Saba Closed-End Funds ETF (CEFS) Price, Holdings, & News

ETF Overview

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.

Key Stats

• Today's Range: $22.11 to $22.40
• 50-Day Range: $21.94 to $22.57
• 52-Week Range: $18.59 to $22.70
• Volume: 88,133 shs
• Average Volume: 72,660 shs
• Market Capitalization: $300.11 million
• Assets Under Management: $313.56 million
• Dividend Yield: 8.33%
• Net Expense Ratio: 4.29%
• Aggregate Rating: N/A

CEFS ETF - Frequently Asked Questions

How have CEFS shares performed this year?

Saba Closed-End Funds ETF's stock was trading at $21.42 on January 1st, 2025. Since then, CEFS shares have increased by 5.3% and is now trading at $22.5650.

Who are Saba Closed-End Funds ETF's major shareholders?

Top institutional shareholders of Saba Closed-End Funds ETF include Fortress Wealth Management Inc. (2.64%), New England Private Wealth Advisors LLC (2.37%), Raymond James Financial Inc. (1.98%) and Envestnet Asset Management Inc. (1.80%).

How do I buy shares of Saba Closed-End Funds ETF?

Shares of CEFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Saba Closed-End Funds ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Saba Closed-End Funds ETF investors own include REX FANG & Innovation Equity Premium Income ETF (FEPI), Alibaba Group (BABA), JPMorgan Equity Premium Income ETF (JEPI), Simplify Volatility Premium ETF (SVOL), British American Tobacco (BTI), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Altria Group (MO).

Fund Details

• Issuer: Exchange Traded Concepts
• Fund Name: Saba Closed-End Funds ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:CEFS
• Inception Date: 3/21/2017
• Fund Manager: Boaz Weinstein, Pierre Weinstein, Paul Kazarian
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Multi Asset
• Benchmark: N/A
• Category: Asset Allocation
• Focus: Target Outcome
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 97

Fund Statistics

• Assets Under Management: $309.89 million
• Average Daily Volume: $67.57 thousand
• Discount/Premium: 0.11%

Administrator, Advisor and Custodian

• Administrator: Ultimus Fund Solutions, LLC
• Advisor: Exchange Traded Concepts, LLC
• Custodian: Brown Brothers Harriman & Co.
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Miscellaneous

• Outstanding Shares: 13,300,000
• Beta: 0.72
• Creation Unit: 25,000
• Creation Fee: $500.00