continue to pay dividends.
| Name | Security Identifier | Symbol | Net Assets % | Market Price | Shares Held | Market Value | Market Value % |
| ISHARES IBOXX HI | 464288513 | HYG US | 4.41% | 80.94 | 9,034 | 731,212 | 4.41% |
| ISHARES BROAD US | 46435U853 | USHY US | 4.40% | 37.52 | 19,448 | 729,689 | 4.40% |
| US DOLLARS | USD | USD | 3.29% | 1.00 | 545,509 | 545,509 | 3.29% |
| ALPHABET INC-A | 02079K305 | GOOGL US | 2.94% | 302.85 | 1,612 | 488,194 | 2.94% |
| GILEAD SCIENCES | 375558103 | GILD US | 2.88% | 151.12 | 3,158 | 477,237 | 2.88% |
| WELLS FARGO & CO | 949746101 | WFC US | 1.99% | 87.57 | 3,769 | 330,051 | 1.99% |
| NVIDIA CORP | 67066G104 | NVDA US | 1.96% | 187.90 | 1,728 | 324,691 | 1.96% |
| BARRICK MINING C | 06849F108 | B US | 1.96% | 48.55 | 6,682 | 324,411 | 1.96% |
| MERCK & CO | 58933Y105 | MRK US | 1.94% | 121.86 | 2,637 | 321,345 | 1.94% |
| MICROSOFT CORP | 594918104 | MSFT US | 1.94% | 398.46 | 806 | 321,159 | 1.94% |
Holdings subject to change. “Cash” denotes U.S. dollars.
| Ex-Date | Record Date | Payable Date | Total Distribution Per Share | Annualized Monthly Distribution* | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2026
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The distribution rate shown for YLDW reflects the annualized distribution rate as of 01/29/2026 and was 100% ROC. The annualized distribution rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time.
To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus which may be obtained by downloading at westwoodetfs.com or calling (800) 994-0755. Please read the prospectus carefully before investing.
The Fund is newly formed and has limited operating history.
The 30-Day SEC Yield represents the annualized yield based on the Fund’s net investment income over the past 30 days, after expenses, as required by the SEC. Subsidized yield reflects any fee waivers or expense reimbursements in effect, while unsubsidized yield excludes these adjustments.
Portfolio Managers who have CFA® listed by their name have earned the right to use the Chartered Financial Analyst designation. CFA Institute marks are trademarks owned by CFA Institute.
Bonds and bond funds will decrease in value as interest rates rise. High yield bonds are highly speculative and carry a greater degree of risk. High yield bonds held by the fund are subject to greater credit risk, which raises the potential likelihood for the bonds to default on principal and interest payments. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. Investments in securities of MLPs involve risk that differ from investments in common stock including risks related to limited control and limited rights to vote on matters affecting the MLP. MLP common units and other equity securities can be affected by economic and other factors affecting the stock market in general, expectations of interest rates, investor sentiment towards MLPs or the energy sector, changes in a particular issuer’s financial condition, or unfavorable or unanticipated poor performance of a particular issuer. There can be no assurance that the Fund will achieve its stated objectives. A company may reduce or eliminate its dividend, causing losses to the fund. Diversification does not protect against market loss.
Investing involves risk, including loss of principal. The value of the fund’s shares, when redeemed, may be worth more or less than their original cost.
To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus which may be obtained by downloading at westwoodetfs.com or calling (800) 994-0755. Please read the prospectus carefully before investing.
Westwood ETFs are distributed by Northern Lights Distributors, LLC (Member FINRA). Northern Lights Distributors and Westwood ETFs (or Westwood Holdings Group, Inc.) are separate and unaffiliated.
