ATMP vs. MDST ETF Comparison
Comparison of Barclays ETN Plus Select MLP (ATMP) to Westwood Salient Enhanced Midstream Income ETF (MDST)
ATMP
Barclays ETN Plus Select MLP
ATMP Description
ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$29.98
Average Daily Volume
31,634
11
MDST
Westwood Salient Enhanced Midstream Income ETF
MDST Description
MDST invests North American midstream investments while employing a covered call strategy. The actively managed fund targets investment grade, midstream securities from the US and Canada that include companies engaged in the energy infrastructure industry and ancillary businesses. The fund may directly invest up to 25% in US MLPs that are publicly traded and treated as partnerships for federal income tax purposes. The fund employs a bottom-up, research-driven selection process with emphasis on opportunities and growth prospects. In addition, the advisor maintains proprietary business valuation models and analyzes various fundamental and technical factors. To enhance income, the fund writes call options on securities held within the portfolio. It may also use standardized exchange-traded and FLEX options. The fund expects returns from the distribution yield, covered call premiums, cash distribution growth, and potential price appreciation. Single securities are capped at 15%.Grade (RS Rating)
Last Trade
$28.00
Average Daily Volume
17,339
18
Performance
Period | ATMP | MDST |
---|---|---|
30 Days | 12.37% | 7.86% |
60 Days | 13.62% | 8.31% |
90 Days | 16.69% | 9.80% |
12 Months | 45.40% |
ATMP: Top Represented Industries & Keywords
MDST: Top Represented Industries & Keywords