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Saba Closed-End Funds ETF (CEFS)

BATS: CEFS · IEX Real-Time Price · USD
21.08 -0.37 (-1.72%)
Sep 20, 2021 4:00 PM EDT - Market closed
Assets$76.94M
NAV$21.08
Expense Ratio4.48%
PE Ratio16.95
Shares Out3.65M
Dividend (ttm)$1.68
Dividend Yield7.97%
Ex-Dividend DateAug 20, 2021
1-Year Return
-
Volume29,723
Open21.30
Previous Close21.45
Day's Range21.05 - 21.36
52-Week Low16.71
52-Week High21.99
Beta0.80
Holdings44
Inception DateMar 21, 2017

About CEFS

The investment seeks to provide capital appreciation and dividend income. 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). The fund normally invests in underlying funds that primarily pursue high income opportunities.

Asset ClassPortfolio-Multi Asset
SectorAlternative Investments
RegionNorth America
IssuerExchange Traded Concepts
Stock ExchangeBATS
Ticker SymbolCEFS

Top 10 Holdings

90.12% of assets
NameSymbolWeight
Invesco Senior Income TrustVVR23.62%
Blackstone Strategic Credit FundBGB16.28%
Ivy High Income OpportunitiesIVH11.23%
India Fund IncIFN8.32%
Calamos L/S Equity & Dynamic Inc TrustCPZ7.99%
Salient Midstream & MLPSMM5.24%
MS Emerging Markets DebtMSD4.75%
Cushing® NextGen Infrastructure IncomeSZC4.47%
Virtus AllianzGI Convert & Inc Fund IINCZ4.17%
Special Opportunities FundSPE4.06%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Aug 20, 2021$0.14Aug 25, 2021
Jul 20, 2021$0.14Jul 23, 2021
Jun 21, 2021$0.14Jun 24, 2021
May 20, 2021$0.14May 25, 2021
Apr 20, 2021$0.14Apr 23, 2021
Mar 22, 2021$0.14Mar 25, 2021
Full Dividend History

News

Tap Closed-End Funds for Private Market Access

With advisors and investors scrambling to find higher yields and generate more income outside of the bond universe, closed-end funds (CEFs) are getting more attention. Though the landscape isn't as larg...

1 month ago - ETF Trends

These ETFs Have Dividend Yields of 7%–Or Higher

Investors can always use more income, and there exist several ETFs that are paying out over 7% in annual dividend yields. Dividend yield is a measure of how much of security's value is returned to share...

Other symbols:HIPSRYLDUSOXYLDYYY
3 months ago - ETF Trends

Why is Saba Capital Buying Up Templeton Global Income?

Gurufocus insider data shows that Saba Capital Management LP, a hedge fund well known for its sophisticated credit strategies and closed-end fund expertise, is buying the Templeton closed-end bond fund,...

8 months ago - GuruFocus