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Westwood Salient Enhanced Energy Income ETF (WEEI): ETF

ETF traded on XNAS under symbol WEEI. Quoted in usd.

Westwood Salient Enhanced Energy Income ETF logo

Westwood Salient Enhanced Energy Income ETF

+0.54%$24.13
XNAS:WEEIEquity
AUM $108.68M·YTD --·Yield --
Westwood Salient Enhanced Energy Income ETF logoXNAS:WEEI$24.13+0.54%
About WEEI

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an actively managed fund primarily focused on investing in the shares of North American energy companies. Its portfolio targets businesses engaged in oil, natural gas, consumable fuels, or the energy equipment and services sectors. The fund's managers utilize a bottom-up analysis, emphasizing fundamental factors like cash flow and growth forecasts, to select a concentrated group of 20 to 25 stocks. A key component of its strategy involves writing covered calls on individual holdings, aiming to deliver both consistent monthly income and potential capital appreciation. This method also seeks to achieve a 10-20% lower volatility and beta relative to the S&P Energy Select Sector Index. Typically, these call options are one-month contracts, sold an average of 3-5% out-of-the-money, and are re-established each month.

Largest holdings

  1. XOM EXXONMOBIL HOLDI24.33%
  2. CVX CHEVRON CORP16.11%
  3. COP CONOCOPHILLIPS6.71%
  4. VLO VALERO ENERGY5.37%
  5. PSX PHILLIPS 664.76%
  6. SLB SLB LTD4.24%
  7. WMB WILLIAMS COS INC4.13%
  8. EOG EOG RESOURCES4.02%
  9. MPC MARATHON PETROLE3.93%
  10. TRGP TARGA RESOURCES3.73%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$107,659
Total Return
+$37,659
(+53.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$108.68M
NAV$24.02
Premium/Discount+0.46%
Expense Ratio0.85%
Market Cap--
Shares Outstanding--
Inception DateApr. 30, 2024
Fund Details
IssuerWestwood
Asset ClassEquity
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$20.85$26.39
Current: $24.13
Volume
Volume40.40K
Avg Volume44.15K
Vol/Avg0.92x

30d

42.96K

60d

39.78K

90d

37.25K

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