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Saba Opportunistically Hedged Closed-End Funds ETF

CEFS

Market cap $441M

25.18 USD

+0.06

0.24%

At close Updated Sep 14, 9:41 AM EDT

1 day

0.24%

5 days

-0.16%

1 month

-2.1%

3 months

-2.29%

6 months

11.56%

Year to date

10.68%

1 year

10.97%

5 years

16.52%

10 years

26.6%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 100%

Neutral 0%

Negative 0%

2 Deeply Discounted Closed-End Funds That Don't Deserve To Be

Closed-end funds can often be quite interesting to income-focused investors as they pay out relatively higher distribution yields. Another key factor is that the funds can trade at discount/premiums to the net asset value per share. While some funds perpetually trade at deep discounts, there are reasons to believe that some don't deserve to.

2 Deeply Discounted Closed-End Funds That Don't Deserve To Be

3 Strong, High-Yield Income ETFs

As credit spreads narrow, fewer and fewer high-yield ETFs are compelling buys. There are exceptions, and I'll be showcasing three of these in this article: CEFS, CLOZ, and JEMB. CLOZ's CLO portfolio provides the highest 7.2% dividend yield and the strongest risk-adjusted returns.

3 Strong, High-Yield Income ETFs

CEFS: Diversified Fund Of Closed-End Funds, Equity Focus, Outstanding Track Record, And Momentum

The Saba Opportunistic Hedged Closed-End Funds ETF is one of the best-performing income ETFs of the market. The fund invests in a diversified portfolio of closed-end funds, focusing on equity. It sometimes uses options and derivatives, engaging in trades of all types. CEFS is managed by well-known activist investor Saba, with the fund sometimes benefiting/engaging in these campaigns too.

CEFS: Diversified Fund Of Closed-End Funds, Equity Focus, Outstanding Track Record, And Momentum

CEFS Has Outperformed Its Fund-Of-Fund Peers

Saba Opportunistically Hedged Closed-End Fund ETF (CEFS) delivers superior long-term total returns through active management, activist strategies, and interest rate hedging. CEFS consistently outperforms passive and traditional active CEF fund-of-fund peers, with 3- and 5-year annualized returns of 21.34% and 13.91%, respectively. Activist alpha and deep-discount arbitrage allow CEFS to realize market gains faster than peers, while portfolio-level interest rate hedges mitigate leveraged CEF risks.

CEFS Has Outperformed Its Fund-Of-Fund Peers

3 Strong, High-Yield Income ETFs

As credit spreads narrow, fewer and fewer high-yield ETFs are compelling buys. There are exceptions, and I'll be showcasing three of these in this article: CEFS, CLOZ, and JEMB. CLOZ's CLO portfolio provides the highest 7.3% dividend yield and strongest risk-adjusted returns.

3 Strong, High-Yield Income ETFs

CEFS: Outperforms Funds Of Closed-End Funds

Saba Closed-End Funds ETF is attractive for long-term, income-focused investors seeking buy-and-hold opportunities. CEFS delivers monthly distributions with a special year-end distribution, creating a stable price with a strong total return. The portfolio is highly diversified across 77 holdings, including equity, fixed income, and commodity-focused closed-end funds.

CEFS: Outperforms Funds Of Closed-End Funds

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The Closed End Fund ETF Quietly Returning 15% While Yielding More Than Most Bonds

Closed-End Funds (CEF) and Exchange Traded Funds (ETF) are both investment pools that trade on major US stock exchanges, and focus on very specific financial topics, such as high dividend yields, technology, real estate, energy, international markets, and a large panoply of other sectors.

The Closed End Fund ETF Quietly Returning 15% While Yielding More Than Most Bonds

CEF Market Weekly Review: The Key Factors Driving NII

We review the CEF market valuation and performance through the fourth week of April and highlight recent market action. CEF markets faced renewed risk aversion, with sector discounts widening to historical averages and MLPs and Convertibles led to the upside. Western Asset CEFs' NII remained largely stable; key drivers include short-term rate direction, liability management, and overdistribution.

CEF Market Weekly Review: The Key Factors Driving NII

How To Invest $100,000 Today: 5 Strategies For Success

The market environment is challenging, to say the least. We discuss how one should invest in today's market. The article presents five different investment strategies, including a fixed-income strategy, high-income strategy, sleep-well-at-night strategy, growth-focused strategy, and the Near-Perfect Portfolio strategy. Selecting a strategy aligned with personal risk tolerance and sticking to it through cycles is critical for long-term success.

How To Invest $100,000 Today: 5 Strategies For Success

A $3 Trillion Question: How Fragile Is Private Credit?

Redemptions are rising and managers are starting to limit withdrawals. Software-linked lending is flashing stress signals.

A $3 Trillion Question: How Fragile Is Private Credit?

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