EMLP vs MDST
First Trust North American Energy Infrastructure Fund compared with Westwood Salient Enhanced Midstream Income ETF on yield, payout growth, payment schedule, cost and risk.
EMLP
First Trust North American Energy Infrastructure Fund
TTM yield · Quarterly
MDST
Westwood Salient Enhanced Midstream Income ETF
TTM yield · Monthly
Quick take
- MDST yields more today: 9.42% vs 2.95% (forward).
- EMLP has grown its payout faster: 4.0%/yr vs 0.0%/yr over the last 1 year.
- EMLP pays every quarter; MDST pays every month.
- Over the last year EMLP delivered the higher total return: +17.7% vs +17.4% (price change plus payouts).
- MDST is cheaper to own: 0.80% vs 0.95% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | EMLP | MDST |
|---|---|---|
| Share price | $43.83 | $28.67 |
| TTM yield | 2.79% | 9.42% |
| Forward yield | 2.95% | 9.42% |
| Annual payout per share | $1.292 | $2.70 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Dec 24, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.95% | 0.80% |
| 1-year payout growth | +4.0% | +0.0% |
| 5-year payout CAGR | +7.4% | — |
| Consecutive years of increases | 4 years | 0 years |
| Payout consistency (last 12) | 92/100 | 100/100 |
| 1-year total return | +17.7% | +17.4% |
| 1-year price return | +14.5% | +7.3% |
| Size (market cap / AUM) | 3.9B | 284.7M |
| Years paying | 14.1 | 2.5 |
| Sector / category | Energy Limited Partnership | Energy Limited Partnership |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| EMLP | MDST | |
|---|---|---|
| Shares | 228.2 | 348.8 |
| Income per year | $295 | $942 |
| Income per month (avg) | $25 | $78 |
At forward yields, before taxes. Model EMLP · Model MDST
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| EMLP Dec 24, 2026 | Jan 7, 2027 | $0.323 | Est. |
| EMLP Mar 25, 2027 | Apr 8, 2027 | $0.323 | Est. |
| EMLP Jun 24, 2027 | Jul 8, 2027 | $0.323 | Est. |
| MDST Oct 29, 2026 | Nov 12, 2026 | $0.225 | Est. |
| MDST Nov 28, 2026 | Dec 12, 2026 | $0.225 | Est. |
| MDST Dec 28, 2026 | Jan 11, 2027 | $0.225 | Est. |
Annual payouts per share
EMLPMDST
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, EMLP or MDST?
MDST currently has the higher trailing yield: EMLP yields 2.79% and MDST yields 9.42%. Yield changes daily with price, so check the live figures above.
How often do EMLP and MDST pay?
EMLP pays every quarter and MDST pays every month. EMLP's next ex-date is Dec 24, 2026 and MDST's is Oct 29, 2026.
Which has grown its dividend faster, EMLP or MDST?
EMLP has grown its payout faster: 4.0%/yr vs 0.0%/yr over the last 1 year.
Is EMLP or MDST better for income?
It depends on what you are optimising for. EMLP and MDST differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.