Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund in the Event Driven category. It has $427.07M in assets, an expense ratio of 2.61% and a 6.01% dividend yield. 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 inv…
Assets under management
$427.07M
Expense ratio
2.61%
Category
Event Driven
Dividend yield
6.01%
NAV
$24.86
Fund family
SABA ETF
Exchange
BATS
Top holdings
The largest positions Saba Closed-End Funds ETF reports, by weight.