Westwood ETFs

Enhanced Power & Infrastructure ETF (PWRX)

Enhanced Power & Infrastructure

Introducing the newest ETF in the Westwood Enhanced Income Series™

Objective

The Westwood Salient Enhanced Power & Infrastructure ETF is an actively-managed ETF that seeks total return through income and capital appreciation by investing in companies positioned to benefit from accelerating power demand driven by AI, onshoring of manufacturing, electrification and commercialization of next-generation technologies.

Highlights

  • Potential for Capital Appreciation from Energy and Power Infrastructure
  • Covered Call Income Strategy
  • Monthly Distributions
  • No K-1s

Distributions

Distribution Rate (as of N/A) Distribution Rate (as of N/A) NA
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.

Exchange
TXSE
Ticker
PWRX
CUSIP
90386K498
Inception Date
September 17, 2026
Number of Holdings
56
Expense Ratio
0.69%
Tax Treatment
1099
(No K-1s)
NAV
$26.50
Closing Price
$26.56
30 Day Median Bid Ask Spread*
0.30%
Discount/ Premium
0.23%
Shares Outstanding
150,000
Fund Assets
$3,974,724.88
Related Materials

*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

Energy & Power Equity Portfolio

Bottom-up fundamental process utilizing over 30 years of investment experience to create a fundamental framework for security construction

Options Overlay

Options designed to generate income while reducing volatility

Disciplined single-stock options strategy: 1-month call options averaging 5 to 10% out-of-the-money, sold on a monthly recurring basis

Enhanced Power & Infrastructure Strategy

A well-researched fundamentally driven strategy

Seeks to provide clients with distributable income via options premium and dividends

Seeks to provide income paid out monthly

Annualized Fund Performance
as of 09/30/2026

Trailing Year Performance YTD* 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since
Inception
Total Return NAV (%) --- --- --- --- --- --- --- -0.56%
Market Price (%) --- --- --- --- --- --- --- -0.12%
30-Day SEC Yield as of 6/30/26 (subsidized / unsubsidized) NA

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call (877) FUND-WHG. *YTD figure is calculated as of the most recent month end.

 

Fund NAV represents the closing price of underlying securities. Market Price is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table were calculated using the closing price and account for distribution from the funds.

Top Holdings as of 10/06/2026

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Name Security Identifier Symbol Net Assets % Market Price Shares Held Market Value Market Value %
TALEN ENERGY COR 87422Q109 TLN US 4.67% 373.11 1,079 402,586 4.68%
GE VERNOVA INC 36828A101 GEV US 4.35% 1,029.21 364 374,632 4.35%
VISTRA CORP 92840M102 VST US 4.29% 160.50 2,301 369,311 4.29%
CATERPILLAR INC 149123101 CAT US 4.17% 863.44 416 359,191 4.17%
QUANTA SERVICES 74762E102 PWR US 3.80% 719.56 455 327,400 3.80%
TRANE TECHNOLOGI G8994E103 TT US 3.74% 476.39 676 322,040 3.74%
CUMMINS INC 231021106 CMI US 3.72% 535.31 598 320,115 3.72%
NRG ENERGY 629377508 NRG US 3.71% 103.60 3,081 319,192 3.71%
EATON CORP PLC G29183103 ETN US 3.49% 445.09 676 300,881 3.49%
WILLIAMS COS INC 969457100 WMB US 3.11% 72.39 3,705 268,205 3.11%

Holdings subject to change. “Cash” denotes U.S. dollars.

Distribution History as of 10/06/2026

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Ex-DateRecord DatePayable DateTotal Distribution Per ShareAnnualized Monthly Distribution*
2026
10/29/2026 10/29/2026 11/03/2026
11/27/2026 11/27/2026 12/02/2026

The distribution rate shown for PWRX reflects the annualized distribution rate as of 10/06/2026 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.

*Monthly distributions are not guaranteed.

Premium/Discount Chart

The Premium/Discount of an ETF is defined as the amount the ETF is trading above/below the NAV of the underlying holdings.
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  Q3 2026Q4 2026
Days at premium 93
Days at zero premium/discount 10
Days at discount 11

The Premium/Discount of an ETF is defined as the amount the ETF is trading above/below the NAV of the underlying holdings.


Total Operating Expense 0.69%


NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times.

The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free (877) 386-3944.

Tracking error measures the divergence of returns between an investment and a benchmark. Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. A beta of 1 indicates that the security’s price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security’s price will be more volatile than the market. Out of the money is also known as OTM, meaning an option has no intrinsic value, only extrinsic value. A call option is OTM if the underlying price is trading below the strike price of the call. A put option is OTM if the underlying’s price is above the put’s strike price. The SEC 30-Day Yield is a metric used to measure the income generated by a mutual fund or an exchange-traded fund (ETF) over a 30-day period. It is calculated by taking the net investment income earned by the fund over the past 30 days and annualizing it. The Unsubsidized SEC Yield represents what a fund’s 30-Day SEC Yield would have been had no fee waivers or expense reimbursement been in place over the period.

 

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Westwood ETFs

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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.



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 calling 877.FUND.WHG (877.386.3944). Please read the prospectus carefully before investing.

How to Invest in Westwood ETFs

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Westwood ETFs are available for trading on most platforms. Contact us today to learn more about Westwood ETFs and how we can help you build your client’s portfolio.

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.



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 calling 877.FUND.WHG (877.386.3944). Please read the prospectus carefully before investing.

How to Invest in Westwood ETFs

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Working with a financial professional?

Westwood ETFs may be a powerful addition to your portfolio. Email your financial professional to discuss how PWRX can help.

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You can invest in PWRX through any of these platforms:

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.



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 calling 877.FUND.WHG (877.386.3944). Please read the prospectus carefully before investing.