(MDST) Ultimus Managers Trust - Overview
Etf: Midstream, MLP, Pipelines, Storage
Dividends
| Dividend Yield | 10.14% |
| Yield on Cost 5y | 13.05% |
| Yield CAGR 5y | 50.00% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 13.2% |
| Relative Tail Risk | 0.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.41 |
| Alpha | -1.37 |
| Character TTM | |
|---|---|
| Beta | 0.578 |
| Beta Downside | 0.942 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.19% |
| CAGR/Max DD | 1.22 |
Description: MDST Ultimus Managers Trust January 17, 2026
The Ultimus Managers Trust (MDST) is an actively managed, non-diversified ETF that allocates at least 80% of its net assets (plus any investment-purpose borrowings) to midstream North American corporations and U.S. master limited partnerships (MLPs), focusing on the energy transportation and storage segment.
Key metrics to watch: the fund’s average downstream exposure is roughly 45% of assets, and its 12-month trailing dividend yield sits near 6.8%, reflecting the high-yield nature of MLPs. Performance is tightly linked to crude oil and natural gas freight rates, as well as the U.S. pipeline capacity expansion pipeline-capacity utilization, which has averaged 78% over the past year. Additionally, the sector’s sensitivity to interest-rate movements is pronounced because many MLPs rely on debt financing; a 100-basis-point rise in Treasury yields historically depresses NAVs by about 1.2%.
For a deeper, data-driven view of MDST’s risk-adjusted returns and scenario analysis, you might explore the fund’s profile on ValueRay.
What is the price of MDST shares?
Over the past week, the price has changed by +1.58%, over one month by +7.54%, over three months by +9.19% and over the past year by +10.94%.
Is MDST a buy, sell or hold?
What are the forecasts/targets for the MDST price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.4 | 20.6% |
MDST Fundamental Data Overview February 09, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 196.9m USD (196.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 196.9m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 196.9m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.04% (E(196.9m)/V(196.9m) * Re(8.04%) + (debt-free company))
Discount Rate = 8.04% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)