Westwood Salient Enhanced Power & Infrastructure ETF (PWRX)

The Westwood Salient Enhanced Power & Infrastructure ETF is an actively managed fund from Westwood Holdings Group, the Dallas-based asset manager that acquired Salient Partners and its energy and infrastructure investment team.

The fund invests in companies involved in power generation, energy infrastructure and related assets, such as utilities, pipeline and midstream operators, and firms supplying electricity demand growth. The word enhanced indicates that it seeks to add income on top of its equity holdings, typically by writing options on part of the portfolio.

Its objective centers on total return with an emphasis on current income from a portfolio tied to power and infrastructure.