CEFS logo

Saba Closed-End Funds ETF (CEFS)

$23.32

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on CEFS

AUM

$381282023

P/E ratio

7.3

Dividend yield

6.6667%

Expense ratio

4.29%

Beta

0.738707

Price on CEFS

Previous close

$23.47

Today's open

$23.50

Day's range

$23.32 - $23.53

52 week range

$18.59 - $23.64

Profile about CEFS

show more

Headquarters

US

Exchange

CBOE Global Markets BZX

Issue type

Exchange-Traded Fund

CEFS industries and sectors

Asset Allocations

Top holdings in CEFS
News on CEFS

3 Monthly Dividend ETFs That Can Compound Into an Income Avalanche

Dividend investing isn't just a defensive play or a retiree's game.

news source

24/7 Wall Street • 7 hours ago

news preview

FOF Vs. CEFS: One Of These Funds Is Delivering Alpha, The Other Is Just Hedges

FOF is rated 'Buy' for income-oriented investors, but only after a technical correction from its overheated premium. Current FOF premium (8.72% P/NAV, Z-score 4.85) signals short-term overvaluation; optimal entry is at a 1.01x–1.03x P/NAV. FOF and CEFS are compared here as they represent the main rivals for capital within the specialized 'fund of funds' space.

news source

Seeking Alpha • Feb 3, 2026

news preview

CEFS: Activist Investor-Driven Fund Of Funds

Saba Closed-End Funds ETF is rated Buy for income-focused investors seeking reliable monthly distributions and long-term total return. CEFS offers an 8.2% TTM yield, monthly $0.14/share payments, and periodic special dividends, supported by Saba Capital's activist management expertise. The fund's highly diversified portfolio spans over 1,000 positions across equities, fixed income, and alternatives, trading near NAV with a 0.35% premium.

news source

Seeking Alpha • Dec 24, 2025

news preview

Another Strong Year For CEFS, With Some Blemishes

CEFS is an actively-managed fund investing in over a dozen income-producing CEFs. It yields 7.4% and has significantly outperformed its benchmark since inception. Although the fund continues to outperform, fundamentals have somewhat worsened across the board.

news source

Seeking Alpha • Nov 14, 2025

news preview

CEFS: Looking After The Piggy Bank In A Toppy Market

Saba Closed-End Funds ETF (CEFS) targets CEFs trading at discounts to NAV, aiming for income and capital appreciation through active management. CEFS currently offers a 7.3% yield, and charges a 1.1% management fee within a fund-of-funds structure, with total expenses of 4.3%. The portfolio has shifted to a more defensive stance, with increased cash holdings and a concentrated exposure in top holdings, primarily in the US.

news source

Seeking Alpha • Nov 12, 2025

news preview

2 CEF Swaps Into ETFs For July 2025

Every month I share what closed-end funds I've been buying in the last month. For July, that included swapping out some holdings in favor of others and consolidating my portfolio a bit. In doing that, it also included swapping out of two CEFs in favor of ETF positions, one of which I already held a position in.

news source

Seeking Alpha • Aug 15, 2025

news preview

CEFS: Monthly Income With High Total Return

Saba Capital Closed-End Funds ETF (CEFS) is a fund of closed-end funds paying a monthly distribution with special dividend in December. Founder Boaz Weinstein's activist approach drives outperformance, and a high total return. CEFS offers exceptional diversification across 1,000+ positions in stocks, bonds, and alternatives, with active management justifying higher expenses.

news source

Seeking Alpha • Jul 15, 2025

news preview

CEFS: Professional Exposure To A Niche Market Strategy

Saba Closed-End Funds ETF (CEFS) offers unique exposure to CEF arbitrage, capitalizing on discounts to NAV and activist strategies for potential alpha. Despite an extremely high 4.29% expense ratio, the fund's historical performance and yield (9.39% SEC, 7.74% distribution) are impressive and help justify a buy rating. CEFS is best suited for income-oriented investors seeking risk-adjusted, multi-asset returns, but requires understanding of CEF dynamics and tolerance for volatility.

news source

Seeking Alpha • Jun 17, 2025

news preview

CEFS: This ETF Holds CEFS, Pays Monthly Plus Year-End Bonuses

Saba Closed-End Funds ETF offers high monthly income and capital appreciation by investing in discounted CEFs, actively managed by Saba Capital's activist strategy. Recent activism, especially with BlackRock CEFs, has successfully narrowed discounts and boosted returns, but future gains from activism may be limited. CEFS outperforms peer funds and maintains consistent distributions, but risks include interest rate hedges and the potential widening of CEF discounts in corrections.

news source

Seeking Alpha • Jun 13, 2025

news preview

2 Picks For Monthly Distributions And Participating With Activists

Closed-end funds offer unique opportunities due to the structure, which allows for the share price to swing wildly different from the underlying portfolio value. There are activist groups that specifically target these in a way to take advantage of this feature within the closed-end fund space. On top of that, it also provides significant diversification by investing in already diversified CEFs, and additionally, this can translate into strong monthly distributions.

news source

Seeking Alpha • Jun 8, 2025

news preview

¹ Disclosures

Get started with M1

Invest in Saba Closed-End Funds ETF

Open an M1 investment account to buy and sell Saba Closed-End Funds ETF commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in CEFS on M1