Saba Closed-End Funds ETFCEFS
CEFS
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
7% more funds holding
Funds holding: 67 [Q3] → 72 (+5) [Q4]
7% more capital invested
Capital invested by funds: $72.1M [Q3] → $77.3M (+$5.23M) [Q4]
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0.34% less ownership
Funds ownership: 31.16% [Q3] → 30.82% (-0.34%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for CEFS.
Financial journalist opinion
Neutral
Seeking Alpha
4 days ago
Should You Invest $100,000 In Today's Market?
The market is experiencing a correction, with a potential bear market looming, making gradual investment over 3-6 months advisable for long-term investors. Understanding personal risk tolerance is crucial before investing, as it dictates how one handles market downturns and portfolio drawdowns. The article presents three different investment strategies. We are going to discuss how strategically you can deploy your capital on a gradual basis.
Negative
Seeking Alpha
1 month ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Neutral
Seeking Alpha
1 month ago
CEFS: Moving This Risk-On Vehicle To Hold (Rating Downgrade)
CEFS is a multi-asset 60/40 fund using Closed-End Funds as building blocks. Saba Capital actively manages the portfolio, capitalizing on CEF discount narrowing opportunities. CEFS has delivered a strong performance, comparable to the S&P 500 in 2024, driven by its active management, successful CEF arbitrage strategies, and favorable market conditions. A core element of CEFS's strategy is Saba Capital's active management, which aims to generate alpha by identifying and exploiting unwarranted discounts in CEF valuations.
Positive
Seeking Alpha
2 months ago
Top Dividend ETFs For 2025
On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Of these, six currently stand out for their comparatively high yields, strong overall risk-return profile. ETFs vary in risk, from similar to cash, to leveraged high-yield bonds and loans.
Positive
Seeking Alpha
4 months ago
CEFS: Activist Manager Unlocks Value In Closed-End Funds
Saba Capital's expertise in closed-end funds and activist approach leads to outperformance vs. peers, unlocking value in underlying funds. The Saba Closed-End Funds ETF delivers a consistent monthly income yielding 7.9% with upside from capital appreciation. The CEFS fund is highly diversified with over 1,000 positions across stocks, bonds, and commodities, making it suitable for buy-and-hold strategies.
Positive
24/7 Wall Street
4 months ago
5 Top ETFs to Buy For Huge Passive Income In November
Google the words “passive income” with the title in an online search, and you'll get about 437,000 results.
Positive
Seeking Alpha
4 months ago
3 Strong Income ETFs, Yields 6.2% - 8.3%
CARY, CLOZ, and CEFS are three of the strongest income ETFs in the market right now. CARY's diversified, high-quality portfolio is perfect for more risk-averse investors. It has a solid 6.2% yield, and outstanding risk-returns. CEFS is much more aggressive, offering a good 7.8% yield, and strong returns. It is riskier than most.
Positive
Seeking Alpha
6 months ago
CEFS: Recent Developments
CEFS is an actively managed ETF run by Saba. The fund sports a strong 8.1% yield and a solid performance track-record. A look at some of its more recent developments follows. These include an activist campaign targeting BlackRock, a booming share price, and a lower yield and discount.
Neutral
Seeking Alpha
6 months ago
Ideas For Managing CEF Discount Volatility
Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.
Positive
Seeking Alpha
7 months ago
CEFS: This Fund Of Funds Has Delivered In 2024, 8% Yield
Saba Closed-End Funds ETF is managed by activist hedge fund Saba Capital, known for focusing on closed-end funds. Recent success with the New America High Income Fund resulted in a significant +7% price gain on August 9, 2024. Saba Capital's expertise in closed-end funds is reflected in the performance of their ETF.
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