Saba Closed-End Funds ETFSaba Closed-End Funds ETFSaba Closed-End Funds ETF

Saba Closed-End Funds ETF

No trades

Key stats


Assets under management (AUM)
Fund flows (1Y)
‪109.90 M‬
Dividend yield (indicated)
Discount/Premium to NAV
0.6%
Shares outstanding
Expense ratio

About Saba Closed-End Funds ETF


CEFS offers closed-end funds in an ETF wrapper: An actively managed manager-of-managers strategy for income and capital appreciation. The fund manager uses a proprietary process to select a diverse group of closed-end funds trading at a discount with additional fundamental and quantitative analyses. The fund also hedges for interest rate risk. Underlying funds primarily focus on high yield securities supplemented by other non-fixed income high-income funds. Since most underlying funds are actively managed, CEFS`s composition and return pattern will be unpredictable. Investing in the fund, in essence, is betting on CEFS manager`s ability to pick other active managers. CEFS`s headline fee includes the fees of the underlying CEFs. Investors of CEFS should look through to net asset values of underlying closed-end funds to determine the CEFS`s true premium/discount, the premium/discount for the ETF itself only reflects the outer wrapper.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CEFS trades at 23.52 USD today, its price has risen 0.99% in the past 24 hours. Track more dynamics on CEFS price chart.
CEFS net asset value is 23.38 today — it's risen 2.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CEFS price has risen by 1.16% over the last month, and its yearly performance shows a 4.53% increase. See more dynamics on CEFS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.22% over the last month, showed a 5.26% increase in three-month performance and has increased by 13.61% in a year.
CEFS fund flows account for ‪109.90 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, CEFS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CEFS technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CEFS shows the strong buy signal. See more of CEFS technicals for a more comprehensive analysis.
No, CEFS doesn't pay dividends to its holders.
CEFS trades at a premium (0.60%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.