Symbols

CEFS

·CBOE

--(--)

Key Stats

Assets Under Management

352.24MUSD

Fund Flows (1Y)

96.99MUSD

Dividend Yield

8.24%

Discount/Premium to NAV

0.84%

Shares Outstanding

15.55M

Expense Ratio

4.29%

About Saba Closed-End Funds ETF

Issuer

Exchange Traded Concepts, LLC

Brand

Saba

Home Page

https://sabaetf.com/cefs

Inception Date

Mar 21, 2017

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Exchange Traded Concepts LLC

Distributor

Foreside Fund Services LLC

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.

Classification

Asset Class

Asset Allocation

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	+1.02%	+0.88%	+7.69%	+2.15%	+28.97%	+16.35%
NAV Total Return	+0.90%	+2.51%	+13.95%	+10.51%	+68.86%	+87.59%

No data is currently available

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Holdings Analysis

Sector

Financial Services

38.73%

Basic Materials

13.91%

Technology

10.60%

Energy

10.38%

Healthcare

5.78%

Industrials

5.55%

Utilities

4.47%

Communication Services

4.00%

Consumer Cyclical

3.80%

Asset

Region

88.91%

4.37%

3.97%

2.2%

0.32%

0.23%

Investment Style

Mega

Large

Medium

Multi

Small

Value

Blend

Growth

Multi-Cap Blend

Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.

See more ETFs with the same investment style

Top 10 Holdings

Symbol

Ratio

CASH & OTHER

22.63%

ASA GOLD AND PRECIOUS METALS

9.40%

BLACKROCK ESG CAP ALL TRM TR

9.18%

BLKR-SCI & TECH

8.04%

VIRTUS DVD INTRST & PRM STR

4.77%

GABELLI DIVIDEND & INCOME TR

4.54%

GENERAL AMERICAN INVESTORS

3.61%

PIMCO DYNAMIC INCOME STRAT

3.52%

NBRGR BRMN NEX GEN CONNECT

3.07%

BLACKROCK ENH GLBL DVD TR

3.00%

Top 10 Weight 71.76%

72 Total Holdings

Dividends

Dividend Payout History

Declaration Date	Record Date	Payment Date	Amount
2025-11-25	2025-11-25	2025-11-26	0.140
2025-10-30	2025-10-30	2025-10-31	0.140
2025-09-29	2025-09-29	2025-09-30	0.140
2025-08-28	2025-08-28	2025-08-29	0.140
2025-07-30	2025-07-30	2025-07-31	0.140
2025-06-26	2025-06-26	2025-06-27	0.140
2025-05-29	2025-05-29	2025-05-30	0.140

Premium/Discount Chart

Premium/Discount to NAV

Price

Assets Under Management

Fund Flows

Inflows

Outflows