Westwood Salient Mlp & Energy Infrastructure Fund Ultra Fund NMFQS:SMRPX

Energy Limited Partnership | Salient Funds

$10.84

↑ $0.04 (0.37%)

Last Updated: Feb 16, 2026

Fund Information

Fund Category Energy Limited Partnership

Fund Family Salient Funds

Fund Style Large

ISIN US90386K6881

CUSIP 90386K688

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $1.26 Billion

Share Class Net Assets $-

Expense Ratio 1.02%

Expense Ratio Date -

Dividend Yield 0.05%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 4.84%

1-Year Return 1.35%

3-Year Return 18.20%

5-Year Return 18.05%

NAV $10.84

Previous Close Price $10.80

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.05%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Westwood Salient Mlp & Energy Infrastructure Fund Ultra Fund

The fund normally seeks to achieve its investment objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of MLPs and Energy Infrastructure Companies. It invests in equity securities such as common units, preferred units, subordinated units, general partner interests, common shares and preferred shares in MLPs and Energy Infrastructure Companies. The fund is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 27319.78%

Giant 6.11%

Large 9.01%

Medium 59.71%

Micro 5.33%

Small 18.84%

Value & Growth Metrics

Book-Value Growth % 1.51%

Cash-Flow Growth % -1.55%

Dividend Yield % 5.22%

Historical Earnings % 6.62%

Long-Term Earnings % 3.57%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.02%	0.00%
Cash	0.06%	0.06%	0.00%	1.21%	0.00%
Non US Stock	21.25%	21.25%	0.00%	12.77%	0.15%
Not Classified	0.00%	0.00%	0.00%	0.09%	0.00%
Other	0.64%	0.64%	0.00%	0.05%	0.00%
US Stock	78.06%	78.09%	0.04%	88.62%	99.85%

Top Holdings

Name	Weight	Owned	Change
Energy Transfer, L.P.	9.46%	-	-
Plains GP Holdings, L.P. Class A	7.94%	-	-
Cheniere Energy, Inc.	4.99%	-	-
ONEOK, Inc.	8.14%	-	-
Targa Resources Corp.	7.34%	-	-
Williams Companies, Inc. (The)	7.06%	-	-
Enterprise Products Partners L.P.	4.81%	-	-
Hess Midstream LP Class A	4.49%	-	-
MPLX LP	4.81%	-	-
Kinetik Holdings Inc	4.23%	-	-
DT Midstream, Inc.	7.81%	-	-
Kinder Morgan, Inc.	8.88%	-	-
TC Energy Corporation	5.54%	-	-
Enbridge, Inc.	5.30%	-	-
Keyera Corporation	4.26%	-	-

See the full breakdown of SMRPX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.09%	90.41%	100.00%	0.00%
Bond Sector	Corporate	3.09%	8.24%	0.00%	0.00%
Bond Sector	Derivative	3.09%	0.25%	0.00%	0.00%
Bond Sector	Government	3.09%	1.10%	0.00%	0.00%
Bond Sector	Municipal	3.09%	0.00%	0.00%	0.00%
Bond Sector	Securitized	3.09%	0.00%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.49%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.23%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.02%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.01%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	3.09%	6.61%	0.00%	3.24%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	96.12%	91.91%	0.00%	96.61%
Sensitive	Industrials	0.62%	0.67%	0.00%	0.15%
Sensitive	Technology	0.17%	0.06%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	99.76%	100.00%	99.85%
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	0.11%	-	-
Greater Europe	Europe Developed	0.08%	-	0.15%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.05%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-11-15	$0.116	$0.116	USD	-	-	-	-
2024-08-16	$0.117	$0.117	USD	-	2024-08-15	2024-08-19	Quarterly
2024-05-15	$0.117	$0.117	USD	-	2024-05-14	2024-05-16	Quarterly
2024-02-16	$0.117	$0.117	USD	-	2024-02-15	2024-02-20	Quarterly
2023-11-16	$0.116	$0.116	USD	-	2023-11-15	2023-11-17	Quarterly
2023-08-16	$0.116	$0.116	USD	-	2023-08-15	2023-08-17	Quarterly
2023-07-12	$0.049	$0.049	USD	-	2023-07-11	2023-07-13	Quarterly
2023-05-16	$0.094	$0.094	USD	-	2023-05-15	2023-05-17	Quarterly
2023-02-16	$0.082	$0.082	USD	-	2023-02-15	2023-02-17	Quarterly
2022-11-16	$0.082	$0.082	USD	-	2022-11-15	2022-11-17	Quarterly
2022-08-16	$0.081	$0.081	USD	-	2022-08-15	2022-08-17	Quarterly
2022-05-17	$0.081	$0.081	USD	-	2022-05-16	2022-05-17	Quarterly
2022-02-16	$0.081	$0.081	USD	-	2022-02-15	2022-02-16	Quarterly
2021-11-16	$0.081	$0.081	USD	-	2021-11-15	2021-11-16	Quarterly
2021-08-17	$0.082	$0.082	USD	-	2021-08-16	2021-08-17	Quarterly
2021-05-18	$0.082	$0.082	USD	-	2021-05-17	2021-05-19	Quarterly
2021-02-17	$0.081	$0.081	USD	-	2021-02-16	2021-02-18	Quarterly
2020-11-17	$0.081	$0.081	USD	2020-11-17	2020-11-16	2020-11-18	Quarterly
2020-08-18	$0.082	$0.082	USD	2020-08-18	2020-08-17	2020-08-19	Quarterly
2020-05-18	$0.081	$0.081	USD	2020-05-18	2020-05-15	2020-05-19	Quarterly
2020-02-19	$0.081	$0.081	USD	2020-02-19	2020-02-18	2020-02-20	Quarterly
2019-11-18	$0.081	$0.081	USD	2019-11-18	2019-11-15	2019-11-19	Quarterly
2019-08-19	$0.082	$0.082	USD	2019-08-19	2019-08-16	2019-08-20	Quarterly
2019-05-16	$0.082	$0.082	USD	-	-	-	-
2019-02-19	$0.081	$0.081	USD	-	-	-	-
2018-11-16	$0.081	$0.081	USD	-	-	-	-
2018-08-16	$0.097	$0.097	USD	-	-	-	-
2018-05-16	$0.097	$0.097	USD	2018-05-16	2018-05-15	2018-05-17	Quarterly
2018-02-16	$0.125	$0.125	USD	2018-02-16	2018-02-15	2018-02-20	Quarterly
2017-11-16	$0.126	$0.126	USD	2017-11-16	2017-11-15	2017-11-17	Quarterly
2017-08-16	$0.126	$0.126	USD	2017-08-16	2017-08-15	2017-08-17	Quarterly
2017-05-16	$0.126	$0.126	USD	-	2017-05-15	2017-05-17	Quarterly
2017-02-16	$0.125	$0.125	USD	2017-02-16	2017-02-15	2017-02-17	Quarterly
2016-10-27	$0.125	$0.125	USD	2016-10-27	2016-10-26	2016-10-28	Quarterly
2016-07-28	$0.156	$0.156	USD	2016-07-28	2016-07-27	2016-07-29	Quarterly
2016-04-28	$0.155	$0.155	USD	2016-04-28	2016-04-27	2016-04-29	Quarterly
2016-01-28	$0.154	$0.154	USD	2016-01-28	2016-01-27	2016-01-29	Quarterly