Saba Closed-End Funds ETF (CEFS)
| Bid | 20.25 |
| Market Cap | 266.53M |
| AUM | 246.84M |
| NAV | 22.29 |
| EPS (ttm) | 0.92 |
| PE Ratio (ttm) | 22.91 |
| Shares Out | 12.58M |
| Inception Date | Mar 21, 2017 |
| Ask | 21.7 |
| Volume | 83.26K |
| Open | 21.21 |
| Previous Close | 21.02 |
| Day's Range | 21.03 - 21.35 |
| 52-Week Range | 18.59 - 22.70 |
| Holdings | 0 |
| Expense Ratio | 5.81% |
About CEFS
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers") that invest in equity and fixed income securities. The fund normally invests in underlying funds that primarily pursue high income opportunities.
Top Sectors
| Sector | Weight % |
|---|---|
| Technology | 21.31% |
| Healthcare | 17.22% |
| Basic Materials | 9.95% |
| Industrials | 9.83% |
| Energy | 7.78% |
Dividends Dividend Yield 10%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Apr 29, 2025 | $0.1400 | Apr 30, 2025 |
| Mar 27, 2025 | $0.1400 | Mar 28, 2025 |
| Feb 27, 2025 | $0.1400 | Feb 28, 2025 |
| Jan 30, 2025 | $0.1400 | Jan 31, 2025 |
| Dec 30, 2024 | $0.5620 | Dec 31, 2024 |
2 weeks ago · seekingalpha.com
CEFS: A 'Non-Discounted' Take On Discounted CEFs (In A Bear Market)Saba Closed-End Funds ETF leverages NAV discount arbitrage and activist strategies to narrow discounts, which helps justify its high expense ratio. The fund's strategy includes investing at least 80% ...
