Key stats
About Westwood Salient Enhanced Energy Income ETF
Home page
Inception date
May 1, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Westwood Management Corp. (Texas)
Distributor
Northern Lights Distributors LLC
ISIN
US90386K5719
WEEI is an actively managed fund that aims to invest in equity securities of North American energy companies. Stocks considered for the portfolio engage in the oil, gas, consumable fuels, or energy equipment and services. The funds advisor uses a bottom-up framework focusing on fundamental criteria such as cash flow and growth projections to select 20-25 stocks. Single stock covered call writing strategy is also employed, aiming to provide monthly income and capital appreciation. In addition, the strategy aims for 10-20% less volatility and beta than the S&P Energy Select Sector Index. The call options written are typically 1-month contracts, averaging 3-5% out-of-the-money, and sold on a monthly recurring basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Industrial Services
Stocks100.36%
Energy Minerals73.88%
Industrial Services21.17%
Utilities2.74%
Miscellaneous1.11%
Bonds, Cash & Other−0.36%
Cash1.12%
Rights & Warrants−1.48%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WEEI invests in stocks. The fund's major sectors are Energy Minerals, with 74.97% stocks, and Industrial Services, with 21.49% of the basket. The assets are mostly located in the North America region.
WEEI top holdings are Exxon Mobil Corporation and Chevron Corporation, occupying 20.79% and 17.81% of the portfolio correspondingly.
WEEI last dividends amounted to 0.23 USD. The month before, the issuer paid 0.23 USD in dividends,
WEEI assets under management is 19.62 M USD. It's risen 2.07% over the last month.
WEEI fund flows account for 6.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, WEEI pays dividends to its holders with the dividend yield of 12.74%. The last dividend (Sep 2, 2025) amounted to 0.22 USD. The dividends are paid monthly.
WEEI shares are issued by Westwood Holdings Group, Inc. under the brand Westwood. The ETF was launched on May 1, 2024, and its management style is Active.
WEEI expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
WEEI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WEEI invests in stocks.
WEEI price has risen by 3.21% over the last month, and its yearly performance shows a −4.34% decrease. See more dynamics on WEEI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.19% increase in three-month performance and has increased by 6.29% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.19% increase in three-month performance and has increased by 6.29% in a year.
WEEI trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.