Westwood ETFs

Enhanced Energy Income ETF (WEEI)

Enhanced Energy Income

About WEEI

An energy portfolio with an options overlay

Energy Equity Portfolio

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

Characteristics
# of holdings
20-25
Tracking error
1-2%
Options Overlay

Options designed to generate income while reducing volatility and beta*

Disciplined single-stock options strategy: 1-month call options averaging 3 to 5% out-of-the-money, sold on a monthly recurring basis

Enhanced Energy Income 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

Seeks to deliver 10-20% less volatility and beta than the S&P Energy Select Sector Index

WEEI Details

Objective

The Westwood Salient Enhanced Energy Income ETF is an actively-managed ETF that seeks to provide current income and capital appreciation by investing in securities of North American energy companies primarily involved in the following industries: oil, gas and consumable fuels as well as energy equipment and services.

Ticker
WEEI
Distribution Frequency
Monthly
Inception Date
May 1, 2024
CUSIP
90386K571
Exchange
Nasdaq
NAV
$23.07
Closing Price
$23.11
30 Day Median Bid Ask Spread*
0.33%
30-Day SEC Yield (subsidized/unsubsidized)
2.37% / 2.37%
Discount/ Premium
0.17%
Number of Holdings
87
Expense Ratio
0.85%
Shares Outstanding
550,000
Fund Assets
$12,686,757.75
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.




Top Holdings

Scroll for more detail
Name Security Identifier Symbol Net Assets % Market Price Shares Held Market Value Market Value %
EXXON MOBIL CORP 30231G102 XOM 24.03% 109.11 27,939 3,048,424 24.03%
CHEVRON CORP 166764100 CVX 16.30% 152.57 13,550 2,067,324 16.30%
CONOCOPHILLIPS 20825C104 COP 8.71% 109.39 10,105 1,105,386 8.71%
SCHLUMBERGER LTD 806857108 SLB 4.80% 43.00 14,151 608,493 4.80%
EOG RESOURCES 26875P101 EOG 4.74% 118.24 5,083 601,014 4.74%
MARATHON PETROLE 56585A102 MPC 4.51% 170.07 3,367 572,626 4.51%
PHILLIPS 66 718546104 PSX 4.31% 136.76 3,996 546,493 4.31%
VALERO ENERGY 91913Y100 VLO 3.56% 150.07 3,009 451,561 3.56%
HESS CORP 42809H107 HES 3.34% 143.45 2,954 423,751 3.34%
WILLIAMS COS INC 969457100 WMB 3.12% 41.17 9,608 395,561 3.12%

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.
Scroll for more detail
  Q2 2024
Days at premium 22
Days at zero premium/discount 5
Days at discount 6

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 0.85%


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.

WEEI Portfolio Managers

Our Investment Approach

Westwood ETFs

X

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

X
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

X

Working with a financial professional?

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

Buy Through Your Brokerage

You can invest in WEEI 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.